Cameco Crash, Uranium Sector Won’t Catch a break

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Why the Green New Deal Will Send Uranium Price Through the Roof

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VIDEO — Lobo Tiggre: “Uranium is Happening Now”

Interview conducted by Charlotte McLeod; article text by Georgia Williams. The Investing News Network went live for the first time at this year’s Prospectors & Developers Association of Canada (PDAC) convention in Toronto, speaking with Lobo Tiggre, CEO of Louis James LLC, on the first day of the show. Tiggre began by sharing his best stock pick of 2018, […]

VIDEO — Mickey Fulp: Now is “Absolutely” the Time for Uranium

Interview conducted by Charlotte McLeod; article text by Georgia Williams. The Investing News Network sat down with Mercenary Geologist Mickey Fulp at this year’s Prospectors & Developers Association of Canada (PDAC) convention to gain insight into the current state and future of the uranium market. Fulp also offered his perspective on the mega deals currently dominating the […]

Resource Big News Roundup: Go Cobalt Acquires Nickel-Palladium-Platinum Project in Quebec; Gold Resource Updates Proven & Probable Reserves at Oaxaca and Nevada Units; Blue Sky Uranium Announces Positive PEA for Ivana Uranium-Vanadium Deposit

This week, the S&P/TSX Composite index (INDEXTSI:OSPTX) stayed relatively flat as investors waited for interest rate policy changes from the Bank of Canada. On Friday, the market rose due to gains in the financial and energy sectors, which gained again on the back of a rise in oil prices. The S&P/TSX Venture Composite Index (INDEXTSI:JX), […]

Azincourt Energy Closes Tranche, Raises $1,063,000 for East Preston Uranium Project, Increases Private Placement

AZINCOURT ENERGY CORP. (“Azincourt” or the “Company”) (TSXV:AAZ, OTC:AZURF), is pleased to announce that it will increase its previously announced non-brokered private placement for gross proceeds of up to C$ 1,063,000 (the “Offering”). The Offering will now consist of up to 15,000,000 non-flow-through units at a price of C$ 0.05 per unit (“NFT Unit”) and up to […]

Boss Updates Honeymoon Uranium Resource Estimate

Thanks to a 30-percent increase in its mineral resource estimate, Australian uranium explorer Boss Resources (ASX:BOE) is moving full steam ahead towards restart at its Honeymoon uranium project in South Australia. Shares of the company climbed almost 8 percent on Monday (February 25), following the positive announcement. Boss purchased the Honeymoon uranium mine in 2015. […]

Uranium Energy Receives Crucial License for Texas Project

US-based energy explorer Uranium Energy (NYSEAMERICAN:UEC) is one step closer to production at its Burke Hollow ISR project after receiving a radioactive material license from the Texas Commission on Environmental Quality. This latest license is the fourth and final permit needed by the energy company to extract uranium from the South Texas site. “This accomplishment […]

Cameco Still Cautious Despite Improved Uranium Market

Despite the spot price of uranium steadily increasing in 2018, Canada’s largest uranium producer Cameco (TSX:CCO,NYSE:CCJ) is still cautiously optimistic about the future of new projects. Depressed uranium prices in 2017 and the early part of 2018 forced Cameco to place the McArthur River mine — the country’s largest uranium mine — on care and maintenance […]

Cameco, Silex Pen Deal for Uranium Technology

Australian tech company Silex Systems (ASX:SLX) has signed a term sheet with uranium major Cameco (TSX:CCO) for the Silex laser uranium enrichment technology. The joint venture between Cameco and Silex seeks to acquire the 76 percent interest GE-Hitachi Nuclear (GEH) holds in subsidiary company GE-Hitachi Global Laser Enrichment (GLE), the current licensee of Silex’s uranium-focused […]

IsoEnergy Intersects Strong Uranium Mineralization in the First Two Follow-Up Drill Holes at the Hurricane Zone

IsoEnergy Ltd. (TSXV:ISO) is pleased to announce that it has intersected intervals of strong (>20,000 total cps on an RS-125 hand-held spectrometer) uranium mineralization at the Hurricane zone in the first two drill holes following-up last summer’s intersection in drill hole LE18-01A. The Hurricane zone is a new discovery of high-grade uranium mineralization on the Company’s […]

