Uranium stocks Articles

Westwater Successfully Produces Battery Ready GraphiteIndependently Verified Material Confirmed Suitable for Battery Manufacturers

Sep 6, 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

URANIUM: Denison buys Cameco's Wheeler River share

September 5, 2018 / Canadian Mining Journal

Wheeler River might be the next uranium producer in Saskatchewan. (Image: Denison Mines)SASKATCHEWAN - Denison Mines Corp. has struck a deal to acquire the 24% interest in the Wheeler River uranium project currently held by Cameco Corp. Denison will issue approximately 24.6 million shares at a deemed price of $0.65 per share, making the transaction worth about $16 million.The arrangement will give...Read More

Uranium's rally built on supply cuts, looks overcooked for now: Russell

Sep. 3, 2018, 7:14 AM / Reuters

By Clyde Russell.One of the surprise packets in the commodity space this year has been uranium, with the spot price surging 30 percent in the past four months, a stellar performance that may not be justified by current fundamentals.Uranium stood at $26 per pound on Aug. 31, up from the low so far this year of $20, hit in mid-April. The year-to-date gain is 16.6 percent, and the metal used to power...Read More

Mega Uranium Ltd. Closes Private Placement

Aug 31, 2018 / Staff reporter

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATESToronto, Canada (August 31, 2018) - Mega Uranium Ltd. (MGA: TSX) is pleased to announce the closing today of its previously announced non-brokered private placement (the "Financing"), pursuant to which the company raised aggregate gross proceeds of $1,500,000 from the issuance and sale of 13,636,364 un...Read More

Canadian miner looks for vanadium in its own backyard

Aug. 21, 2018, 5:12 PM / Valentina Ruiz Leotaud

Maxtech Ventures (CSE: MVT) is staying its course when it comes to growing within the battery metals sector particularly the vanadium subsector, as the silvery-grey element has seen spiking numbers in the past three years with prices rising by 300 per cent since 2017.Besides developing vanadium and manganese projects in Brazil and Zambia, the Vancouver-based company decided that it is now time to...Read More

Technical issue disrupts BHP's Olympic Dam copper smelter

Aug. 21, 2018, 5:30 AM / Cecilia Jamasmie

World's No.1 mining company BHP (ASX, NYSE:BHP) (LON:BLT) revealed Tuesday that ore processing at its Olympic Dam copper, gold and uranium mine in South Australia is being affected by an ongoing technical issue.Copper production at Olympic Dam is set to reach around 230,000 tonnes by 2021, but there is potential for up to 450,000 tonnes per year.Releasing annual results, the company - which spent...Read More

BHP annual profit jumps 33 percent, misses forecast

Aug. 20, 2018, 4:00 PM / Reuters

The world's biggest miner, BHP, said on Tuesday its full-year profit jumped 33 percent, helped mainly by robust oil and base metals prices.Underlying profit for the full year ended June 30 rose to $8.93 billion from $6.73 billion a year earlier. That missed an estimate of $9.27 billion according to 15 analysts polled by Thomson Reuters I/B/E/S.Underlying profit is watched by analysts and investors...Read More

Mega Uranium ltd. Increases Private Placement

Aug 17, 2018 / Staff reporter

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATESToronto, Canada (August 17, 2018) - Mega Uranium Ltd. (MGA: TSX) ("Mega") is pleased to announce that it has increased the size of its previously announced non-brokered private placement financing to up to 13,636,364 units (the "Units"), at a price of $0.11 per Unit, for aggregate gross proceeds of u...Read More

US to allow mining on land removed from monuments

Aug. 16, 2018, 3:45 AM / Cecilia Jamasmie

The US administration is not waiting to hear the results of ongoing legal challenges to President Donald Trump's order to scale back two nationals monuments, as it's moving forward with plans to allow mining and oil extraction in the newly-opened areas.Land that once belonged to the Bears Ears and Grand Staircase-Escalante national monuments, both of them in Utah, will likely be up for grabs once...Read More

Mega Uranium Ltd. Proposes Private Placement

Aug 16, 2018 / Staff reporter

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATESToronto, Canada (August 16, 2018) - Mega Uranium Ltd. (MGA: TSX) ("Mega") announces today that it is proposing to complete a non-brokered private placement to sell up to 6,818,182 units (the " Units") at a price of $0.11 per Unit, for aggregate gross proceeds of up to $750,000 (the "Financing").Each...Read More

IAEA launches easy to use digital map of world's uranium distribution

Aug. 13, 2018, 9:33 AM / International Atomic Energy Agency

The International Atomic Energy Agency (IAEA) has launched a comprehensive, online interactive and integrated digital map of the world's uranium distribution and deposits. This second edition of World Distribution of Uranium Deposits was developed with contributions from the Saskatchewan Geological Survey, the Geological Survey of South Australia and the United States Geological Survey.This editio...Read More

