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Aura Energy Ltd - London-based minerals company that holds projects in Mauritania and Sweden - In the first quarter of 2023, says its enhanced definitive feasibility study confirms robust financial returns based on a 150% increase in annual production and near-term production potential of the Tiris uranium project in Mauritania. Substantially improved EFS based on a 52% increase in measured and indicated resources at Tiris. Says it continues to progress with the export permit for the uranium, with the final transport and shipping protocols in the final stages of preparation to allow the permit to be submitted during the next quarter. Say it continues to support the Swedish government’s strategy to rescind the present ban on uranium mining and continues to progress with the work for the delivery of the exploitation permit for the Haggan project that supports the independence of Sweden’s future energy supply. Says it is still adequately funded for key programs aimed at supporting a final investment decision in the fourth quarter of 2023. Current stock price: 12.10 pence, down 5.1% 12-month change: down 14% Copyright 2023 Alliance News Ltd. All Rights Reserved.
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