Editorial: Industrial power returns
For much of the past three decades, mining executives struggled to convince governments that minerals were strategic assets. They no longer have to make that case because the world has made it…
Uranium
Cameco’s Westinghouse nuclear unit files for IPO
Cameco’s (TSX: CCO; NYSE: CCJ) Westinghouse Electric joint venture filed for a U.S. initial public offering at a yet-to-be-determined date to tap growing investor interest in nuclear technology and services. Westinghouse…
US shortlists five states for nuclear sites
The United States Department of Energy (DOE) has selected five potential host states for what it calls “Nuclear Lifecycle Innovation Campuses” in an effort to strengthen and modernize the nation’s…
Denison starts building Canada’s first ISR uranium mine
Denison Mines (TSX: DML; NYSE-A: DNN) began full construction at its Phoenix uranium project in northern Saskatchewan, by starting installation of the first perimeter freeze wall after finishing site preparation….
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…
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…