Uranium

Headframes at the Cigar Lake uranium project in Saskatchewan. Credit: Cameco

Cigar Lake production shines spotlight on Denison Mines

The start of ore production at Cameco Corp.’s (TSX: CCO; NYSE: CCJ) Cigar Lake uranium mine is good news for Denison Mines (TSX: DML; NYSE-MKT: DNN), which owns 22.5% of the McClean Lake mill where all of Cigar Lake’s ore will be…


The mill at First Majestic Silver's La Guitarra project, which it acquired from Silvermex Resources in 2012.

PDAC: What turns a discovery into a mine?

Less than half of the discoveries made since 1950 have turned into mines so far, Richard Schodde, managing director of Melbourne-based MinEx Consulting, said at the recent Prospectors & Developers Association of Canada’s annual…


Drills at Fission Uranium's Patterson Lake South uranium project just outside Saskatchewan's Athabasca basin. Credit: Fission Uranium

Every hole a hit as Fission joins zones at PLS

VANCOUVER — Thirty-six holes into a 90-hole winter program, the five drill rigs at Fission Uranium’s (TSXV: FCU; US-OTC: FCUUF) Patterson Lake South (PLS) project are batting 100% in their hunt for mineralization between the known…



Paladin Energy has suspended production at its Kayelekera uranium mine in Malawi (above). It had been operating at a loss due to low uranium prices. Credit: Paladin Energy

Paladin suspends production at Kayelekera

VANCOUVER — In the most significant curtailment of today’s uranium cycle, Paladin Energy (TSX: PDN) is suspending production its Kayelekera mine in Malawi until the uranium price recovers.


A drill site at NexGen Energy's Rook 1 uranium property on the southwestern edge of the Athabasca basin in northern Saskatchewan. Credit: NexGen Energy

Southwest Athabasca heating up thanks to NexGen, Fission

VANCOUVER — Two companies with neighbouring uranium properties released stellar drill results on the same day, stoking further excitement that the long-overlooked southwest edge of the Athabasca basin hosts significant uranium at shallow…


Japan sees reactors in future, uranium investors rejoice

It didn’t come as a total surprise, but the Japanese government’s pronouncement that nuclear reactors will be part of its future offered uranium miners and investors alike the shot in the arm that has been so long overdue.


The in-situ recovery facility at Ur-Energy's Lost Creek uranium project Sweetwater County, Wyoming. Credit: Ur-Energy

Ur-Energy flaunts its Lost Creek project

Ur-Energy (TSX: URE; NYSE-MKT: URG) has impressed many analysts with stellar uranium grades from its relatively new Lost Creek in-situ recovery facility in Sweetwater County, Wyo., despite missing initial production targets.


Boen Tan (left), chief geologist, and Richard Mazur, president and CEO of Forum Uranium, examine an outcrop in Saskatchewan's Athabasca basin. Credit: Forum Uranium

Forum Uranium hopes 2014 will be a breakout year

For a pint-sized explorer and developer with a market capitalization of $11 million and $4 million in cash, Forum Uranium (TSXV: FDC; TSX: FDCFF) has grand plans for its projects in Saskatchewan and Nunavut. But then the company also has some…




Senior project geologist Chad Sorba examines core samples at Denison Mines' Wheeler River uranium project in northern Saskatchewan's Athabasca basin. Credit: Denison Mines

Denison to drill 60,000 metres in 2014

While challenging market conditions are forcing many companies to axe their exploration budgets, Denison Mines (TSX: DML; NYSE-MKT: DNN) is pumping $15 million into a 60,000-metre drill program in the Athabasca basin in 2014, marking one of its…


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