Uranium stocks Articles

Denison selects low-cost ISR method for Wheeler River project

Sep 26, 2018 / Mariaan Webb

Uranium company Denison Mines has selected the low-cost, in-situ recovery (ISR) mining method for the development of the high-grade Phoenix deposit at the Wheeler River project, marking the first deposit identified for ISR mining in Canada’s Athabasca basin.The company decided on ISR mining following the evaluation of 32 alternate mining methods to replace the high-cost jet bore mining syste...Read More

Denison Mines flags first deposit for ISR mining in the Athabasca basin

Sep. 25, 2018, 3:06 PM / MINING.com Editor

Denison Mines (TSX: DML) named the in-situ recovery (ISR) mining method for the development of the Phoenix deposit at the Saskatchewan Wheeler River uranium project, in the heart of the Athabasca basin.Canada's Athabasca Basin has become the prime destination for high-grade uranium, with grades in excess of 100 times global averages, Canada's Athabasca Basin has become the prime destination for hi...Read More

Sep 24 Uranium week: another one bites the dust

Sep 25 2018 / Greg Peel

Weekly Reports |Sep 25 2018America's oldest nuclear reactor shut down last week. Meanwhile, the spot uranium price continues to rise.-Oyster Creek shuts down-IAEA has a warning for governments-Uranium spot price marches ever onwardBy Greg PeelIn December 1964, construction began on the Oyster Creek nuclear power plant in New Jersey. In 1969, the reactor was connected to the grid. Last week, Oyster...Read More

URANIUM: Denison publishes PFS for Wheeler River

September 25, 2018 / Canadian Mining Journal

The Wheeler River uranium project includes two deposits - Phoenix and Gryphon. (Image: Denison Mines)SASKATCHEWAN - Denison Mines Corp. of Toronto has the results of the pre-feasibility study for its flagship Wheeler River uranium project in the Athabasca Basin. The PFS considers simultaneous development of the Phoenix and Gryphon deposits.The high grade Phoenix deposit is amenable to in situ reco...Read More

URANIUM: More high grades from Fission's PLS

September 25, 2018 / Canadian Mining Journal

The Fission camp at Patterson Lake South. (Image: Fission Uranium)SASKATCHEWAN - Fission Uranium of Kelowna, B.C., has drilled nine more high grade holes at its Patterson Lake South uranium project near the southwest rim of the Athabasca Basin. All the holes were drilled in the R780E zone of the Triple R deposit.Here are the assay highlights:Hole PLS18-588: 50.5 metres at 8.21% uranium oxide, incl...Read More

Westwater CEO expects continued uranium price rise

Sep 24, 2018 / Creamer Media Reporter

Nasdaq-listed Westwater Resources, which owns uranium project in Texas and New Mexico, is upbeat about the uranium market and says he believes that prices will continue to rise in the near term.In a news release on Friday, CEO Christopher Jones laid out a case for higher prices detailing how spot market prices and volumes for uranium concentrate are outperforming this year.AdvertisementCiting info...Read More

From uranium to cobalt: A Canadian's miner strategy to diversify

Sep. 23, 2018, 6:00 AM / Valentina Ruiz Leotaud

Forum Energy Metals (TSXV: FMC) is expanding its portfolio. From focusing on copper and uranium in Saskatchewan, the Vancouver-based miner now wants to work on extracting a wider array of products, from precious metals to minerals aimed at supplying the EV market.This week, Forum announced that it has executed a formal agreement to acquire, for a total of $75,000, the Quartz Gulch cobalt property...Read More

Westwater Reports Increasing Strength in Uranium Market

Sep 21, 2018 / Staff reporter

Westwater's CEO Message lays out case for higher Uranium pricesCENTENNIAL, Colo., September 21, 2018 - Westwater Resources, Inc. ("Westwater," or the "Company") (Nasdaq: WWR), an energy materials development company, is pleased to share a message from Christopher Jones, its President and CEO.Dear Fellow Shareholders -Our analysis of the current uranium market has brought several positive developme...Read More

Sep 18 Uranium week: on the rise

Sep 18 2018 / Greg Peel

Weekly Reports |Sep 18 2018The spot uranium price is now 50% above its 12-year low.-IAEA warns of nuclear capacity decline-Spot price continues uptrend-Toro Energy excited by test resultsBy Greg PeelA report released last week by the International Atomic Energy Agency warns that global nuclear power generating capacity is at risk of declining over coming decades as ageing reactors are retired and...Read More

Westwater Forms Key Business Relationships to Further Pilot Plant Development and Production Facility

Sep 17, 2018 / Staff reporter

Supports Goal of Battery-Graphite Purification & Post Processing Plant in next 24 MonthsRelationships Enhance Development of Westwater's Three Graphite Products for Commercial SalesCENTENNIAL, Colo., September 17 2018 - Westwater Resources, Inc. ("Westwater," or the "Company") (Nasdaq: WWR), an energy materials development company, is pleased to announce that it has engaged two expert organization...Read More

