Uranium stocks Articles

Ranger uranium mine closure to cost over $200m more than expected

Jan. 11, 2019, 9:17 AM / Cecilia Jamasmie

Energy Resources of Australia (ERA) is reviewing "all funding options" to pay for the full closure and rehabilitating of its Ranger uranium mine, after studies showed the cost would be almost A$300 million (about $213m) higher than previous estimates.Delivering is fourth quarter results, the company said the rise in costs was largely due to expenditures associated with additional water treatment,...Read More

Denison outlines 2019 exploration plans

Jan. 9, 2019, 9:50 AM / Canadian Mining Journal Staff

Denison Mines Corp., headquartered in Toronto, has announced details of its $6-million exploration spending plans this year. Targets at Wheeler River, Waterbury Lake, and Hook-Carter properties - all in the Athabasca Basin - will be diamond drilled. At Wheeler River the drill program includes about 13,500 metres in 23 holes.At Wheeler River the drill program includes about 13,500 metres in 23 hole...Read More

Vancouver miners kick off diamond drilling program in Saskatchewan

Jan. 9, 2019, 6:58 AM / MINING.com Staff

ALX Uranium (TSXV: AL) and Denison Mines (TSX: DML) announced today they've just launched a winter diamond drilling program at the Hook-Carter uranium project located in the southwestern Athabasca Basin of Saskatchewan, Canada.The project, which is owned 80% by Denison and 20% by ALX, consists of 80 claims covering 24,229 hectares and is located approximately 375 kilometres northwest of the town o...Read More

URANIUM: Denison outlines 2019 exploration plans

January 9, 2019 / Canadian Mining Journal

The camp at Denison's flagship Wheeler River uranium project. (Image: Denison Mines)SASKATCHEWAN - Denison Mines Corp., headquartered in Toronto, has announced details of its $6-million exploration spending plans this year. Targets at Wheeler River, Waterbury Lake, and Hook-Carter properties - all in the Athabasca Basin - will be diamond drilled.At Wheeler River the drill program includes about 13...Read More

Anfield Energy inks deal to acquire uranium projects in Wyoming and Colorado

Jan 08, 2019 / Giles Gwinnett

Anfield Energy Inc (CVE:AEC, OTCQB:ANLDF) told investors it had significantly expanded its uranium and vanadium portfolios with the acquisition of two projects.The Burnaby, Canada based resource group has inked an asset purchase agreement (APA) with Cotter Corp to acquire the Charlie ISR uranium project in the Pumpkin Buttes uranium district in Johnson county, Wyoming.READ: Anfield Energy hails la...Read More

Energy Fuels resumes vanadium production at White Mesa mill in Utah

Jan 07, 2019 / Dennis Fitzgerald

Energy Fuels Inc. (NYSEAMERICAN:UUUU) (TSE:EFR) said Monday that it has resumed vanadium production at its White Mesa mill in Utah and is preparing for increased uranium production.The Lakewood, Colorado-based company said in a press release that in December, it began an effort to recover vanadium pentoxide from tailings pond solutions at White Mesa related to mineral processing. This month, the c...Read More

MINING.com top 10 most read in 2018

Dec. 31, 2018, 9:48 AM / MINING.com Editor

As three of the most popular posts in 2018 on MINING.com cover battery materials, it is evident that the attention of the mining industry has shifted. As always, reads for the gold market follow closely behind.Interestingly enough, our 3rd place article on the list of top 10 reads was first published at the start of 2017. You know it's a good read when a story makes the list two years in a row.#1...Read More

Peninsula Energy begins low pH uranium recovery field demonstration

Dec 28, 2018 / Tharun George

Peninsula Energy Ltd (ASX:PEN) has initiated field demonstration activities for low pH in-situ recovery (ISR) at its Lance Uranium Projects in Wyoming, US.Peninsula's managing director and CEO Wayne Heili said: "The start of the field demonstration marks another important milestone in our planned transition to low pH operations at the Lance Projects."This significant effort by the company is inten...Read More

Mega Uranium Ltd. Closes Final Tranche of Private Placement

Dec 24, 2018 / Staff reporter

December 24, 2018NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATESToronto, Canada (December 24, 2018) - Mega Uranium Ltd. (MGA: TSX) is pleased to announce the closing today of the final tranche of its previously announced non-brokered private placement (the "Financing"), pursuant to which the company raised additional aggregate gross proceeds of $44...Read More

Peninsula Energy signs new toll milling deal on more favourable commercial terms

Dec 24, 2018 / Tharun George

Peninsula Energy Ltd (ASX:PEN) has signed a new uranium toll milling agreement for the Lance Projects in Wyoming, US with its existing toll milling service provider Uranium One Americas, Inc.The agreement commences on January 1, 2019 and has an initial term of 5 years with the ability for Peninsula to extend the term at its option for an additional 5-year period thereafter. Since production o...Read More