Peru president expects lithium, uranium mining laws passed in 6 months

Aug. 10, 2018, 11:41 AM / Reuters

PUCALLPA, Peru, Aug 10 (Reuters) - Peruvian President Martin Vizcarra told Reuters his government will likely pass laws within six months needed to tap a new lithium and uranium deposit, removing a major hurdle for Canadian miner Plateau Energy Metals' proposed $800 million mine.Plateau said last month it had found 2.5 million tonnes of high-grade lithium resources and 124 million pounds of uraniu...Read More

Westwater Resources Reports Second Quarter 2018 Operating Results

Aug 9, 2018 / Staff reporter

CENTENNIAL, Colo., August 9, 2018 - Westwater Resources, Inc. ("WWR" or "the Company") (Nasdaq: WWR), an energy materials development company, today announced its results for the second quarter of fiscal year 2018, along with a business outlook and new developments in its energy materials business.Christopher M. Jones, President and Chief Executive Officer, said, "Our continued work to diversify o...Read More

Aug 7 Uranium week: term markets on the move

Aug 07 2018 / Greg Peel

Weekly Reports |Aug 07 2018It appears a long-awaited up-tick in utility demand for term delivery contracts may be finally coming to pass in the uranium market.-Spot price up 27% year on year-Notable jump in term market demand-Paladin reaches for SummitBy Greg PeelTwo weeks ago the uranium spot price jumped on the news the US Department of Commerce would indeed investigate the US uranium production...Read More

Westwater Resources Announces Conference Call for Q2 2018 Results &Energy Minerals Business Update

Aug 2, 2018 / Staff reporter

Centennial, CO - August 2, 2018 -Westwater Resources, Inc. (NASDAQ: WWR) will hold a conference call to discuss its second quarter 2018 financial results and recent developments on Thursday, August 9, 2018 at 11:00 a.m. Eastern Time (9:00 a.m. Mountain Time).Dial-in Numbers: +1 (800) 319-4610 (U.S. and Canada) +1 (604) 638-5340 (International)Conference ID:...Read More

Prof gets 3/4 million dollars to find new ways to process uranium

Aug. 1, 2018, 4:30 PM / Valentina Ruiz Leotaud

A researcher at the University of Kansas was awarded $750,000 by the U.S. Department of Energy so that he and his team can examine several previously unexplored ways to process uranium using cheaper and safer methods than those currently employed.James Blakemore, assistant professor in the Department of Chemistry, wants to delve deeply into a study of the fundamental factors that limit how atoms m...Read More

Killed Russian journalists said to have been working on story involving mining in CAR

Aug. 1, 2018, 7:48 AM / Cecilia Jamasmie

Three Russian reporters murdered Monday in an ambush while working in the Central African Republic (CAR), were said to have been investigating the activities of a mercenary group linked to an ally of President Vladimir Putin, an exiled oil tycoon who funded their trip says.They were looking into Russian private mercenaries as well as on Russia's interests in the local diamond, gold and uranium sec...Read More

Rio Tinto down despite $7.2bn cash return to investors

Aug. 1, 2018, 3:46 AM / Cecilia Jamasmie

Shares in Rio Tinto (ASX, LON, NYSE:RIO) fell about 3% in both London and New York on Wednesday despite the world's No.2 mining company announcing it would return more than $7 billion through dividends and share buybacks.In London, Rio was down 3.21% to 4,062p by 2:00 p.m local time, while shares traded in New York dropped 3.5% in premarket, after the company said first-half profit grew 12% to $4....Read More

Jul 31 Uranium Week: price jump

Jul 31 2018 / Greg Peel

Weekly Reports |Jul 31 2018The spot uranium price saw its biggest weekly rise year to date last week but given the reasons behind it, can it be sustained?By Greg PeelThere is something rather Heller-esque about a 5% jump in the share price of Canadian uranium producer Cameco last week.In delivering its June quarter results release Cameco announced that the previously temporary suspension of operat...Read More

Caterpillar says tariffs will wipe out up to $200M

Jul. 30, 2018, 3:22 AM / Cecilia Jamasmie

Shares in Caterpillar (NYSE:CAT), the world's no.1 heavy machinery maker, retreated 2% despite posting record second quarter earnings per share Monday, while also bumping up its full-year profit forecast.The Deerfield, Illinois-based company reported an adjusted profit of $2.97 a share in the three months to June 30, compared with $1.49 a share last year. For the whole year, Caterpillar now expect...Read More