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Bullboard - Stock Discussion Forum District Metals Corp V.DMX

Alternate Symbol(s):  DMXCF

District Metals Corp. is a polymetallic exploration and development company focused on the Viken and Tomtebo Properties in Sweden. The Company’s projects include Viken, Tomtebo-Stollberg, Gruvberget, Svardsjo, Alum Shale Properties, Ardnasvarre, Sagtjarn, Nianfors and Bakar. The Viken Property totals 37,211 hectares (ha) where the Viken nr one mineral license covers the majority of the... see more

TSXV:DMX - Post Discussion

District Metals Corp > DMX - Future uranium mines in Sweden
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Post by GoldPathfinder on Feb 23, 2024 8:53am

DMX - Future uranium mines in Sweden

Translated from swedish Jordanfonden.se

 "The government is now preparing to lift the uranium ban, companies like DMX.V suddenly in the spotlight 2024-02-23 14:05 No one could miss the TT headline today: "Now the government opens Swedish uranium mining" Sweden sits on one of Europe's richest uranium resources and, moreover, it is low-grade, which means that mining can take place without significant risk to either personnel or the environment. The EU and NATO have interests in this quickly being put in place in the situation Sweden and the world now find themselves in. Rapid investigation added, to be completed May 15. Extremely sharp "footwork" to deal with politicians. Sweden has large deposits along the mountain chain, where JF perceived that the south stersund are the most interesting. Companies such as DISTRICT METALS (DMX.V) are prepared to start investigations immediately. Not only uranium is found here, but also rare earth metals, vanadium, molybdenum and other metals important for high-tech electricity production. If electricity is to be invested in before other forms of energy, it is important to quickly arrange self-supply of the metals that are required - and of which we have plenty."
Comment by GoldPathfinder on Mar 04, 2024 4:41am
Media attention in Sweden for lifting the ban of Uranium. https://www.svt.se/nyheter/inrikes/uranpriset-stiger-till-rekordnivaer-kan-oppna-for-svenska-gruvor translation: “Uranium price rises to record levels - may open for Swedish mines UPDATED MARCH 2, 2024PUBLISHED MARCH 2, 2024 The price of uranium has risen to record levels in the past year. Now the government wants to allow uranium mining ...more  
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