Energy Fuels has entered into a letter of intent with Uranium Resources (URI) to acquire properties adjacent to Roca Honda, totaling some 4,580 acres.
On May 8, Gold Resource Corp reported a net income of US$5.1 million, or US$0.09/share for the first quarter of 2015 on sales of US$28.4 million
This year, Largo achieved several milestones apart from the production amounts. Last March, the company said that recovery rates at the milling, kiln, and leaching systems have each met and surpassed design targets
Hui Wui is one of three new veins along with the Karen and Honeyrunner, identified from 2014’s underground exploration program at Fire Creek, which focused on delineating veins east and west of the main decline.
WesternZagros clocked up revenue of $5.6mln in Q2, taking half-year sales up to $8.4mln. The average realized price was $41.71 in the second quarter, three cents down on the price achieved in the first quarter. The company now expects full-year sales revenue will be somewhere between $15mln and $22mln, while field netback...
Forbes has replaced Franco Aquila, the outgoing CEO, who has retired from the company. "On behalf of the board, I would like to sincerely thank Mr. Aquila for his tireless contributions to Iplayco, from co-founding the Corporation in 1999 until today, and I wish him all the best" said Iplayco’s chairman, Muhanad Awad.
The company said that gross margins increased 623 basis points to 36% from 30% for the second quarter compared to a year ago while operating expenses (excluding non-cash items) decreased 6% in the same period compared to the first quarter of 2015 to $1,720,441 from $1,822,961. MagneGas could count on a cash balance of...
EF believes it has sufficient cash and resources to carry out its business plan beyond calendar year 2015 and as of June 30, 2015, the Company had $41.59 million of working capital, including cash and cash equivalents of $20.76 million and 650,000 pounds of uranium concentrate inventory