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Toro tips cost savings at Wiluna

By: Esmarie Iannucci     12th September 2018 Uranium developer Toro Energy has flagged the potential for significant cost reductions at its Wiluna uranium project, in Western Australia, following leach testing results. The ASX-listed company on Wednesday said that the leach testing results far exceeded expectations with efficiencies, pulp... 

Toro raises A$3.8m

By: Esmarie Iannucci     6th July 2018 Uranium developer Toro Energy has raised A$3.8-million through a share purchase plan. The company on Friday said that it will issue more than 153.2-million shares.  

Toro launches Yandal gold project

By: Esmarie Iannucci     23rd April 2018 Uranium developer Toro Energy has initiated the Yandal gold project, which would see the company undertake gold exploration at its Lake Maitland uranium project, in Western Australia. The company at the end of last week flagged the possibility of hunting for other minerals within its Wiluna... 

Toro hunting for gold at Wiluna

By: Esmarie Iannucci     20th April 2018 Uranium developer Toro Energy has told shareholders that it was evaluating other avenues to extract value from its Wiluna project, in Western Australia, given the current suppressed uranium price. The ASX-listed company said on Friday that it was assessing Wiluna’s prospectivity to host other... 

Strong production, lower costs see Oz tracking towards FY guidance

By: Esmarie Iannucci     25th July 2017 Copper/gold producer Oz Minerals has reported an increase in production during the three months to June, compared with the previous quarter. Copper production increased from 25 079 t in the March quarter to 28 163 t in the June quarter. Gold production increased from 26 135 oz to 32 136 oz in... 

Guthrie appointed to Santos board

By: Esmarie Iannucci     26th May 2017 Oil and gas major Santos has appointed Vanessa Guthrie to its board as an independent director, effective from July 1. Guthrie was previously MD and CEO of uranium developer Toro Energy and VP of sustainable development for ASX-listed Woodside Energy. 

Western Australia approves Cameco uranium mine for development

By: Esmarie Iannucci     17th January 2017 The Western Australian government has approved Canada-based uranium major Cameco’s Yeelirrie uranium project, subject to 17 conditions. Considered one of Australia's largest undeveloped uranium deposits, the Yeelirrie project has an estimated resource of 127.3-million pounds.  Cameco is proposing... 

WA approves Toro’s Wiluna project

By: Esmarie Iannucci     10th January 2017 Uranium developer Toro Energy has received environmental approval for the extension of its Wiluna project, in Western Australia. The ASX-listed company said this week that Western Australian Environment and Heritage Minister Albert Jacob had approved the revised proposal for the Wiluna project,... 

Northern Minerals completes sale of noncore assets

By: Esmarie Iannucci     10th January 2017 Rare earths developer Northern Minerals has completed the divestment of its non rare earth assets in the Tanami region of the Northern Territory to ASX-listed Northern Star Resources. MD George Bauk said in Tuesday that following the sale of the noncore assets, the company’s focus would be on... 

Expanded Wiluna gets enviro backing

By: Esmarie Iannucci     6th September 2016 The Western Australian Environmental Protection Authority (EPA) has recommended the approval of uranium developer Toro Energy’s extension to its Wiluna project. The EPA’s approval of the expanded project is in addition to the previously received approval from the Western Australian and federal... 

Toro reports results of Wiluna beneficiation test work

By: Creamer Media Reporter      29th August 2016 Uranium developer Toro Energy on Monday reported that beneficiation studies on the proposed processing circuit for the Wiluna uranium project, in Western Australia, had successfully demonstrated that a simple screen and deslime beneficiation circuit process could significantly upgrade the... 

Toro takes another step in Wiluna development

By: Mariaan Webb     7th July 2016 Uranium company Toro Energy has taken another step in the development of the Wiluna uranium project with the signing on Thursday of an agreement with the Wiluna People providing the consent of native title holders. Toro MD Dr Vanessa Guthrie expressed the company’s appreciation for the... 

Northern Minerals consolidates Browns Range tenements

By: Esmarie Iannucci     14th March 2016 ASX-listed Northern Minerals has struck a deal with uranium developer Toro Energy to gain full ownership of four tenements previously held in a joint venture. With the exception of the uranium mineral rights over the tenements, Northern Minerals now had 100% of the tenements, which secured the... 

