Uranium stocks Articles

Uranium Investing - Uranium Stocks, Mining Companies, Prices and News

Sep 16, 2019 / Staff reporter

Top Gainers$(document).ready(function() { $('.ChangePercentActive .spanPercent').trigger('click'); });ExchangeSymbolChartCurPricechg | %First Quantum MineralsTSXFMCAD11.000.979.67Uranium EnergyNYSE-MKTUECUSD1.020.044.02Westwater ResourcesNASDAQWWRUSD3.180.103.25Ur-EnergyTSXURECAD0.800.022.56TEPCOTSE9501JPY553.0010.001.84Top Decliners$(document).ready(function() { $('.ChangePercentActive .spanPerc...Read More

Aug 26 Uranium week: activity reawakens

Aug 27 2019 / Greg Peel

Weekly Reports |Aug 27 2019News that Kazakhstan intends to extend production reductions through 2021 sparked a return to buying interest in both the spot and term uranium markets last week.-Kazatomprom extends production cuts-Market interest returns after a dead August to date-No new Japanese restarts in 2019By Greg Peel"Kazatomprom does not expect to return to full production until a sustained ma...Read More

URANIUM: Positive ISR test at Denison's Wheeler River

August 27, 2019 / Canadian Mining Journal

Proposed site plan for the Wheeler River uranium project in Saskatchewan. (Image: Denison Mines)SASKATCHEWAN - Denison Mines of Toronto says the test results of in situ recovery of uranium from the Wheeler River project are positive. Denison is the 90% owner and operator of the project located in the eastern part of the Athabasca Basin, and JCU (Canada) Exploration Co. holds the remaining 10%.The...Read More

'Logic and law will prevail' says Plateau CEO on Peru claims dispute

August 26, 2019 / Jean Lian

Plateau Energy Metals (TSXV: PLU) has lost its appeal to overturn a decision by the Instituto Geolgico Minero y Metalrgico (INGEMMET) to cancel 32 of its 149 concessions in Peru. INGEMMET is an agency under Peru's Ministry of Energy and Mines (MINEM).The 32 concessions represent 231 sq. km, or less than 25%, of Plateau's 930-sq.-km land package in Peru. Of the 32 concessions, one affects the Falch...Read More

ENVIRONMENT: Federal government pledges $2.2B for mine cleanup in North

August 20, 2019 / Canadian Mining Journal

The aurora borealis over Great Bear Lake where several old mine sites on the eastern shore are to be remediated. (Image: Reuters)YELLOWKNIFE, NWT - The federal government has announced it will invest $2.2 billion over the next 15 years for the cleanup of various mine sites in the Yukon and Northwest Territories.The announcement was made by the Hon. Carolyn Bennett, Minister of Crown-Indigenous Rel...Read More

URANIUM: Fission hits high grades at several areas of PLS

August 14, 2019 / Canadian Mining Journal

The shallow Triple R uranium deposit stretches over 3.18 km and has the potential to grow. (Image: Fission Uranium)SASKATCHEWAN - Fission Uranium of Kelowna, B.C., has received the assays from the winter 2019 drill program at the Patterson Lake South property in the southwest rim of the Athabasca Basin. The company says the results confirm the potential to expand the high grade uranium resources a...Read More

Aug 7 Uranium week: empty market

Aug 06 2019 / Greg Peel

Weekly Reports |Aug 06 2019Traders are the only ones playing the uranium market at present as the August summer break begins.-Court appeal against Yeelirrie rejected-Utilities remain on sidelines-Uranium prices going nowhereBy Greg PeelNews from the Australian uranium market last week is that the Western Australian Court of Appeal has dismissed an attempt to overturn state approval for the Yeelirr...Read More

Jul 30 Uranium week: stalled again

Jul 30 2019 / Greg Peel

Weekly Reports |Jul 30 2019With section 232 uncertainty finally put to rest, nuclear utilities remain out of the market as they prepare submissions for the president's nuclear Working Group.-No utility interest for spot uranium last week-Rush on to prepare submissions-Cameco to continue with spot purchasesBy Greg PeelIt was hoped that once the section 232 decision was settled one way or the ot...Read More

URANIUM: Fission to prepare PEA for underground only option at PLS

July 23, 2019 / Canadian Mining Journal

The location of the Triple R deposit on the rim of the Athabasca Basin. (Image: Fission Uranium)SASKATCHEWAN - Fission Uranium of Kelowna, B.C., is looking at an underground only option for mining its Patterson Lake South property on the southwest edge of the Athabasca Basin. Potential benefits of such a plan include low operating costs, lower capex and reduced construction time - all of which add...Read More

Yellow Cake posts quarterly NAV update, sees positive developmts in uranium mkt

Jul 22, 2019 / Alastair Ford

Yellow Cake PLC (LON:YCA) has reported a net asset value of 218p per share as at 30 June 2019.The valuation is derived primarily from a holding of 9.2mln pounds of physical uranium, worth US$24.70 at prevailing spot prices, but acquired at an average price of US$21.8 per pound.WATCH: Price pullback gives Yellow Cake good opportunity to acquire additional uraniumThe total portfolio valuat...Read More

