Uranium market gathers momentum – towards a supply shortfall
After a dozen years in the doldrums, uranium prices are on the rise, supported by real growing demand and support for nuclear power, as well as geopolitical concerns. While in…
Uranium
TSX rises over the Feb. 6-10 trading week
Over the Feb. 6-10 trading period, the S&P/TSX Composite Index rose by 146.22 points or 0.7% to 20,758.34. The S&P/TSX Global Mining Index gained 3.34 points or 2.9% to 116.22…
Cameco pivots into profit as Ukraine war knocks uranium supplies
Cameco (TSX: CCO; NYSE: CCJ) has swung into profit after uranium prices rose when the war in Ukraine sidelined Russian supplies and as the push to reduce greenhouse gases accelerated. …
Searchers find Rio Tinto’s radioactive capsule lost in Australia
An Australian emergency services search team has found a tiny, but potentially deadly radioactive capsule belonging to Rio Tinto (ASX, LSE: RIO) on the side of a highway in the…
Rio Tinto sorry for loss of radioactive capsule in Australia
Mining giant Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) apologized on Monday for the loss of a small, but “highly radioactive” capsule that has triggered a radiation alert across…
Kazatomprom reports a production miss
The world’s largest uranium producer, Kazakhstan’s Kazatomprom (LSE: KAP), saw its attributable output fell by 4.1% last year to 11,373 tonnes of uranium, down from 11,858 tonnes in 2021. On…
2023 is ‘likely to surprise’ us as much as 2022 did, finds White & Case survey
Inflation and geopolitics have overtaken ESG as the biggest concerns for 2023, while energy costs, shifting supply chains, and climate-related regulation and activism still worry firms. Despite shared concerns, there…
Energy Metals Snapshot: Eight companies to watch
As zero-emissions technologies continue to develop, demand is steadily rising for uranium, nickel, lithium, copper and graphite. Here’s a glimpse of eight companies exploring for or mining the energy metals. Baselode Energy …
Western Uranium & Vanadium plans processing plant build
After more than a year on the hunt, Western Uranium & Vanadium (CSE: WUC; US-OTC: WSTRF) says it plans to build a mineral processing plant in Emery County, central Utah to recover…
Christie Lake drill results expand uranium deposit, UEC says
Uranium Energy (NYSE: UEC) says new drill results expand the footprint of high-grade uranium mineralization at its Christie Lake project in northern Saskatchewan’s Athabasca basin. Drill hole C-178-1 cut 15.6…
New FS boosts NPV at Fission Uranium’s Patterson Lake project by 70%
An underground-only feasibility study for Fission Uranium’s (TSX: FCU; US-OTC: FCUUF) Patterson Lake South (PLS) project in Saskatchewan has increased its mine life from seven to 10 years while improving…
GoviEx sells Falea uranium project in Mali
GoviEx Uranium (TSXV: GXU; US-OTC: GVXXF) is selling its uranium-silver-copper Falea project in Mali to African Energy Metals (TSXV: CUCO; US-OTC: NDENF) in a $5.5 million cash and share deal….