News Articles for Lotus Resources

Keen to accelerate a restart at its Kayelekera uranium project in Malawi, mid-cap Lotus Resources has announced plans to raise $110 million, or $US74 million.

A Supreme Court judge has criticised Lotus Resources director Grant Davey's credibility as a witness during legal proceedings over a stake in the Kayelekera uranium project.

Perth-based Lotus Resources and A-CAP Energy have agreed to a merger to combine their assets and be a major uranium player in Africa.

Paladin Energy has received formal approval from the government of Malawi to proceed with the sale of its Kayelekera uranium project to Perth-based Lotus Resources and Lily Resources.

Uranium company Paladin Energy has announced it will raise $30.2 million through a share placement and a further $7 million from a share purchase plan, with the proceeds to help cover the cost of maintaining its mothballed African mines.

Shares in West Perth-based Hylea Metals were up 592 per cent today after the junior announced it acquired a 65 per cent stake in Paladin Energy's Kayelekera uranium mine in Malawi.

Former Cricket Australia senior manager Sam Almaliki has been appointed executive director of Activistic.

Berkeley Energia has appointed London-based mining executive Nigel Jones as non-executive director.

SPECIAL REPORT: Electric vehicles and other technology applications have driven investor interest in graphite and lithium, and cobalt might be next.

Michael van Uffelen has been appointed as a non-executive director of Dragon Energy.

Perth-based minerals explorer Dragon Energy has announced a $21.4 million capital raising to finance its acquisition of the Rocklea iron ore project in the Pilbara.