Laramide sees $741M value for uranium mine
An updated study for Laramide Resources’ (TSX, ASX: LAM; US-OTC: LMRXF) proposed Westmoreland uranium mine in Australia values the project at about $741 million (C$1.04 billion) – almost twice the…
Uranium
India invests $2B for SMRs as Saudi Arabia eyes nuclear power plans
Nuclear power continues to build momentum worldwide as India and Saudi Arabia this week advanced plans to further enter the energy sector, while the Sprott Physical Uranium Trust (TSX: U.U…
Sprott sees value as uranium stocks trail market
The recent selloff in uranium mining stocks has created a buying opportunity as rising long-term prices, stronger nuclear policy and constrained supply go largely unrecognized by investors, Sprott Asset Management…
Cameco restarts Cigar Lake uranium mine
Cameco (TSX: CCO; NYSE: CCJ) announced Wednesday its Cigar Lake uranium mine in northern Saskatchewan has resumed production activities following a temporary suspension due to challenges at the McClean Lake…
Canada bets on digital hub to speed mine permitting
Canada is using a centralized digital platform to help accelerate reviews of major mining and infrastructure projects by giving regulators, companies, Indigenous communities and the public access to the same…
SuperCritical wins US licence for seawater uranium tech
Exclusive DOE technology gives startup a path toward commercial uranium recovery as US nuclear fuel demand builds.
Elevate buys Marenica stake to build Erongo scale
Elevate Uranium (ASX: EL8; US-OTC: ELVUF) will buy another 15% of the Marenica uranium project in Namibia, tightening control to 90% of a growing asset as it tests whether its…
India to invest in foreign uranium mines
India’s state-owned power producer NTPC is looking to help finance overseas uranium mines to fuel the country’s plan to massively expand nuclear power generation in the coming decades. The world’s…
Canada’s 20-year mine timeline hits multibillion-dollar wall: report
Canada’s lengthy mine development process is putting billions of dollars in potential critical minerals investment at risk as competing jurisdictions move projects into production years faster, a new study suggests….
Spotlight: Four companies advancing projects in BC, Prairies & the Far North
Exploration in Canada’s Prairie provinces, British Columbia and the Far North is heating up with summer drill programs, especially for coveted critical minerals. Here’s a look at four companies with interesting projects to watch. Amarc Resources Amarc…
Interactive infographic: Far North projects
Canada’s vast northern region hosts numerous large and high-grade mineral projects but they’re out of reach to miners until they’re connected to reliable roads. Our latest infographic looks at seven…
US uranium revival gains traction as output triples
Most measures of U.S. uranium activity reached their highest levels in almost a decade last year, pointing to a broader industry recovery. Production more than tripled last year to 2.1…