Uranium stocks Articles

NexGen finds high radioactivity in first holes of 2019

Mar. 28, 2019, 3:58 PM / Canadian Mining Journal Staff

Vancouver-based NexGen Energy has been busy with feasibility stage drilling at its 100% owned Rook I property in the Athabasca Basin.In the A2 sub-zone, the emphasis is on converting indicated to measured resources. Nineteen closely spaced drill holes (9.0 to 16.7 metres) successfully intersected the sub-zone. In the shear only, composite and off-scale radioactivity results were routinely measured...Read More

URANIUM: NexGen finds high radioactivity in first holes of 2019

March 28, 2019 / Canadian Mining Journal

Drilling at the Rook I uranium project in the Athabasca Basin. (Image: NexGen Energy)SASKATCHEWAN - Vancouver-based NexGen Energy has been busy with feasibility stage drilling at its 100% owned Rook I property in the Athabasca Basin.In the A2 sub-zone, the emphasis is on converting indicated to measured resources. Nineteen closely spaced drill holes (9.0 to 16.7 metres) successfully intersected th...Read More

Thor Mining adds gold and uranium focused companies to Australian portfolio

Mar 27, 2019 / Calum Muirhead

Thor Mining PLC (LON:THR) has acquired two gold and uranium focused companies in Australia in a move to expand its operations portfolio in the country.The exploration firm, which already has a portfolio of assets in tungsten, molybdenum, copper, and other metals, said it had acquired Pilbara Goldfields Pty Limited (PGL) and Hamersley Metals Pty Limited (HML), which together hold interests in two g...Read More

Mega Uranium Announces Results of Annual & Special Shareholder Meeting

Mar 27, 2019 / Staff reporter

March 27, 2019Toronto, Ontario (March 27, 2019) - Mega Uranium Ltd. (TSX: MGA) announces the results of its annual and special shareholder meeting held earlier today. Each of the nominees listed below was elected as a director by a show of hands of the majority of shareholders. The results of the shares voted in person or by proxy in respect of the election of each director are:NomineeShares Vot...Read More

The mining industry has had it easy for far too long - opinion

Mar. 26, 2019, 10:26 AM / Bloomberg Opinion

When should modern Americans care about legislation signed into law by President Ulysses S. Grant? When it causes deep environmental damage, deprives the federal treasury of billions, privileges one industry over others, practically gives away public lands, and hasn't been significantly altered in almost 150 years.The law in question is the General Mining Act of 1872, which governs the harvesting...Read More

Mar 25 Uranium week: sellers becoming urgent

Mar 26 2019 / Greg Peel

Weekly Reports |Mar 26 2019The spot uranium price continues to slide as sellers are met with stalled demand.-U3O8 spot price continues to fall-Honeymoon may not be over-Upheaval in KazakhstanBy Greg PeelThe US Department of Commerce is due to submit its section 232 recommendations to the president on April 14. The president then has months to consider a response. All things being equal, it appears...Read More

Berkeley Energia awaiting final appr. to kick off const. of Salamanca uranium mine

Mar 26, 2019 / Jon Hopkins

Looking to develop world-class uranium project in SpainSalamanca Project has near surface, high-grade depositsStrong financial position with A$100mln in cash on balance sheet at end-December What Berkeley Energia does:Berkeley Energia Limited (LON:BKY) (ASX:BKY) is developing a world-class uranium project in a historic mining area in western Spain, about three hours west of Madrid.F...Read More

Peninsula Energy on track for comm.-scale low-pH uranium at Lance prjts in 2019

Mar 26, 2019 / Amanda Ellis

One of two key regulatory approvals for low-pH uranium extraction has been receivedA pilot phase is in progress and is expected to continue in the June quarterCommercial-scale low-pH uranium extraction will reduce Peninsula's per-pound costs, pushing the uranium group down the cost curveWhat does Peninsula Energy do?Peninsula Energy Ltd (ASX:PEN) specialises in uranium production in the US state o...Read More

CanAlaska Uranium to buy past-producing nickel mine in Manitoba

Mar. 25, 2019, 6:58 AM / MINING.com Staff

CanAlaska Uranium (TSXV: CVV) agreed today to go ahead with the purchase of 100% of the past-producing Manibridge nickel mine in the Thompson Nickel Belt, Manitoba, central Canada.The mine is currently owned by Pure Nickel (TSXV: NIC). To acquire it, CanAlaska has to issue Pure Nickel 300,000 shares and 100,000 2-year warrants exercisable at $0.28/share, and pay $25,000.The Manibridge Mine claims,...Read More

Taxes and royalties paid by Australian miners equivalent to Federal Government education spending

Mar. 19, 2019, 7:02 AM / MINING.com Staff

A report published by Deloitte Access Economics reveals that Australian mining companies paid A$30.6 billion in company tax and royalties in 2017-18 - the equivalent of all Federal Government spending on Australian schools, universities and vocational training.According to the report, the dollar amount paid in company taxes over the past couple of years surpasses that of 2011-12, which was the pea...Read More

