Uranium stocks Articles

Canadian miner wants its uranium project in Niger solar-powered

Jan. 30, 2019, 6:30 AM / MINING.com Staff

GoviEx Uranium (TSXV: GXU) is studying the possibility of powering its flagship Madaouela project in northern Niger using a dedicated and renewable hybrid solar power solution.GoviEx management is working with Windiga Energy and the companies have signed a memorandum of understanding to determine if the idea is feasible.Windiga is Canadian energy developer focused on building, owning and operating...Read More

Bannerman Resources highlights positive uranium industry outlook as it updates DFS

Jan 30, 2019 / Amanda Ellis

Bannerman Resources Ltd (ASX:BMN) (OTCMKTS:BNNLF) expects RC drilling results back from a campaign near its proposed Etango uranium processing plant in Namibia this quarter as the company continues to progress an update to the definitive feasibility study for its flagship project.The company that regularly has its share price track with the uranium price, posted its quarterly reports to market tod...Read More

URANIUM: Fission advances PLS toward feasibility

January 30, 2019 / Canadian Mining Journal

Longitudinal representation of the Triple R uranium deposit. (Image: Fission Uranium)SASKATCHEWAN - Fission Uranium of Kelowna, B.C., is advancing the Triple R deposit at its Patterson Lake South property to the feasibility stage. Twenty-eight geotechnical holes are to be drilled as part of the resource development phase of work. Work is to begin the first week of February.Fission laid out its pro...Read More

Is Global Atomic Stephen Roman's next big thing?

January 30, 2019 / Canadian Mining Journal

Serial mine builder and financier Stephen Roman cut his teeth working for Denison Mines (TSX: DML), the uranium company built by his father.After starting there as a miner at the age of 19, he spent the next 25 years at the uranium producer before striking out on his own in 1990-1991.Roman went on to build several mines in the gold space, the most recent, Harte Gold's (TSX: HRT; US-OTC: HRTFF) Sug...Read More

Rethinking mining strategies among the top-10 global trends to shape 2019

Jan. 29, 2019, 6:00 AM / Cecilia Jamasmie

Mining companies need to determine how to operate in a market that is also characterized by rising stakeholder demands, a widening talent gap, dwindling access to key inputs such as energy and water, and a Chinese economy growing at under 7%, rather than 12%, just to mention some challenges. (Image courtesy of Codelco | Flickr.)2019 could go down in history as the year mining companies stopped anc...Read More

Jan 28 Uranium Week: utilities on the move

Jan 29 2019 / Greg Peel

Weekly Reports |Jan 29 2019Utility interest is building in the uranium market both for term deliveries and spot market purchases.-US nuclear generation set to decline-Kazakhstan cuts production and exports-Spot price moving upBy Greg PeelThe US Energy Administration last week published its 2019 Annual Energy Outlook, which projects US energy markets through to 2050. The report suggests the US will...Read More

Berkeley Energia updates on Salamanca project & highlights uranium mkt strength

Jan 24, 2019 / Jamie Ashcroft

Berkeley Energia Ltd (LON:BKY) shares jumped on Wednesday as the group updated on its progress with the Salamanca uranium project and highlighted that the fundamentals for uranium mining remain "very strong".In its latest quarterly report, the company said that spot uranium price continued to strengthen during the quarter, rising 4% to US$28.5 per pound by the end of the three months."The fundamen...Read More

NexGen begins feasibility drilling at Arrow deposit

Jan. 22, 2019, 2:17 PM / Canadian Mining Journal Staff

NexGen Energy is embarking on the largest drill program in its history at the Rook I project in the Athabasca Basin. Approximately 125,000 metres is planned, the results from which will be used in a bankable feasibility study for the Arrow uranium deposit.There are three objectives:Convert high grade indicated resources to measured. The high grade indicated resource is currently 2.9 million tonnes...Read More

To meet climate goals, world urged to reuse natural resources

Jan. 22, 2019, 9:44 AM / Reuters

KUALA LUMPUR - More of the billions of tonnes of materials the world uses each year must be recycled and reused to keep climate change in check, researchers said on Tuesday.Only about a tenth of the nearly 93 billion tonnes of materials utilised annually - including minerals, metals, fossil fuels and biomass - are currently put back into service, said a report by Amsterdam-based social enterprise...Read More

Jan 21 Uranium week: no show

Jan 22 2019 / Greg Peel

Weekly Reports |Jan 22 2019Uranium market participants were left frustrated last week when US government officials failed to provide a section 232 update.-Uranium spot price unchanged-No update on section 232-Utility demand evidentBy Greg PeelWelcome to the first FNArena Uranium Week report for 2019.We left 2018, just before Christmas, noting that activity in uranium markets typically slows to a c...Read More

URANIUM: NexGen begins feasibility drilling at Arrow deposit

January 22, 2019 / Canadian Mining Journal

Planned surface infrastructure for the Arrow uranium mine. (Image: NexGen Energy)SASKATCHEWAN - NexGen Energy is embarking on the largest drill program in its history at the Rook I project in the Athabasca Basin. Approximately 125,000 metres is planned, the results from which will be used in a bankable feasibility study for the Arrow uranium deposit.There are three objectives:Convert high grade in...Read More

Greenland Minerals largest shareholder forms JV in China ..

