T.UEX: More High-Grade Cobalt Encountered at West Bear

UEX Corporation (UEX:TSX) (“UEX” or the “Company”), through its 100%-owned subsidiary, CoEX Metals Corporation (“CoEX”) is pleased to announce the third tranche of assay results have been received for fourteen additional holes from the Phase 1 winter drilling program on the 100%-owned West Bear Cobalt-Nickel Prospect, located in the eastern Athabasca Basin of northern Saskatchewan. …

T.DML: Reports Expansion Of The Huskie Zone With Intersection Of 4.5% U3O8 Over 6.0 Metres

Toronto, ON – April 25, 2018 Denison Mines Corp. (“Denison” or the “Company”) (DML: TSX, DNN: NYSE American) is pleased to report the expansion of the Huskie zone with the receipt of chemical assay (“U3O8 ” ) results from the Company’s winter 2018 diamond drilling program on the 64.22% owned Waterbury Lake project. The winter …

Uranium Carry Trade Retains Competitive Edge With Nuclear Utilities

Andrea Jennetta , Contributor Financial carry trade uranium deals still offer the cheapest supply source for nuclear utilities in 2019-2022. Paladin CEO Alexander Molyneux said last week that such contracts “remain the most competitive source of supply” for uranium fuel buyers, despite indications from the U.S. Federal Reserve that interest rates will rise four times this year for …

German power plant lobby sees tighter nuclear power supply by 2023

FRANKFURT (Reuters) – German power companies see a potential gap between conventional electricity supply and demand by the early 2020s, urging policymakers to help investors plan better by rewarding conventional capacity and speeding power grid expansion. “Existing overcapacity will not just disappear completely within a few years. What’s more worrying is that we will run …

Russia Puts Planned Retaliation for U.S. Sanctions on Slow Track

Russia slowed moves on a sweeping proposal for anti-American economic retaliation unveiled by lawmakers last week, even as the U.S. plans another round of sanctions over the Kremlin’s backing of the Syrian government. “We will organize meetings with the business community, with companies,” Vyacheslav Volodin, speaker of the lower house of parliament, told reporters Monday, announcing the …

V.PTU: Completes Winter Program at Hook Lake Project

Toronto, Ontario – April 20, 2018– Purepoint Uranium Group Inc. (the “Company” or “Purepoint”) (TSX.V: PTU) today announced the completion of the latest winter program at its Hook Lake Project, a joint venture between Cameco Corporation (39.5%), Orano Resources Canada Inc. (39.5%) and Purepoint (21%) in the Patterson Uranium District, Saskatchewan Canada. A total of …