Rio Tinto sells Roughrider project to Uranium Energy for $150M
Uranium Energy (NYSE: UEC) has agreed to purchase 100% of the Roughrider project for $150 million from Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO). Rio will receive $80 million…
Uranium
Cameco and Brookfield Renewable agree to US$7.9B Westinghouse nuclear services buy
Canada’s largest uranium producer Cameco (TSX: CCO) has announced a significant expansion into the nuclear services sector after agreeing to buy U.S.-based Westinghouse Electric with Brookfield Renewable Partners (NYSE: BEP)…
Uranium Energy makes high-grade discovery at newly acquired Christie Lake project
Uranium Energy Corp. (NYSE-AM: UEC) has made a new discovery at the Christie Lake project in the eastern Athabasca Basin of northern Saskatchewan. The discovery hole encountered high-grade mineralization that…
As sentiment turns in favour of nuclear energy, Fission preps for Q4 feasibility
Fission Uranium (TSX: FCU) discovered the Triple R uranium deposit at its Patterson Lake South (PLS) project in Saskatchewan in 2012 – a year after the Fukushima nuclear plant disaster…
Prairies Snapshot: Eight companies to watch
Manitoba and Saskatchewan consistently rank top among the world’s premier jurisdictions for mining and mineral exploration. The following are eight companies with operations in the provinces. APPIA RARE EARTHS &…
GoviEx Uranium feasibility projects 19 year life, US$343M capex for Madaouela
GoviEx Uranium (TSXV: GXU) says its feasibility study for a mine in the West African country of Niger shows it may earn US$1.6 billion over its 19-year mine life. Production…
Baselode reports best uranium assay to date at ACKIO discovery in Saskatchewan
Baselode Energy (TSXV: FIND; US-OTC: BSENF) has announced geochemical assay results for AK22-069, the latest and best hole to date from its now-complete 22,500-metre diamond drill program on the ACKIO…
Denison expands uranium mineralization at McClean Lake South
Denison Mines (TSX: DML) has reported encouraging assays from drilling completed during winter 2022 at the McClean Lake property, which have resulted in a significant expansion of the high-grade uranium…
Mining industry on track to meet decarbonization targets, say analysts
The availability of risk capital for miners is biased towards those with concrete plans for achieving net-zero emissions targets by 2030, says Keith Russell, global director for energy transition, purpose…
TSX Venture ends Aug. 22-26 trading session down slightly
The S&P/TSX Venture Composite Index drifted slightly lower over the Aug. 8-12 trading session by 0.6% or 3.99 points to end the week at 645.92. Shares in lithium developer Sigma…
TSX closes in the red during Aug. 22-26
Over the Aug. 22-26 trading period, the S&P/ TSX Composite Index fell 238.09 points or 1.18% lower, to 19,873.29. The S&P/TSX Global Mining Index gained 2.37 points or 2.54% to…
Japan’s nuclear policy shift marks a turning point for uranium
More than a decade after the 2011 nuclear accident at the Fukushima Daiichi nuclear power plant in Japan roiled the uranium industry, the country has announced a major policy shift…