Boss Energy (ASX:BOE)

Boss Energy: Multi-mine Uranium Producer in Australia and the US


Australian uranium producer Boss Energy (ASX:BOE) has two projects – the 100 percent-owned Honeymoon uranium project in South Australia and the 30 percent-owned Alta Mesa project in the US.

The macro-environment and steps taken by the US government remain favorable for uranium producers such as Boss Energy. The US Congress recently enacted legislation prohibiting the importation of Russian uranium products known as the Prohibiting Russian Uranium Imports Act (HR 1042), valid until 2040.

Boss Energy Honeymoon ISR & IX Mine

The Honeymoon uranium project in South Australia spans approximately 80 kms northwest of Broken Hill. The project is home to the historical Honeymoon uranium mine, Australia's second operating in-situ recovery uranium mine. It began production in 2011 under the previous ownership of Uranium One. Operations at Honeymoon were halted in November 2013 due to declining uranium prices. Subsequently, Boss Energy acquired the project in 2015. The company has since restarted the mine, with the first drum of uranium produced in April 2024.

Company Highlights

  • Boss Energy is an Australia-based uranium producer focused on its two key projects – the 100 percent owned Honeymoon Uranium Project in South Australia and the 30 percent owned Alta Mesa Project in the US.
  • In June 2024 Boss became a multi-mine uranium producer through the Honeymoon and Alta Mesa Projects.
  • The Honeymoon uranium mine commenced production in April 2024, with the first sale of uranium expected in July 2024.
  • Annual production at Honeymoon is forecast to reach 2.45 Mlbs of U3O8.
  • The Alta Mesa uranium mine commenced production in June 2024, with first sale of uranium expected in October 2024.
  • Annual production at Alta Mesa is forecast to reach 1.50 Mlbs of U3O8. Once steady-state operations are established, Boss’s 30 percent share of the production amounts to 500,000 lbs per year.
  • Uranium prices have been the highest since 2008 at over US$80/lb. Prices are expected to remain strong due to the tightness of the uranium supply/demand balance. The company’s first production is timed with strong market fundamentals.
  • The company has signed two sales agreements to supply 1.8 million pounds of U3O8 to leading power utilities in Europe and the US, spanning eight years from 2024 to 2032. The company plans to pursue additional agreements as the price of uranium increases.

This Boss Energy profile is part of a paid investor education campaign.*

Click here to connect with Boss Energy (ASX:BOE) to receive an Investor Presentation

BOE:AU
The Conversation (0)
Boss Energy (ASX:BOE)

Boss Energy Limited


Keep reading...Show less

Multi-mine uranium producer in Australia and the US

enCore Energy Hosts Grand Opening of the Alta Mesa Uranium Plant with George W. Bush, the 43rd President of the United States

enCore Energy Hosts Grand Opening of the Alta Mesa Uranium Plant with George W. Bush, the 43rd President of the United States

NASDAQ:EU
TSXV:EU
www.encoreuranium.com

EnCore Energy Corp. (NASDAQ: EU) (TSXV: EU) (the " Company " or " enCore" ), a uranium producer and America's Clean Energy Company™, announced today that the Company held a grand opening celebration at its Alta Mesa In-Situ Recovery ("ISR") Uranium Central Processing Plant ("CPP") and Wellfield on Thursday, October 3 rd in South Texas . The private event, attended by 300 guests, featured a special conversation between George W. Bush, the 43 rd President of the United States and William M. Sheriff Executive Chairman of enCore Energy. Guests had the opportunity to hear about President George W. Bush's time in the White House, the challenges facing our nation in the 21st century, as well as his current work at the George W. Bush Presidential Center.

News Provided by Canada Newswire via QuoteMedia

Keep reading...Show less
Map pinpointing Uranium City near Lake Athabasca in Saskatchewan, Canada, with a red pushpin.

Guide to Uranium Mining in Canada

Uranium mining in Canada accounts for 13 percent of global output, making the Great White North the second largest producer of uranium in the world, behind only Kazakhstan.

Canada hosts 9 percent of the world’s uranium resources and is home to the biggest deposits of high-grade uranium. Their grades of up to 20 percent uranium are 100 times greater than the global average.

Canadian uranium deposits are found mainly in the provinces of Saskatchewan, Newfoundland and Labrador, and Québec, as well as the territory of Nunavut. Of these, Saskatchewan leads the country in both uranium exploration and production.

Keep reading...Show less
Snow Lake Completes Due Diligence and Confirms Placement

Snow Lake Completes Due Diligence and Confirms Placement

GTI Energy (GTR:AU) has announced Snow Lake Completes Due Diligence and Confirms Placement

Download the PDF here.

North Shore Uranium (TSXV:NSU)

North Shore Announces Non-Brokered Private Placement

North Shore Uranium Ltd. (TSXV:NSU) ("North Shore" or the "Company") is pleased to announce a non-brokered private placement offering for aggregate gross proceeds of up to $1,400,000, through the issuance of a combination of non-flow-through units (the "NFT Units") at a price of $0.05 per NFT Unit and flow-through units (the "FT Units") at a price of $0.065 per FT Unit (the "Offering"). Each NFT Unit consists of one non-flow-through common share and one-half of one share purchase warrant (each whole share purchase warrant, a "Warrant"). Each FT Unit consists of one flow-through common share and one-half of one Warrant. Each Warrant entitles the holder to purchase one non-flow through common share (each a "Warrant Share") at a price of $0.10 per Warrant Share for a period of two years from closing of the Offering.

Keep reading...Show less
U.S. flag waving in front of a neoclassical building facade.

Uranium Energy’s Sweetwater Project Fast-Tracked Under Trump Initiative

In the latest show of federal support for domestic uranium production, Uranium Energy (NYSEAMERICAN:UEC) Sweetwater uranium complex in Wyoming has been designated for expedited permitting under the Trump administration’s FAST-41 initiative.

The designation, announced August 5, places Sweetwater on the Federal Permitting Improvement Steering Council’s FAST-41 dashboard, a move that aims to accelerate environmental reviews and interagency approvals under a framework established by the 2015 Fixing America’s Surface Transportation (FAST) Act.

Keep reading...Show less
Canadian flag next to uranium ore.

5 Best-performing Canadian Uranium Stocks of 2025

The uranium market stumbled into Q2 after the spot price dipped to an 18 month low of US$63.50 per pound in March amid abundant secondary supply and cautious utility contracting.

By June, however, prices had rebounded into the US$70 range on renewed US policy support and heightened geopolitical tensions. While the spot market remains volatile, long-term prices have held steady at US$80 level.

Yet utility demand still lags. Just 25 million pounds had been contracted as of mid-year, putting 2025 on track to fall well short of the 160 million pounds booked in 2023.

Keep reading...Show less
Phone displaying Cameco logo beside glasses and keyboard.

Cameco Lifts Outlook on Nuclear Momentum, Westinghouse Boost After Strong Q2 Performance

Cameco (TSX:CCO,NYSE:CCJ) is riding a wave of renewed nuclear optimism and long-term contracting after posting robust second quarter earnings, raising its expectations for the rest of 2025.

In results released on Wednesday (July 30), the firm reported net earnings of US$234 million for the second quarter and US$285 million for the first half of 2025, both significantly above 2024 levels. Adjusted EBITDA for the quarter came in at US$491 million, with strong contributions across its uranium, fuel services and Westinghouse segments.

“Our integrated strategy that aligns our marketing, operational, and financial decisions continues to serve us well in a market that is shifting its focus toward security of supply,” said Cameco CEO Tim Gitzel.

Keep reading...Show less

Latest Press Releases

Related News

×