7 stories mentioning ASX:NXG
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NexGen Energy (ASX:NXG) appointed Ryan Podrasky as chief financial officer, effective May 25, according to a Thursday Australian bourse filing.Podrasky is set to succeed Benjamin Salter, who will continue to support the company in an advisory capacity to ensure a smooth transition, the filing said.Podrasky most recently held the position of CFO at Elk Valley Resources, the filing added.
NexGen Energy (ASX:NXG) said assays highlighted the expansion and continuity of the high-grade subdomain at its Patterson Corridor East (PCE) discovery in Canada, according to a Friday Australian bourse filing.It encountered intercepts of 13 meters at 5.2% grade of triuranium octoxide, including 0.5 meters at 30.2% grade of triuranium octoxide, at 400 meters below surface, as well as 10 meters at 3.95% grade of triuranium octoxide, including 0.5 meters at 33.3% grade of triuranium octoxide, at 670 meters.Around 29,241.8 meters of the planned 42,000 meters of exploration drilling is scheduled to resume the week of May 25.Its shares fell 2% in recent trading on Friday.
Shares of Australia-listed uranium producers rose in recent Thursday trade as the New South Wales Uranium Bill was passed into law on Monday, according to a Thursday statement by the Minerals Council of Australia.Shares of Deep Yellow (ASX:DYL) rose 5%, while Paladin Energy (ASX:PDN) gained 7% and Nexgen Energy (ASX:NXG) added 6%.The new legislation removes the NSW prohibitions on uranium mining and nuclear energy, according to the statement.
Australian shares rallied on Wednesday as banks' shares gained after the rate hike by the Reserve Bank of Australia, and US President Donald Trump cited "great progress" towards a peace deal with Iran.The S&P/ASX 200 Index rose 1.3%, or 113.10 points, to close at 8,793.60.Brent crude oil futures fell below $108 per barrel. President Trump said that a US naval operation to guide ships through the Strait of Hormuz would be paused to secure a peace deal with Iran to end the conflict.On the domestic front, Australia's industry activity remained in contraction in April, as persistent weakness in manufacturing and construction and rising fuel-driven cost pressures outweighed early signs of stabilization in orders and employment, the Australian Industry Group said.The Australian Industry Index rose by 9.8 points in April but remained firmly in contraction at negative 24.4. The Australian Performance of Manufacturing Index rose by 0.7 to negative 27.9, while the Australian Performance of Construction Index jumped 37.8 to negative 19.3.In company news, DigiCo Infrastructure REIT (ASX:DGT) agreed to sell its Chicago facility for $750 million to a third-party North American fund manager. The sale, expected to reach financial close in the first quarter of fiscal year 2027, is anticipated to release net cash proceeds of AU$360 million post repayment of asset-level debt and increase available liquidity to AU$900 million. Its shares gained 23% at market close.DPM Metals (ASX:DPM) reported first-quarter adjusted earnings of $0.76 per basic share, up from $0.32 a year earlier. Revenue for the three months ended March 31 was $310.4 million, compared with $144.1 million a year earlier. Its shares closed down 2%.Lastly, NexGen Energy (ASX:NXG) reported on Wednesday a first-quarter loss of CA$0.24 per share, compared with CA$0.09 a year earlier. The company said it does not have any revenue except for interest income. Its shares fell 3% on market close.
NexGen Energy (ASX:NXG) reported on Wednesday a first-quarter loss of CA$0.24 per share, compared with CA$0.09 a year earlier.The company said it does not have any revenue except for interest income.The company's shares fell 3% in recent Wednesday trade.
Here are the 10 ASX-listed companies with the biggest losses on Monday.Wisetech (ASX:WTC): -3%, AU$42.79NexGen Energy (ASX:NXG): -3%, AU$17.26Telix Pharmaceuticals (ASX:TLX): -2%, AU$14.47Cochlear (ASX:COH): -2%, AU$94.76Paladin Energy (ASX:PDN): -2%, AU$12.28Origin Energy (ASX:ORG): -2%, AU$12.44EVT (ASX:EVT): -2%, AU$12.44Tuas (ASX:TUA): -2%, AU$5.97Ramsay Health Care (ASX:RHC): -2%, AU$39.15Southern Cross Gold (ASX:SX2): -2%, AU$11.07
NexGen Energy (ASX:NXG) expanded the high-grade uranium subdomain within the mineralized zone at Patterson Corridor East in Canada following its winter drill program, according to a Thursday filing with the Australian bourse.The subdomain has grown to 550 meters in vertical extent and strike length of 210 meters, with hole RK-26-280c1 returning cumulative 4.2 meters of over 10,000 counts per second, including 0.6 meters of over 61,000 counts per second at 834 meters below surface, the filing said.Summer drilling covering about 29,200 meters will start in May, per the filing.