The Dasa Uranium Project scheduled to begin production in 2026 is the highest-grade uranium project in Africa; the Turkish Zinc JV provides positive cash flow.
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We received a Letter of Intent from a second major western utility to procure #uranium from Dasa. This continues our strategy of establishing sales contracts with Tier 1 global utilities at volumes sufficient to underwrite our debt financing. globalatomiccorp.com/investo… $GLO $GLATF
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$GLO $GLATF has received a Letter of Intent from a major North American utility to procure 2.1 Mlb #uranium from 2025 to 2030, approximately 7% of Dasa’s production over the 6-year period...subject to the successful conclusion of a purchase-sale contract. globalatomiccorp.com/investo…
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Global Atomic has signed its third off-take agreement for the sale of uranium from its Dasa Mine, bringing total contracted volume to date close to 1.5 million pounds of #uranium per annum over Dasa’s initial five years of operation. ⚛️ $GLO $GLATF globalatomiccorp.com/investo…
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The Appeals Court in Tahoua, Niger, overturned and annulled all issues raised against the Company’s Niger subsidiary, SOMIDA S.A. As the Dasa #Uranium Project is of major importance to Niger, the hearing resulted in an expedited ruling. $GLO $GLATF
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Please watch this video for President and CEO of Global Atomic, Stephen Roman, in regard to the announced one-month delay of bank financing for the Dasa #Uranium Project.
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Dasa drilling update: A further 10 holes of ~6,000 metres indicate that the mining zones 2a, 2b and 3 now represent a contiguous ore body approximately three times larger than initially defined. $GLO $GLATF globalatomiccorp.com/investo…
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On May 3rd, Niger’s Mines Minister visited Dasa & stated: “Dasa is a reality everyone can see. We are supportive of the SOMIDA team and Global Atomic. This project is very important for us ... We want Dasa to be the start of new Niger mining practice...” globalatomiccorp.com/investo…
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The development bank has confirmed it is moving forward with approval of a debt facility in Q1'25. In parallel, Global Atomic has progressed JV negotiations & anticipates receipt of a Definitive Agreement in Q1'25 for an amount sufficient to complete Dasa. globalatomiccorp.com/investo…
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The 2024 Feasibility Study has extended the Dasa Mine Life from 12 to 23 years, Mineral Reserves have increased by 50% to 73 million pounds U3O8, and #uranium production from Dasa has increased by 55% to 68.1 million pounds. $GLO $GLATF globalatomiccorp.com/investo…
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Drilling to date at the Dasa #Uranium Project has exceeded expectations. Results will be applied later this year to the Phase 1 Mine Plan and are expected to reduce underground development, lower expenses and extend the life of the Mine Plan. $GLO $GLATF globalatomiccorp.com/news/
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Niger’s #uranium sector, including Dasa, are unaffected by suspension of new gold mining permits. $GLO $GLATF also confirms exploration permit renewals for AE4 & AE3, where Dasa operates, and has accelerated expiry of the warrants issued in December 2023. globalatomiccorp.com/investo…
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The event in the Niger earlier today is not impacting the advancement of the Dasa Project. We have been in touch with our teams both in the capital and at the Dasa Project site, who report that all is calm and it is business as usual. $GLO $GLATF globalatomiccorp.com/investo…
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Global Atomic provides Q3 2023 results and corporate update including that the U.S. Government has expressed support for the project financing to proceed and both development banks have been authorized to re-engage with the Company and finalize funding. globalatomiccorp.com/investo…
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$GLO $GLATF has received Letters of Intent from a syndicate of North American financial institutions to finance the Dasa #Uranium Project in Niger. The syndicate includes Export Development Canada which was previously announced. globalatomiccorp.com/investo…
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A great finish to 2020… the Government of #Niger 🇳🇪 today granted our Mining Permit for the Dasa Project! An earlier than expected outcome from our September application. A huge step closer to become a major low-cost #uranium producer. $GLO $GLATF ⚛️ globalatomiccorp.com/news/
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In a letter issued by the Government of Niger on August 15th, President Tiani & the Council of Ministers confirmed their support for Global Atomic and the Dasa Project. The letter highlights that Global Atomic has always complied with Niger’s regulations. globalatomiccorp.com/investo…
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The U.S. development bank engaged with Global Atomic in regard to a debt facility to fund 60% of Dasa’s development has confirmed that it intends to conclude its approval process, including Committee and Board level approvals, by early Q1 2025.
