Election result in Greenland could jeopardize Kvanefjeld project
A snap election on April 6 focused on mining, fishing and the environment, saw Greenland’s Inuit Ataqatigiit (Community of the People party) secure 37% of the votes, giving it 12…
Uranium
Stars are aligning for uranium price rally
The uranium market is emerging from years in the doldrums as the overhang from the nuclear disaster in Japan is cleared and global demand picks up steam. The spot price…
TSX mixed, March 15-19
The S&P/TSX Composite Index fell 0.53% to 18,854 during the Mar. 15-19 trading week. The S&P/TSX Global Mining Index slipped 2.68% to 103.66, and the S&P/TSX Global Base Metals Index…
Denison raising US$75M for physical inventory of uranium
Denison Mines (TSX: DML; NYSE: DNN) is raising US$75 million for the “strategic acquisition” of physical uranium, an initiative the company expects to support the development of its 90%-owned Wheeler…
NexGen closes $150M bought deal for Rook I uranium
NexGen Energy (TSX: NXE; NYSE: NXE) has closed its previously announced $150-million bought deal financing. The company issued 33.4 million common shares at a price of $4.50 per share. The…
TSX Venture rises, Feb. 15-19
The S&P/TSX Venture Composite Index climbed 2.92% to finish the Feb. 15-19 trading week at 1,067.44. Spot gold fell US$39.70 per oz. (2.2%) to finish the trading week at US$1,784.60…
Fission Uranium outlines 2021 drill program for Patterson Lake South
Fission Uranium (TSX: FCU; US-OTC; FCUUF) plans to drill 43 holes (12,640 metres) this year at the Triple R deposit at its Patterson Lake South project in Saskatchewan, 550 km northwest…
US Geological Survey reports 2020 mine production in the US
Mines in the United States produced about US$82.3 billion in minerals in 2020, according to figures from the U.S. Geological Survey’s Mineral Commodity Summaries report. The figure was about US$1.5…
‘Miners have to dare if they’re going to succeed’ says panel at Remote Roundup
The first day of the Association for Mineral Exploration’s (AME) Remote Roundup featured a government industry forum that brought together industry experts from across Canada and, for the first time,…
USA Rare Earth outlines domestic mine-to-magnet strategy
Since founding privately held USA Rare Earth three years ago, Pini Althaus has focused on turning his vision of creating a secure supply of rare earth elements in the United…
The father, the son and the holy atom
“IL EST MORT! He is dead!” At least that was the verdict of five French doctors who were on their way to a medical convention on the Paris to London…
Energy Fuels set to become rare earth producer in 2021
Energy Fuels (TSX: EFR; NYSE: UUUU) has entered into a three-year supply agreement with The Chemours Company to acquire a minimum of 2,500 tonnes per year of natural monazite sands,…