Highland Gold Mining Ltd (HGM.L) is a well-established gold producer with a world-class asset base of producing, development and exploration projects located primarily in the Russian Federation. Highland’s vision is to rank among the most profitable gold miners in the region, with a firm commitment towards safety, health and the environment, and social responsibility towards employees and communities.
Aura Energy is an Australian-based mineral company with major uranium and polymetallic projects in Africa and Europe.
The Company is focused on developing a uranium mine at the Tiris Uranium Project, a major greenfield uranium discovery in Mauritania. The 2024 FEED Study and Production Target Update demonstrates Tiris to be a near-term low-cost uranium mine producing 2Mlbspa U3O8 over a 25-year mine life with excellent economics and optionality to expand and to accommodate future exploration success.
Aura plans to transition from a uranium explorer to a uranium producer to capitalise on the rapidly growing demand for nuclear power as the world shifts towards a decarbonised energy sector.
Beyond the Tiris Project, Aura owns 100% of the Häggån Project in Sweden. Häggån contains a global-scale 2.0Bt vanadium, sulphate of potash (SOP) and uranium resource. Utilising only 3% of the resource, a 2023 Scoping Study outlined a 17-year mine life based on a 3.6Mtpa production rate.