Uranium reversal may be close, Purepoint says
In one of the few exploration projects it is funding next year, Cameco (TSX: CCO; NYSE: CCJ) and its joint-venture partners Orano Canada and Purepoint Uranium (TSXV: PTU) are planning…
Cameco Corporation
Cameco scores victory over CRA
The Tax Court of Canada has ruled in favour of Cameco (TSX: CCO; NYSE: CCJ) in the company’s decade-long dispute with the Canada Revenue Agency over tax reassessments for the…
Raymond James: Uranium supply uncertain in coming years
Despite meaningful global inventories of uranium, supply uncertainty in the coming years may lead to price increases, Raymond James states in a newly updated review of the sector. The brokerage…
Site visit: Fission pushes PLS forward in Athabasca
PATTERSON LAKE, SASK. — Fission Uranium (TSX: FCU; US-OTC: FCUUF) is in the midst of a $6.4-million, mid-year work program at its near-surface Patterson Lake South (PLS) uranium project in northwestern Saskatchewan….
Cameco suspends production at McArthur River and Key Lake
Cameco (TSX: CCO; NYSE: CCJ) will indefinitely suspend production at its McArthur River and Key Lake uranium mines in Saskatchewan, and, as a result, permanently lay off 550 site employees….
Top 10 Canadian-based mining companies
The Northern Miner presents the top 10 Canadian-headquartered mining companies by market capitalization, as of early July 2018. NUTRIEN: $46 billion market cap Nutrien (TSX: NTR; NYSE: NTR) is a new…
Cameco loses US$50M in Q3 as uranium languishes
VANCOUVER — Canada’s Cameco (TSX: CCO; NYSE: CCJ) is in damage control mode amidst the worst uranium market in over a decade. The company’s underwhelming third-quarter results were plagued by…
Denison off to great start in 2017 at Wheeler River
In the last six months, Denison Mines (TSX: DML; NYSE-MKT: DNN) has reached a deal to increase its stake in the Wheeler River uranium project, raised $63.5 million in capital…
Japanese utility Tepco ends contract, Cameco to pursue legal rights
In a hastily convened February conference call, CEO Tim Gitzel of Cameco (TSX: CCO; NYSE: CCJ) vowed he would “vigorously pursue remedies to recover value for our shareholders and other…
Editorial: Kazatomprom’s cuts and uranium’s rebound
What a difference a month makes. After an absolutely desultory past few years for uranium oxide prices — which saw the spot price of yellowcake hit 11-year lows of only…
Wall Street dips, Jan. 9–13
U.S. equities slipped into negative territory, as oil prices retreated and gold rose. The S&P 500 Index dipped 0.1% to 2,274.64, while the Dow Jones Industrial Average fell 0.4% to…
Site visit: Fission poised for growth at Patterson Lake South
NORTHERN SASKATCHEWAN — Handling drill core caked with uraninite — a radioactive, uranium-rich ore mineral — isn’t exactly for the faint of heart, but with grades north of 25% U3O8,…