Sprott buys 50,000 lb for $5B uranium trust
The Sprott Physical Uranium Trust’s (TSX: U.U for USD; U.UN for CAD) holdings now total about 68.6 million lb. of uranium after it bought 50,000 lb. of the energy metal this week…
Uranium
American Lithium wins Peru court battle
American Lithium (TSXV: LI; US-OTC: AMLIF) surged by nearly 20% after winning a legal battle in Peru that’s been holding up one of world’s largest and potentially lowest-cost uranium developments…
US adds copper, potash, silicon to critical minerals list
The U.S. government has added copper, potash and silicon to its draft list of critical minerals in the most significant overhaul since it was first published in 2018. The update, mandated…
Energy Fuels produces US’ first heavy rare earth oxides
Energy Fuels (NYSE: UUUU; TSX: EFR) says it has successfully produced the first kilogram of heavy rare earth oxides at pilot scale from its White Mesa mill in Utah. Shares…
GoviEx lists on ASX, rebrands as Atomic Eagle
GoviEx Uranium (TSXV: GXU) has entered the Australian capital market by combining with ASX-listed shell company Tombador Iron (ASX: TI1) in a proposed reverse takeover that would see GoviEx end…
US startup makes thorium breakthrough
Clean Core Thorium Energy, a Chicago-based company developing thorium-based nuclear fuel, says new tests hit a milestone in the element’s energy output being more efficient than uranium. The company’s Advanced…
NexGen doubles uranium sales ahead of Rook I OK
NexGen Energy (TSX, NYSE: NXE; ASX: NXG), advancing the largest development-stage uranium deposit in Canada, said Wednesday it has secured a major new offtake contract with a large U.S.-based utility. …
Denison shares rise on key Saskatchewan approval
Canada’s first potential in-situ recovery (ISR) uranium project has moved one step closer to reality with Denison Mines (TSX: DML; NYSE: DNN) receiving its environmental assessment (EA) approval from Saskatchewan….
Global Uranium’s Maybell resource joins US ranks
Global Uranium and Enrichment’s (ASX: GUE; US-OTC: GUELF) estimate for the Maybell project in Colorado makes it the second largest initial hard rock uranium resource in the Southwest United States…
Finland reclaims mining crown as Canada slips
Finland has regained its status as the world’s most attractive jurisdiction for mining and exploration it held in the early 2010s, followed by Nevada and Alaska, according to the Fraser Institute’s…
NexGen buys Rio stake in Athabasca properties
NexGen Energy (TSX, NYSE: NXE; ASX: NXG) is now the full owner of its portfolio of exploration assets in the southwest Athabasca Basin after consolidating a minority interest held by…
US targets mine waste to boost critical minerals supply
The U.S. government is launching a new effort to extract valuable critical minerals – including rare earths, lithium, cobalt and uranium – from mine waste and abandoned sites in a…