Trump order boosts nuclear energy but kinks remain
Nuclear energy’s comeback from the doldrums after the Fukushima disaster of 2011 is riding a solid spot price wave and also potential traction from a Trump administration bid to re-classify…
Nuclear energy’s comeback from the doldrums after the Fukushima disaster of 2011 is riding a solid spot price wave and also potential traction from a Trump administration bid to re-classify…
Chinese artificial intelligence company DeepSeek is making a splash in the tech world with downloads surpassing ChatGPT’s, pushing major tech stocks down, while prices of uranium – which could help…
Inkai LLP had to temporarily suspend its production activity since 1 January due to absence of required approvals.
Cameco’s (TSX: CCO; NYSE: CCJ) Inkai joint venture project in Kazakhstan has suspended uranium production because of a bureaucratic holdup, the Canadian producer said Thursday. The in-situ recovery JV, in…
The price of uranium will rebound from its lowest level in a year as supply shortages, nuclear energy’s promise for clean energy and president-elect Donald Trump’s America-first security stance provide…
The world’s top producer boosted production 6% year-on-year in the first half of the year.
Kazakhstan, the world’s largest producer of uranium, is increasing its mining tax on the nuclear fuel by at least 50% next year. The central-Asian country is to raise the rate…
Uranium prices surged from just over US$50 per lb. in April 2023 to more than US$100 per lb. by January 2024. Since then, there has been a moderate pull-back; uranium…
The world’s top uranium producer, Kazatomprom (LSE: KAP), reported a 10% increase in production in its first quarter results, while sales were down by more than a half compared to…
Cameco (TSX: CCO; NYSE: CCJ) shares fell 7% Tuesday after first quarter results showed net losses of $7 million. The uranium major’s adjusted net earnings fell 51% to $56 million, a…
The company is preparing additional mines in Colorado and Wyoming for expected production within one year.
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…
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