Toro hopes for improved economics at Wiluna

By: Esmarie Iannucci     1st February 2016 Uranium developer Toro Energy has again added to the resource estimate of its Wiluna project, in Western Australia, announcing on Monday that resource estimates for the Lake Maitland deposit had increased to 16.9-million pounds of contained uranium oxide (U3O8). The mineral resource at the Lake... 

Oz hunts for nickel on Toro soil

By: Esmarie Iannucci     11th December 2015 Copper miner Oz Minerals has signed a heads of agreement (HoA) with uranium developer Toro Energy to explore for nickel on two tenements located near the Lake Maitland uranium deposit, in Western Australia. Under the terms of the HoA, Oz Minerals would spend A$5-million to earn a 70% interest in... 

Toro hopes to finalise Wiluna expansion plans by 2016

By: Esmarie Iannucci     10th December 2015 Uranium developer Toro Energy was hoping to have Ministerial approval for its expanded Wiluna project by the fourth quarter of next year. Speaking to Mining Weekly Online, Toro MD Dr Vanessa Guthrie noted that the public environmental review document went public in November, with the review... 

Toro upgrades Wiluna resources

By: Esmarie Iannucci     14th October 2015 Uranium developer Toro Energy has reported a 20% increase in the mineral resource estimates for its Centipede and Millipede deposits, in Western Australia, to a combined 15.3-million pounds uranium oxide (U3O8), at an average grade of 1 021 parts per million. The increase followed the completion... 

Toro talks to communities about Wiluna expansion

By: Esmarie Iannucci     25th August 2015 Uranium developer Toro Energy has started community consultation ahead of the release of a request to extend its already approved Wiluna uranium project, in Western Australia. Toro has lodged a draft public environmental review (PER) with the Western Australian Environmental Protection Authority... 

Toro chairperson takes leave of absence

By: Creamer Media Reporter      30th June 2015 Uranium company Toro Energy said on Tuesday it had granted its chairperson, Fiona Harris, leave of absence for three months for personal reasons. John Cahill, the Toro audit committee chairperson, would act as chairperson of the board during Harris’s absence, the ASX-listed company reported. 

Toro Energy enters into deal with Sentient to refinance debt

By: Esmarie Iannucci     11th June 2015 Uranium developer Toro Energy has inked a transaction with major shareholder The Sentient Group which would halve its current A$12-million debt, and convert the remaining debt into a secured interest free loan owed to Sentient. Toro would repay the full A$12-million owed to Macquarie Bank with... 

EPA approves expanded Wiluna plan

By: Esmarie Iannucci     18th February 2015 The Western Australian Environmental Protection Authority (EPA) has approved the environmental scoping document for the Wiluna project extension, developer Toro Energy reported on Wednesday. Under the expansion project, Toro would integrate the Millipede and Lake Maitland deposits into its... 

FIRB approves Toro investment

By: Esmarie Iannucci     11th December 2014 The Foreign Investment Review Board (FIRB) has approved a A$10-million investment into uranium developer Toro Energy’s Wiluna project, in Western Australia. Last month, Toro executed a binding unitisation agreement with investor The Sentient Group, which would subscribe for 125-million shares in... 

Toro executes A$10m project level investment

By: Esmarie Iannucci     4th November 2014 Uranium developer Toro Energy has executed a binding unitization agreement with investor The Sentient Group, confirming a further A$10-million investment in the Wiluna uranium project, in Western Australia. At the start of the week, Toro announced that Sentient had agreed to subscribe for... 

Toro sharpens Wiluna focus as it secures A$10m cash injection

By: Esmarie Iannucci     3rd November 2014 Uranium developer Toro Energy on Monday announced that it had entered into a binding financing and asset acquisition agreement with resources investor The Sentient Group, which would deliver a A$10-million capital injection to the ASX-listed junior. Sentient has agreed to subscribe for... 

Toro releases Wiluna environmental report for public input

By: Natalie Greve     6th October 2014 Following an environmental assessment, uranium developer Toro Energy has released the environmental scoping document (ESD) for the planned extension of the company’s wholly-owned Wiluna uranium project, in Western Australia . This followed prior approval by the state and federal governments for... 

Toro and Areva team up on NT uranium exploration

By: Creamer Media Reporter      29th September 2014 Uranium developer Toro Energy has signed a farm-in and joint venture (JV) agreement with the Australian division of global nuclear energy group Areva to explore in the Northern Territory. The agreement covers a tenement package of 2 292 km2 in the “relatively underexplored” Wisco basin, southwest... 

