Supply risks trump demand concerns: Cameco CEO
Global utilities have their work cut out if they hope to secure enough uranium to meet demand over the next 20 years, Cameco (TSX: CCO; NYSE: CCJ) CEO Tim Gitzel…
Cameco Corp.
Canada’s Top Ten: Barrick leads this year’s list of miners by market cap
Barrick Gold (TSX: ABX; NYSE: GOLD) returned as Canada’s largest mining company on the Toronto Stock Exchange, displacing last year’s leader Nutrien (TSX: NTR), which plummeted in market value by…
Cameco wins $300M tax refund, seeks hundreds of millions more
Cameco (TSX: CCO; NYSE: CCJ) has won $300 million back from Canada’s taxman in a dispute lasting two decades, but it says the full figure should be more than three…
Cameco and Brookfield Renewable agree to US$7.9B Westinghouse nuclear services buy
Canada’s largest uranium producer Cameco (TSX: CCO) has announced a significant expansion into the nuclear services sector after agreeing to buy U.S.-based Westinghouse Electric with Brookfield Renewable Partners (NYSE: BEP)…
Cameco, Orano up stake in Cigar Lake uranium mine
Uranium producers Cameco (TSX: CCO; NYSE: CCJ) and Orano are increasing their stakes in the Cigar Lake uranium mine in northern Saskatchewan by buying Idemitsu Canada Resources’ 7.9% interest in…
Kazakh uranium industry unaffected by unrest
The world’s largest uranium producer, Kazatomprom, remains unaffected by the ongoing turmoil in the Central Asian state of Kazakhstan, Reuters reported the Kazakh producer as saying. “Uranium mining is going…
Global uranium output tipped for growth as spot prices tick up – report
Worldwide uranium production will recover by 3.1% to reach 51,200 tonnes in 2021 as significant mines come back online following a Covid-19 hiatus, new analysis by GlobalData shows. The increased…
Denison bids for JCU (Canada) Exploration
Denison Mines (TSX: DML; NYSE-AM: DNN) is offering to buy JCU (Canada) Exploration Company, a wholly owned subsidiary of Overseas Uranium Resources Development Company Ltd., for cash payments of up…
Cameco loses $65M in Q2
Cameco (TSX: CCO; NYSE: CCJ) is planning to restart its Cigar Lake mine in northern Saskatchewan in early September, the Canadian uranium major announced. The restart of the mine, which…
US markets hit all-time highs, July 23-27
Spot gold prices fell US$$5.20 over the period at US$1,223.95 per oz. in the face of continued strength in the greenback. The Philadelphia Gold and Silver Index dropped 2.78 points…
Fission Uranium’s Triple R deposit continues to grow
Despite uranium prices at decade lows and three years of belt-tightening, Fission Uranium (TSX: FCU; US-OTC: FCUUF) has increased the indicated resource at its Triple R deposit by 8% and the overall…
US equity indexes move higher, Jan. 22-26
The Dow Jones Industrial Average advanced 2.09% to 26,616.71 and the S&P 500 Index gained 2.23% to 2,872.87. The Philadelphia Gold & Silver Index jumped 2.66% to 90.31 on the…