Denison and UEX hash out $40.5M joint ownership deal for JCU
Denison Mines (TSX: DML; NYSE-AM: DNN) and UEX Corp. (TSX: UEX; US-OTC: UEXCF) have hashed out a deal that will see each company with a 50% interest in JCU Exploration,…
Uranium
Western Uranium & Vanadium buys physical uranium
Western Uranium & Vanadium (CSE: WUC; US-OTC: WSTRF) has signed an agreement to buy 125,000 pounds of uranium concentrate at the current market price for delivery before the end of…
Global uranium output tipped for growth as spot prices tick up – report
Worldwide uranium production will recover by 3.1% to reach 51,200 tonnes in 2021 as significant mines come back online following a Covid-19 hiatus, new analysis by GlobalData shows. The increased…
Global Mining Symposium: Manitoba’s vast under-explored mineral wealth has much to offer, panel says
Manitoba has ranked in the top 20 of the Fraser Institute’s annual list of the most attractive mining jurisdictions for 21 of the last 23 years, and has an exceptional…
Zambia reinstates GoviEx’s Chirundu licence
The Zambian government has reinstated the mining licence for GoviEx Uranium’s (TSXV: GXU; US-OTC: GVXXF) Chirundu property, part of the junior’s Mutanga project. The licence was cancelled in July 2020…
Cameco shares surge despite posting Q1 loss
Despite the near-term costs of its business strategy and unplanned disruptions due to the Covid-19 pandemic, Cameco (TSX: CCO; NYSE: CCJ) ended the first quarter of 2021 with over a billion…
Denison bids for JCU (Canada) Exploration
Denison Mines (TSX: DML; NYSE-AM: DNN) is offering to buy JCU (Canada) Exploration Company, a wholly owned subsidiary of Overseas Uranium Resources Development Company Ltd., for cash payments of up…
Is uranium coming back in vogue?
Last week, Anthony Milewski, a director of International Consolidated Uranium, made the case to our readers that uranium sentiment is finally improving and the nuclear fuel is now having its…
Fission offers $30M bought deal for Triple R development
Fission Uranium (TSX: FCU; US-OTC: FCUUF) has announced a $30 million bought deal public offering, the proceeds of which will be used to advance development of the Triple R deposit…
Africa Snapshot: Eight companies seeking opportunities
Be it gold, copper or uranium, the African continent has powerful resources for mining. And there are several industry-friendly governments that are ready to secure their futures with new resource…
Is uranium sentiment improving?
After years of neglect, uranium stocks have been enjoying time in the sun. What’s interesting is that today’s spot price of US$30 per lb., while considerably higher than its multi-year…
TSX up, April 12-16
The S&P/TSX Composite Index rose 0.64% to 19,351.32 during the April 12-16 trading week. The S&P/TSX Global Mining Index jumped 4.81% to 111.25, and the S&P/TSX Global Base Metals Index…