The announcement sets out a production target and forecast financial information for the Tiris Uranium Project, based on Ore Reserves and Inferred Mineral Resources, and includes forward-looking risk warnings. By ore tonnes, 67.1% of the target comes from Ore Reserves (28.3% Proved, 38.8% Probable) and 32.9% from Inferred Mineral Resources; by contained U3O8, the split is 67.7% and 32.3%. Inferred resources make up less than 12% of ore mined in the first five years and less than 25% in the first ten years, and no exploration target is included. The company says the 91.3 Mlbs U3O8 Mineral Resource estimate reported on 12 June 2024 remains unchanged, and that the material assumptions, including availability of project finance, are set out in Appendix 4.
Summary written by Upside AI from the original article. Read the source for full details.
Read the original on investegate.co.uk ↗
Related news
- Publication of Final Terms | Company Announcement
Xtrackers ETC plc has published final terms for Tranche 365 of Series 5 of its Xtrackers IE Physical Gold EUR Hedged ETC Securities, covering an issue of 48,000 securities with a tranche issue date of 19 October 2026 and a scheduled maturity of 21 May 2080. The securities are gold-linked and FX hedged, and are issued under a base prospectus dated 12 February 2026. Following this tranche, the series will total 21,330,329 ETC Securities, with J.P. Morgan SE as series counterparty and the securities held through the clearing system Clearstream, Frankfurt.
- Amundi Physical Metals plc: United Kingdom Final Terms | Company Announcement
Amundi Physical Metals plc issued final terms dated 15 October 2026 for 385,000 ETC Securities, Tranche 923 of its Amundi Physical Gold ETC, under its Secured Precious Metal Linked ETC Securities Programme. The terms must be read with the Base Prospectus dated 27 April 2026 and its supplement dated 27 July 2026, with some conditions taken from the Base Prospectus dated 20 May 2019. The rest of the document consists mainly of disclaimers on listings and offers outside the UK.
- Investor Presentation via Investor Meet Company | Company Announcement
Cora Gold (AIM: CORA.L) said CEO Bert Monro will give a live presentation via Investor Meet Company on 19 October 2026 at 12:00 BST, updating investors on recent operations and corporate activity, including resource growth drilling at the Sanankoro Gold Project in southern Mali. The presentation is open to existing and potential shareholders, and questions can be submitted before 09:00 BST on 18 October 2026 or during the event. The company noted that a binding US$120 million gold stream signed in April 2026, together with existing equity, fully funds Sanankoro's development through to production, and that permitting with the Government of Mali is being finalised.
- Increased Ore Reserve and Improved Economics | Company Announcement
Halo Minerals plc has announced an updated Competent Person's Report (CPR) for its Playa Verde copper tailings project in Chile, prepared by EMI and incorporating a 2026 basic engineering update and BIOS cost estimates. The Ore Reserve rises 5.4% to 33.94 Mt, and on that reserve alone the after-tax NPV10 is US$174.3 million with an after-tax IRR of about 46%. Initial capex is estimated at US$92.8 million, with a possible US$6 to 10 million reduction through value engineering and tendering, and sulphuric acid cost could fall from US$200/t to US$150/t under a long-term supply contract. Management says costed opportunities beyond the current reserve could lift project NPV10 to around US$300 million, while the economics are most sensitive to copper price, recovery and operating costs.
- Annual Financial Report | Company Announcement
JPMorgan UK Small Cap Growth & Income plc reported full-year results to 31 July 2026, with a NAV total return of +7.2% against +9.8% for the Deutsche Numis Smaller Companies plus AIM (excluding Investment Companies) Index, and a share price total return of +9.1%. Over three years, cumulative NAV total return was +38.4% versus +27.5% for the benchmark, and over ten years it was +159.9%. The company repurchased 9,725,250 shares into Treasury for £31.6 million at an average discount of 10.1%, and paid a dividend of 14.52p for the year, with 14.92p planned for the year starting 1 August 2026. The Board agreed heads of terms for a proposed combination with Aberdeen UK Smaller Companies Growth Trust plc, with completion expected by the end of 2026 subject to shareholder approvals.
- Acceptance Level Update | Company Announcement
Brave Bison Group PLC has updated the level of acceptances for its increased final offer for System1 Group PLC. As at 3.00 p.m. on 15 October 2026, Brave Bison could count 3,548,475 System1 Shares, about 27.96% of System1's issued share capital, towards the Acceptance Condition. Including shares it already owns, acceptances received, irrevocable undertakings and letters of intent, its total stands at 5,033,990 shares, or about 39.67%. In addition, irrevocable undertakings cover 1,361,419 shares (about 10.73%) and letters of intent cover 138,561 shares (about 1.09%). System1 shareholders who have not yet accepted are urged to do so by 1.00 p.m. (London time) on 26 October 2026.
