U.S.-based uranium miner and explorer Uranium Energy (NYSE-MKT: UEC) recently lined up a US$7.1 million financing to support the growth of its South Texas exploration projects, mainly the Burke Hollow in-situ recovery property in Bee County.
VANCOUVER — The planned merger between Rockgate Capital (TSX: RGT) and Mega Uranium (TSX: MGA; US-OTC: MGAFF) is off, thanks to a superior offer for Rockgate from Denison Mines (TSX: DML; NYSE-MKT: DNN).
Cameco (TSX: CCO; NYSE: CCJ) expects a six-month delay at its 50%-held Cigar Lake uranium project in northern Saskatchewan, as more work needs to be done at the mine and mill to ensure uranium can be safely extracted and processed.
VANCOUVER — In one of the more prominent junior deals of the year, explorer Fission Uranium (TSXV: FCU; US-OTC: FCUUF) opted in the last few weeks to fork over US$185-million in equity to take over joint-venture partner Alpha…
Denison Mines (TSX: DML; NYSE-MKT: DNN) has tabled a superior all-share bid for Rockgate Capital (TSX: RGT), a week before Rockgate shareholders are set to vote on a merger with Mega Uranium (TSX: MGA), claiming…
In a presentation at the Toronto Resource Investment Conference Sept. 12, David Franklin of Sprott Asset Management said that after a tough first half of the year “we have turned the corner” and that investors can take advantage of…
VANCOUVER — It’s been an action-packed first half of the year for Toronto-based Denison Mines (TSX: DML; NYSE-MKT: DNN) and its portfolio of uranium projects throughout Saskatchewan’s Athabasca Basin. After picking up a 60% stake in the…
Uranium miner Energy Fuels (TSX: EFR; NASDAQ: CLNE) has provided a market update after acquiring Strathmore Minerals by way of a plan of arrangement — a move that shareholders of both companies applauded.
The final shipment of highly enriched uranium (HEU) to the U.S. from nuclear disarmament and military stockpiles in Russia under the 1993 Megatons to Megawatts agreement left St. Petersburg on Aug. 21, and analysts believe the end of the…
A recently reported leak at the Fukushima nuclear plant in Japan has reawakened concerns over the development of new nuclear reactors in the country, with most experts agreeing that any renewed build-up will likely be put on hold until the…
VANCOUVER — After a bit of back and forth, fifty-fifty joint-venture partners Fission Uranium (TSXV: FCU; US-OTC: FCUUF) and Alpha Minerals (TSXV: AMW; US-OTC: ESOFF) have nailed down an agreement that will see Fission acquire full…
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.
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