Tag: VMY

Deep Yellow Vimy Resources uranium merger ASX DYL VMY

New $658m uranium major emerges as Deep Yellow ties the knot with Vimy Resources

After advanced uranium explorer Deep Yellow (ASX: DYL) made a takeover bid and was knocked back last year, Vimy Resources (ASX: VMY) has found common ground with Deep Yellow, which paves the way for a...
Deep Yellow ASX DYL Vimy Resources VMY Gregory Meyerowitz

Deep Yellow leaves door open for merger with Vimy, strengthens board

Deep Yellow (ASX: DYL) chief executive officer John Borshoff has laid out a detailed case for mergers in the uranium sector after the company’s attempt to acquire Vimy Resources (ASX: VMY) was allowed...
Uranium stocks rally nations emissions targets CO2 carbon baseload

Uranium stocks rally as nations tighten emissions targets

The uranium industry is setting up for an accelerated rise in prices with a supply deficit looming and demand growing as governments target ‘cleaner and greener’ energy sources – a sector in which nuc...
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...
Uranium US senate Trump strategic reserve stocks

Uranium stocks take off as US Senate committee clears Trump plan for strategic reserve

The US Senate Committee on Environment and Public Works has passed a bill that approves the establishment of a national uranium strategic reserve. The new bill, which will almost certainly pass the...
Uranium supply shortage mining Cameco Cigar Lake mine Covid19 coronavirus

Is the long-awaited supply shock finally here for uranium?

Canada’s Cameco this week announced it was shuttering Cigar Lake, the world’s largest uranium mine, for at least four weeks after directives from the Canadian and Saskatchewan provincial governments. ...
Vimy Resources ASX VMY uranium base metals Mulga Rock WA Great Victoria Desert

Vimy Resources acquires new base metals acreage, maintains uranium focus

Uranium junior Vimy Resources (ASX: VMY) has acquired an unexplored landholding believed to be highly-prospective for base metals and located next to its flagship Mulga Rock uranium project, 290km fro...
Vimy Resources ASX VMY Mulga Rock Project drilling

Rising battery mineral prices unlock base metal upside to Vimy Resources’ uranium project

Uranium explorer Vimy Resources (ASX: VMY) has uncovered battery mineral upside at its Mulga Rock uranium project in Western Australia. A definitive feasibility study into the project’s viability o...