Uranium industry revival radiates from Southwest

Simon Thompson is the latest high-profile departure linked to the miner’s destruction of ancient rock shelters in Western Australia.

The Canadian company wants to acquire 13 lithium-potassium-boron prospective salars in central Mexico.

The miner said uncertainty related to the ongoing impacts of covid-19 in Mexico, its focus market, takes part of the shine off its full-year profit, which tripled thanks to sharply higher gold and silver prices.

A PEA for Bluestone Resources’ Cerro Blanco project shows it is capable of producing over 300,000 ounces of gold per year at first decile AISC.

News of the agreement come as the Australian Taxation Office has hit the miner with a fresh A$406.5 million ($317m) bill.

Investigation concluded that the disaster was triggered by vertical perforations in a weak point of the structure.

Engineers are working to incorporate a bipolar technology that uses silicon wafers in traditional lead batteries.

Satori Resources is about to start drilling at the Tartan Lake gold mine project near Flin Flon.

Both Kagem emerald mine in Zambia and Montepuez ruby mine in Mozambique will restart production in a phased manner in mid-March.