Could Cameco suspension kick-start the uranium sector?

Cameco Corp. [CCO-TSX; CCJ-NYSE] is temporarily suspending production at its Cigar Lake uranium mine in northern Saskatchewan. It said the move is a safety precaution that stems from the threat posed by the Coronavirus [COVID-19] pandemic. Cameco is one of the world’s leading uranium producers. Cigar Lake is the globe’s largest operating uranium mine and …

T.CCO Suspending Production at Cigar Lake Mine

Cameco (TSX: CCO; NYSE: CCJ) announced today that it is temporarily suspending production at its Cigar Lake uranium mine in northern Saskatchewan and placing the facility in safe care and maintenance mode due to the threat posed by the Coronavirus (COVID-19) pandemic. There are no confirmed cases of COVID-19 among Cameco’s workforce at the present …

U.UEC provides corporate update

Uranium Energy Corp (NYSE American: UEC, the “Company” or “UEC”) is providing an update on measures the Company has taken to address the safety of its employees in response to COVID-19 and the proactive steps being taken to lower operating expenses and adjust timing on capital expenditures. For the protection of our employees, we have …

T.DML Announces Temporary Suspension of Wheeler River Environmental Assessment Amidst COVID-19 Disruptions

Denison Mines Corp. (“Denison” or the “Company”) (DML: TSX, DNN: NYSE American) announced today a temporary suspension of activities related to the environmental assessment (“EA”) for the Company’s 90% owned Wheeler River Uranium Project (“Wheeler River” or the “Project”).  An important element of the EA process is the completion of extensive in-person engagement and consultation activities …

V.ISO intersects 4.0m of 20.5% U3O8 in drill hole LE20-40

IsoEnergy Ltd. (“IsoEnergy” or the “Company”) (TSXV: ISO; OTCQX: ISENF) is pleased to report additional results from the winter 2020 drilling program at the Hurricane zone.  The Hurricane zone is a new discovery of high-grade uranium mineralization on the Company’s 100% owned Larocque East property (the “Property”) in the Eastern Athabasca Basin of Saskatchewan (Figure …

ROSATOM develops cooperation with the Republic of Bangladesh

Alexey Likhachev, Director General of ROSATOM met with Prime Minister Sheikh Hasina Wazed in the People’s Republic of Bangladesh. During the meeting, the Parties discussed issues of bilateral cooperation while development and use of nuclear energy for peaceful purposes. The delegation visited Rooppur NPP, the site for construction of the first Nuclear Power Plant in …