Energy Fuels Enters into Agreement to Acquire and Extinguish Royalties on its Nichols Ranch Property as well as Acquire and Hold Royalties on Nearby Operating and Permitted ISR Uranium Projects Owned by Cameco Energy Fuels Inc. (NYSE American: UUUU; TSX: EFR) (“Energy Fuels” or the “Company”), a leading producer of uranium in the United States, …
The uranium price slump has forced the world’s largest producer, Cameco, to temporarily suspend production at two key operations from next year, driving Australian uranium miners’ shares skywards. Canadian giant Cameco on Thursday said it would shutter its MacArthur River mining and Key Lake milling operations for 10 months by the end of January, pulling a significant chunk of production …
Vancouver, BC – Skyharbour Resources Ltd. (TSX-V: SYH) (OTCQB: SYHBF) (Frankfurt: SC1P) (the “Company”) is pleased to announce the Company’s option partner AREVA Resources Canada Inc. (“AREVA Resources”) has announced details for an upcoming exploration program at the Preston Lake Uranium Project located in the western Athabasca Basin near NexGen Energy Ltd.’s high-grade Arrow deposit hosted on its Rook-1 property and Fission …
Toronto, Ontario – November 9, 2017 – Purepoint Uranium Group Inc. (the “Company” or “Purepoint”) (TSX:PTU.V) today reported the staking of 6 new claims adjacent to their 100% owned McArthur East project, increasing the total size of the project to 5,600 hectares. The McArthur East property, initially adjoining Cameco’s McArthur River project to the west, …
The patience of Cameco Corp. shareholders is being testing yet again, as the Saskatchewan-based uranium producer’s latest round of quarterly earnings fell short of expectations, the company cut its dividend, and now it has decided to temporarily suspend work at two operations. The news sent Cameo shares higher, as the production cut is expected to …
Cameco (TSX: CCO; NYSE: CCJ) announced today that due to continued uranium price weakness, production from the McArthur River mining and Key Lake milling operations in northern Saskatchewan will be temporarily suspended by the end of January 2018 and that the company’s annual dividend will be reduced to $0.08 per common share in 2018. “With the …
Plateau Uranium Inc. (“Plateau Uranium” or the “Company“) (TSX VENTURE:PLU) (FRANKFURT:QG1), a Lithium/Uranium development company, is pleased to announce that it has completed a non-brokered private placement (the “Financing”). The Company issued and sold approximately 6.0 million units (“Units”) at a price of C$0.30 per Unit, raising gross proceeds of C$1.8 million. Each Unit consisted …
Purepoint Uranium Group Inc. (TSX:PTU.V) today reported the staking of 6 new claims adjacent to their 100% owned McArthur East project, increasing the total size of the project to 5,600 hectares. The McArthur East property, initially adjoining Cameco’s McArthur River project to the west, now also adjoins their Cigar Lake project to the north. These …
EIA’s International Energy Outlook 2017 (IEO2017) projects that global nuclear capacity will grow at an average annual rate of 1.6% from 2016 through 2040, led predominantly by countries outside of the Organization for Economic Cooperation and Development (OECD). EIA expects China to continue leading world nuclear growth, followed by India. This growth is expected to offset declines …
An early regulatory review may put Terrestrial Energy on track to commission the first fourth-generation reactor in North America. Canadian regulators announced that Terrestrial Energy has completed the initial phase of a design review for its molten-salt nuclear power plant, giving the Ontario-based company a small early lead in the race to commission the first …