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While the situation in Niger remains volatile and there has been protesting in some parts of the capital, the rest of the country remains calm. Importantly, our people remain safe and normal business is being conducted at our offices and development of the Dasa Project continues.
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Global Atomic filed its 2024 Feasibility Study (“FS”) confirming Dasa has a mine plan of 23.75 years (2026-2049), a 50% reserve increase to 73Mlb and a 55% production increase to 68.1Mlb. Using a $75/lb #uranium price, the FS shows a US$917M NPV8, a 57% IRR & a 2.2 year payback.
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ALT Opening Blast Ceremony at the Dasa Uranium Project in the Republic of Niger, November 5, 2022
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Project financing is advancing with a Canadian export credit agency & a U.S. development bank who are continuing their review and document finalization for credit committee approval in April 2024, final Board approval in June and documentation thereafter. globalatomiccorp.com/investo…
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Global Atomic anticipates final approval of its US$250 million debt financing, led by a U.S. development bank, in Q3 2024 as it continues to advance Dasa, progress financing options and positively engage with Niger’s Mines Minister.
#uranium globalatomiccorp.com/investo…
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Global Atomic’s Dasa Drill Program Achieves 15,000-Metre Target, Successful Results Prompt Decision to Extend Program. Stephen Roman: “The Dasa deposit continues to impress as we better define the extent of this truly amazing orebody” $GLO $GLATF #uranium globalatomiccorp.com/investo…
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Global Atomic today published and filed the 462-page recently announced NI 43-101 compliant, Phase 1 Dasa Project Feasibility Study, which confirms that the Project is economically compelling, even at a price of US$35/lb. globalatomiccorp.com/news/ #mining⛏️ #uranium⚛️ $GLO $GLATF
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While it is still too early to speculate on the outcome to this unexpected event, the Dasa Project remains fully engaged in opening up access to the ore body and preparing the plant site for construction. #uranium $GLO $GLATF globalatomiccorp.com/investo…
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Update: the US State Dept. officially designated a “Coup d’Etat” in Niger in July, putting a temporary hold on US Development Bank financing pending visibility of a return to democratic elections. Dasa remains unimpaired and enjoys full government support.
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Global Atomic today reported the formalization of its 3rd off-take agreement with US utilities, timelines for the updated Phase 1 Feasibility Study, 500 days operating the Dasa Mine without an LTI and the promotion of Emre Toprak to VP Finance. $GLO $GLATF globalatomiccorp.com/investo…
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Global Atomic today announces Q1 2024 results. Over 1,000 meters of mine development is extending the ramp and developing drifts along the footwall of the deposit to access the planned stopes. Project financing continues to move forward. #uranium #mining
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$GLO is in financial transaction discussions which could eliminate the need for a near term equity financing, allowing the Bank and potential JV partner sufficient time to complete their approval processes and commit funds for the completion of Dasa. globalatomiccorp.com/investo…
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Global Atomic provides Dasa #Uranium Project update on financing, plant construction, mining and the mine plan as well as comments on the uranium market. globalatomiccorp.com/investo…
New photos have been posted to the Company’s website under ‘Operations/Uranium/Photos and Videos’.
