The biggest global mining news of 2023
The mining world was pulled in all directions in 2023: the collapse of lithium prices, furious M&A activity, a bad year for cobalt and nickel, Chinese critical mineral moves, gold’s…
NexGen Energy
Follow the money: Mapping $285.2M in uranium financings in the Athabasca Basin
As uranium spot prices continue to climb and hit US$86.35 per lb. in late-December while demand for the energy metal increases, exploration is heating up in Canada’s uranium hotspot of…
NexGen updates at-the-market equity program to $500M for Rook I
NexGen Energy (TSX: NXE; NYSE: NXE; ASX: NXG) is updating its at-the-market equity program to sell up to $500 million worth of common shares from treasury. The company intends to…
Uranium sector ‘scrambling’ to fill supply gap
The price of uranium will hit triple-digits for the first time since 2007 as nations weaning off oil and seeking energy security deplete nuclear fuel supplies, the world’s largest investment…
NexGen Rook I uranium project wins Saskatchewan OK
Saskatchewan granted NexGen Energy (TSX: NXE; NYSE: NXE; ASX: NXG) environmental approval for its Rook I uranium project in the province’s far north, the first such authorization in two decades,…
IsoEnergy closes $36.6M private placement for uranium hunt
IsoEnergy (TSXV: ISO; US-OTC: ISENF) has closed its previously announced private placement raising $36.6 million to continue its hunt for economic uranium deposits. The company issued about 8.1 million subscription…
NexGen Energy’s shares rise as Rook I moves to next stage in EA process
NexGen Energy (TSX: NXE; NYSE: NXE; ASX: NXG) has advanced its Rook I uranium project through a significant step in its environmental review. The company submitted the final provincial Environmental Impact…
Canada’s Top Ten base metals and uranium companies
As the push for green energy gathers more momentum, demand for the metals that go into zero-emission technologies is rising while uranium spot prices have seen a steady climb since January. Here’s a…
American indexes on the front foot during May 29-June 2 trading week
The Dow Jones Industrial Average added 580.28 points or 1.8% to 33,673.62 and the S&P 500 gained 87.7 points or 1% over the week to 4,293.13. Among the top gainers…
NexGen, Fission power ahead at Rook I, PLS uranium projects
Two uranium projects in Saskatchewan’s Athabasca basin moved closer to construction this week, with NexGen Energy (TSX: NXE; NYSE: NXE; ASX: NXG) reporting strong interest from lenders in funding its…
F3 Uranium shares rise on high-grade results from Patterson Lake North
F3 Uranium (TSV: FUU) has released strong initial assay results on Monday from winter drilling at its 100% owned Patterson Lake North (PLN) property in northern Saskatchewan. This 20-hole program…
Energy Metals Snapshot: Eight companies to watch
As zero-emissions technologies continue to develop, demand is steadily rising for uranium, nickel, lithium, copper and graphite. Here’s a glimpse of eight companies exploring for or mining the energy metals. Baselode Energy …