Sprott currently manages four different commodity stockpiling funds, with more than $12 billion in assets, including: the Sprott Physical Gold Trust (PHYS), one of the world’s largest physical gold vehicles; and the Sprott Physical Silver Trust (PSLV), the fastest-growing silver bullion fund. These physical-metal strategies are listed on both the Toronto and New York stock …
The world’s first cosmic-ray muon detector developed specifically for use in industry-standard boreholes, has been deployed at Orano’s McClean Lake site in northern Saskatchewan where it will be used to image a uranium deposit. The technology developed by Canadian start-up company Ideon Technologies could transform mineral exploration. Muon tomography uses muons – naturally occurring subatomic …
Cameco (TSX: CCO; NYSE: CCJ) will issue its second quarter results before markets open on Wednesday, July 28, 2021. Cameco invites investors and the media to join its second quarter conference call with the company’s senior executives on Wednesday, July 28, 2021 at 8:00 a.m. Eastern. Cameco will discuss trends in the market and the …
Majority sees role for nuclear in reaching climate goals A recent poll has shown that about half of Swedes would consider building new nuclear power and see nuclear as a tool to achieve the country’s climate goals. According to the poll, 46% of respondents wanted to continue using nuclear power and, if necessary, build new …
Canada’s first Small Modular Reactor (SMR) project is now one step closer to reality after recently reaching a licensing milestone. Global First Power (GFP), a Canadian energy company jointly owned by OPG and USNC-Power, announced its Micro Modular Reactor™ (MMR™) Project is moving onto the next phase of licensing with the Canadian Nuclear Safety Commission …
Cameco (TSX: CCO; NYSE: CCJ) is returning its regular workforce to the Cigar Lake uranium mine in northern Saskatchewan today and planning to restart production later this week. About 230 workers were evacuated from the site on July 1 as a precaution due to the proximity of a wildfire burning in the vicinity of the …
Kazatomprom plans to maintain 2023 uranium production at a similar level to 2022, which it says would remove up to 5,000 tU from anticipated global primary supply. The Kazakh company also said its sale of a 49% share of Ortalyk LLP to a subsidiary of China General Nuclear Power Corporation (CGNP) will now be completed …
Toronto, Ontario, June 24, 2021 – Purepoint Uranium Group Inc. (TSXV: PTU) (“Purepoint” or the “Company”) today announced the commencement of a drill program at the 100%-owned Umfreville uranium project which lies on the northeastern edge of the Athabasca Basin, Saskatchewan Canada. “We have performed airborne geophysical surveys followed by geochemical surveys over select areas at …
TORONTO, June 15, 2021 – Denison Mines Corp. (“Denison” or the “Company”) (TSX: DML) (NYSE American: DNN) is pleased to announce that it has entered into a binding agreement (the “Agreement”) to acquire 50% ownership of JCU (Canada) Exploration Company, Limited (“JCU”) from UEX Corporation (“UEX”), for cash consideration of $20.5 million, following UEX’s expected acquisition …
UEX Signs Letter Agreement to Sell 50% of JCU to Denison Mines Corp. Saskatoon, Saskatchewan, June 15, 2021 – UEX Corporation (TSX:UEX, OTCQB:UEXCF)(“UEX” or the “Company”) is pleased to announce that UEX has signed an agreement (“Amending Agreement”) with Overseas Uranium Resources Development Co., Ltd. (“OURD”) to amend the terms of the purchase agreement (“Share …