Tag: LOT
Lotus Resources announces 6.9Mt mineral resource estimate for Livingstonia uranium deposit
Lotus Resources (ASX: LOT) has announced an inaugural mineral resource estimate for the Livingstonia uranium deposit in Malawi of 6.9 million tonnes grading 320 parts per million uranium oxide.
The...
Lotus Resources receives ‘strong’ support from the Malawian Government and other key stakeholders
Lotus Resources (ASX: LOT) has received “strong government support” for its plans to restart the Kayelekera uranium mine in Malawi “as early as possible”.
During a recent trip to Malawi, Lotus held...
Lotus Resources confirms satellite potential of Livingstonia uranium project
Lotus Resources (ASX: LOT) has confirmed the Livingstonia uranium project, located approximately 90 kilometres from its flagship Kayelekera mine in Malawi, has the potential to become a satellite depo...
Lotus Resources boosts Kayelekera uranium resource ahead of definitive feasibility study
Lotus Resources (ASX: LOT) has posted a 23% increase to the mineral resource for its Kayelekera uranium project in Malawi as it progresses the definitive feasibility study to completion mid-year.
T...
Lotus Resources expands known mineralised zone at historic Kayelekera uranium mine
Maiden drilling at Lotus Resources’ (ASX: LOT) historic Kayelekera uranium mine in Malawi has expanded the project’s known mineralised zone and underpinned the release of an updated mineral resource e...
Lotus Resources launches maiden uranium drilling at Livingstonia
Uranium explorer Lotus Resources (ASX: LOT) has kicked off its first drilling program at the recently acquired Livingstonia project in Malawi.
Purchased in October, Livingstonia is located 90 kilom...
Lotus Resources ups uranium resource in Malawi with purchase of 6Mlb deposit
Lotus Resources (ASX: LOT), which is working to reopen the mothballed Kayelekera uranium mine in Malawi, has increased the size of its other project in the central African country, adding 6 million po...
Lotus Resources to explore Milenje Hills rare earth target within Kayelekera uranium project
Lotus Resources (ASX: LOT) has commenced an exploration campaign at the Milenje Hills rare earth target within the historic Kayelekera uranium project in Malawi.
The work follows the discovery last...
Malawi Government renews Lotus Resources’ mining and exploration permits for Kayelekera uranium project
Lotus Resources (ASX: LOT) is closer to redeveloping its Kayelekera uranium project after the Malawi Government renewed the mining licence for a further 15 years.
Malawi’s Minister of Mines Rashid ...
Lotus Resources commences definitive feasibility study at Kayelekera uranium project
Australian exploration company Lotus Resources (ASX: LOT) has commenced work on a definitive feasibility study following recent technical work relating to the restart of its flagship Kayelekera uraniu...
Will a uranium recovery stick this time?
A fresh wave of optimism is washing across Australian uranium explorers as nuclear power stakes a claim in the drive to decarbonise the world, but a second wave of genuine demand from power utilities ...
Lotus Resources achieves higher product grade from ore testing at Kayelekera uranium project
A second round of ore testing at Lotus Resources’ (ASX: LOT) Kayelekera uranium project in Malawi has provided further improvements on results from the first stage.
The test work used a combination...
Ore sorting tests by Lotus Resources enhance uranium grade at Kayelekera
Initial ore sorting testwork at Lotus Resources’ (ASX: LOT) Kayelekera uranium project in Malawi has exceeded expectations with the uranium grade increasing compared to the original feed sample by 100...
Lotus Resources kicks off first drilling in 15 years at Kayelekera uranium project
Lotus Resources (ASX: LOT) will this week begin a 5,000m drilling program at its Kayelekera uranium mine in Malawi, the first uranium exploration drilling program at the project in more than 15 years....
Lotus Resources commences ore sorting testwork at Kayelekera uranium project
Perth-based Lotus Resources (ASX: LOT) has moved a step closer to a production restart at the mothballed Kayelekera uranium project in Malawi with the commencement of ore sorting testwork on a 500 kil...
Lotus Resources appoints uranium marketing and sales exec to lock in offtake deals
Lotus Resources (ASX: LOT) has welcomed a new uranium marketing and sales executive to its team as it aims to capture long-term offtake deals for the Kayelekera uranium project in Malawi.
The compa...
Lotus Resources sells Hylea cobalt project to Sunrise for $2.5m, advances Kayelekera uranium asset
Uranium focused Lotus Resources (ASX: LOT) has sold off its non-core asset the Hylea cobalt project in New South Wales to Sunrise Energy Metals (ASX: SRL) for $2.5 million in cash and shares.
Lotus...
Lotus Resources to acquire maximum equity in Kayelekera uranium project
Perth-based Lotus Resources (ASX: LOT) will boost its interest in the Kayelekera uranium project in Malawi to a maximum 85% after reaching an agreement with project owner Kayelekera Resources Pty Ltd....
Lotus Resources readies Malawi uranium mine restart as supply crunch looms
The rule of thumb is that mining stocks soar when the underlying commodity sees a substantial price increase.
In recent months, the silver, tin and copper stocks have behaved that way.
Most ASX ...
First silver, now uranium — fears of supply shortages drive up yellowcake share prices
While silver stocks on the ASX retreated after their exuberant buying spree on Monday, Tuesday was a day in the sun for their uranium counterparts.
The trigger for the yellowcake stocks was, unlike...
Lotus Resources begins uranium offtake talks ahead of Malawi mine reopening
Lotus Resources (ASX: LOT) is about to commence discussions with major global utilities covering offtake from its Kayelekera uranium mine in Malawi ahead of the mine’s reopening after being mothballed...
