Detailed engineering

Nuclear Power Plant Construction Boom Fueling Billion Dollar Growth for Uranium Market

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Wednesday, January 31, 2024
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The main types of uranium ore are granite-type uranium deposits, volcanic-type uranium deposits, sandstone-type uranium deposits, and carbonate-siliceous-pelitic rock-type uranium deposits.

Key Points: 
  • The main types of uranium ore are granite-type uranium deposits, volcanic-type uranium deposits, sandstone-type uranium deposits, and carbonate-siliceous-pelitic rock-type uranium deposits.
  • It will grow from $1.11 billion in 2023 to $1.21 billion in 2024 at a compound annual growth rate (CAGR) of 9.5%.
  • The growth in the historic period can be attributed to the nuclear power plant construction boom, the cold war and military demand, the Chernobyl and three-mile island incidents, global economic trends, and changes in the regulatory environment.
  • Business Research concluded: “Rising nuclear fuel consumption is expected to propel the growth of the uranium ore market going forward.

Doubleview Reports Hat Project Copper Equivalent Disclosures Will Now Include Recoverable Copper, Gold, Cobalt and Scandium

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Wednesday, April 19, 2023
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Table 3 presents drill core assay and Copper Equivalent values for copper, gold, cobalt, and scandium.

Key Points: 
  • Table 3 presents drill core assay and Copper Equivalent values for copper, gold, cobalt, and scandium.
  • Inclusion of scandium in Hat Project Copper Equivalent values significantly increases the CuEq figures.
  • Copper Equivalent is a calculated single-value composite of possibly economically recoverable metals and is widely used in the evaluation of early-stage mineral properties.
  • Scandium in tailings could be purified to yield scandium phosphate, a high value specialized product*, or scandium oxide, a much lower value commodity.

NexGen Announces Appointment of Ivan Mullany to its Board of Directors

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Tuesday, January 31, 2023
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VANCOUVER, BC, Jan. 31, 2023 /PRNewswire/ - NexGen Energy Ltd. ("NexGen" or the "Company") (TSX: NXE) (NYSE: NXE) (ASX: NXG) is pleased to announce the appointment of Ivan Mullany, to the Company's Board of Directors.

Key Points: 
  • VANCOUVER, BC, Jan. 31, 2023 /PRNewswire/ - NexGen Energy Ltd. ("NexGen" or the "Company") (TSX: NXE) (NYSE: NXE) (ASX: NXG) is pleased to announce the appointment of Ivan Mullany, to the Company's Board of Directors.
  • Leigh Curyer, Chief Executive Officer, commented: "On behalf NexGen Energy's Executive and Board of Directors, we are very pleased to welcome Mr. Ivan Mullany.
  • Mr. Mullany has extensive knowledge and experience in the successful execution of global mining project construction and operational excellence.
  • Mr. Mullany, BSc, Majoring in Extractive Metallurgy, CIMM, FAusIMM, has over 35 years in mining project management with broad international experiences.

Discovery Reports Positive Metallurgical Results from Cordero & Provides Project Update

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Tuesday, May 31, 2022
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Oxide metallurgical testwork: Additional column leach testwork to supplement the column leach tests completed in 2021 will commence later this quarter.

Key Points: 
  • Oxide metallurgical testwork: Additional column leach testwork to supplement the column leach tests completed in 2021 will commence later this quarter.
  • The first phase will incorporate a flotation circuit only (the PEA incorporated both a flotation and heap leach circuit).
  • The second phase will incorporate an expansion of the flotation circuit and the potential addition of a heap leach circuit pending the results of the metallurgical testwork outlined above.
  • Hydrogeological drilling will commence later this quarter with results to be incorporated in the site wide water balance for the PFS.

Marathon Gold Investing in Newfoundland & Labrador

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Monday, October 18, 2021
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TORONTO, Oct. 18, 2021 (GLOBE NEWSWIRE) -- Marathon Gold Corporation (Marathon or the Company; TSX: MOZ) is pleased to provide an update on the ongoing project development activities at the Valentine Gold Project in central Newfoundland (the Project), with a specific focus on employment and procurement within the province of Newfoundland and Labrador (NL).

Key Points: 
  • TORONTO, Oct. 18, 2021 (GLOBE NEWSWIRE) -- Marathon Gold Corporation (Marathon or the Company; TSX: MOZ) is pleased to provide an update on the ongoing project development activities at the Valentine Gold Project in central Newfoundland (the Project), with a specific focus on employment and procurement within the province of Newfoundland and Labrador (NL).
  • Cooperation Agreements have been concluded with the six central Newfoundland communities located closest to the Project, identifying the interests of each community in employment, business opportunities, community investment, and environmental protection.
  • Of these packages, Newfoundland and Labrador sourced goods and services comprise 55% of the total by value, or 88% when the value of mobile mining and drilling equipment manufactured outside NL is excluded.
  • Marathon (TSX:MOZ) is a Toronto based gold company advancing its 100%-owned Valentine Gold Project located in the central region of Newfoundland and Labrador, one of the top mining jurisdictions in the world.The Project comprises a series of five mineralized deposits along a 20-kilometre system.