Rio Tinto to take over A$2.2B Ranger mine cleanup
Rio Tinto (ASX: RIO; LSE: RIO; NYSE: RIO) is to carry out the A$2.2 billion ($2 billion) rehabilitation of the closed Ranger uranium mine in Australia’s Northern Territory, a government…
Uranium
CanAlaska Uranium shores up Pike zone with more high grade hits in Athabasca
CanAlaska Uranium (TSXV: CVV; US-OTC: CVVUF) posted new “ultra high-grade” drill results from its Athabasca basin joint venture with Cameco (TSX: CCO; NYSE: CCJ) that strengthen its Pike discovery, made in 2022….
Orion, Allianz among US$15T in funds seeking to boost mining investments for tripling output
A global group of institutional investors including Allianz, Legal & General and Orion Resource Partners wants to attract more funds to the mining industry by polishing its image and educating…
Power Metal nets $17.8M for uranium drilling JV in Saskatchewan
Power Metal Resources’ (LSE: POW; US-OTC: POWMF) gained 3.3% on Monday after it announced a £10 million ($17.8 million) investment from London-based UCAM for a joint venture to drill for…
Global Atomic shares rise on progress update for Dasa uranium mine in Niger
Global Atomic (TSX: GLO; US-OTC: GLATF) shares gained 10.5% Friday after the company said 10,000 tonnes of development ore has been brought to the surface at its Dasa mine in…
Big tech’s nuclear option
Silicon Valley CEOs can get obsessed with some pretty weird things — colonizing Mars, ultra-ascetic diets, wearing the same outfit every single day, or living forever. But there’s nothing head-scratching…
Baselode Energy logs high-grade uranium hits at Ackio in Saskatchewan
Baselode Energy (TSXV: FIND; US-OTC: BSENF) shares rose 8.3% in morning trading after the company released high-grade uranium results from two new drill holes at its Ackio prospect in northern…
Canada reviews Paladin’s Fission takeover on national security grounds
Paladin Energy’s (ASX: PDN) proposed takeover of Saskatchewan uranium developer Fission Uranium (TSX: FCU) has hit a fresh roadblock after the Canadian government informed the company the deal is now…
IsoEnergy acquires Anfield in uranium deal on road to become major US producer
Canadian uranium developer IsoEnergy (TSXV: ISO; US-OTC: ISENF) is buying Anfield Energy (TSXV: AEC; US-OTC: ANLDF) in an all-stock deal valued at $126.8 million to acquire its Shootaring Canyon conventional mill in…
Denison deal shows slumping battery metals benefiting uranium sector
Foremost Lithium Resource & Technology (CSE: FAT; NASDAQ: FMST), a junior with early-stage projects in Quebec and Manitoba, is pivoting into uranium through a cash and shares earn-in deal with Denison…
Uranium Energy to buy Rio Tinto’s Wyoming assets for US$175M
Uranium Energy (NYSE-AM: UEC) has agreed to buy Rio Tinto’s (NYSE: RIO; LSE: RIO; ASX: RIO) uranium assets in Wyoming, which include the fully-licensed Sweetwater plant and a portfolio of…
CanAlaska Uranium’s high-grade hits hint at Pike zone strength
Results from CanAlaska Uranium‘s (TSXV: CVV; US-OTC: CVVUF) summer drilling program continue to reveal the potential of its Pike zone on the West McArthur project, a joint venture with Cameco…