Prominence Energy Uranium Project Shows Promise
Company Announcements

Prominence Energy Uranium Project Shows Promise

Prominence Energy Limited (AU:PRM) has released an update.

Prominence Energy Limited (ASX: PRM) has reported promising initial sampling results from the Djideli site in Kazakhstan, with surface samples showing uranium concentrations as high as 5,269ppm. These results, particularly from low-grade ore dumps, suggest potential for the site’s rehabilitation project, which involves decontaminating and selling uranium. PRM, with a 20% stake in the project’s operating company Umine LLP, views this as a strategic move towards high-impact, carbon-friendly initiatives.

For further insights into AU:PRM stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Australian Auto-Generated NewsdeskHartshead Resources Takes Significant Stake in Prominence Energy
TipRanks Australian Auto-Generated NewsdeskProminence Energy Welcomes New Director
TipRanks Australian Auto-Generated NewsdeskProminence Energy Expands Share Listings
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App