The uranium industry wants to be great again, but how long will it take?

Uranium markets have been struggling for several years, and industry commentators have been saying for awhile now that the recovery is coming. But just how close is it? From $US140 highs in 2007, prices shrunk due to the GFC and Japan’s Fukushima disaster and the industry struggled. Uranium prices 2007-2019 (Pic: Bloomberg) In 2019, there …

T.DML Reports Results from Q3 2019

Denison Mines Corp. (“Denison” or the “Company”) (DML: TSX, DNN: NYSE MKT) today filed its Unaudited Consolidated Financial Statements and Management’s Discussion & Analysis (“MD&A”) for the quarter ended September 30, 2019. Both documents can be found on the Company’s website at www.denisonmines.com or on SEDAR (at www.sedar.com) and EDGAR (at www.sec.gov/edgar.shtml). The highlights provided below are …

T.FCU files underground-only PFS report highlighting reduced footprint, lower CAPEX and faster construction

FISSION URANIUM CORP.(“Fission” or “the Company”) is pleased to announce that it has filed a technical report (the “Report”) on the Triple R Deposit at its PLS project in Canada’s Athabasca Basin, pursuant to National Instrument 43-101 “Standards of Disclosure for Mineral Projects” (“NI 43-101”). The Report summarizes the Pre-Feasibility Study (“UG PFS”), which outlines …

Innovative MYRRHA research reactor starting to take shape

The world’s first prototype of a high-power research reactor driven by a particle accelerator is taking shape with the contribution of Tractebel nuclear and urban experts. A First agreement worth 7,6 million euros for the design of buildings and utilities was signed on November 5. On November 5, the first agreement for the implementation of …

U.UEC Discovers Additional Mineralization in Production Area 1 and Installs Monitor Wells in the 2019 Burke Hollow Drilling Campaign

2019 drilling campaign advances Burke Hollow Project towards uranium extraction with additional monitor well installations Discovery of additional mineralization in new and existing trends enlarges the PAA-1 production zone Expansion of the PAA-1 monitor well ring to be completed in 2020, adding to the seventy-six monitor wells installed in this campaign Uranium Energy Corp (NYSE …

‘We expect the … [uranium] price in the fourth quarter will exceed $47/lb’

Canada-based uranium producer Cameco (TSX: CCO) has tipped higher revenue and a slightly higher realised price for its key commodity as it swung to a loss in its September quarter results. Its net loss was C$13 million (US$9.9 million) or 3c per share, compared with earnings of $28 million (US$21.3 million) and 7c respectively a …

Future supply of uranium less predictable, says Cameco

Dual-listed Cameco remains on track to achieve its guidance for the full-year and has increased its revenue target for the year. According to CEO and president Tim Gitzel, the uranium company continues to demonstrate its resilience. During the third quarter, ended September 30, Cameco continued to deliver on its strategy, and further strengthened its balance sheet …