Two uranium companies made headlines this morning with a joint release announcing a new uranium discovery. Following the news, at least one of the companies has seen a significant increase in its share price today. IsoEnergy Ltd. (NYSE American: ISOU)(TSX: ISO) and Purepoint Uranium Group Inc. (TSX-Venture: PTU)(OTC: PTUUF) stated in a press release this morning that their first …
Skyharbour Resources Ltd. (TSX-V: SYH ) (OTCQX: SYHBF ) (Frankfurt: SC1P ) (“Skyharbour” or the “Company”) is pleased to announce that partner company Mustang Energy Corp. (“Mustang”) has received exploration permits from the Saskatchewan Government, allowing for ground-based exploration activities at the 914W Uranium Project (“the Project”) south of the Athabasca Basin, Saskatchewan. Mustang Energy may …
United States President Donald Trump signed an executive order on July 7 extending certain tariff rates until Aug. 1. Under the order, Kazakhstan will face a new 25% reciprocal tariff. The same tariff would apply to Japan, Malaysia, South Korea, and Tunisia. Higher rates would apply to other countries, with 30% on South Africa and …
IsoEnergy Ltd. (NYSE American: ISOU | TSX: ISO) (“IsoEnergy”) and Purepoint Uranium Group Inc. (TSXV: PTU | OTC: PTUUF) (“Purepoint”) are pleased to announce a highly encouraging start to the inaugural drill program at their 50/50 Dorado project (“Dorado” or the “Project’”), located in Saskatchewan’s world-class Athabasca Basin (Figure 1). Initial drilling at the Q48 target on the …
Indian Prime Minister Narendra Modi is set to visit Namibia this week, the final African stop on his five-nation tour, as India looks to strengthen ties with Africa’s top uranium producer and a key player in the continent’s mineral economy. Prime Minister Narendra Modi is visiting Namibia, finalizing his five-nation African tour. India aims to …
China has been making massive strides. China is aiming to double its nuclear energy capacity, according to Business Standard. A new report from the China Nuclear Energy Association, cited by Business Standard, said the country aims to produce 200 gigawatts of nuclear power by 2040. Currently, the country’s production sits at 55 GW with 57 reactors, …
On July 3, KATCO mining company and its shareholders, Orano and NAC Kazatomprom JSC, celebrated the inauguration of the new uranium processing plant that marks the successful implementation of the South Tortkuduk project and the full commencement of operations at the uranium mining site. The ceremony took place in the presence of representatives of the …
French uranium miner Orano said on Wednesday its majority-owned joint venture with Niger, SOMAIR, is on the verge of bankruptcy as a result of export restrictions imposed by Niger’s military government. Orano was forced to suspend production at SOMAIR after authorities halted exports last year. Niger’s government seized the operation in December and announced plans to nationalize it last …
Palantir Technologies and The Nuclear Company have announced a strategic partnership to launch a first-of-its-kind AI-powered software platform designed to streamline and modernize nuclear power plant construction across the U.S. Built on Palantir’s Foundry platform, the Nuclear Operating System (NOS) is designed to transform nuclear reactor projects, historically plagued by cost overruns and scheduling delays, …
Cameco (TSX: CCO; NYSE: CCJ) released its 2024 Sustainability Report today, which communicates the initiatives and key metrics that demonstrate Cameco’s progress to date and the continual advancement of our sustainability reporting. “As a responsible company focused on creating long-term, sustainable value for all our stakeholders, we are taking the appropriate actions and making decisions …