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See new photos, including this of the excavated box cut, where this fall the portal will be collared & underground development will begin for the Dasa #Uranium Mine. globalatomiccorp.com/Operati…
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During Q2 2023, we took significant strides to advance the Dasa Project towards production. Positive developments today include the appointment of a new civilian-military coalition cabinet and all the new Ministers who will run the Government. $GLO $GLATF globalatomiccorp.com/investo…
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Dasa #Uranium Project update. Internal review of FS provides opportunity to reduce costs prior to presenting the FS to a shortlist of project finance banks. Plans are on schedule to break ground and collar the Mine Portal in early 2022. $GLO $GLATF. globalatomiccorp.com/news/
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Q2 Results: Global Atomic continues to make significant progress at the Dasa #Uranium Project and has the full support of the Niger government. Although the development bank postponed their July approval, this project will get funded and will get built. globalatomiccorp.com/investo…
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The Company has been advised by senior management at the Bank that they are targeting credit committee review of the loan by the end of April and that the Dasa Project aligns with US foreign policy and investment goals. globalatomiccorp.com/investo…
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Update: #zinc recycling has restarted / all assays from Dasa’s 16km drill program completed, MRE to follow / 200m of underground development completed / engineering progresses w/ earthworks to begin in Q2 / long-lead items to be ordered in March #uranium globalatomiccorp.com/investo…
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Global Atomic had an excellent second quarter. We advanced several key initiatives for the Dasa #Uranium Project and our Turkish JV #Zinc operation had a strong operating performance and made its final payment on the 2019 expansion loan. $GLO $GLATF
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The finalization of the European off-take contract is a positive sign amid the geopolitical challenges in Niger and demonstrates the European utility’s confidence in our ability to finance and develop Dasa to begin yellowcake deliveries in 2026.
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The results of the drill program were successful in significantly increasing Dasa’s Indicated Resources, much of which is expected to be upgraded to a Mineable Reserve when included in the planned revision to Dasa’s Mine Plan... #uranium $GLO $GLATF
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Uraniumletter International: $GLO $GLATF April 2022 update: “Being highly successful with bringing the Dasa Project on the road to production status by the end of 2024, at one of the lowest all-in sustaining cost of $ 21.93 per pound U3O8” globalatomiccorp.com/investo…
#uranium #zinc
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There has been an increased pace of work at the U.S. development bank with a focus on document preparation to support a credit committee review to fund Dasa. We are encouraged by the bank’s level of engagement and look forward to a successful outcome. globalatomiccorp.com/investo…
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The Dasa #Uranium Project update with photos. …have broken ground almost two months ahead of schedule. The team is growing and fully engaged at site. More news flow to come over the next quarter. $GLO $GLATF globalatomiccorp.com/news/
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As promised, a dozen or so new 📸 of $GLO $GLATF early activity at the Dasa #Uranium Project have been posted to our website. More photos to come as the excavation ⛏️ of the box cut progresses. Scroll down on this page of our website. globalatomiccorp.com/dasa-ur…
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Global Atomic provides update and outlook for 2023. Dasa is the highest-grade uranium deposit under development in Africa and expected to be in the lowest cost quartile among global #uranium mines with significant growth potential. $GLO $GLATF globalatomiccorp.com/investo…
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The outlook for $GLO / $GLATF continues to improve and we continue to make excellent progress. Dasa remains on schedule to produce Yellowcake at the beginning of 2025, and make a meaningful contribution to world #uranium supply. 2021 results posted: globalatomiccorp.com/investo…
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Probe results on final holes of Dasa’s 16,000-meter drill program were excellent. Interim chemical assays of initial 58% of core samples returned values averaging 10% above the probe equivalent #uranium. globalatomiccorp.com/investo… $GLO $GLATF
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Global Atomic made significant progress at the Dasa Uranium Project in 2024. Key milestones include strategic meetings with Government, advancing construction efforts and preparing for commissioning in 2026 with over 500 staff driving the project forward. piped.video/watch?v=ITl8r104…
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$GLO included in TSX30: While recent share price performance has reflected the uncertainty about the outcome of political issues in Niger, the fundamentals of the Dasa Project are solid and continue to improve as we advance our production milestones.
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If you missed it, @AtomicCorp's Feasibility Study for its Dasa #Uranium Project out today. Even with significant pandemic-induced cost increases, projected after-tax IRRs are 22.7% @ $35/lb; 30.6% @ $40/lb; 44.6% @ $50/lb; 57.2% @ $60/lb. $GLO $GLATF globalatomiccorp.com/news/
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$GLO $GLATF selects Enernet Global to build, own and operate a hybrid power plant 🔌for the Dasa #Uranium ⚛️Project⛏️. The system will provide approximately 35% of power requirements from renewables, making Dasa one of the greenest operations in Africa🇳🇪.
