EXPLORATION & DEVELOPMENT

Boss orders work programs for Honeymoon return

Uranium project could be low cost producer

This article is 6 years old. Images might not display.

A preliminary assessment for a restart is to be completed by December, with drilling and various studies undertaken in the interim.

Honeymoon, which 80km northwest of Broken Hill, is a potential 3.2 million pound per annum operation with all-in sustaining costs pegged at US$23.90/lb and capital costs of $68 million - the latter a function of already established infrastructure at the previously short-lived operation.

The spot price of uranium is currently edging up towards $23/lb, with a long awaited renaissance for the sector seen as gathering some momentum as established producers such as Paladin close operations and power utilities move towards securing future supply.

Boss raised A$7-8 million in April when it issued new shares priced at 4c.

Shares in the company closed up 4% at 7.3c Friday, capitalising the company at $115 million.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

editions

MiningNews.net Research Report 2025

The MNN Research Report 2025 provides insights into critical mining themes in Australia/Oceania, including top projects, C-suite priorities, risk, ESG performance and investor sentiment.

editions

Mining Journal Intelligence: Investor Sentiment Report 2025

Exclusive insights into the plans, priorities and preferences of 130+ mining investors and top factors influencing investment decisions in 2025.

editions

Mining Journal Intelligence World Risk Report 2024 (feat. MineHutte ratings)

A detailed analysis of mining investment risks across 117 jurisdictions globally, assessed across six risk categories and an industrywide survey.

editions

Mining Company ESG Index: Benchmarking the Future of Sustainable Mining

The Mining Company ESG Index report provides an in-depth evaluation of ESG performance of 61 of the world's largest mining companies. Using a robust framework, it assesses each company across 9 meticulously weighted indicators within 6 essential pillars.