Boss Energy has taken another step towards restarting the mothballed Honeymoon uranium project in South Australia after launching a $125-million equity raise.

Boss Energy has taken another step towards restarting the mothballed Honeymoon uranium project in South Australia after launching a $125-million equity raise.
Vimy Resources has further solidified its Mulga Rock uranium project in Western Australia after successfully raising $17 million.
Boss Energy and First Quantum Minerals (FQM) have teamed up to explore for base and precious metals within the Honeymoon uranium project in South Australia.
The uranium market has mimicked the escalations seen in nickel and lithium in the past few months, with prices reaching a nine-year high of $US50.08 ($70.26) per pound in September 2021.
Energy Resources of Australia (ERA) has added an additional $600 million to the rehabilitation cost of its ceased Ranger uranium mine in the Northern Territory.
Vimy Resources is completing a review of its Mulga Rock uranium project in Western Australia after receiving unsolicited approaches from external companies.
There is strong incentive that the uranium price is on the verge of bouncing back as contracts and supply begin to run thin across the globe, paving the way for new sources in Australia to come online.
Paladin Energy has outlined a number of value enhancement opportunities at its Langer Heinrich uranium mine in Namibia, as the company works to bring the asset back into production.
Uranium futures spiked to $US48.55 ($66.16) per pound (lb) on Wednesday, the highest price since 2012 as the market anticipates a new yellowcake cycle. Read more