Investors should heed growing supply after uranium’s recent runup
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…
Paladin Energy
Boss Energy’s rebooted Honeymoon uranium mine in Australia counts days to first metal
Boss Energy (ASX: BOE) is two weeks away from producing its first drums of uranium as it restarts its Honeymoon mine in New South Wales, Australia, after low metal prices…
Lotus Resources eyes 2025 Malawi uranium mine restart
Australia-based Lotus Resources (ASX: LOT; US-OTC: LTSRF) is on track to revive the mothballed Kayelekera uranium mine in Malawi by late 2025 while it works to tap into the longer…
Uranium hits new post-Fukushima high
The spot price of uranium continues to rise, boosted by pledges to triple nuclear power by mid-century, supply hiccups from producers such as Cameco (TSX: CCO; NYSE: CCJ) and the looming…
Namibia greenlights Bannerman’s Etango uranium project
Bannerman Energy (ASX: BMN) said on Friday it had received the mining licence for its flagship Etango uranium project in western Namibia, Africa’s biggest producer of the ore. Bannerman said…
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…
Paladin becomes sole owner of Michelin uranium project in Labrador
Shares in Australia’s Paladin Energy (ASX: PDN) rose Wednesday after the company announced it had increased its interest in the Michelin uranium project, in Labrador to 100% from 75% previously. As…
Uranium market gathers momentum – towards a supply shortfall
After a dozen years in the doldrums, uranium prices are on the rise, supported by real growing demand and support for nuclear power, as well as geopolitical concerns. While in…
Paladin Energy adds more offtake orders ahead of Langer Heinrich restart
Paladin Energy (ASX: PDN) has added another four provisional offtake agreements to its order book as it prepares to restart the Langer Heinrich uranium mine in Namibia by the first…
Top Australian capital raises seek to create mining value
Australia-headquartered miners have been tapping the capital markets in the year to July 14 to raise a total of US$2.33 billion in capital, according to an analysis by the Northern…
Australia Snapshot: Eight companies to watch
Call it cross-pollination: Mining companies in Australia are taking up projects in Canada and Canadian mining companies are enthusiastic about projects in Australia. Here are eight companies to watch. FOCUS…
Uranium holding companies offer alternative to producers
The uranium spot price has hovered around US$25 ($32.86) per lb. over the better part of the last year and long-term pricing is at the US$32 per lb. level. The…