TOE
Director Trades
| Date | Director | Value |
|---|---|---|
| 22/12/24 | M. Marier | $5,435 |
Company News
Toro Energy Receives $75m Takeover Bid from Canadian Uranium Miner IsoEnergy
Canadian company IsoEnergy is looking to strengthen its top-tier uranium portfolio in a rising market with a $75 million bid for Australia’s Toro Energy (ASX: TOE) and its flagship Wiluna uranium project in Western Australia. The proposed takeover will add Toro’s high-quality, scoping-stage project — comprising the Centipede-Millipede, Lake Way and Lake Maitland deposits — to IsoEnergy’s asset line-up, […]
Toro Energy sees 17% resource jump at Wiluna following Lake Maitland upgrade
A decision by Toro Energy (ASX: TOE) to re-examine its Lake Maitland asset on the back of rising global uranium interest appears to have paid off in the form of an improved resource profile for the site. The re-assessment has allowed the company to upgrade the resource estimate at the Western Australia operation by 12%. […]
Western Australia poised for uranium mining revival as political support grows
Just days after Federal Liberal party leader Peter Dutton came out in hard-hitting support of nuclear power, his Western Australian counterpart has backed a return to uranium mining in her state. Opposition leader Libby Mettam has confirmed that uranium miners would be able to proceed through the same environmental approvals as other minerals if she […]
Australian uranium shares surge on news of Kazatomprom production shortfall
Local uranium shares soared on Friday after news broke that Kazatomprom, the world’s largest exporter of the nuclear fuel, will likely miss potential production targets for 2024 by a fifth due to construction delays and problems obtaining sulphuric acid. Kazatomprom’s woes sent Australian uranium shares rising and traders will be looking for another jump in […]
Toro Energy plans strategic integration to elevate Lake Maitland uranium project
Toro Energy (ASX: TOE) says its ongoing “extension study” for the proposed Lake Maitland uranium-vanadium operation in Western Australia continues to identify significant potential at a time when global uranium prices are soaring. The new study follows up on the promise identified in a previous scoping study and has identified meaningful upside through the inclusion […]
Uranium stocks rally as nations tighten emissions targets
The uranium industry is setting up for an accelerated rise in prices with a supply deficit looming and demand growing as governments target ‘cleaner and greener’ energy sources – a sector in which nuclear power didn’t seem to be considered until now. Nuclear power has been sidelined by governments for years, hampered by its dangerous […]
Gold is the big story in town as investors rush into penny stocks
Scratch a financial advisor and ask about investing in gold – it is almost certain one of their suggestions will be to buy companies actually producing the metal and, preferably, paying a dividend. But Monday saw the market action elsewhere and the cheaper the stock, the more enthusiasm. There are various currents swirling in the […]
Is the long-awaited supply shock finally here for uranium?
Canada’s Cameco this week announced it was shuttering Cigar Lake, the world’s largest uranium mine, for at least four weeks after directives from the Canadian and Saskatchewan provincial governments. The Canadians are concerned about the use of fly-in, fly-out workers while COVID-19 is spreading. Meanwhile, Namibia, a key supplier of uranium to China’s nuclear fleet, […]