Tag: LOT

Lotus Resources ASX LOT Livingstonia drilling Malawi uranium

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 ASX LOT uranium resource Malawi deposit Livingstonia project

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 Milenje Hills rare earth ASX LOT Kayelekera uranium

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...
Lotus Resources ASX LOT Malawi Government mining exploration permits Kayelekera uranium project

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 ASX LOT Definitive Feasibility Study DFS Kayelekera Uranium Project Namibia

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...
Uranium recovery spot price market 2021 nuclear ASX Morgan Stanley Kazatomprom

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 ASX LOT uranium ore sorting testwork Kayelekera project

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...
Lotus Resources ASX LOT ore sorting testwork Kayelekera uranium project

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 ASX LOT drilling Kayelekera uranium project reverse circulation

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 ASX LOT ore sorting testwork Kayelekera uranium project

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 ASX LOT uranium offtake marketing sales director shares

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 Sunrise Energy Metals ASX LOT SRL sells Hylea cobalt project Kayelekera uranium asset

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 ASX LOT Kayelekera uranium project Malawi ownership

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 ASX LOT Kayelekera Malawi uranium mine restart supply crunch

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 ...
Uranium supply shortage yellowcake share prices 2021 Bank of America BofA

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 ASX LOT Kayelekera Project uranium nuclear fuel offtake

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...

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