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Australian biotech sector tipped for strong growth
Recent studies have highlighted the significant potential the Australian biotech industry has ahead of it. International research firm KPMG recently forecast Australia could generate over $15 billion in exports to the United States and create 34,000 high-skilled jobs by accelerating US-Australia biotechnology collaboration. Australia’s $1.2b biotech industry currently ranks fifth in the world in terms […]
Universal Biosensors secures FDA approval for Xprecia Prime, paving way for US market expansion
Melbourne-based medical company Universal Biosensors (ASX: UBI) has received two approvals from the US Food and Drug Administration (FDA) for its Xprecia Prime coagulation analyser as a class II device. Receipt of FDA 510(k) and a clinical laboratory improvement amendments (CLIA) waiver means the company is now poised to sell the product to professional health […]
Galan Lithium commences second pond filling at HMW as Phase 1 nears completion
Galan Lithium (ASX: GLN) has commenced the filling of a second pond at the Hombre Muerto West (HMW) lithium brine project as it nears completion of Phase 1 construction and prepares for the start of production next year. The company said earthworks and liner installation were 65% complete and construction of a third pond was […]
Boss Energy and enCore’s Alta Mesa uranium project exceeds expectations with high-grade intersections
Boss Energy’s (ASX: BOE) global expansion plans are off to a strong start with the latest drilling at its 30%-owned Alta Mesa uranium project in South Texas returning high-grade results. Alta Mesa operator enCore Energy Corp – which owns the other 70% interest in the operation – said it had recorded the highest-grade intersections at […]
Aurum Resources expands Ivorian gold presence with Boundiali South acquisition
Aurum Resources (ASX: AUE) is set to acquire the advanced Boundiali South (BST) exploration tenement next to its Boundiali gold project along West Africa’s Ivory Coast. The tenement was granted to the Predictive Discovery Côte d’Ivoire SARL joint venture (JV) in 2014 and is currently under renewal. The JV partners are Turaco Gold (ASX: TCG) […]
Global uranium supply in jeopardy as Kazatomprom lowers production forecasts
Kazatomprom, the world’s largest uranium producer, has confirmed it will not be able to meet its previous production forecasts in an announcement that is expected to significantly impact supply and prices of the energy metal. The company also declared that the world may not have enough uranium production to meet global demand after 2030. Chief […]
Surefire Resources confirms 68% increase in gold content at Yidby project
Surefire Resources (ASX: SRN) has reported “excellent” final gold recovery results from metallurgical column leach test work carried out at the Yidby project in Western Australia. The work was completed by Perth-based ALS Global on mineralised core selected from three previously-drilled diamond holes that aimed to understand the gold system and assess if the mineralisation […]
Western Australia poised for uranium mining revival as political support grows
Just days after Federal Liberal party leader Peter Dutton came out in hard-hitting support of nuclear power, his Western Australian counterpart has backed a return to uranium mining in her state. Opposition leader Libby Mettam has confirmed that uranium miners would be able to proceed through the same environmental approvals as other minerals if she […]
International Graphite reports strong purification and electrochemical results from Springdale concentrate
International Graphite (ASX: IG6) has reported “exceptional” results from purification and electrochemical test work on graphite concentrates generated from its wholly-owned Springdale project in Western Australia. The micronising, spheroidising and purification program was conducted in Germany by industry specialist ProGraphite GmbH, while the electrochemical work was carried out by a specialist battery testing group under […]
Mineral Resources to establish third lithium processing hub with purchase of Lake Johnston plant from Poseidon Nickel
Mineral Resources (ASX: MIN) has shown its confidence in the lithium sector by snapping up a key piece of infrastructure to help consolidate its plans to establish a third processing hub for the battery metal in Western Australia. The company has signed a binding heads of agreement with Poseidon Nickel (ASX: POS) to acquire the […]
dorsaVi adds real-time facial tracking to AI-powered movement platform
Human movement analytics company dorsaVi (ASX: DVL) has integrated real-time facial tracking into its suite of artificial intelligence (AI)-powered video tracking capabilities available on its touchless movement tracking platform ViMove. The new feature de-identifies individuals during video capture with facial blurring, enhancing dorsaVi’s privacy and compliance practices in line with global security standards. The advancement […]
Orpheus Uranium set to commence maiden drilling campaign at Erudina prospect
Orpheus Uranium (ASX: ORP) has defined an initial drilling campaign at the Erudina prospect within the Frome project in South Australia, which is set to commence once government approvals have been received. The first-pass campaign will feature 30 rotary mud drill holes for 7,000 metres of drilling to target 12 historic holes containing uranium mineralisation. […]
BPH Energy claims PEP-11 gas exploration permit unaffected by NSW offshore ban
BPH Energy (ASX: BPH) believes the New South Wales government’s new bill banning offshore oil developments may not cover the PEP-11 permit operated by its investee company Advent Energy. Late last week, the government successfully passed a new bill through NSW parliament that would ban offshore oil and gas and mining activities off its coastline. […]