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At your prompting we accelerated this update to our slide deck. See globalatomiccorp.com/investo… At a #uranium price of $100/lb, Dasa's Phase 1 would yield after tax an NPV8 of $1.521B and a 99.6% IRR. $GLO $GLATF
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The U.S. Government demonstrated its commitment to Niger and the region with a US$504 million grant to upgrade the surface transport infrastructure, including the port and road networks, between the Port of Cotonou in Benin and Niger. #uranium $GLO $GLATF cips.org/supply-management/n…
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Q1 2025: Earthworks and civil works at the Dasa #Uranium Project are advancing and process plant components continue to arrive on site. The Turkish JV is expected to perform strongly in 2025 as activity at area steel mills has returned to pre-Covid levels. globalatomiccorp.com/investo…
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$GLO $GLATF announced results for 2022, making significant strides in advancing the Dasa #Uranium Project. ⚛️🇳🇪 We are on schedule to produce yellowcake in 2025 and are advancing the Project on all fronts. ⛏️👍globalatomiccorp.com/investo…
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Following the earthquake in Türkiye, employees at our zinc JV are unharmed. We extend sympathies & condolences to all those affected. The plant appears to have received only minor damage due to being re-built in 2019 with preventive engineering methods. globalatomiccorp.com/investo…
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Global Atomic has launched a new website! Still at globalatomiccorp.com, we introduced new features including the current uranium spot price from Numerco, an ESG section & specific pages for photos and videos to highlight our progress at the Dasa Project. $GLO $GLATF
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$GLO/$GLATF provides news on recent activities at the Company & its Dasa Project. Management is confident that its funding initiatives will continue to progress & reiterates its belief that by the end of Q1’25 further clarity can be shared with the market.
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$GLO $GLATF Q1'21 Highlights: Dasa Project fully permitted, Pilot Plant tests surpassed expectations and #uranium marketing strategy initiated with Fuel Link. The #zinc business had a record quarter for both EAFD processed and zinc in concentrate shipped. globalatomiccorp.com/news/
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With infrastructure that has supported #uranium mining for over 50 years, an experienced mining work force and the highest-grade uranium deposit in Africa, Global Atomic remains committed to the development Dasa and the ensuing benefits to our shareholders and the people of Niger
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Global Atomic Announces 2023 Results and Publishes Dasa Uranium Project Feasibility Study. Dasa #Uranium Project remains on schedule to produce yellowcake in Q1 2026. $GLO $GLATF
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As some older options for several of our executives are about to expire, these options were exercised today to capture their investment value. A portion of the resulting shares were sold to cover costs and taxes, but most are being held for their long-term investment opportunity.
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$GLO $GLATF updates Dasa #Uranium Project, drilling programs & Turkish #Zinc JV numbers for 2021. “All aspects of the Dasa Project are going well and activity at site is accelerating at a remarkable pace.” ⚛️ News: globalatomiccorp.com/investo… Dasa video: piped.video/B9Y9pdxOfqo 💥
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Bank financing is progressing well with the terms approval process nearing completion. To address any further funding needs we are also currently discussing potential offtake agreements with pre-payments and evaluating other alternatives to equity.
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$GLO $GLATF has announced successful completion of its Pilot Plant demonstrating the viability of the #uranium recovery process as per the May 2020 PEA for the Dasa Project in #Niger. Dasa is fully permitted & our Feasibility Study is on track for Q3. ⚛️ globalatomiccorp.com/news/
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Global Atomic Closes Public Offering for Gross Proceeds of C$40.25M. The intended use of the net proceeds are primarily for the development of the Dasa #Uranium Project located in the Republic of Niger. globalatomiccorp.com/investo…
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On Nov 05, 2022, Global Atomic held the Opening Blast Ceremony at Dasa, marking the start of underground development of this #uranium mine, a significant milestone towards yellowcake delivery in early 2025.
globalatomiccorp.com/investo… $GLO $GLATF
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SOMIDA celebrated a major milestone on May 6, 2025, having worked safely for 1,000 days without incurring a loss-time incident (LTI), a testament to management’s dedication to create a safe work environment and the team’s success in implementing effective safety measures.
