Sprott adds again to physical uranium trust holdings
The world’s largest holder of physical uranium keeps expanding its war chest. The Sprott Physical Uranium Trust (TSX: U.U for USD; U.UN for CAD) now holds about 72.4 million lb. of uranium,…
Uranium
BHP sinks $555M into Olympic Dam amid expansion bid
BHP is considering doubling copper output in South Australia to 650,000 tonnes by the mid-2030s
Infographic: Uranium production – Spheres of control
Today, uranium production is firmly dominated by the Russian sphere of control, which accounts for roughly 60% of global supply. This concentration of dominance reflects the historic weight of Kazakhstan,…
Mining Forum Americas: Fresh money pours in, but permits will decide where it sticks
Colorado Springs, Colo. – New capital is flooding back into miners, led by generalist funds and crypto-adjacent investors, but industry analysts and fund managers say it will stick only with…
Mining profits face nature-related threats: Barclays
Mining companies could see earnings drop by as much as 25% over five years due to nature degradation, Barclays said in a new report. The bank’s stress test, published in Navigating…
Video: Stick to scale, grade, metallurgy, permits – exploration analyst
As record gold prices and mounting acquisitions flow money through the industry, economic geologist Brent Cook warns investors to follow basics: scale, grade, metallurgy and realistic permitting timelines. “What do…
Sprott buys most uranium in 2.5 years
The Sprott Physical Uranium Trust (TSX: U.U for USD; U.UN for CAD), the world’s largest holder of the heavy metal, now has about 70 million lb. of uranium after it bought 450,000…
EnCore wins EPA backing for Burdock uranium project
EnCore Energy’s (Nasdaq, TSXV: EU) Dewey Burdock uranium project in South Dakota cleared a roadblock after the U.S. Environmental Protection Agency waived a petition by local communities challenging permitting decisions….
Uranium industry revival radiates from Southwest
Decades after the United States’ large-scale uranium mining industry mushroomed in Utah and New Mexico in the 1950s, the industry is returning to its Southwest roots in a revival spurred…
JV Article: Fortune Bay reactivates gold assets in Saskatchewan, Mexico
Fortune Bay (TSXV: FOR; US-OTC: FTBYF) has quietly built a pipeline of gold and uranium assets, waiting for the next commodities upswing. An updated preliminary economic assessment (PEA) for its…
GoviEx Uranium, Niger pause Madaouela dispute
GoviEx Uranium (TSXV: GXU; US-OTC: GVXXF) and the Niger government have agreed to extend a break in international arbitration over their Madaouela project clash by another six months. While the two…
Gold miners dominate this year’s TSX30
Mining companies accounted for over half of the entries on this year’s TSX30 — an annual list of the 30 top-performing names on Canada’s largest stock exchange over a three-year…