Jan 22, 2019 / Berkay Erkan

Greenland Minerals Ltd (ASX:GGG) largest shareholder Shenghe Resources Holding Co Ltd has formed a joint venture (JV) company with subsidiaries of China National Nuclear Corporation (CNNC).Shenghe will hold 45% of the JV company China Nuclear Sheng Mining Ltd which will be the designated agent for Shenghe for the import, export and trading of rare earth materials that carry radionuclides.Participa...Read More

Groundbreaking! America's new quest for mineral independence

Jan. 21, 2019, 1:46 PM / Canadian Mining Journal Staff

What happens when a geologist and an author whose chief interest is California's Silicon Valley get together to take a look at the United States' dependence on foreign supplies of critical minerals? The result is a long hard look at how our southern neighbour failed to take advantage of its mineral resources. Instead the authors say that the reliance on foreign supply has created a national securi...Read More

Record $93B private capital flows into natural resources

Jan. 18, 2019, 2:43 PM / Frik Els

Markets went into a tailspin in the second half of 2018. File image.Private capital tracker Preqin says in an update that contrary to expectations, 2018 was another bumper year for the industry, particularly for natural resources investments.Fundraising by unlisted funds for investment in natural resources - oil and gas, timberland, farmland, water and mines - set a fresh record in 2018 and is lik...Read More

Spey Resources betting on vanadium

Jan. 17, 2019, 7:03 AM / MINING.com Staff

Spey Resources (CSE: SPEY) announced that it has entered into an option agreement with Geoxplor Corp. to acquire a 100% interest in the Uravan vanadium-uranium project located in the La Sal area of San Juan County, Utah.Under the terms of the agreement, the Canadian miner has to pay the exploration company $310,000 cash, issue 3.5 million common shares, and make an additional payment of $1 million...Read More

China's slowdown is miners' single biggest fear this year - report

Jan. 17, 2019, 5:00 AM / Cecilia Jamasmie

An economic slowdown in China, consumer of about half the world's commodities, is the single biggest challenge for the mining and metals sector in 2019. (Image courtesy of Liebherr.)A worsening of the ongoing economic slowdown in China, consumer of about half the world's commodities, is the single biggest challenge mining and metals companies face this year, a new survey of senior executives shows...Read More

Latin American Minerals poised for expl. at Ontario uranium & rare earth property

Jan 15, 2019 / Giles Gwinnett

Latin American Minerals Inc (CVE:LAT) told investors it plans to complete a geophysical exploration program on its Butt township property in Ontario, Canada and has inked a contract with Generic Geo Inc, which will manage the work.The property, prospective for uranium and rare earths, has never been drilled, but several historical trenching and small-scale mining operations have occurred there.Not...Read More

Peninsula Energy on track to achieve full-year uranium production guidance

Jan. 14, 2019, 10:15 AM / Proactive Investors USA & Canada

Australia's Peninsula Energy Ltd (ASX:PEN) is on track to achieve its production guidance of 90,000 to 110,000 pounds U3O8 (triuranium octoxide) at the Lance Uranium Projects in Wyoming, US for the financial year ending June 30, 2019.The company's production during the December 2018 quarter was 20,364 pounds of U3O8, slightly below the quarterly guidance range of 22,500 to 27,500 pounds U3O8 set i...Read More

Production falloff could lead to a uranium market rebound

Jan. 14, 2019, 8:00 AM / Bloomberg News

The uranium market has significantly struggled since the Fukushima accident in 2011, which caused the nuclear power industry to retrench.Uranium was trading at US$70 per pound before Fukushima and has traded precipitously down since then, hitting US$19.60 at one point in 2017. At those levels, some analysts estimate 95 per cent of uranium mines are underwater cost-wise.Fortunately, thanks to a cou...Read More

Peninsula Energy on track to achieve full-year uranium production guidance

Jan 14, 2019 / Tharun George

Peninsula Energy Ltd (ASX:PEN) is on track to achieve its production guidance of 90,000 to 110,000 pounds U3O8 (triuranium octoxide) at the Lance Uranium Projects in Wyoming, US for the financial year ending June 30, 2019.The company's production during the December 2018 quarter was 20,364 pounds of U3O8, slightly below the quarterly guidance range of 22,500 to 27,500 pounds U3O8 set in May 2018.&...Read More