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Today's resource upgrade at the Bennet Well uranium project is just the beginning, with the company planning to drill in excess of 100 holes to define in situ leach characteristics. Metallurgical studies on core show uranium recoveries of 94%-96%, which places the project squarely on the development pathway.
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Alibaba Group Holding (NYSE:BABA) soared in its market debut today, trading as much as 46 percent above its initial public offering price of $68 and making the Chinese e-commerce company one of the most valuable companies in the U.S. The stock opened at $92.70 and nearly hit $100 on the New York Stock Exchange.
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Cauldron Energy (ASX:CXU) has drilled eight diamond core holes to lift the uranium resources and confidence level at its wholly-owned Bennet Well uranium deposit in Western Australia. With 29% [...]