Uranium One battles weaker sales with lower costs
Uranium One (UUU-T) seems to be reading from the same script as other uranium producers as the company is meeting softer demand with greater operating efficiencies.
Uranium
Wide interval of high-grade at Fission’s Patterson Lake
Fission Energy (FIS-V) jumped 23.94% to 44¢ a share with 1.75 million shares changing hands after the company reported drilling at the Patterson Lake South project in northern Saskatchewan intersected a shallow 6.0-metre interval of…
Queensland lifts ban on uranium mining
It has taken 23 years, but the state government of Queensland has finally overturned a ban on uranium mining. The prohibition on uranium processing and waste storage, however, remains in place.
Solid operations can’t protect Cameco from state of the world
With its latest quarterly earnings Cameco (CCO-T, CCJ-N) proved that operational deftness isn’t always enough, as global factors took their toll on its bottom line.
Forsys Metals to combine Namibian projects
Forsys Metals (FSY-T) has updated the resource estimate for its Namibplaas uranium deposit and says it is now certain that it makes sense to combine its Namibplaas and nearby Valencia deposit 7 km to the southwest as a single feed to an…
Ur-Energy clears final hurdle at Lost Creek
Shares of Ur-Energy(URE-T, URG-X) rose 5% to 99¢ on Oct. 5, after the U.S. Bureau of Land Management approved the company’s operation plan for the Lost Creek uranium in-situ recovery project in Wyoming’s Sweetwater County.
Strateco soars on Matoush’s exploration licence
Strateco Resources’ (RSC-T) shares surged 32% after the Canadian Nuclear Safety Commission (CNSC) granted it an exploration licence for its underground Matoush uranium project in Quebec’s Otish Basin.
Paladin Energy posts quarterly results
Pure-play uranium producer Paladin Energy (PDN-T) with two uranium mines in Africa produced 1.93 million pounds of uranium in the three months ended Sept. 30, down 5.8% from the June quarter due to a planned 16-day maintenance shutdown at its…
Denison reveals Wheeler River’s results
Denison Mines (DML-T, DNN-X) has wrapped up the 2012 drill programs at its 60%-held Wheeler River uranium property in Saskatchewan, and plans to update the project’s resource estimate by year-end.
Ur-Energy clears final hurdle at Lost Creek
Shares of Ur-Energy (URE-T, URG-X) rose 5% to 99¢ on Oct. 5 after the Bureau of Land Management approved the company’s plan of operations for the Lost Creek uranium in-situ recovery project in Wyoming. The record of decision (ROD) is…
Denison posts Wheeler River’s 2012 drill results
Denison Mines (DML-T, DNN-X) has wrapped up the 2012 drill programs at its 60%-held Wheeler River uranium property in Saskatchewan and plans to update the project’s resource estimate by year-end.
Cameco picks up BHP’s Yeelirrie in WA
It appears that Cameco(CCO-T, CCJ-N), Canada’s major uranium power, is viewing a downswing in uranium markets as an opportunity to diversify its project portfolio, and acquire another foothold in Australia.