Aura Energy reports a significant boost in uranium reserves at its Tiris project, aiming for production by 2027.

Aura Energy reported a 49% increase in uranium reserves at its Tiris project in Mauritania, now totaling 33.6 million pounds. The company aims for production in 2027 with a feasibility study underway and estimated capex of $230 million. Aura is exploring a potential 37% increase in production, which could raise the project's net present value by 9%. A final investment decision is anticipated in Q1 2025.

4 months ago
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