Energy Fuels aims to double uranium output
The company is preparing additional mines in Colorado and Wyoming for expected production within one year.
Uranium
Why uranium above US$100 per lb. is ‘sustainable’ — and likely headed higher
Mining analyst David Talbot began covering the uranium sector in June 2007 – the same month uranium prices reached their all-time high of US$136 per lb., then rapidly retreated. Prices…
Red Cloud’s Talbot shares his top uranium picks
With investors flocking into the uranium space over the past year as the spot price has doubled, we asked David Talbot, Red Cloud Securities managing director and head of equity…
Optimism for metals clashes with reality for juniors ahead of PDAC
Increasing funding for battery metal and uranium projects versus gold brings home the global energy transition but big financing deals for preproduction companies have almost disappeared, new figures show ahead…
Rising uranium price, sales volume boost Cameco earnings
Higher sales volumes and realized prices for uranium production and fuel services meant that Cameco’s (TSX: CCO; NYSE: CCJ) 2023 net earnings and cash from operations more than doubled from…
Cash crunch has junior miners feeling ‘despondent’
According to Mining Intelligence data, mining financings tumbled by around 13% last year, after falling a precipitous 45% the previous year. Numbers from the Prospectors and Developers Association aren’t in…
Fission Uranium raising $75M to advance PLS project in Saskatchewan
Fission Uranium (TSX: FCU; US-OTC: FCUUF) is raising $75 million to advance the exploration and development of its PLS uranium project on the southwest rim of the Athabasca Basin in…
JV Article: Grounded Lithium lands Denison Mines as partner to advance Kindersley brine project
Grounded Lithium (TSXV: GRD; US-OTC: GRDAF) has reached an important milestone for the development of its Kindersley lithium brine project in southwestern Saskatchewan. The company signed an option agreement with…
Uranium Royalty cashes up to fund future deals
Uranium Royalty (TSX: URC; NASDAQ: UROY), the world’s only uranium-focused royalty and streaming company, is raising US$22.9 million to fund future royalty acquisitions as well as physical uranium purchases. The…
Japan adds uranium to list of critical minerals
Japan has added uranium to its list of critical minerals in an effort to reduce its dependence on foreign sources of the nuclear element, particularly Russia, and to support domestic…
Uranium price bound for US$160 record: Sprott
The price of uranium could surpass 2007 highs this year as utilities ramp up demand for nuclear fuel and miners hit snags in boosting supply, the world’s largest investment fund…
Fission wants to split uranium project costs with a partner in Saskatchewan
Fission Uranium (TSX:FCU; OTCQX: FCUUF) plans to fund the $1.5-billion Patterson Lake South project in northern Saskatchewan mostly with debt but it’s considering taking on a partner to help pay for…