Mining Stock Daily

Morning Briefing: The Viken Deposit Becomes 2nd Largest Uranium Deposit in the World

Apr 29, 2025
The Viken Energy Metals Deposit in Sweden has emerged as the world's second-largest uranium deposit, shaking up the mining sector. District Metals unveiled impressive mineral resource estimates, while Sierra Madre Gold and Silver is back in action with mining at the Coloso mine. Notable drilling results are rolling in from Meridian Mining and AbraSilver, highlighting the discovery of high-grade gold zones. The podcast delves into the latest trends and updates, offering insights into investment opportunities in the vibrant mining landscape.
Ask episode
AI Snips
Chapters
Transcript
Episode notes
INSIGHT

Viken Deposit's Global Ranking

  • The Viken Energy Metals Deposit in Sweden is now the second largest uranium deposit in the world.
  • It contains significant amounts of other metals like vanadium, molybdenum, copper, nickel, zinc, and rare earths.
ADVICE

Watch Sweden's Uranium Mining Decision

  • District Metals will decide on progressing with a preliminary economic assessment in Q4.
  • This decision depends on Sweden's government's proposal to lift the ban on uranium mining.
INSIGHT

Meridian Mining's High-Grade Gold Vein

  • Meridian Mining drilled a very high-grade gold vein with 276 g/t gold over 0.5 meters.
  • The results show potential extensions and shallow mineralization above mined voids needing further drilling.
Get the Snipd Podcast app to discover more snips from this episode
Get the app