Bannerman Resources responds to ASX query on price and volume increase

Mar 18, 2019 / Tharun George

Bannerman Resources Ltd (ASX:BMN) received a query from the ASX today related to the company's shares rising from 3.9 cents at the close of trading on Monday, March 11 to a high of 5 cents today.The ASX also noted the significant increase in the volume of Bannerman securities traded over the last few days.Bannerman responded to the query explaining that it was not aware of any information that had...Read More

U.S., Brazil could collaborate on nuclear reactors - Brazil energy minister

Mar. 15, 2019, 12:25 PM / Reuters

WASHINGTON - The United States and Brazil could work together to build small nuclear reactors, as South America's largest economy prepares to open uranium mining and related areas to foreign investment, Brazil's mines and energy minister told Reuters on Friday.Brazil is preparing legislation that would clear the way for both private and foreign investment in prospecting and mining for uranium in t...Read More

American Battery Metals ready to drill at Utah vanadium project

Mar. 14, 2019, 6:41 AM / MINING.com Staff

American Battery Metals (CSE: ABC) announced that later this month it will start an exploration program at its Temple Mountain vanadium property in Emery County, Utah.With $1.5 million in funding, the campaign will be comprised of radon geophysical surveying, trenching and sampling, and reverse circulation drilling of 10 holes for 3,000 feet.According to American Battery Metals, the geophysical su...Read More

Fission Uranium hits good grades outside high grade zone

Mar. 12, 2019, 2:42 PM / Canadian Mining Journal Staff

Fission Uranium of Kelowna, B.C., is pleased with the results from three holes of its winter work program at the Patterson Lake South uranium property in the Athabasca Basin. The holes were dual purpose: to expand resources outside the modeled high grade zone and to collect geotechnical information for mine planning.The three holes were drilled in the R780E zone. Results include hole PLS19-PW-09,...Read More

URANIUM: Fission hits good grades outside high grade zone

March 12, 2019 / Canadian Mining Journal

Fission is hard at work on the feasibility study for mining the Triple R uranium deposit in Saskatchewan. (Image: Fission Uranium)SASKATCHEWAN - Fission Uranium of Kelowna, B.C., is pleased with the results from three holes of its winter work program at the Patterson Lake South uranium property in the Athabasca Basin. The holes were dual purpose: to expand resources outside the modeled high grade...Read More

Should we rethink nuclear power?

Mar. 10, 2019, 10:52 AM / Oilprice.com

While it seems to fly in the face of everything we believe and have been taught about nuclear power, it may actually be the safest form of power production that we have. Ironically, the immense potency of the power of splitting an atom is simultaneously what makes nuclear weapons so dangerous as well as what makes nuclear power so safe. Despite high-profile nuclear disasters like Chernobyl in Ukra...Read More

Kazatomprom uranium sales jump 65%

Mar. 6, 2019, 12:48 AM / Reuters

Kazakh uranium miner Kazatomprom expects further revenue growth this year on higher prices, it said on Wednesday after posting a 112 percent jump in 2018 adjusted net profit on higher sales volumes and prices.London-listed Kazatomprom's net income adjusted for one-off transactions stood at 66.8 billion tenge (about $177 million), it said in a statement.The world's biggest uranium miner said it exp...Read More

Deep Yellow begins final leg of 12,000-m drilling prgm at Reptile Uranium project

Mar 05, 2019 / Jessica Cummins

Deep Yellow Limited (ASX:DYL) has started the final 3,000-metre leg of a 12,000-metre reverse circulation (RC) drilling program aimed at increasing resources at the Reptile Uranium Project in Namibia.The final leg, which started on March 4, has a two-fold focus:Follow-up resource drilling to test for resource upgrade of other specific uranium-rich tributaries identified in the area east of Tu...Read More

Mar 5 Uranium week: held to ransom

Mar 05 2019 / Greg Peel

Weekly Reports |Mar 05 2019The US section 232 investigation is curtailing demand in the uranium market and leading to price consolidation.-Section 232 slows activity in US uranium market-Sellers becoming anxious-Paladin Energy looks to a restartBy Greg PeelUncertainty surrounding section 232 has "frozen" the US uranium market, noted Cameco CEO Tim Gitzel at least week's Global Metals & Mining Conf...Read More

All but two Canadian provinces approve Minerals and Metals Plan

Mar. 4, 2019, 6:35 AM / Valentina Ruiz Leotaud

Canada's mining ministers, with the exception of those from Ontario and Saskatchewan, made public on Sunday the Canadian Minerals and Metals Plan or CMMP, which is expected to guide priority areas for the sector in the coming years.Among those key themes are raising Canadians' awareness of the importance of the minerals and metals sector, responding to ongoing and emerging challenges, and helping...Read More