URANIUM: Cameco awarded $40.3m in damages in TEPCO contract dispute

July 15, 2019 / MINING.COM Staff

SASKATOON, Sask. - A tribunal of international arbitrators ruled in favour of Cameco Corporation in the miner's contract dispute with Tokyo Electric Power Company Holdings, TEPCO.According to a corporate press release, the tribunal rejected TEPCO's assertion that it had the right to terminate its uranium supply agreement alleging force majeure, and awarded damages to Cameco of $40.3 million. Damag...Read More

Peninsula Energy moving towards low pH operations at Lance uranium projects

Jul 03, 2019 / Tharun George

Peninsula Energy Ltd (ASX:PEN) has confirmed that no public comments were submitted for the pre-decisional State Decision Document prepared by the Uranium Recovery Program (URP) within the Wyoming Department of Environmental Quality (WDEQ).BackgroundIn April 2019, the WDEQ URP completed its review of the low pH amendment request of Peninsula's Source Materials License (SML) for the Lance Projects...Read More

Jul 2 Uranium week: still waiting

Jul 02 2019 / Greg Peel

Weekly Reports |Jul 02 2019The uranium market is left hanging as Trump's 232 decision is again postponed and not yet rescheduled.-US section 232 decision postponed indefinitely-Uranium term prices rise-Rio Tinto's Rossing sale approvedBy Greg PeelPresident Trump was due to be briefed by US Department of Commerce officials on its recommendation regarding the section 232 petition two weeks ago but t...Read More

Global geopolitics sideswipe African uranium miners

June 27, 2019 / John Cumming

The global uranium mining market in the 2010s took a hit from the Fukushima nuclear disaster in Japan in 2011 - which cut global uranium demand some 10% for many years - and the simultaneous ramping up of low-cost uranium production out of Kazakhstan that has transformed the country into the world's largest uranium producer.Thanks to the massive devaluation of the Kazakhstan tenge currency in 2014...Read More

URANIUM: Denison tests in situ recovery for Wheeler River

June 26, 2019 / Canadian Mining Journal

The Wheeler River camp where Denison is advancing the mine toward production as early as 2022. (Image: Denison Mines)SASKATCHEWAN - Toronto-based Denison Mines Corp. is testing in situ recovery at the Wheeler River uranium project this summer. The ISR tests will help determine the viability of using it for commercial production at Wheeler River, which would be the first uranium mine in Canada to...Read More

US Dept. of Commerce recommends uranium quota: Bloomberg report

June 26, 2019 / Trish Saywell

Shares of Energy Fuels (TSX: EFR) and Ur-Energy (TSX: URE) moved higher on a report from Bloomberg that the U.S. Department of Commerce is recommending that Washington take measures to protect domestic uranium production.The June 20 article, quoting three anonymous sources briefed on the matter, said the commerce department believes that the U.S. reliance on uranium imports poses a national securi...Read More

GOLD:Blackrock to grow Silver Cloud project

June 26, 2019 / MINING.COM Staff

NEVADA - Blackrock Gold announced that, together with its namesake U.S. subsidiary, it has entered into a purchase agreement for 20 mining claims directly adjacent to its Silver Cloud project in Elko County.Silver Cloud is a 4,537-hectare claim block located near the confluence of the Carlin Trend and the Northern Nevada Rift within the north-central part of the Silver State.In a press release, t...Read More

Mega Uranium Ltd. Sells Langer Heinrich Royalty & Invests in Uranium Royalty Corp

Jun 26, 2019 / Staff reporter

June 26, 2019NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATESToronto, Canada (June 26, 2019) - Mega Uranium Ltd. (MGA: TSX) announces that it has sold its royalty on the Langer Heinrich uranium project in Namibia (the "Royalty") to Uranium Royalty Corp. ("URC") for $1,625,000, following the exercise by URC of its option on the Royalty. URC issued...Read More

URANIUM: Purepoint brings fresh look to Smart Lake JV

June 25, 2019 / Canadian Mining Journal

Location map of Purepoint's western Athabasca projects. (Image: Purepoint Uranium)SASKATCHEWAN - Toronto-based Purepoint Uranium Group is preparing for the restart of exploration at the Smart Lake joint venture in the southwest portion of the Athabasca Basin. This is a partnership of Purepoint (27%) and Cameco Corp. (73%)Purepoint has been active at the Hook Lake project and the Patterson Lake cor...Read More

JUn 25 Uranium week: postponed

Jun 25 2019 / Greg Peel

Weekly Reports |Jun 25 2019Uranium markets were dead quiet last week in anticipation of a possible decision from President Trump regarding 232, but they will have to wait another week.-Trump briefing postponed-Spot price unchanged-The UK goes greenBy Greg PeelPresident Trump was due to meet with top advisors on Thursday to be briefed on the Department of Commerce recommendation regarding the petit...Read More