Toro gets environmental nod for WA uranium mine

Western Australia’s Environmental Protection Authority (EPA) has recommended that uranium developer Toro Energy’s Wiluna project be approved for development. The environmental impact of Wiluna – the first uranium project in Western...

TNG and Toro sign exploration agreement

Resources company TNG has signed a heads of agreement with fellow listed uranium developer Toro Energy, allowing TNG to explore for minerals over three of Toro’s exploration licences. Under the terms of the agreement, TNG would spend A$500 000...

Extract shareholders told to accept A$2.2bn Chinese offer

ASX- and TSX-listed uranium developer Extract Resources on Thursday urged shareholders to accept a A$2.2-billion takeover offer from the China Guandong Nuclear Power Corporation (CGNPC), through its subsidiary Taurus Minerals. In its target...

CGNPC launches A$2.2bn Extract takeover

The China Guandong Nuclear Power Corporation (CGNPC) on Tuesday launched a A$2.2-billion takeover offer for ASX- and TSX-listed uranium developer Extract Resources. CGNPC, through its subsidiary Taurus Minerals, has made a $8.65 a share cash...

Toro launches share purchase plan to raise funds

ASX-listed uranium developer Toro Energy on Monday launched a share purchase plan to raise funds to further advance work at its Wiluna project, in Western Australia. The miner said that eligible shareholders would be given the opportunity to...

CGNPC inches closer to Kalahari takeover

China Guandong Nuclear Power Corporation (CGNPC) was moving incrementally closer to obtaining control of takeover target Kalahari Minerals as its February 2 deadline looms. At the end of last week, CGNPC had secured a 29.4% shareholding in...

Extract holds off on offer recommendation

ASX- and TSX-listed uranium developer Extract Resources would hold off on making a recommendation on the proposed bid from Taurus Mineral, until a firm offer has been made. Taurus Mineral, which is jointly owned by China’s CGNPC Uranium...

Extract goes into trading halt, awaits Kalahari news

Uranium developer Extract Resources went into a trading halt on Thursday, as its shareholder Kalahari Minerals and its Chinese suitor CGNPC Uranium resources conclude discussions. Extract told the ASX that it would remain in a trading halt until...

Extract consults ASIC on rekindled Chinese interest

Uranium developer Extract Resources confirmed on Tuesday that it had been consulted by and made submissions to the Australian Securities and Investment Commission (ASIC) regarding the terms and conditions for a possible “downstream offer” by...

Namibia’s Environment Ministry approves Extract Resources’ Husab uranium project

Namibia is one of the world's most significant producers of uranium, currently providing about 10% of the world’s production.

Siburan eyes opportunities in gold- and copper-rich PNG

Gold and uranium developer Siburan Resources on Thursday told the market that it had initiated reviews and discussions with potential strategic partners in Papua New Guinea (PNG), with the aim of acquiring mineral projects in that country....

EPA approves Wiluna uranium scoping document – Toro

The Environmental Protection Authority (EPA) of Western Australia has given uranium developer Toro Energy the nod to proceed with an environmental review and management programme (ERMP) for its Wiluna project. The EPA has approved the...