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Mega Uranium Announces Further Investments in Toro Energy Ltd. and International Consolidated Uranium Inc.

June4, 2021Toronto, Canada (June 4, 2021) - Mega Uranium Ltd. (MGA: TSX) is pleased to announce that it has participated in the recently closed equity financings of Toro Energy Limited (ASX: TOE; "Toro Energy") and International Consolidated Uranium Inc. (TSXV: CUR; "Consolidated Uranium"), two publicly-listed issuers engaged in uranium e...

Mega Uranium Announces Results of Annual Shareholder Meeting

March 30, 2021Toronto, Ontario (March 30, 2021) - Mega Uranium Ltd. (TSX: MGA) announces the results of its annual shareholder meeting held earlier today. Each of the nominees listed below was elected as a director by a show of hands of the majority of shareholders. The results of the shares voted in person or by proxy in respect of the...

Sep 8 Uranium Week: 2019 Nuclear Generation Near Record Highs

Weekly Reports |Sep 08 2020The uranium price slide continues, despite nuclear power programs advancing in America and China.-Nuclear generation reached a near-record high in 2019-Weekly spot prices fall just under one percent-Nuclear power plants advanced in America and ChinaBy Mark Woodruff.Nuclear generation reached a near-record high i...

Company Press Releases

Global Atomic Announces 2022 Results

Dasa Uranium Project On Schedule to Produce Yellowcake in Q1 2025 TORONTO, March 31, 2023 /CNW/ - Global Atomic Corporation ("Global Atomic" or the "Company"), (TSX: GLO) (OTCQX: GLATF) (FRANKFURT: G12) announced today its operating and financial results for the year ended December 31, 2022. HIGHLIGHTS Dasa Uranium...

ELYSEE Announces Management Changes

Vancouver, British Columbia--(Newsfile Corp. - March 31, 2023) - Elysee Development Corp. (TSXV: ELC) (FSE: QLDN) (the Company) announces management changes that include the retirement of Stuart Rogers as President and Director of the Company and the appointment of Thibaut Lepouttre as a Director, effective immediately. Mr. Guido Cloeten...

Akwaaba Mining Announces Results of 2022 Annual General and Special Meeting of Shareholders

Vancouver, British Columbia--(Newsfile Corp. - March 31, 2023) - Akwaaba Mining Ltd. (TSXV: AML) ("Akwaaba" or the "Company") is pleased to report that all matters placed before the shareholders at its Extended 2022 Annual General and Special Meeting held on March 31, 2023 were approved. Number of DirectorsShareholders approved setting th...

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Uranium Mining News

Uranium Mining Market 2020 Business Insights – Rio Tinto ...

Global Uranium Mining Market Report 2020-2026 provides insightful data about business strategies, qualitative and quantitative analysis of

GoviEx to appeal cancelled uranium license in Zambia

Due to the smaller scale and higher cost nature of the two deposits, they were scheduled to be mined in the later stages of the PEA and were not

“No Uranium Bailout”

Thousands of abandoned uranium mines still dot the American Southwest, where domestic uranium mining is concentrated. A recent University of

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Rick Rule on Uranium: Early means wrong, unless...

Rick Rule on Uranium: Early Means Wrong, Unless...You have a 5-stock portfolio where the worst company goes 22:1In an exclusive Q&A session for Sprott Private Wealth clients, Rick Rule shared his thoughts on the uranium market and explained why speculators shouldn't worry too much about being early.Transcript (edited for readability)Rick: Let's begin with a general discussion of the resource market. Those of you-and I assume that most of the Canadian clients of Sprott have fairly broad backgrounds and resource equities. Those of you who do have that background will understand that these markets are extremely cyclical and extremely volatile. I don't think I need to remind too many of you that the period 2011 through the end of 2015 featured a truly brutal bear markets in natural resource eq...

Palisade's top 3 uranium stock picks for 2017

Why do mining legends Rick Rule, Doug Casey, and Marin Katusa obsess over uranium when it is such a small component of the commodity market?Billionaires Mark Cuban and Robert Friedland have their chips stacked in the trade. Even Hong Kong's richest man Li Ka-shing is making a bet that uranium prices are set for an epic comeback.So what makes uranium so appealing? Let's break it down into five main points.#1 - It Does Not Get More Contrarian2016 has been a strong year for many commodities. The price of vanadium is up 88%, iron ore 86%, even zinc is up a whopping 61%! The Bloomberg Commodity Index, which measures a basket of indexes is up 11%.Yet, uranium, which started the year at $32/lb, fell to nearly $18 per pound by November, 2016. This is despite the fact that demand for uranium is exp...

Uranium up!

Uranium has made a decided move up in the last few sessions. Could this be the start of something big?Perhaps. The Broker Average Price (BAP) of uranium is up 19.3% in the last three days, including a 9% move on Tuesday night that represented the biggest one-day uptick in 2.5 years. The BAP finished today at US$22 per lb. U3O8, up $1.38 per lb. on the day.We quote the BAP when talking daily moves because the spot price is only reported weekly. Its last number came out on Monday at $18.75 per lb. The BAP is calculated from the daily bids and offers as posted by two major uranium market players and it is the only estimate available for daily changes in the spot uranium price.You can see the moves in the BAP in this table of prices, bids, and offers.The moves come off last week's new 12-year...

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