Early investment made in Australian uranium mine

4th April 2014 Australian uranium mine developer Toro Energy announced in February that South Africa-based investment fund RealFin Capital Partners (RealCap) has subscribed early for shares, for a second time, under the broader $10-million equity subscription investment package, or subscription agreement, which... 

Toro seeks govt approval to enlarge Wiluna

By: Esmarie Iannucci     21st February 2014 Uranium developer Toro Energy was seeking government approval to start mining operations at its Millipede and Lake Maitland deposits to further enhance the Wiluna project, in Western Australia. The company already had the necessary federal and state government approvals in place to establish a... 

Independent studies confirm Toro hopes

By: Esmarie Iannucci     30th January 2014 An independent scoping study and a preliminary economic assessment have confirmed uranium developer Toro Energy’s expected improvements on the Wiluna project, in Western Australia, following the incorporation of the Lake Maitland deposit into the project. Based solely on mining the... 

Toro completes Lake Maitland buy

By: Esmarie Iannucci     20th November 2013 Uranium developer Toro Energy has confirmed a resource upgrade at its expanded Wiluna project, in Western Australia, after completing the acquisition of the Lake Maitland project. The Lake Maitland’s uranium oxide (U3O8) resource has been increased by some 27%, to 15.7-million pounds, at 500... 

Toro adds resource confidence at Wiluna

By: Esmarie Iannucci     8th October 2013 Uranium developer Toro Energy has increased the measured and indicated resource at its Wiluna project, in Western Australia, by 75% to 25.2-million tonnes, at 511 parts per million (ppm), for 30.6-million pounds of uranium oxide (U3O8). This was 13.3-million pounds higher than the previous... 

Toro gets FIRB approval for Lake Maitland buy

By: Esmarie Iannucci     4th October 2013 The Foreign Investment Review Board (FIRB) has given its approval for uranium hopeful Toro Energy to acquire the Lake Maitland uranium project from TSX-listed Mega Uranium. In August, Toro moved to acquire the Lake Maitland project in a A$37-million deal with Mega Uranium, as it worked to... 

Toro gives Wiluna a boost with Lake Maitland acquisition

By: Esmarie Iannucci     12th August 2013 Uranium developer Toro Energy has acquired the Lake Maitland uranium project, in Western Australia, from TSX-listed Mega Uranium in a deal worth nearly A$37-million. Toro, which is developing Western Australia’s first uranium mine, would acquire the project in exchange for 415-million fully paid... 

Toro waits with bated breath for Wiluna decision

By: Esmarie Iannucci     27th March 2013 Uranium developer Toro Energy was facing another delay in the award of federal approval for its Wiluna project, in Western Australia, after the Department for Sustainability, Environment, Water, Population and Communities extended the time for Minister Tony Burke to make a decision on the... 

Toro adds A$12m to balance sheet

By: Esmarie Iannucci     22nd February 2013 Uranium developer Toro Energy has secured A$12-million in funding, allowing the company to maintain a strong funding position while it negotiates with potential project partners for its Wiluna mine, in Western Australia. The convertible debt facility, from Macquarie Bank, would be paid out over... 

Toro soothes fears over Wiluna time frame

By: Esmarie Iannucci     21st December 2012 Uranium developer Toro Energy on Friday told shareholders that the federal government’s delay in handing down an environmental approval for its Wiluna project, in Western Australia, would not affect the project’s time frame. MD Greg Hall said that federal Environment Minister Tony Burke was... 

Uranium industry calls for reform

By: Esmarie Iannucci     19th December 2012 The Australian Uranium Association (AUA) has called for a reform of the environmental assessment and approvals process in Australia, after federal Environment Minister Tony Burke delayed a decision on a new uranium mine in Western Australia. Burke on Tuesday extended his decision deadline until... 

Hall leaves Toro to join Hillgrove team

By: Esmarie Iannucci     4th December 2012 Uranium developer Toro Energy on Tuesday announced the appointment of Vanessa Guthrie as MD, starting from February 8. Guthrie, who is currently the executive GM for the flagship Wiluna project, would be replacing Greg Hall, who has resigned to join fellow-listed Hillgrove Resources as MD and CEO.  

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