NexGen starts $1.6B uranium build to rival top mines
Creator: Cecilia Jamasmie |
Date: 2026-08-14 11:55:00
This text was initially printed by MINING.COM. The title and a quick excerpt are supplied for informational and reference functions. Readers ought to go to the unique writer for the whole article, supporting context, photographs, and any subsequent updates.
NexGen Vitality (TSX, NYSE: NXE; ASX: NXG) has began development of its C$2.2-billion ($1.6-billion) Rook I uranium challenge in Saskatchewan, advancing what might grow to be one of many world’s largest new sources of uranium.
The underground mine and mill are anticipated to take about 4 years to construct and are designed to ultimately produce about 30 million lb. of uranium yearly. By comparability, Cameco’s McArthur River-Key Lake operations are licensed…
The unique publication incorporates the whole reporting and must be consulted for the total textual content and any extra data.
