News Articles for Peninsula Energy

Peninsula Energy has turned the corner at its flagship Lance uranium project in Wyoming, completing a $69.9 million equity raise and firing up production of its first yellowcake. The milestone, which saw some big names enter its register caps a full operational and financial reset, positioning the company as a key supplier into a resurgent US nuclear industry.

Peninsula Energy has rolled out the first drum of uranium yellowcake from its Lance project in Wyoming, aligning with the United States Energy Secretary's push to boost the nation's uranium reserve. Peninsula, now ramping up under new leadership, is poised to meet rising US nuclear demand. The company and fellow uranium producers Cameco Corp and Boss Energy have seen share price gains in the wake of renewed uranium interest.

Uranium-focused Peninsula Energy has launched a 51.6 per cent discounted capital raise in order to raise $69.9 million.

Peninsula Energy boss George Bauk says he understands the last few months have been frustrating for the uranium-focused company's shareholders.

Peninsula Energy boss George Bauk has reiterated comments that the uranium explorer is making progress in relation to restarting operations at its flagship Lance project in the US.

Shares in WA-based uranium companies continued trending upwards early on Monday, on the back of news out of the US.

Our weekly appointments wrap includes Stephanie Unwin, David Coyne, Tania Hudson, Anthony Bayne and Kathleen Bozanic.

Uranium producer Peninsula Energy has confirmed John Harrison will retire as the company's chair on Wednesday.

Peninsula Energy's push to become a leading uranium producer is a step closer, following the appointment of Jitu Bhudia as its new chief financial officer.

Shares in Peninsula Energy were sold off early on Friday, after the uranium producer said it would likely downgrade its production guidance for the 2025 calendar year.

Our weekly appointments wrap includes Charlie Gunningham, Clare Pollock, Merinda March, Mark Hyde, Sharon Payn, Alex McGlue, Gina Williams, George Bauk and Julian Hanna.

Uranium producer Peninsula Energy has begun early-stage operations at its flagship Lance project in the American state of Wyoming.

Uranium producer Peninsula Energy has appointed George Bauk as its managing director and chief executive, effective from January 20.

Western Australian-based uranium companies predominantly closed trade positively on Monday, following news out of from Moscow late last week.

Peninsula Energy shares were down 23 per cent to 6.4 cents early on Friday morning, as the uranium developer made a series of key announcements.

Keen to accelerate a restart at its Kayelekera uranium project in Malawi, mid-cap Lotus Resources has announced plans to raise $110 million, or $US74 million.

WA-based uranium companies enjoyed solid gains on Thursday, following overnight news in the US that Amazon plans to invest more than $US500 million in nuclear power.

Days after global uranium powerhouse Kazapromtom confirmed it would reduce its 2025 full-year production guidance, Peninsula Energy has reiterated desire for operations to resume at its Lance project in the US.

Shares in Western Australia-based uranium companies closed trade strongly on Monday, following major news from global powerhouse Kazatomprom.

Uranium exploration company Peninsula Energy remains confident production will resume at its Lance uranium project at the end of the 2024 calendar year.

Uranium explorer Peninsula Energy has announced it will raise $105.9 million in a bid to generate sustainable free cash flow and enhance activities at its US-based Lance project.

Shares across several Western Australia-based uranium exploration companies rose on Wednesday, following news overnight that the US senate unanimously approved a bipartisan bill to ban Russian imports from 2028.

Our board moves wrap includes Scott Thompson, Marc Phillips, Renaud Besnard, Peter Himes, Liqun Li, Troy Flannery, Stuart Macnaughton, Michael Spreadborough, Henk Ludik, Ping [Richard] He, Cameron O'Brien, Matthew O'Hara, Stefan Ross, Paul Niardone, Lachlan Reynolds, Nicholas Ong, Natalie Teo, Dermot O'Keefe, Nicholas [Nick] Vickery, David Coyne, Willie Bezuidenhout, Robert Ierace, and Robert Stevenson

Uranium explorer Peninsula Energy has appointed Willie Bezuidenhout as its interim chief financial officer, following Rachel Rees' departure from the company earlier this month.

Our board moves wrap includes Grant Hudson, Paul Smith, Rachel Rees, and Zane Lewis.

The share price of several Australian uranium companies fell on Friday, following a production update from Canada's leading entity, Cameco.

Shares in Australian uranium companies rose on Friday, following a significant update from Kazakhstan-based Kazatomprom, which is the world's largest producer.

Uranium explorer Basin Energy is asking investors for $3.3 million as it aims to expand its exploration programs in Canada.

Uranium company Peninsula Energy announced on Tuesday that its $10 million securities purchase plan had closed significantly oversubscribed, yielding $33.7 million from more than 2,000 investors.

Peninsula Energy is tapping investors for up to $60 million through a deeply-discounted placement to help fund the restart of its Lance uranium asset in Wyoming.

Our board moves wrap includes David Drakeley, Jack Sedgwick, Fanie van Jaarsveld, Sam Lancuba, and Rachel Rees.

Our board moves wrap includes Shuie Gestetner, Romy Hersham, and Brian Booth.

Our board moves wrap includes Ashley Zumwalt-Forbes, Rhett Bennett, Rachel Rees, Rachel Argaman, and Doug Holland.

Our board moves wrap includes Brett Morgan, Michael Muhling, Martin Stein, Frank Bierlein, and David Coyne.

Subiaco-based Peninsula Energy is using proceeds from a capital raising to fund its purchase of uranium concentrate, which may assist in the restart of its Lance operations in the US.

Subiaco-based Peninsula Energy is raising $40.3 million under a heavily discounted rights issue to help repay its existing term debt and advance its flagship uranium project in the US.

Australis Oil & Gas is taking action to preserve cash reserves through a number of cost-reduction measures as it deals with the current low oil price and impacts of COVID-19.

Our board moves wrap includes Steve Parsons, Michael Naylor, Mathew O'Hara, Oonagh Malone, Evan Cranston, Brian Thomas, Michael Hendriks, Mark Clements, Dale Hanna, Tim Slate, Dale Ginn, Eddie King, Don Carroll, David Coyne, Robert Ierace, and Mauro Piccini.

A summary of the smaller deals from last week, which did not get included in our daily news coverage.

Uranium explorer Peninsula Energy is planning a $9.1 million capital raising to fund costs associated with its mines in the US, while De Grey Mining is planning to raise $5 million to fund exploration activities at its Mallina gold project, near Port Hedland.