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.
Uranium
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.
Strathmore diversifies with copper and gold
Strathmore Minerals (STM –T) has gained a bit of diversification.
BHP delays Olympic Dam expansion
BHP Billiton’s (BHP-N, BLT-L) decision to delay a US$30-billion dollar expansion of its Olympic Dam copper-uranium-gold mine in South Australia due to escalating capital costs will put a forecasted uranium supply deficit under even…
Metals commentary: Getting ahead of the uranium curve
Compelling supply-demand fundamentals and near-term industry catalysts will spark a recovery in uranium prices and equity prices, David Sadowski of Raymond James argues in a weighty new report running 86 pages. The Vancouver-based mining…
Getting out ahead of the uranium curve
Compelling supply-demand fundamentals and near-term industry catalysts will spark a recovery in uranium prices and equity prices, David Sadowski of Raymond James argues in a weighty new report running eighty-seven pages.
Bannerman’s Etango gets environmental go-ahead
Bannerman Resources (BAN-T, BMN-A) has received an environmental nod from the Namibian Ministry of Environment and Tourism to develop its Etango uranium project, located on the Namib Desert sands, near the costal town of Swakopmund.
Paladin Energy turns the corner
Despite two months of unplanned shutdowns to upgrade the plant and complete remediation work due to land movement at its Kayelekera open-pit uranium mine in Malawi, Paladin Energy (PDN-T) still managed to increase production there by 14% in the…