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- ⛏️ Sweden Lifts Uranium
👷♀️ Greetings Contrarian!
This is The Next Big Rush, your daily drop of mining and energy investing news. Where we come together and buy new clothes. 👕👖
📝 Here are the highlights
😎 Sweden Lifts Uranium
👏 Odienné Hits
😉 Golden Chest Awakens
📌 Daily Commodity Prices
Source: TradingEconomics and Numerco.
😎 Sweden Lifts Uranium
District Metals Corp. (TSXV: DMX | OTCQB: DMXCF | Nasdaq First North: DMXSE SDB), a sponsoring partner of TNBR, commented on the Swedish Parliament’s decision to lift the national moratorium on uranium mining and exploration, with new legislation enabling permits for uranium extraction and exploration set to take effect on January 1, 2026, in Sweden.
Uranium will once again be treated as a concession mineral under the Minerals Act, allowing companies to apply for exploration and mining permits under existing environmental and radiation safety oversight.
The policy shift supports Sweden’s nuclear energy expansion and strengthens domestic critical mineral supply.
District says it is now positioned to advance its uranium-polymetallic projects, including continued fieldwork, drilling, geophysics and economic studies at the Viken Energy Metals Deposit.
👏 Odienné Hits
Awalé Resources Ltd. (TSXV: ARIC | OTCQX: AWLRF | FSE: 2F60) reported new gold drilling results from the Charger discovery at the Odienné Project, in Côte d'Ivoire.
Highlights:
6 metres of 17.9 g/t gold from 433 metres.
14 metres of 1.9 g/t gold from 477 metres.
4 metres of 4.8 g/t gold from 374 metres.
Drilling has now extended the high-grade gold shoot to approximately 600 metres below surface, where mineralisation remains open down-plunge and along strike.
Four rigs are scheduled to mobilise in November to expand the ongoing drilling program.
😉 Golden Chest Awakens
Idaho Strategic Resources (NYSE American: IDR) announced new high-grade gold results from its 2025 summer drilling at the Golden Chest Mine, targeting the Paymaster shoot in Idaho, USA.
Highlights:
4.3 metres of 15.53 g/t gold.
1.5 metres of 20.00 g/t gold.
2.1 metres of 11.00 g/t gold.
The results expand mineralisation down-dip and along strike, supporting resource growth and indicating strong continuity in both the hangingwall and footwall veins.
Paymaster remains open and is expected to be a priority zone for upcoming development and production planning.
📰 In Other News
🐦 America’s Uranium Gap
⚠️"#Uranium supply is perhaps the biggest threat to US #Nuclear leadership." 🚨⚛️⛏️🇺🇸 This is why many expect the US government to soon take bold steps to directly boost US U miners.💰🤠🐂
— John Quakes (@quakes99)
11:58 PM • Nov 5, 2025
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The Editor
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