Most energy and mining projects 20% in the red: study
Miners and energy companies are facing average budget overruns of 15% to 20%, which puts nearly US$1.5 billion of capital invested in energy transition-related projects at risk each year through…
Uranium
Fission’s drilling detects high gamma rays near Saskatchewan uranium site
The first six holes of Fission Uranium’s (TSX: FCU; US-OTC: FCUUF) resource upgrade drill program on one of the zones at its Patterson Lake South (PLS) project in northern Saskatchewan…
Denison plans PEA for Midwest uranium project after in-situ recovery field tests
Denison Mines (TSX: DML; NYSE: DNN) says it has completed the inaugural in-situ recovery (ISR) field test program at its Midwest joint venture project in northern Saskatchewan and plans to…
NexGen scores higher grade uranium find than at flagship’s discovery hole in Saskatchewan
NexGen Energy (TSX: NXE; NYSE: NXE; ASX: NXG) has reported high-grade uranium assays east of its main Arrow deposit in northern Saskatchewan that are stronger than the first Arrow discovery…
CanAlaska logs strong uranium assays in Pike zone at West McArthur JV
CanAlaska Uranium (TSXV: CVV; US-OTC: CVVUF), operator of the West McArthur joint venture, reported high grade intersections from the latest drilling in the Pike zone. Geochemical assays returned 14.9% uranium…
JV Video: Rising uranium tide lifts enCore Energy to production
EnCore Energy (TSXV: EU; NASDAQ: EU) began production at its Rosita plant in South Texas late last year, supported by a strong uranium price and rising interest in nuclear power….
JV Video: Nuclear Fuels drilling at Kaycee project to update historic uranium resource
Nuclear Fuels (CSE: NF; US-OTC: NFUNF) plans a resource update this year for its flagship Kaycee project in Wyoming, which it hopes to advance as an in-situ recovery uranium mine. “To…
Mining-strong Oz budget could lead to another surplus, but more can be done, say insiders
For the second consecutive year, the Australian government has announced a budget surplus mainly owing to a vibrant mining sector, this time projected at A$9.3 billion, though some in the…
NexGen Energy closes $224M CDI offering in Australia
NexGen Energy (TSX: NXE; NYSE: NXE; ASX: NXG) has raised $224 million to fund the continued development and further exploration of the company’s mineral properties, and for general corporate purposes….
JV Content: PearTree tracks financial trends that show declining exploration spending in BC
Exploration spending in British Columbia is down by more than 45% since 2022, the biggest drop of any jurisdiction in Canada, PearTree Financial managing director Kendra Johnston said at the…
Video: Nuclear will help but fossil fuels aren’t leaving, mining investor Gilchrist says
The world will never be able to produce enough metals for a green energy transition without fossil fuels and more nuclear plants, says Brent Gilchrist, CEO of investment firm Deans…
JV Video: Standard Uranium readies drills for $2M Athabasca Basin program
Standard Uranium (TSXV: STND; US-OTC: STTDF) is boosting its chances of making a discovery in the Saskatchewan’s Athabasca Basin with joint ventures and at least four drill programs this summer, says…