Shares in Boss Energy plunge more than 40 per cent as the uranium producer flags challenges in achieving nameplate production and rising cash costs at its flagship project.
In line with announcements earlier this year, uranium producer Boss Energy has achieved FY25 production guidance at its Honeymoon project in South Australia.
Boss Energy is on course to meet its 850,000-pound production guidance for the 2025 financial year at its Honeymoon uranium project in South Australia.
Western Australia-based uranium companies across the board enjoyed moderate ASX gains on Monday, following recent developments from leading Canadian uranium fuel producer, Cameco.
WA-based uranium companies enjoyed solid gains on Thursday, following overnight news in the US that Amazon plans to invest more than $US500 million in nuclear power.
Uranium producer Boss Energy was unable to stem the flow of losses across the market on Wednesday, despite positive news from its Honeymoon project in South Australia.
Energy Resources of Australia has begun proceedings in the Federal Court against in relation to the Northern Territory government’s decision not to renew the Jabiluka mineral lease.
A forecast uranium production boost which led to an ASX stock sell-off last week will have a marginal impact on the market, according to Boss Energy chief executive Duncan Craib.
Uranium producer Boss Energy is confident it will hit its 2025 financial year production guidance of 850,000 pounds of uranium oxide at its Honeymoon project in South Australia.
Duncan Craib-led Boss Energy believes positive drilling results from its Gould's Dam satellite deposit could pave the way for increased production at its Honeymoon project.
The boss of Australia's newest uranium miner says populist political leaders are not interested in casting a fair eye over nuclear energy's potential as part of the nation's future energy mix.
Uranium explorer Boss Energy is getting closer towards producing its first drum of yellowcake at the company's flagship Honeymoon uranium project in South Australia.
Uranium explorer Boss Energy generated a net profit after tax of $56.64 million during the first half of the 2024 financial year, after making a $2.4 million loss during the prior corresponding period.
Subiaco-based Boss Energy has acquired a 30 per cent stake of the Alta Mesa ISR uranium project, located in the American state of Texas, for $US60 million, or $A91.5 million.
Shares in Australian uranium companies rose on Friday, following a significant update from Kazakhstan-based Kazatomprom, which is the world's largest producer.
With the uranium price touching US$80 a pound, up from a low of US$20 just a few years ago, a bevy of ASX-listed small caps are lining up for a piece of the action. Geoscience Australia says Australia boasts almost half (46 per cent) of the global uranium resources which screams opportunity. Dollar Bill pontificates on potential for law changes and the future for uranium mining in Australia.
Paladin Energy is calling for $215 million to restart the Langer Heinrich mine in Namibia and has lined up another taker for its product, evidence of what it says is a strengthening uranium market.
Boss Energy has become the third Perth-based uranium company to undertake a major capital raising this year, tapping into improving sentiment for the commodity.
