News Articles for Marmota

The Bulls N' Bears ASX Runners of the Week are… Bass Oil, which soared on a freshly inked three-year gas deal with Origin Energy in a Cooper Basin comeback, Marmota, which confirmed its “spectacular gold discovery” at Greenewood in the Gawler craton, Alvo Minerals, which extended its Touro massive sulphide streak in Brazil as copper hits all-time highs and Alchemy Resources, which hit premium 65 per cent iron hematite on its granted mining lease in the Bryah Basin.

Bulls N' Bears takes a look at the listed companies that have enjoyed share price explosions on the back of 16-year high uranium prices. With lithium taking a breather, the uranium renaissance has filled a gap as demand for uranium to power a clean-energy future pushed the commodity's fortunes and propelled it to US$106 per pound earlier this year.

With the uranium price touching US$80 a pound, up from a low of US$20 just a few years ago, a bevy of ASX-listed small caps are lining up for a piece of the action. Geoscience Australia says Australia boasts almost half (46 per cent) of the global uranium resources which screams opportunity. Dollar Bill pontificates on potential for law changes and the future for uranium mining in Australia.

Tyranna Resources has sold a gold project in South Australia for $3 million, while fellow Perth-based explorer Hannans is purchasing assets in Western Australia.