ARMZ’s $1.3B offer for Uranium One too low, analysts say
Uranium One (UUU-T) shareholders should “demand higher compensation” from majority owner ARMZ, which is bidding $1.3 billion to take the company private, one analyst says.
Cameco Corporation
Cameco closes Nukem acquisition
It took longer than expected, but Cameco (CCO-T, CCJ-N) has cleared all its regulatory hurdles and acquired nuclear fuel trader Nukem Energy GmbH.
Cameco gets access to Russian warheads
It took longer than expected but Cameco (CCO-T, CCJ-N) has cleared all the regulatory hurdles and has closed its acquisition of nuclear fuels trader NUKEM Energy GmbH (NUKEM).
Denison expands Wheeler River resource
An updated resource estimate for the Phoenix uranium deposits in the Athabasca Basin usher them into an exclusive club of high-grade uncomformity deposits that includes the McArthur River mine 37 km to the northeast, the world’s largest…
Market news: Toronto Stock Exchange
Optimism that politicians south of the border would come to a resolution regarding the impending fiscal cliff helped hold up equities north of the border during the trading week. The S&P/TSX Composite Index increased 107 points for the…
Market news: U.S. Markets
U.S. equity markets in the first four days of the week turned positive on optimism lawmakers could avert the fiscal cliff. The Dow Jones Industrial Average advanced 176.71 points, or 1.35% to 13,311.72; the S&P 500 Index climbed 30.11…
TSX gains ground
Optimism that politicians south of the border would come to a resolution regarding the impending fiscal cliff helped hold up equities north of the border. The TSX Composite Index was up 107 points for the Dec. 17-20 period, closing at 12,388.71…
U.S. equities rise, Dec. 17-20
U.S. equity markets in the first four days of the week turned positive on optimism lawmakers could avert the fiscal cliff of tax increases and spending cuts. The Dow Jones Industrial Index advanced 176.71 points or 1.35% to 13,311.72 and the…
Denison eyes JNR in the Athabasca
In a move to lock up uranium-rich ground in the Athabasca basin of northern Saskatchewan, Denison Mines (DML-T, DNN-X) plans to buy joint-venture partner JNR Resources (JNN-V) for nearly $10 million.
Soft uranium market hurts Cameco’s Q3 earnings
With its latest quarterly earnings, Cameco (CCO-T, CCJ-N) proved that its current operational deftness hasn’t been enough to protect its bottom line.
Denison eyes a bigger piece of cake
In a move to lock up uranium-rich ground in the Athabasca Basin in northern Saskatchewan, Denison Mines (DML-T) plans to buy joint-venture partner JNR Resources (JNN-V) for nearly $10 million.
Uranium One battles weaker sales with lower costs
Uranium One (UUU-T) seems to be reading from the same script as other uranium producers as the company is meeting softer demand with greater operating efficiencies.