Sprott uranium buying hits milestone
It’s retail therapy this quarter for the Sprott Physical Uranium Trust (TSX: U.U for USD; U.UN for CAD) which this week bought 250,000 lb. of uranium oxide (U3O8) as part…
Kazatomprom
Kazatomprom plans 9% uranium output rise this year
Kazatomprom (LSE: KAP), the world’s top uranium producer, forecasts output will rise about 9% to 71.5 to 75.4 million lb. this year compared to last year. The increase is mostly…
Uranium entering multi-year bull market: report
The global uranium market is entering a “tipping point” where sustained demand for the energy fuel and supply constraints could lead to a significant price rally in the coming years,…
Uranium price has drive, big holder Sprott says
The uranium market has momentum on its side as it looks to end 2025 on a strong note, with several catalysts lined up to fuel a sector seen as critical…
Cameco posts ‘surprising’ lower output estimate
Cameco (TSX: CCO; NYSE: CCJ) has cut this year’s production forecast for its main McArthur River uranium mine by significantly more than BMO Capital Markets envisioned, which it said could…
Sprott buys 50,000 lb for $5B uranium trust
The Sprott Physical Uranium Trust’s (TSX: U.U for USD; U.UN for CAD) holdings now total about 68.6 million lb. of uranium after it bought 50,000 lb. of the energy metal this week…
Cobalt Holdings drops London IPO plans
Metals investor Cobalt Holdings has dropped plans to list this month on the London Stock Exchange, cancelling what would’ve been that market’s biggest initial public offering in mining since 2018….
Kazakhstan to build on $1B in investments
Kazakhstan, the world’s largest uranium producer, wants to diversify its mining sector and build on $1 billion (C$1.4 billion) in private investment over the past five years, a conference in…
London’s biggest mining IPO since 2018 concerns cobalt
Metal investment company Cobalt Holdings is targeting June for an initial public offering (IPO) in what would potentially be the mining industry’s largest stock debut in London since before the…
Uranium: Where claims are hottest now
Uranium has had its ups and downs on the spot market over the last few years. Surging demand and supply constraints elevated the price to a 17-year high in early…
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…
Uranium price falls as DeepSeek disrupts tech
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…