This post was originally published on this site.Atomic Eagle (ASX:AEU) has regained control of its Madaouela project in Niger, two years after the government revoked the mining permit of predecessor company GoviEx Uranium amid a dispute that led to international arbitration. The Mining Convention that Atomic Eagle negotiated with the Niger military government includes a revised exploration permit for Madaouela and gives the company a 60% stake in the project, with the government holding 40%, Atomic Eagle reported Monday. The government also awarded a permit to state miner Tsumco for the In Azaoua area, where French miner Orano held a...

This post was originally published on this site.A new economic study and resource update for FireFly Metals’ (ASX, TSX: FFM) Green Bay project in north-central Newfoundland positions it as one of Canada’s top undeveloped copper projects by value and capital efficiency. The preliminary economic assessment (PEA) gives Green Bay a A$2.2 billion (C$2.1 billion) net present value – discounted at 7% in a base case – as well as an internal rate of return (IRR) of 42% and at initial costs of A$513 million, FireFly reported Tuesday.  Green Bay could produce 1.8 million tonnes per year over a 32-year life....