Paladin Exploring Potential Langer Heinrich Uranium Restart

Australia’s Paladin Energy (ASX:PDN) reported sales of 475,000 pounds of U3O8 during the December 2018 quarter, with the material going for an average price of US$ 31.41 per pound. The company, which released its quarterly activities report on Wednesday (January 16), also provided updates on its Langer Heinrich mine and its Kayelekera mine. Langer Heinrich, […]

Australia’s Ranger Uranium Mine Moves Closer to Closure

Uranium producer Energy Resources of Australia (ASX:ERA) is moving ahead with the full closure of the Ranger mine located in the Northern Territory. In addition to shutting down the uranium production, ERA is also exploring a number of rehabilitation options for the site with fellow Australian miner and parent company Rio Tinto (ASX:RIO,LSE:RIO,NYSE:RIO). In early […]

Denison on Hunt for Next High-grade Uranium Discovery

Uranium exploration and development company Denison Mines (TSX:DML,NYSEAMERICAN:DNN) will spend an estimated C$ 6 million in 2019 on several Saskatchewan-based exploration programs at assets it has dubbed high-potential properties. Denison’s exploration activities will be focused on diamond drill testing of three targets located within the Athabasca Basin, one of the most prolific uranium jurisdictions in […]

5 Top Uranium News Stories of 2018

At the end of 2017, many uranium market participants were calling for improvements in the industry — and with 2018 close to an end it’s safe to say those predictions were accurate.  Over the last year, the U3O8 spot price has risen about 40 percent, and more growth is predicted moving forward. Unsurprisingly, our most […]

CanAlaska and Cameco Join Forces on Uranium Project

Junior diversified explorer CanAlaska Uranium (TSXV:CVV) and uranium major Cameco (TSX:CCO) have teamed up to form the West McArthur joint venture (JV).   CanAlaska will serve as the majority owner with a 70-percent stake in the venture and will also take on the role of operator for the project. The focus of the newly formed […]

Paladin to Optimize Namibian Uranium Mine Ahead of Restart

Australian uranium producer Paladin Energy (ASX:PDN) has begun an optimization process at its shuttered Langer Heinrich mine in Namibia. The concept study will look for ways to enhance the site in preparation for production restart. The announcement to put Langer Heinrich on a care-and-maintenance (C&M) plan was first announced by Paladin in May. The care […]

Uranium Outlook 2019: Supply to Fall, Demand to Rise — Prices to Jump?

Uranium fared much better in 2018 than it did in 2017. Although prices started the year slowly, even experiencing a slight fall in January, they have grown steadily since March. The U3O8 spot price was at US$ 29.10 per pound as of November 26, up US$ 1.55 from October’s price of US$ 27.55, and up […]

Uranium Participation Corporation Updates Net Value

Uranium Participation Corporation  (TSX:U) has released a report updating its net asset value. According to the company value has increased to C$ 688 million. Canadian based Uranium Participation Corporation invests all of its assets in the acquisition of uranium oxide in concentrates (U3O8) and uranium hexafluoride (UF6). The company’s goal is to store its uranium […]

Uranium Trends 2018: Supply Dwindles as Demand Surges

After starting 2018 on a low note, the U3O8 spot price has grown around 40 percent to reach US$ 28.95 per pound, where it sits today. As the year ends, the Investing News Network is looking back at the main uranium trends of 2018, including long-lasting production cuts from two of the largest uranium suppliers, government […]

Top Uranium Stocks of 2018 on the TSX, TSXV and ASX

Despite U308 prices remaining flat during Q1 2018, the second quarter of year proved to be more lucrative for uranium investors. The spot price for uranium grew roughly 15 percent, from an April low of US$ 20.50 per pound to a mid-June high of US$ 23.40. The price gain is likely a result of decreased […]

Big News Roundup: Algold Files Preliminary Economic Assessment Technical Report for Tijirit; Azarga Uranium and URZ Energy Complete Merger; M2 Cobalt Confirms Two Drill-Ready Targets and Numerous High Priority Targets at Its Kilembe Area Properties

This week, the S&P/TSX Composite index (INDEXTSI:OSPTX) evened out and followed a gradual downtrend for the week. On Friday, the index opened lower due to a dip in oil prices. The S&P/TSX Venture Composite Index (INDEXTSI:JX), meanwhile, trended downwards continuing the trend of the last month. In case you missed it, here is this week’s […]