Related markets
Latest news
- Saudi Arabia postpones big investor conference to 2027 as Iran-backed Houthis escalate attacks on kingdom
Saudi Arabia has postponed its major annual investor conference until 2027 as Iran-backed Houthi militants escalate missile and drone attacks on the kingdom. The Future Investment Initiative had been scheduled for Riyadh from October 26 to 29. The decision follows a Houthi attack on King Khalid International Airport in Riyadh on October 10, which left at least 12 people dead and more than 300 injured. Organizers said in an email that new dates will be announced soon.
- Russia fires mysterious weapon at Kyiv, shockwaves spread; President Putin appears in rare image, drawing global attention
On the night of 18 Oct, Russia launched a coordinated strike on multiple Ukrainian targets using ballistic missiles, cruise missiles and Geran UAVs, focused on Kyiv. According to TST, around 10 ballistic missiles of the Iskander-M, S-400 or KN-23 types may have been used in the first wave; an above-ground metro station on Kyiv's left bank was reported damaged, disrupting rail and metro services, and videos of blue flashes led observers to suspect a new weapon. In western Ukraine, a 330 kV transformer station near Kovel may have been targeted. Meanwhile, Putin, who rarely appears in military uniform, visited a command post and stressed establishing a “security zone” along the border; blogger Yuri Podolyaka argued Moscow no longer treats these areas as bargaining chips. Front-line correspondent Alexander Kots said the part of Donetsk still controlled by Ukraine is just over 2,700 km².
- Semiconductor Sell-Off: 5 Stocks to Buy on the Dip
The article attributes the semiconductor selloff to investor doubts about the durability of AI infrastructure spending, even as cloud companies report strong demand for AI chips. It highlights five stocks: Nvidia (forward P/E just above 13.5 on fiscal 2028 estimates), Broadcom (custom AI chips, with that revenue expected to quadruple to $230 billion over two years; forward P/E of 11), AMD (riding inference and agentic AI demand), Cerebras Systems (high risk-reward; the company claims 30 times the inference speed of GPUs) and TSMC (forward P/E of 18 on 2027 estimates).
- Tom Lee’s Bitmine Adds $30 Million in Ethereum as Buying Nears Its Finish Line
Bitmine bought another 12,535 ETH (about $30 million), lifting its holdings to 6,041,481 ETH, or 4.9% of supply and 99% of its 5% target. Chairman Tom Lee blamed the crypto selloff on a broad risk-off shift, including AI funding and safety worries, U.S.-Iran tensions, midterm jitters and rising bond yields, and called the dip a historically attractive risk-reward entry. Total holdings reached $15.1 billion as of Oct. 18, including 215 Bitcoin, $582 million in cash and marketable securities, and other investments. About 84% of its ETH (5,067,309 tokens) is staked via its MAVAN platform, with projected annualized revenue of roughly $309 million. The position is currently underwater on paper because much of it was bought at higher prices.
- Opinion: The Most Important Number in Taiwan Semiconductor's Earnings Report Was 68%
The author argues the most important figure in TSMC's Q3 report is 68%, the share of revenue from high-performance computing (HPC), which grew 22% from the prior quarter. Revenue reached $46.72 billion, up 41.2% year over year, net income rose 68.7%, and gross margin hit 66.4%. Processes at 7nm and below made up 79% of wafer revenue, with 3nm at 33% and 2nm at 8%. TSMC guided Q4 revenue to $52.3–54.3 billion and expects roughly 44% full-year growth in U.S. dollars. The author remains bullish, saying ongoing demand for advanced AI chips should keep profits rising.
- Why Meta's Q3 earnings could be a little hard to interpret
Meta is reporting its third-quarter earnings after the market closes Wednesday, and Yahoo Finance's Brian Sozzi says the report will be hard to interpret. Recent good news on Meta's AI products, including new models and an AI agent, may not appear directly in the results but will likely be discussed on the earnings call. The key uncertainty is how investors will react if Meta raises its capex outlook again: it could be seen as fueling those products, or as overspending on offerings not yet reflected in financials. Sozzi expects the market to give Meta the benefit of the doubt on higher capex, as long as the increase does not shock investors.
Get the briefing on Telegram or Zalo
Join the Upside Telegram channel or Zalo group for the Vietnam stocks and gold briefing at 8:00 and 19:00 (Vietnam time) on trading days, plus a weekly wrap on Saturday morning.