Prairies snapshot: Eight companies to watch
Manitoba and Saskatchewan are among the world’s premier jurisdictions for mining and mineral exploration. Here’s a look at eight companies with assets in the provinces. ALX Resources ALX Resources (TSXV:…
Uranium
Denison wins arbitration ruling on Mongolian asset sale
The London Court of International Arbitration (LCIA) has recently rendered a final award in favour of Canadian uranium miner Denison Mines (TSX: DML) for the previously disclosed arbitration proceedings between the company and Czech-based…
Cameco loses $65M in Q2
Cameco (TSX: CCO; NYSE: CCJ) is planning to restart its Cigar Lake mine in northern Saskatchewan in early September, the Canadian uranium major announced. The restart of the mine, which…
Top 10 US-based mid-tiers to juniors, excluding coal and precious metals
The Northern Miner presents the top-10, U.S.-based mid-tier to junior companies, excluding coal and precious metals, by market capitalization, as of July 24, 2020. 1. Compass Minerals Market cap: US$1.8 billion Compass…
Covid-19 disrupts US$8.8B of global mining output, S&P says
Covid-19 has impacted the mining industry across the globe as lockdowns and travel restrictions have forced companies to halt or scale down operations and suspend work on projects, while reopening…
GoviEx to appeal cancelled uranium license in Zambia
GoviEx Uranium (TSX-V: GXU) says it will appeal Zambia’s decision to terminate its Chirundu mining license. The company acquired the permit in 2017 from African Energy Resources, and it includes…
Energy Fuels to upgrade uranium processing facility to include rare earths
As the United States pushes to dilute China’s monopoly on rare earths and develop a domestic supply, Colorado-based Energy Fuels (TSX: EFR) is working towards being at the forefront of…
Top 10 Canadian-headquartered base metal and uranium explorers
The Northern Miner has compiled a list of the top-10, Canadian headquartered base metal and uranium juniors – with no production and which are not a royalty or streaming company….
US uranium output shrinks 89% in 2019
U.S. domestic production of uranium concentrate plunged 89% to 174,000 lb. U3O8 last year, according to the latest annual report published by the U.S. Energy Information Administration (EIA). This also represents…
The Northern Miner Podcast – episode 187: How COVID-19 is impacting the uranium market, ft. Cameco
This episode features the Q&A portion of Cameco’s Q1 conference call that took place on May 1, 2020. Cameco president and CEO Tim Gitzel and vice-president and chief financial officer…
NexGen Energy lines up US$30M financing from Queen’s Road Capital
NexGen Energy (TSX: NXE; NYSE: NXE) has signed a US$30 million financing agreement with Queen’s Road Capital Investment (TSXV: QRC) and plans to use the funds to advance work at…
US outlines strategy to support domestic nuclear energy sector
The U.S. Department of Energy recently released a roadmap for rebuilding the country’s nuclear energy sector, including commitments to bolster domestic production of uranium, increase its enrichment as a fuel…