Uranium stocks Articles

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

URANIUM: ALX Uranium wants a piece of the Close Lake project

March 4, 2019 / MINING.COM Staff

SASKATCHEWAN - Canada's ALX Uranium signed a non-binding letter of intent this week with Orano Canada, a subsidiary of France's Orano Group.The letter refers to the possible acquisition by ALX of a 51% participating interest in the Close Lake uranium project located in the eastern Athabasca Basin area of northern Saskatchewan. This is the same province that hosts the Hook-Carter project, where the...Read More

Big picture for uranium changing for the better

Mar. 2, 2019, 10:08 AM / Globe and Mail

After years of hoping and waiting, things may be finally looking up for the world's uranium mining sector."The outlook for the uranium market has, without a doubt, significantly improved over the past year," says the Bank of Nova Scotia's report on energy released in mid-January. It's not a perfect picture yet, but the balance between supply and demand appears to be moving gradually toward more st...Read More

ALX Uranium wants a piece of the Close Lake project in Saskatchewan

Mar. 1, 2019, 6:53 AM / MINING.com Staff

Canada's ALX Uranium (TSXV: AL) signed a non-binding letter of intent this week with Orano Canada, a subsidiary of France's Orano Group.The letter refers to the possible acquisition by ALX of a 51% participating interest in the Close Lake uranium project located in the eastern Athabasca Basin area of northern Saskatchewan. This is the same province that hosts the Hook-Carter project, where the Van...Read More

Canada's mining sector at a crossroads - report

Feb. 28, 2019, 2:26 PM / MINING.com Editor

Canada's mining sector is going through dramatic change, but the industry remains bullish on growth, KPMG International's latest Global Mining Risk Report finds.While recent merger and acquisition transactions have raised concerns about the future of Canada's mining sector, domestic firms remain optimistic about growth opportunities. Canadian stock exchanges are the global leader in mining financi...Read More

Bannerman defines satellite dep. potential in drilling at Etango uranium

Feb 28, 2019 / Berkay Erkan

Bannerman Resources Limited (ASX:BMN) has completed reconnaissance drilling of the Ombepo and Rssingberg targets at its Etango Uranium Project in Namibia.The results from Ombepo have indicated thick zones of Etango-style uranium mineralisation with the potential for higher-grade blocks, confirming the possibility for a satellite feed for Etango. Drilling comprised eight reverse circulation (R...Read More

Boss Resources completes phase one opt. tests at Honeymoon uranium project

Feb 28, 2019 / John Miller

Boss Resources Limited (ASX:BOE) has completed the first phase of an optimisation test work program, which forms part of the company's restart strategy for the Honeymoon Uranium Project in South Australia.Results from the test work will be included in a definitive feasibility study examining the Honeymoon restart, which is due for completion in the third quarter of 2019.These results highlight&nbs...Read More

Blue Sky calls Ivana PEA positive

Feb. 27, 2019, 2:19 PM / Canadian Mining Journal Staff

Vancouver-based Blue Sky Uranium Corp. has announced positive results from the preliminary economic assessment of its Ivana uranium-vanadium deposit. The deposit is part of the company's Amarillo Grande project in the Rio Negro Province.The PEA calls for an open pit mine that will produce both uranium and vanadium for 13 years. The pre-production capex will be $128.1 million including $28.3 millio...Read More

Mining stocks rally as copper price hits 7-month high

Feb. 20, 2019, 1:03 PM / Frik Els

On Wednesday, hopes that an escalation of the trade war between the US and China can been avoided (or at least postponed) sparked a massive rally in mining stocks - already buoyed by climbing metals prices.US President Donald Trump said yesterday he may not increase tariffs on Chinese products on March 1, as talks about the trading relationship between the world's two largest economies continue in...Read More

Mining companies operating in Sub-Saharan Africa should invest in renewable energy - report

Feb. 20, 2019, 6:44 AM / MINING.com Staff

A report published by Fitch Solutions states that due to the prevalence of off-grid remote mineral deposits in Sub-Saharan Africa and the fact that traditional grid-power tends to be unreliable in those mines, mining companies operating in the region should invest in renewable energy.According to the market research firm, off-grid mines could benefit from reducing their dependency on diesel while...Read More

