Fueling the Future: Uranium market activity for the week of Aug. 12

Global Atomics’ (TSX:GLO) Dasa uranium project in Niger continues to be supported by the country’s government, the company revealed in its Q2 2024 results, which it said has not been affected by political developments over the past year.

“We came here, we visited the mine, and we launched the earth-breaking operations for the mill construction. Dasa is a reality everyone can see,” Osumane Abarchi, mines minister and commissaire colonel, said in the company’s statement after a recent site visit. “We want Dasa to be the start of new Niger mining practice with expectations on state income, employment and environment management.”

More than 1,200 metres of ramp development has been completed since November 2022 with 7,000 tons of development ore hauled to surface to date. Uranium spot price update

As of the time of this writing on Wednesday, the uranium spot price sits at US$81.50, according to Business Insider , which is […]

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