Tim Gitzel, CEO of uranium miner Cameco, is our Mining Person of the Year for 2023
Tim Gitzel, an executive at Cameco (TSX: CCO; NYSE: CCJ) for 17 years and president and CEO for 13, has led the company through more bad times than good. Among…
Cameco Corporation
Why uranium above US$100 per lb. is ‘sustainable’ — and likely headed higher
Mining analyst David Talbot began covering the uranium sector in June 2007 – the same month uranium prices reached their all-time high of US$136 per lb., then rapidly retreated. Prices…
TSX winners Aug. 21-25 include Cameco, Teck, Perpetua and Laramide
Over the Aug. 21-25 trading period, the S&P/TSX Composite Index added 17.36 points or 0.09%, to 19,835.75. The S&P/TSX Global Mining Index inched up 1.73 points or 1.7% to 102.88…
TSX rises 3.8% over June 26-30 trading week
Over the June 26-30 trading period, the S&P/TSX Composite Index advanced 737.06 points or 3.8% to 20,155.29. The S&P/TSX Global Mining Index rose 2.01 points or 1.93% to 106.16 and…
Work to sideline Russia on nuclear fuel puts Cameco at centre stage
Cameco CEO Tim Gitzel first joined the company’s executive team in 2007 – the year that the uranium price peaked at a high of US$136 per lb., rising from less…
Cameco plans restart of McArthur River mine, Key Lake mill this year
Cameco (TSX: CCO; NYSE: CCJ) is restarting its McArthur River mine and Key Lake mill in Saskatchewan this year, marking a slow easing of the company’s supply discipline as the…
An inflection point for uranium and the nuclear industry?
In our next issue we shine the spotlight on uranium and the outlook for the nuclear fuel industry. As it happens our timing is spot on because Cameco president and…
Rising spot uranium prices buoy explorers, developers and producers
Raymond James has raised its target prices on Cameco (TSX: CCO; NYSE: CCJ), Denison Mines (TSX: DML; NYSE-AM: DNN) and NexGen Energy (TSX: NXE) as spot uranium prices have jumped…
TSX posts small gain, Aug. 30-Sept. 3
The S&P/TSX Composite Index rose 176.80 points or 0.86% to finish the August 30 to September 3 trading week at 20,821.40. The S&P/TSX Global Mining Index fell 0.92 points or…
JV Article: Trench Metals summer drill program explores for uranium in Athabasca Basin
Trench Metals (TSXV: TMC) expects its first assay results from the Gorilla Lake uranium project in the Cluff Lake area of Saskatchewan’s Athabasca Basin before the end of the fourth…
Cameco shares surge despite posting Q1 loss
Despite the near-term costs of its business strategy and unplanned disruptions due to the Covid-19 pandemic, Cameco (TSX: CCO; NYSE: CCJ) ended the first quarter of 2021 with over a billion…
Stars are aligning for uranium price rally
The uranium market is emerging from years in the doldrums as the overhang from the nuclear disaster in Japan is cleared and global demand picks up steam. The spot price…