Uranium and Gold
The reason for the formation of many large gold deposits is still unknown. Partly microbes were responsible, partly earthquakes are responsible and sometimes the noble metal accumulates in hot springs. According to one theory, all of our gold comes from gigantic star collisions.
The South African Witwatersrand region is famous for its wealth of gold. How it has been accumulated? Oil, hot springs and uranium ore have interacted and are responsible for all the gold. According to research, part of the Witwatersrand gold was formed by prehistoric rivers that formed gold into nuggets. According to ore samples, the gold was produced by the interaction of petroleum and hydrothermal fluids. Gold accumulated on the surface of the oil droplets.
Today, gold, petroleum and uranium ore compounds are still found in the Witwatersrand area. The largest producer of South African gold, Sibanye-Stillwater - https://www.commodity-tv.net/c/search_adv/?v=298572, also operates here. In addition, the company owns platinum metal mines in South Africa and the USA and is probably the largest platinum metal producer in North America. Sibanye-Stillwater pays particular attention to the responsible extraction and processing of mineral resources.
In any case, it is not surprising that the Witwatersrand area also contains significant uranium deposits. In addition to the famous Athabasca Basin in Saskatchewan, there are also large uranium deposits in the USA. A company, Uranium Energy - https://www.commodity-tv.net/c/search_adv/?v=298360, takes care of the uranium there. An advantage of the company are the existing databases for historical uranium exploration.
Uranium Energy is in a financially strong position and with its Hobson processing facility in Texas it can serve its nearby projects at any time. The projects (partly approved and partly advanced) are located in Texas, Wyoming, New Mexico, Colorado and Arizona and Paraguay.
Current corporate information and press releases from Sibanye-Stillwater (https://www.resource-capital.ch/en/companies/sibanye-stillwater-ltd.html) and Uranium Energy (https://www.resource-capital.ch/en/companies/uranium-energy-corp.html).
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