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Stock pickers and predators eyeing off rising stars like Gascoyne and Bellevue could emerge as winners from this week’s dip. Plus, DevEx offers uranium leverage with strong results and Quebec lithium explorers set for shot in the arm from new battery plant.

By Barry FitzGerald

A blast of corporate action in Australia’s red hot lithium sector saved local investors this week from the full effects of a global sell-off sparked by a double whammy of property and banking crises in China and the threat of another round of U.S. interest rate increases.

By Tim Treadgold

Uranium play DevEx Resources will expand ongoing drilling around its historical Nabarlek uranium mine in the NT after reporting significant new results including grades of up to 1.68% eU3O8 along a main uranium-bearing fault zone.

Repots Stockhead

92 Energy (ASX: 92E) has commenced a critical follow-up of its Gemini uranium discovery with a new drilling program underway at its 100% owned project in the rich Athabasca Basin of Canada (reports Small Caps).

Just over a year after acquiring the game-changing asset, Cygnus Metals (ASX: CY5) has released an impressive maiden inferred mineral resource estimate of 10.1 million tonnes at 1.04% lithium oxide (Li2O) for its Pontax project in James Bay, Canada (reports Small Caps).

There’s plenty of cash flying around for lithium explorers right now, and another has gone out to the market aiming to ratchet up the scale of its operations in Canada’s hot James Bay lithium district (reports Stockhead).

Kingsland Minerals is confident its Leliyn project in the Northern Territory is emerging as a major graphite discovery, just as nascent electric vehicle sector demand begins to ramp up (reports Stockhead).

The company which boasts it started the consolidation of the Leonora gold district is determined to maintain the momentum at its flagship mine for the next year, with the King of the Hills processing plant now operating above nameplate capacity (reports The West Australian).

As part of its effort to find additional resources to extend both the mine life and production rates at the Honeymoon uranium mine in South Australia, Boss Energy (ASX: BOE) says “highly successful” results have been reported from its drilling program at the Gould’s Dam satellite deposit (reports Small Caps).

With uranium production about to start at its Honeymoon project, Boss’ boss says tide has turned for nuclear fuel. Plus, new Pioneer Lithium IPO boasts strategic location and a Meteoric opportunity for Lynas.

By Barry FitzGerald