Alpha rebuffs Fission’s $170M offer
VANCOUVER — After almost ending up a neglected project on Denison Mines’ (TSX: DML; NYSE-MKT: DNN) shelf, a 50% stake in the Patterson Lake South (PLS) uranium project has sparked a $170-million takeover.
Uranium
Azarga takes stake in Powertech
Azarga Resources, a Hong Kong-based private uranium investment firm founded by mining executive Andrew Molyneux, has bought 17.5% of Powertech Uranium’s (TSX: PWE; US-OTC: PWURF) outstanding shares and agreed to take a 60% stake in the…
Fission, Alpha find fourth zone at PLS
VANCOUVER — Another drill season is underway for partners Fission Uranium (TSXV: FCU; US-OTC: FCUUF) and Alpha Minerals (TSXV: AMW; US-OTC: ESOFF) at the fifty-fifty Patterson Lake South (PLS) joint venture located in the southern…
Macusani multiplies resource count at Peruvian uranium properties
VANCOUVER – A new estimate for Macusani Yellowcake’s (TSXV: YEL) suite of uranium properties on the Macusani Plateau in southeastern Peru has boosted the resource count by 167% in advance of a preliminary economic assessment (PEA) due out…
Strateco appears out of luck at Matoush
Any chance that Strateco Resources (TSX: RSC; US-OTC: SRSIF) had in advancing its Matoush uranium project in northern Quebec’s Otish Mountains after the provincial government temporarily banned uranium development in late March has been…
TSX Venture Exchange, July 29-Aug. 2
The S&P/TSX Venture Composite Index put an end to its four-week winning streak, slipping 1.73 points during the trading session to close at 923.56 points.
Ur-Energy shares gain momentum
Ur-Energy (TSX: URE; NYSE-Arca: URG) has seen its shares nearly double in the past year, as it gears to become the next U.S.-based uranium producer.
Energy Fuels looks to be the name in US uranium mining
Uranium prices look poised to finally come back around, and Energy Fuels (TSX: EFR; US-OTC: EFRFF) is hoping to be one of the first places for investors to park their capital.
Paladin’s production, cost-cutting impresses
With the uranium price dropping, Paladin Energy (TSX: PDN) is finding ways to cut costs and prepare for a quick expansion, in case prices rebound.
Wheeler River wins more converts for Denison
Denison Mines (TSX: DML; NYSE-Arca: DNN) owns a 60% stake in the Wheeler River uranium project that lies between Cameco’s (TSX: CCO; NYSE: CCJ) Key Lake mill — the world’s largest high-grade uranium mill — and its…
Azincourt gets going at Patterson Lake
VANCOUVER — There is critical mass building around the Patterson Lake uranium camp in the western reaches of Saksatchewan’s Athabasca basin, and Vancouver-based junior Azincourt Uranium (TSXV: AAZ) is hoping to make a big discovery.
Fission’s technical team remakes the Athabasca basin
VANCOUVER — Fission Uranium (TSXV: FCU) made headlines last year with the J-Zone discovery at its Waterberg uranium joint-venture in Saskatchewan’s Athabasca basin, and the company is showing no signs of slowing down.