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Peninsula’s Lance restart shows stronger grades despite a costly production setback
5:41pm on Monday 12th of October, 2026 AEDT
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Mining
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Peninsula’s Lance restart shows stronger grades despite a costly production setback
5:41pm on Monday 12th of October, 2026 AEDT
Key Points
US$77.1 million FY2026 loss after impairment and inventory write-downs
Only 25,331 pounds of uranium captured on resin
CY2026 production guidance withdrawn after wellfield ramp-up delays
US$30 million Soul Patts convertible note drawn after year-end
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