Scotia’s Mohr sees a ‘middling’ year ahead
While 2011 was a “spectacular year” for base metals and featured a big rally in gold to an all-time nominal high over US$1,920 per oz., 2012, in contrast, has seen commodity prices sink.
Uranium
Denison eyes JNR in the Athabasca
In a move to lock up uranium-rich ground in the Athabasca basin of northern Saskatchewan, Denison Mines (DML-T, DNN-X) plans to buy joint-venture partner JNR Resources (JNN-V) for nearly $10 million.
Paladin wields the axe
Pure-play uranium miner Paladin Energy (PDN-T) has unveiled a plan it says will trim costs by US$60 million to US$80 million over the next two years.
Soft uranium market hurts Cameco’s Q3 earnings
With its latest quarterly earnings, Cameco (CCO-T, CCJ-N) proved that its current operational deftness hasn’t been enough to protect its bottom line.
Denison eyes a bigger piece of cake
In a move to lock up uranium-rich ground in the Athabasca Basin in northern Saskatchewan, Denison Mines (DML-T) plans to buy joint-venture partner JNR Resources (JNN-V) for nearly $10 million.
Forsys to combine Namibian projects
Forsys Metals (FSY-T) has updated the resource estimate for its Namibplaas uranium deposit, and says it makes sense to combine its Namibplaas and nearby Valencia uranium deposit 7 km southwest to feed via conveyor a single, optimized process…
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.
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.