UEX releases maiden resource for Christie Lake JV

Dec. 19, 2018, 2:31 PM / Canadian Mining Journal Staff

SASKATCHEWAN - UEX Corporation has released the maiden resource estimate for its 60% owned Christie Lake uranium joint venture. JCU (Canada) Exploration Co. is the 40% owner of the project located 9 km northeast of and along strike of the McArthur River uranium mine in the Athabasca Basin.The project is still in the early stages, and the drill holes were widely spaced, but the inferred resource is...Read More

URANIUM: UEX releases maiden resource for Christie Lake JV

December 19, 2018 / Canadian Mining Journal

The exploration camp at the Christie Lake uranium property. (Image: UEX Corp.)SASKATCHEWAN - UEX Corporation has released the maiden resource estimate for its 60% owned Christie Lake uranium joint venture. JCU (Canada) Exploration Co. is the 40% owner of the project located 9 km northeast of and along strike of the McArthur River uranium mine in the Athabasca Basin.The project is still in the earl...Read More

Skyharbour cuts high grades at Maverick zone on Moore project

Dec. 18, 2018, 2:23 PM / Canadian Mining Journal Staff

SASKATCHEWAN - Fifteen kilometres from the rapidly advancing Wheeler River project, Vancouver's Skyharbour Resources is finding high grades at the Moore uranium project.Drill hole ML18-14 intersected high grade uranium mineralization within the Main Maverick zone consisting of 3.11% uranium oxide over 1.8 metres within an interval of 15.2 metres containing 0.56% uranium oxide. This is one of the b...Read More

URANIUM: Denison to move Wheeler River forward

December 18, 2018 / Canadian Mining Journal

The 2019 exploration drilling plan for the Wheler River uranium project. (Image: Denison Mines Corp.)SASKATCHEWAN -Denison Mines Corp. and its partners in the Wheeler River uranium joint venture have agreed to spend $10.3 million to advance the project next year. A major undertaking will be to initiate the environmental assessment and engineering studies.The target of this activity will be the Pho...Read More

URANIUM: Skyharbour cuts high grades at Maverick zone on Moore project

December 18, 2018 / Canadian Mining Journal

A map of Skyharbour's uranium projects in the Athabasca Basin. (Image: Skyharbour Resources)SASKATCHEWAN - Fifteen kilometres from the rapidly advancing Wheeler River project, Vancouver's Skyharbour Resources is finding high grades at the Moore uranium project.Drill hole ML18-14 intersected high grade uranium mineralization within the Main Maverick zone consisting of 3.11% uranium oxide over 1.8 m...Read More

IOCG: New ramp at BHP's Olympic Dam doubles capacity

December 18, 2018 / Canadian Mining Journal

AUSTRALIA - BHP Group has commissioned the new ramp at its Olympic Dam iron ore-copper-gold mine, and it doubles the haulage capacity for its trucks. The Kalta decline is key to reaching the Southern mine area where BHP is mining high grade copper resources.BHP spent A$250 million to develop the Southern mine area, and another $40 million on the ramp. The first ore from the area was produced in mi...Read More

Dec 18 Uranium week: playing to script

Dec 18 2018 / Greg Peel

Weekly Reports |Dec 18 2018December typically sees a pre-Christmas squaring up among uranium market participants. Last week was no exception.-End of year squaring-Spot price unchanged-Market in balance By Greg PeelIn this, FNArena's final Uranium Week for 2018, we note industry consultant TradeTech's weekly spot price indicator remains unchanged at US$29.00/lb. This is despite solid volume of 1mlb...Read More

Mega Uranium Ltd. Closes First Tranche of Private Placement

Dec 17, 2018 / Staff reporter

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATESToronto, Canada (December 17, 2018) - Mega Uranium Ltd. (MGA: TSX) is pleased to announce the closing today of the first tranche of its previously announced non-brokered private placement (the "Financing"), pursuant to which the company raised aggregate gross proceeds of $1,310,000 from the issuance an...Read More

Mega Uranium To Restate Financial Statements

Dec 14, 2018 / Staff reporter

Toronto, Canada (December 14, 2018) -- Mega Uranium Ltd. (TSX: MGA) announces that it will be restating its audited annual financial statements for the year ended September 30, 2017 (the "2017 Annual Statements") and its interim financial statements for the first three quarters of the 2016, 2017 and 2018 financial years (the "Interim Statements"). The restatements are all due to deferred tax acco...Read More

Hook Lake JV to spend $3m for 2019 exploration

Dec. 12, 2018, 2:43 PM / Canadian Mining Journal Staff

The partners in the Hook Lake uranium joint venture have approved a 2019 exploration budget of $3 million. Situated within the Patterson Uranium District, Hook Lake is owned jointly by Cameco Corp. (39.5%), Orano Canada (39.5%) and Purepoint Uranium Group (operator and holder of a 21% interest).This year's program includes 6,600 metres of diamond drilling by two rigs. Seven holes will test targets...Read More