ALT SOMIDA's Dasa Mine celebrates 1,000 days LTI-free on May 6, 2025.
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$GLO $GLATF update on Niger... Following the recent resignation of the President in Niger, the Dasa Project remains unaffected other than the borders and airport have been temporarily closed which will interrupt our supply lines in the short term. #uranium globalatomiccorp.com/investo…
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Until a financing commitment is signed, the Company will manage its spending and have additional time to finalize terms with an option best suited to the Company and its shareholders, without coming back to the equity market in the near term.
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$GLO $GLATF Q1 2022: Dasa #Uranium Project on schedule for development and financing. CEO Stephen Roman “This year promises to be one of the most exciting in Global Atomic’s history as we expect to significantly advance the fully permitted Dasa Project.”
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Global Atomic is a unique #uranium investment opportunity. The Company’s Dasa Project is fully permitted and in the final stages of obtaining approval for the major component of its construction financing. See Q3 2024 results: globalatomiccorp.com/investo…
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Global Atomic has entered into an ATM equity distribution agreement allowing it to issue up to $50M of shares providing the Company with another funding tool to potentially contribute to funding Dasa, along with several other options under consideration. globalatomiccorp.com/investo…
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While in Niger in November the Company’s executive team held three successful meetings with a Niger Government Committee consisting of representatives from all ministries. Progress was made on all fronts to facilitate ongoing operations at the Dasa Mine.
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$GLO $GLATF signs #Uranium marketing agreement with Fuel Link Limited, bringing 23 years of uranium marketing experience. As the fully-permitted Dasa Project is developed, Fuel Link will introduce @AtomicCorp to nuclear power utilities around the world. globalatomiccorp.com/news/
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As alternatives to financing the project the Company is also involved with a potential JV partner. Two additional parties have recently expressed interest to invest at the project level and another has expressed interest in an offtake financing. globalatomiccorp.com/investo…
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A new video from Dasa, featuring quarterly progress in mining, building foundations for the processing plant and on community relations. This is what Global Atomic has accomplished while managing costs in advance of securing primary financing for Dasa. globalatomiccorp.com/Operati…
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Global Atomic incorporates its Niger mining subsidiary (“SOMIDA”) under which the Dasa #Uranium Project will operate. The Government’s commitment to Dasa reflects their confidence in the quality of the deposit and longevity of the mine. $GLO $GLATF globalatomiccorp.com/investo…
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$GLO announced a C$30M private placement for up to 37.5M units @ C$0.80/unit. Net proceeds are intended to advance the Dasa Project. The Company remains confident that it will have positive news in Q1’25 regarding either a bank financing or a JV agreement. globalatomiccorp.com/investo…
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Dec 4/23 Niger Express – US Ambassador Fitzgibbon meets with Niger’s Minister of Foreign Affairs Bakary Yaou Sangaré: US confirms recognition of new government, Niger confirms it will transition to civilian rule, both agree to military cooperation. nigerexpress.info/2023/12/04…
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According to today's Markets Insider #uranium spot price has hit $35.65/lb U3O8.⚛️
markets.businessinsider.com/…
Good news as using a 12-year average price of $35/lb, our 2020 PEA indicates an IRR of 26.6% for Phase 1 of the long-life Dasa Project. #mining ⛏️
$GLO $GLATF
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Dasa update including: mining & support team in place; decline ramp nearing top of ore body; detailed engineering almost complete; long-lead items ordered; plant earthworks have begun; camp expansion for construction crew on order. #uranium $GLO $GLATF globalatomiccorp.com/investo…
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Further to Global Atomic’s news release dated Feb.14, 2023 an appeal of the orders granted last week against SOMIDA S.A. was heard today in the Appeals Court in Tahoua, Niger. It is anticipated that the court will issue its decision shortly. $GLO $GLATF
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Stephen Roman on CRUX re the Dasa #Uranium Project “A once-in-a-lifetime discovery…. What we want to do for ourselves and for all our shareholders is to prove it up, and put it into production and be a significant producer in the world.” $GLO $GLATF piped.video/watch?v=3m3AeHK9…
