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News  ›  GlobeNewswire Inc.

Anfield Energy Announces JD-8 Mine Restart Application Passes Initial Completeness Review with Colorado DRMS

GlobeNewswire Inc. Logo GlobeNewswire Inc. By Anfield Energy Inc.
Anfield Energy Announces JD-8 Mine Restart Application Passes Initial Completeness Review with Colorado DRMS

Anfield Energy's permitting application to restart the JD-8 uranium and vanadium mine in Colorado has passed the initial completeness review by the Colorado Division of Reclamation, Mining and Safety. The company targets approval and production restart in the second half of 2026, leveraging its 100%-owned Shootaring Canyon mill and existing underground workings.

Insights
BILL   positive

Surged 13.12% after Bloomberg report suggesting potential sale of the company


AEC   positive

The company achieved a significant regulatory milestone with the completeness review approval, which de-risks the project and keeps it on track for mid-2026 approval and H2 2026 production restart. The positive regulatory determination, combined with favorable market fundamentals for uranium and federal support for critical minerals, supports an optimistic outlook for the JD-8 restart.