TSX Venture index falls nearly 4% during Apr. 17-21 trading week
The S&P/TSX Venture Composite Index fell 23.68 points or 3.7% over the Apr. 17-21 trading period to close at 614.2. Sigma Lithium fell the most by value, dropping $5.37 apiece…
Uranium
Far North Snapshot: Eight companies exploring for gold, critical minerals and more
The Far North contains a wealth of minerals, and although remote, many Far North regions have a rich history of mining. Here’s a glimpse of eight companies advancing some of…
F3 Uranium shares rise on high-grade results from Patterson Lake North
F3 Uranium (TSV: FUU) has released strong initial assay results on Monday from winter drilling at its 100% owned Patterson Lake North (PLN) property in northern Saskatchewan. This 20-hole program…
Cameco wins $300M tax refund, seeks hundreds of millions more
Cameco (TSX: CCO; NYSE: CCJ) has won $300 million back from Canada’s taxman in a dispute lasting two decades, but it says the full figure should be more than three…
The View from England: Myopic politicians seeing nuclear at last
Politicians everywhere have a tendency to make decisions based on short-term outcomes that might become catastrophic in the long term. There are few better examples of this than legislation in…
Kazatomprom’s 2022 profit doubles as it lowers 2023 production guidance
Kazatomprom (LSE: KAP) reported a 115% increase in full-year 2022 earnings on Friday, thanks to a 31% increase in the average realized uranium price. Despite the solid financial performance, the…
EU adds copper, nickel and manganese to list of critical materials
The European Union has published its Critical Raw Materials Act and added copper, nickel and manganese to its list of critical materials. The CRMA, unveiled by the Brussels-based European Commission…
Peninsula Energy delays Wyoming uranium project restart, shares plunge
Peninsula Energy (ASX: PEN) has delayed the restart of commercial production at its Lance project in Wyoming, from the first quarter of this year until mid-2023. According to the Australia-based…
EnCore makes production decision on Alta Mesa, its second uranium facility
EnCore Energy (TSXV: EU; NYSE-AM: EU) has made a formal production decision resuming uranium production from the Alta Mesa central processing plant in Texas in early 2024. This will be…
PDAC: Canada eyes US-style project funding while market may replace Chinese cash
Canada is considering how to match funding opportunities by the United States for critical mineral projects while balancing national security with the need for Chinese investment, Natural Resources Minister Jonathan…
PDAC: Target investment, rally society to compete with China, says banking panel
Prices and supplies of critical metals will increasingly hinge on government policy and geopolitical tensions, three of Canada’s top bankers said Monday at PDAC. Speaking on a panel moderated by…
The new Critical Mineral Exploration Tax Credit is a good start – but more support is needed
After 15 years funding Canadian exploration in more than 450 financings advancing billions of dollars to hundreds of issuers on behalf of thousands of clients, we at PearTree share the…