Uranium


Wall Street marches higher, April 6-10

U.S. stocks rose for a second straight week. The Dow Jones Industrial Average advanced 294.41 points to 18,057.65 and the S&P 500 Index gained 35.1 points to finish at 2,102.06. Both indexes were up 1.7%. The Nasdaq Composite rose 2.2% to…


Editorial: Canada, India reunite over uranium

How long do you hold a grudge before letting bygones be bygones? For the Canadian government, it’s about 40 years when it comes to the Indian government’s betrayal over its use of peaceful Canadian nuclear technology to build a…


At the Prospectors & Developers Association of Canada convention in Toronto in March, from left: Al Shefsky, president of Pele Mountain Resources; Michael Gravelle, Ontario Minister of Northern Development and Mines; Janis Peleshok, director; Martin Cooper, vice-president of Aboriginal Affairs; and Margie Bugarin, resource administrator. Source: Pele Mountain Resources

Pele Mountain moves monazite processing plan ahead

When Pele Mountain Resources (TSXV: GEM; US-OTC: GOLDF) announced a strategy in October 2014 to extract and separate rare earth elements from monazite concentrate imported from overseas at its Eco Ridge project in Elliott Lake, the plan caught…




Wall Street ends in the red, March 2-6

U.S. stocks tumbled during the first week of March as investors worried the strong monthly jobs report might trigger the Federal Reserve to hike interest rates sooner than expected. The Dow Jones Industrial Average lost 276 points, or 1.5%,…


Facilities at Whitehaven Coal's Narrabri thermal coal mine in New South Wales, Australia. Credit: Whitehaven Coal

Contrarian investor Anglo Pacific picks up coal royalty

Anglo Pacific Group (TSX: APY; LSE: APF) is forking over US$60 million in cash and US$5 million in shares for a royalty on Whitehaven Coal’s (US-OTC: WHITF; ASX: WHC) Narrabri thermal coal mine in Australia at a time when the price of…


An antelope near a drill site at Azarga Uranium's Dewey Burdock uranium project in South Dakota. Credit: Azarga Uranium.

Azarga cuts initial capex by 50% in Dewey Burdock PEA

An upgraded resource estimate that confirms its flagship Dewey Burdock in-situ recovery (ISR) uranium project is the highest-grade ISR project among its North American peers, and a revised preliminary economic assessment (PEA) that has cut the…


TSX rises despite uncertainties, Feb. 2-6

Cautious optimism about oil prices that lifted some energy stocks, coupled with decent job numbers showing employment in Canada increased by 35,000 in January (the result of more part-time work), drove the S&P/TSX Composite Index higher by…


Paladin Energy's 75%-owned Langer Heinrich uranium mine in western Nambia's Namib desert. Credit: Paladin Energy

Paladin gets PE from Asia

Like most uranium companies last year, Paladin Energy (TSX: PDN; ASX: PDN) struggled with tough markets and low commodity prices.


Drillers working a rig at Fission Uranium's Patterson Lake South uranium project in Saskatchewan. Credit: Fission Uranium

Fission team talks Triple R resource and next steps at PLS

VANCOUVER — It’s been an exciting journey for Fission Uranium (TSX: FCU; US-OTC: FCUUF) at its wholly owned Patterson Lake South (PLS) discovery, which has effectively changed the way explorers look at Saskatchewan’s Athabasca…


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