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While in Niger the Company’s executive team and Managing Director for Niger had key meetings with Prime Minister Zeine, Mines Minister Abarchi and U.S. Ambassador, Kathleen FitzGibbon, all of whom positively supported Global Atomic and the Dasa Project. globalatomiccorp.com/investo…
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Q3’21 results: Highlighting significant progress at Dasa, with excavation to begin in January and Feasibility Study to be released in November. Expecting Turkish Zinc JV to fully repay its modernization loan by end of year. #uranium #zinc $GLO $GLATF globalatomiccorp.com/news/
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While completing its Feasibility Study @AtomicCorp is gearing up to break ground in Q1 2022. CMAC-Thyssen will do the initial mine development, prepare stopes & train @AtomicCorp’s own workforce in Canadian safety & operational standards to mine #uranium. globalatomiccorp.com/news/
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We agree and will do that when we have more to show. We begin excavating the box cut this Thursday and will start to collar the portal in April. We did release some new photos in December… globalatomiccorp.com/news/gl… Thank you for your continued interest and support.
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Global Atomic today completed its “bought deal” prospectus offering for gross proceeds of C$56M. $GLO intends to use the net proceeds to fund a portion of the capital required to advance the Dasa #Uranium Project & for general working capital purposes. globalatomiccorp.com/investo…
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Global Atomic announces fully subscribed $15M $2.50 unit pp. Units include ½ warrant exercisable @ $3.00 for 12 months subject to accelerated expiry. The Private placement will facilitate the re-start of operations at the Dasa Project. globalatomiccorp.com/investo…
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Niger announced its intention to terminate military cooperation with the US. In this fluid situation the Company continues discussions with project lenders and is pursuing other strategies to fund its high-grade #uranium Dasa Project. newswire.ca/news-releases/gl…
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Dasa #Uranium Project: New video and photos highlight surface infrastructure progress and completed box cut in preparation for collaring the portal and underground development to begin this fall. $GLO $GLATF globalatomiccorp.com/Operati…
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Global Atomic’s joint venture zinc production plant in Türkiye is expected to resume operations in early March. The plant sustained only minimal damage on Feb. 6, 2023, and following a thorough assessment has been declared operational. #zinc $GLO $GLATF
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Global Atomic announced a private placement for up to C$30M to advance the Dasa Project and working capital. The Company continues to work on several financing solutions and remains very upbeat about securing a financial commitment soon. globalatomiccorp.com/investo…
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Global Atomic announced a C$25M public offering for 20.8M Units @ C$1.20/unit, consisting of a common share and a purchase warrant exercisable @ C$1.50/warrant for up to 3 years. The net proceeds are primarily intended for development of the Dasa Project. globalatomiccorp.com/investo…
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Global Atomic closes Cdn $15M private placement. Operations re-start coincides with UN, USA and German recognition of current Niger government, Ecowas working group engagement on elections and sanctions relief. globalatomiccorp.com/investo…
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Amid higher #uranium and #zinc prices, Stephen Roman comments that we are entering a new era of clean, sustainable electric energy and improving uranium market fundamentals with many nations adopting the benefits of baseload nuclear power. $GLO $GLATF globalatomiccorp.com/news/
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As previously posted by SOMIDA in Niger, as a testament to commitment to safety and teamwork the DASA Mine has achieved 500 days without a Lost Time Injury, underlining the Mine's unwavering dedication to creating and implementing a safe work environment.
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14 years late, but Finland has begun production at Europe’s largest nuclear reactor, boosting the region’s energy independence. Olkiluoto-3, the first new atomic reactor in the Nordic countries since the mid-1980s, is expected to supply ~30% of Finland’s electricity. #uranium
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Export Development Canada’s Letter of Interest has indicated a potential participation of up to US$75 million to form the cornerstone of the Dasa Project financing, which is expected to be completed in Q4 2022. $GLO $GLATF globalatomiccorp.com/investo…
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