Podcast: Mickey Fulp explains what’s weighing down commodities
Mickey Fulp, the Mercenary Geologist, dissects the recent movements in the Venture market, the greenback and two metals he follows closely — gold and uranium.
Uranium
Denison builds up Wheeler River’s potential as Gryphon expands
VANCOUVER — Ongoing exploration success by Denison Mines (TSX: DML; NYSE-MKT: DNN) at its 60%-owned Wheeler River asset along the eastern edge of Saskatchewan’s Athabasca basin is hinting at good near-term development…
Uranium Energy sketches out uranium mine in AZ
Uranium Energy (NYSE-MKT: UEC) acquired the Anderson uranium project in May 2011 through an all-stock merger with Concentric Energy valued at US$4 million.
TSX drops, Sept. 8-12
Canada’s main stock index fell during the trading week. The S&P/TSX Composite Index dropped 38 points to 15,531.58. The spot price for gold plunged US$40 to US$1,228.30, while the S&P/TSX Global Gold Index stayed relatively flat…
Commentary: Securing uranium supply: Why the spot price is rising
For those who may not have been following the uranium sector, the spot price for uranium oxide has climbed more than US$3.50 per lb. in a matter of weeks. Recent events over the past year have woken utilities up to the fact that securing…
Strike notice prompts closure of Cameco’s McArthur River
Cameco (TSX: CCO; NYSE: CCJ) has closed down McArthur River, the world’s largest uranium mine, and its Key Lake mill, in Saskatchewan’s Athabasca basin, over a labour dispute.
Fission going strong at PLS
VANCOUVER — Fission Uranium (TSXV: FCU; US-OTC: FCUUF) hit mineralization in every one of the first 14 holes of its mid-year drill program at Patterson Lake South (PLS), continuing a drilling success story that has delineated shallow,…
Fipke’s Northern Uranium thinks outside the basin
VANCOUVER — Conventional thinking amongst Canadian uranium explorers has been shifting over the past few years, and Northern Uranium (TSXV: UNO; US-OTC: NOURF) is hoping to be the next outfit to make a world-class discovery outside…
Cameco puts Cigar Lake on ice
VANCOUVER — Cameco (TSX: CCO; NYSE: CCJ) has suspended mining at its Cigar Lake uranium mine in Saskatchewan so that the high-grade orebody can freeze — a necessary step in mining the waterlogged deposit.
Ur-Energy confirms historic resource at Shirley Basin
Littleton, Colo.-based Ur-Energy (TSX: URE; NYSE-MKT: URG) has published a maiden resource estimate for its Shirley Basin uranium project in Wyoming’s Carbon County, indicating the deposit has 8.8 million lb. grading 0.23% eU3O8 in…
Open letter: Uranium, BAPE and social acceptability in Quebec
The 70 Quebec scientists and professionals from industry and academia who have signed this open letter are committed to using their know-how in an ethical, socially responsible and environmentally responsible manner. Exploration for and…
Denison bulks up Wheeler River
Denison Mines (TSX: DML; NYSE: DML) has lifted the average grade of the Phoenix deposit by 11% and the contained pounds of uranium by 19% at its 60%-owned Wheeler River project in northern Saskatchewan.