Lotus Resources produces first uranium at Kayelekera

Macquarie expects this ASX 300 uranium stock to surge 56%. Here’s why

S&P/ASX 300 Index (ASX: XKO) uranium stock Lotus Resources Ltd (ASX: LOT) looks well-placed to deliver some outsized returns in the year ahead. That's according to a new research report from the team at Macquarie Group Ltd (ASX: MQG). Lotus Resources shares are currently valued at 22.5 cents apiece. And they won't be going anywhere today. The ASX 300 uranium stock entered a trading halt this morning after posting a three-day share price gain of …

Malawi's Uranium Milestone: Lotus Resources Fuels Economic Growth - Business Malawi

Key Business Points Lotus Resources Limited has produced its first yellow cake, a significant step towards boosting Malawi’s mining contribution to GDP, which currently stands at 0.7 percent. The company […] The post Malawi’s Uranium Milestone: Lotus Resources Fuels Economic Growth appeared first on Business Malawi.

Lotus Resources Produces First U3O8 From Malawi Uranium Mine - NucNet - Pro-Nuclear Power Blogs - Nuclear Street - Nuclear Power Plant News, Jobs, and Careers

Lotus Resources has produced the first batch of triuranium octoxide (U3O8), also known as yellowcake, from its 85%-owned Kayelekera uranium mine in the Karonga District of northern Malawi. The Australia-based company said the development marks a key ...

Lotus Resources produces first uranium at Kayelekera

Lotus Resources Limited, a firm that owns 85 percent stake in Kayelekera Uranium Mine in Karonga, has produced its first yellow cake, a powdered  uranium concentrate with 90 percent uranium oxide. Mining experts say this is a key step to boosting the country’s mining contribution to gross domestic product (GDP) from the current 0.7 percent. In an update posted on the firm’s website, Lotus Resources Limited said the production is a key final step…