BHP urges miners to create global body to oversee tailings dams

Feb. 19, 2019, 3:20 AM / Cecilia Jamasmie

BHP, the world's largest mining company, has urged peers to create an independent international body in charge of overseeing the construction, integrity and operations of tailings dams, which storage mining waste, following the second collapse of a dam in Brazil in the past three years."As an industry, we now have to redouble our efforts to make sure events like this simply cannot happen," Chief E...Read More

URANIUM: NexGen advances Arrow feasibility at Rook I

February 14, 2019 / Canadian Mining Journal

Proposed surface facilities for the Rook I property. (Image: NexGen Energy)SASKATCHEWAN - NexGen Energy of Vancouver has compiled a report on the pilot holes for shaft development and additional exploration drilling of the Arrow uranium deposit at its Rook I project near Patterson Lake in the Athabasca Basin.Three shaft pilot holes were drilled to between 650 and 702 metres and within a 6-metre su...Read More

Feb 13 Uranium week: It's not easy being green

Feb 12 2019 / Greg Peel

Weekly Reports |Feb 12 2019With a Democrat majority in the House, US energy policy may up for greener scrutiny. But will nuclear be a part?-US uranium production well down in 2018-Cameco production well down in 2018-US uranium market overwhelmed by red tapeBy Greg PeelThe US produced 345,425lbs U3O8 equivalent in the December quarter 2018, down -35% on the September quarter and -45% on December 20...Read More

World's top uranium miner Cameco in no hurry to resume production

Feb. 11, 2019, 3:30 AM / Cecilia Jamasmie

Canada's Cameco (TSX:CCO) (NYSE:CCJ), the world's largest publicly traded uranium miner, is in no rush to resume production at its idled operations due to "ongoing challenging and uncertain" uranium market conditions.The Saskatchewan-based miner indefinitely shut last year its flagship McArthur River mine - the world's biggest - and also the Key Lake mill, which has helped the market. But while th...Read More

Minerals Council of Australia calls for tax, workplace law reform

Feb. 10, 2019, 12:46 PM / Valentina Ruiz Leotaud

The Minerals Council of Australia published a report titled The Next Frontier: Australian Mining Policy Priorities where it asks the government to advanced a revived tax reform that removes barriers that hinder the growth of the country's mining sector.According to the Council, such reform would encourage additional investment in capital and technology."Australia should have strong tax integrity r...Read More

Vancouver junior acquires Temple Mountain vanadium property in Utah

Feb. 7, 2019, 6:29 AM / MINING.com Staff

First Division Ventures (CSE: FDIV) announced this week that it has entered into an Assignment and Property Option Agreement with Geoxplor Corporation of Arizona, for the option to acquire a 100% interest in the Temple Mountain property in Utah.In a media statement, First Division said Temple Mountain occupies 435 hectares and is located in Emery county, 34 kilometres north of the town of Hanksvil...Read More

UxC's Nick Carter expects uranium's 'gradual upward movement'

February 5, 2019 / Canadian Mining Journal

Nicolas Carter is an executive vice-president of uranium at UxC LLC, one of the nuclear industry's market research and analysis companies. Carter has 21 years of nuclear industry experience. He manages and coordinates uranium consulting projects and products, including The Ux Weekly, Uranium Market Outlook, Uranium Suppliers Annual and Uranium Production Cost Study. During his career he has provid...Read More

Fission Uranium advances PLS toward feasibility

Jan. 30, 2019, 2:34 PM / Canadian Mining Journal Staff

Fission Uranium of Kelowna, B.C., is advancing the Triple R deposit at its Patterson Lake South property to the feasibility stage. 28 geotechnical holes are to be drilled as part of the resource development phase of work, which is set to begin the first week of February.Fission laid out its program: 13 holes will be drilled in the Ring Dyke and Cuff-Off wall. Three holes will examine rock mechanic...Read More