Westwater Successfully Produces Battery Ready Graphite

Sep 17, 2018 / Staff reporter

CENTENNIAL, Colo., September 6, 2018 - Westwater Resources, Inc. ("Westwater," or the "Company") (Nasdaq: WWR), an energy materials development company, is pleased to announce that it has successfully produced more than 4 kilograms of its Purified Micronized Graphite ("PMG"). This Made-in-the-USA product is used as a conductivity enhancement material for rechargeable lithium ion batteries, non-re...Read More

Spain's nuclear watchdog requests more info on Berkeley uranium mine

Sep. 14, 2018, 10:52 AM / Reuters

MADRID, Sept 14 (Reuters) - Spain's nuclear watchdog CSN has asked Australian mining company Berkeley Energia for more information on its plans for a uranium mine in Salamanca, on which work is due to begin later this year, the regulator said on Friday. The project, which would become the European Union's only open-cast uranium mine if given the go-ahead, has faced local opposition since it was pr...Read More

Spain's nuclear watchdog requests more info on Berkeley uranium mine

Sep 14, 2018 / Reuters

MADRID – Spain's nuclear watchdog CSN has asked Australian mining company Berkeley Energia for more information on its plans for a uranium mine in Salamanca, on which work is due to begin later this year, the regulator said on Friday.The project, which would become the European Union's only open-cast uranium mine if given the go-ahead, has faced local opposition since it was proposed...Read More

MIT study suggests nuclear power crucial to future as uranium price hits 2-year high

Sep. 13, 2018, 9:47 AM / Oz Financial

Last week, 2.4 million pounds of uranium changed hands according to industry consultant TradeTech.At $26.70/lb, the uranium spot price reached a 2-year high and at that price, it meant roughly $64 million dollars changed hands over uranium.All of this comes after the price appeared to have bottomed out after dropping to $18.00/lb in November 2016 and having seen a steady rise since, including gain...Read More

Energy Fuels improves debt position by paying off Wyoming bond

Sep 12, 2018 / Giles Gwinnett

Energy Fuels Inc (TSE:EFR) (NYSE:UUUU) continues to improve its balance sheet and has now paid off its Wyoming debt.The uranium group has repaid and retired the entire outstanding principal of its Wyoming industrial development revenue bond amounting to US$8.3mln, it told investors.WATCH: Energy Fuels boosts working capital posit ion in second quarter"We believe reducing debt and avoiding future i...Read More

Sep 11 Uranium week: two year high

Sep 11 2018 / Greg Peel

Weekly Reports |Sep 11 2018Solid uranium spot market volume last week saw the spot price rise to a two-year high.-Solid volumes support prices-MIT weighs into nuclear debate-Section 232 inefficientBy Greg PeelLast week saw uranium market participants attending the annual World Nuclear Association Symposium in London. Aside from the usual crowd representing producers, utilities and intermediaries,...Read More

Electric cars give new life to mine excavated for nuclear power

Sep. 10, 2018, 9:41 AM / Bloomberg News

Demand for a new generation of electric vehicles is breathing life into an Alpine mine that was originally excavated to feed an Austrian nuclear industry that never materialized.The developer of the site in Wolfsberg, European Lithium Ltd., is planning to move its primary stock listing to Austria from Australia in anticipation of transforming the site into the continent's biggest producer of the l...Read More

Uranium spill near Columbia shows need for better monitoring, containment

Sep. 10, 2018, 4:20 AM / Post-Courier

The Nuclear Regulatory Commission (NRC) has rightly reopened an investigation into whether radioactive material that seeped into the soil beneath a Westinghouse fuel rod plant southeast of Columbia presents an environmental hazard.The spilled uranium has the potential to seep into groundwater and contaminate ponds, creeks and possibly the Congaree River, which is about 3 miles away from the plant....Read More

Leaders in raising mining capital in 2017

Sep. 6, 2018, 11:49 AM / Vladimir Basov

Adequate financing is crucial for companies, especially for those working in such a capital-intensive industry as mining. Very few companies working in the Mining & Metals sector, even those with producing assets, can finance their operating, capital, exploration, development, and other expenses with cash-flow generated by commodity sales and other revenue-generating activities.A majority of minin...Read More

Uranium supply crunch may be just around the corner - experts

Sep. 6, 2018, 6:30 AM / Cecilia Jamasmie

Production cuts, halted projects and operations, as well as renewed interest from investors has helped drive uranium prices up by 30% in the past four months, but experts remain cautious about the long-term outlook for the commodity.Decade-low prices have had a negative effect on the profitability of existing mines and a devastating effect on the capacity of early-stage projects to raise the neces...Read More