financetom
Business
financetom
/
Business
/
Anfield Energy Receives Utah Approval for Velvet-Wood Uranium Mine Construction
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Anfield Energy Receives Utah Approval for Velvet-Wood Uranium Mine Construction
Oct 7, 2025 6:33 AM

08:58 AM EDT, 10/07/2025 (MT Newswires) -- Anfield Energy ( AEC ) said it received approval from the Utah Department of Oil, Gas and Mining to begin construction at its Velvet-Wood uranium project in Utah.

The company said the federal Department of the Interior had already cleared the project's environmental permit.

Anfield said it plans to start site mobilization immediately and expects to break ground within 30 days.

Near-term steps include reopening the mine portal, dewatering, building surface facilities, conducting underground inspections, and constructing a new incline into the mine, the company said.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Analysis-US-Australia rare earths deal is a start but won't shake China dominance any time soon
Analysis-US-Australia rare earths deal is a start but won't shake China dominance any time soon
Oct 21, 2025
SYDNEY (Reuters) -Donald Trump's backing of Australia's critical minerals will bring much-needed financial support to the industry, but experts say the U.S. president will have to wait longer to shift the supply chain away from China and weaken its market dominance. In a wide-ranging agreement signed on Monday, U.S. and Australia committed a combined $3 billion to mining and processing...
Nvidia Insider Sold Shares Worth $41,058,402, According to a Recent SEC Filing
Nvidia Insider Sold Shares Worth $41,058,402, According to a Recent SEC Filing
Oct 21, 2025
03:24 AM EDT, 10/21/2025 (MT Newswires) -- Jen Hsun Huang, Director, President and Chief Executive Officer, on October 16, 2025, sold 225,000 shares in Nvidia ( NVDA ) for $41,058,402. Following the Form 4 filing with the SEC, Huang has control over a total of 852,358,603 common shares of the company, with 70,108,203 shares held directly and 782,250,400 controlled indirectly....
Johnson & Johnson Insider Sold Shares Worth $4,185,793, According to a Recent SEC Filing
Johnson & Johnson Insider Sold Shares Worth $4,185,793, According to a Recent SEC Filing
Oct 21, 2025
03:26 AM EDT, 10/21/2025 (MT Newswires) -- John C Reed, Executive Vice President, Innovative Medicine, Research and Development, on October 17, 2025, sold 21,721 shares in Johnson & Johnson ( JNJ ) for $4,185,793. Following the Form 4 filing with the SEC, Reed has control over a total of 10,658 common shares of the company, with 10,658 shares held directly....
BRIEF-Shawbrook Group Sets IPO Price Range At 350-390P/Share
BRIEF-Shawbrook Group Sets IPO Price Range At 350-390P/Share
Oct 21, 2025
Oct 21 (Reuters) - Shawbrook Group Plc: * ANNOUNCEMENT OF PRICE RANGE * PRICE RANGE FOR OFFER HAS BEEN SET AT 350 TO 390 PENCE PER SHARE * ESTIMATED MARKET CAPITALISATION AT ADMISSION OF BETWEEN APPROXIMATELY £1.8 BILLION AND £2.0 BILLION * EXPECTED THAT ABOUT 18% OF SHARES WILL BE HELD IN PUBLIC HANDS IF OVER-ALLOTMENT OPTION IS NOT EXERCISED...
Copyright 2023-2026 - www.financetom.com All Rights Reserved