Uranium Energy Corp (NYSE American: UEC) (the “Company” or “UEC“) is pleased to announce the launch of United States Uranium Refining & Conversion Corp. (“UR&C”), a wholly owned subsidiary of the Company, to pursue the feasibility of developing a new state-of-the-art American uranium refining and conversion facility. Amir Adnani, UEC President and CEO, stated: “Positioning UEC as the …
The growing need for electricity to power artificial intelligence and massive data centers in the U.S. promises to usher nuclear energy into a new era of expansion, opening up opportunities for the industries that provide the fuel for the plants. The U.S. is the world’s top producer of nuclear power with 94 reactors in operation. …
Cameco Corporation and Orano Canada Inc. have signed a landmark 15-year agreement, worth approximately $500 million with Rise Air, an Indigenous-owned airline, to provide workforce transportation services for northern Saskatchewan operations. This long-term partnership represents the most significant commitment to date between the companies, building on a relationship that began in 1993 with Orano (then …
With tightening margins between demand and global mine supply, these latest announcements are likely to impact market sentiment and push the spot price higher. Shares of Cameco (TSX:CCO,NYSE:CCJ) were on the rise after the uranium major announced it is reducing its annual production guidance due to expansion delays at the McArthur mine in Saskatchewan, Canada. Instead of the projected …
Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) (“Purepoint” or the “Company“) announces the closing of the first tranche of its previously announced private placement (the “Private Placement“) of 772,946 traditional flow through units (the “Flow Through Units“) at a price of $0.59 per unit for aggregate gross proceeds of $456,038.14. Each Flow-Through Unit consists …
Russia has dangled the possibility of building a nuclear power plant in uranium-rich Niger – a vast, arid state on the edge of the Sahara desert that has to import most of its electricity. It may be deemed impractical and may never happen, but the concept is yet another move by Moscow to seek a …
RK-25-254 and RK-25-256 (both intersecting 2.0 and 2.1 m of off-scale (>61,000 cps)) are located 51 m and 119 m away from RK-25-232 (15 m at 15.9% U3O8). Results highlight the repetition of upgrading high-grade shoots within growing mineralized footprint. The following new holes intersected broad intercepts of cumulative mineralization (>500cps): RK-25-246: 20.5m including 2.5m …
Paladin Energy Ltd (ASX:PDN, TSX:PDN, OTCQX:PALAF) (“Paladin” or the “Company”) provides an update on the Patterson Lake South (PLS) Project following a detailed technical review, including capital and operating costs, as part of the ongoing Front-End Engineering and Design (FEED) work (the “Engineering Review”). The PLS Project hosts Triple R, a shallow, undeveloped high-quality uranium deposit located …
Paladin Energy Ltd (ASX:PDN, TSX:PDN, OTCQX:PALAF) (Paladin or the Company) advises that it has released its 2025 Annual Report (including its Financial Report for the year ended 30 June 2025) and management discussion and analysis (MD&A) for Paladin Energy Ltd and its controlled entities for the three and twelve month periods ended 30 June 2025 (FY2025 Financial Results). …
Cameco (TSX: CCO; NYSE: CCJ) provided an operational update today regarding its 2025 production plans. Development delays in transitioning the McArthur River mine to new mining areas are expected to defer the extraction of pounds planned in 2025 and therefore impact our 2025 production forecast. However, strong performance at the Cigar Lake mine provides an opportunity …
