TSX rises over the Feb. 6-10 trading week
Over the Feb. 6-10 trading period, the S&P/TSX Composite Index rose by 146.22 points or 0.7% to 20,758.34. The S&P/TSX Global Mining Index gained 3.34 points or 2.9% to 116.22…
Cameco Corporation
Christie Lake drill results expand uranium deposit, UEC says
Uranium Energy (NYSE: UEC) says new drill results expand the footprint of high-grade uranium mineralization at its Christie Lake project in northern Saskatchewan’s Athabasca basin. Drill hole C-178-1 cut 15.6…
Plateau Uranium making strides at Macusani
Five corporate transactions over eight years and a steady pace of consolidation and resource growth have laid the groundwork for an updated preliminary economic assessment (PEA) of the Macusani project in southern Peru that would place it in…
TSX posts small gains, Dec. 18-22
The Toronto stock market ended in positive territory, with the S&P/TSX Composite Index gaining 0.5% to close at 13,082.86. The S&P/TSX Global Mining Index climbed 4.5% to 43.70, while the S&P/TSX Capped Diversified Metals &…
Uranium prices poised to rebound, analyst says
After some false starts in past years, an uptick in uranium prices may truly be around the corner, and this time analysts are more confident any rise will reflect a balance between demand and supply.
Cameco hits the right notes at Cigar Lake
VANCOUVER — It’s a tough time to be in the uranium business, but Canadian producer Cameco (TSX: CCO; NYSE: CCJ) believes it is well positioned for a market recovery due to strong operating leverage and a rock-solid contract…
UEX casts new light on Christie Lake uranium property
When Japanese-owned JCU Exploration sought a partner for its Christie Lake property, 9 km along strike of Cameco’s (TSX: CCO; NYSE: CCJ) McArthur River — the world’s largest uranium mine in Saskatchewan’s Athabasca basin…
NexGen triples Arrow deposit in the Athabasca
VANCOUVER — There’s no sign of slowing down for junior explorer NexGen Energy (TSXV: NXE) at its Arrow uranium deposit in the southwestern part of the Athabasca basin in northern Saskatchewan, as recent drilling has tripled the…
Wall Street tumbles, July 20-24
Weak corporate earnings and lower prices for commodities pushed down all three major U.S. indexes. The S&P 500 Index fell 2.2% to close at 2,079.65. The Dow Jones Industrial Average lost 2.9% to finish at 17,568.53, while the Nasdaq dropped…
Denison, Fission join forces in the Athabasca
VANCOUVER — Lukas Lundin’s Denison Mines (TSX: DML; NYSE-MKT: DNN) and exploration powerhouse Fission Uranium (TSX: FCU; US-OTC: FCUUF) have agreed on a deal that could create the second-largest pure uranium…
GoviEx pushes Madaouela on the permitting front
GoviEx Uranium (CSE: GXU) is quietly advancing its large Madaouela uranium project, and expects to receive a mining permit by year-end, or early 2016.
Paladin Energy wins right to own Canadian uranium mine
In a historic decision, the Canadian government has approved Australia’s Paladin Energy (TSX: PDN) as the majority owner of a uranium mine in Newfoundland and Labrador.