Kazatomprom JSC welcomes Trump’s refusal from restrictions on uranium import

JSC National Atomic Company “Kazatomprom” on July 15 issued a statement following the President of the United States’ decision to leave the current U.S. uranium market unchanged. “We welcome President Trump’s decision to decline the pursuit of restrictive trade actions on imports of uranium,” said Galymzhan Pirmatov, Kazatomprom’s Chief Executive Officer. “Kazatomprom reiterates its long-held …

EFR.T Commends President Trump on his Decision to Reinvigorate the Nuclear Fuel Supply Chain and Looks Forward to Working with the Trump Administration to Support the U.S. Uranium Mining Industry; First Land Cleanup Contract Signed

Energy Fuels Inc. (NYSE American: UUUU; TSX: EFR) (“Energy Fuels” or the “Company”), the largest uranium producer in the U.S., is pleased to announce that our petition, filed jointly with Ur-Energy Inc. under Section 232 of the Trade Expansion Act of 1962, has been very successful. It has demonstrated the national security risks to the …

UEC Comments on the Presidential Memoranda Issued on Uranium and Establishment of the U.S. Nuclear Fuel Working Group

Uranium Energy Corp (NYSE American: UEC, the “Company” or “UEC”) is pleased to provide comments on President Trump’s “Memorandum on the Effect of Uranium Imports on National Security” which was issued after the market close on July 12, 2019. UEC Chairman and former U.S. Energy Secretary, Spencer Abraham commented: “The Trump Administration is to be …

T.AZZ Comments on President Trump’s New Working Group Focused on Reviving And Expanding U.S. Nuclear Fuel Production

AZARGA URANIUM CORP. (TSX: AZZ, OTCQB: AZZUF, FRA: P8AA) (“Azarga Uranium” or the “Company”) understands that President Trump has established the United States Nuclear Fuel Working Group (the “Working Group”) to develop recommendations for reviving and expanding domestic nuclear fuel production. Further to the Company’s press release dated 17 April 2019, on 12 July 2019, …

President Trump takes no action at this time to adjust uranium imports to the US. Establishes US Nuclear Fuel Working Group

Ur-Energy Inc. has learned that President Donald Trump issued a memorandum on July 12, 2019, in response to the uranium Section 232 investigation completed by the Department of Commerce. (See also Ur-Energy News Release July 13, 2019) The President’s Memorandum states that the Secretary of Commerce found that “…uranium is being imported in such quantities …

V.FUU hits alteration, faulting at Cree Bay; Plans follow-up drilling

FISSION 3.0 CORP. (“Fission 3” or “the Company”) is pleased to announce that the first pass drill program at its Cree Bay property in the Athabasca Basin region of Saskatchewan, Canada, has encountered significant faulting, strong hydrothermal alteration and elevated concentrations of pathfinder elements in both holes. Pathfinder elements (such as uranium and boron), can …

T.DML announces initiation of ISR field testing as the summer field program commences at Wheeler River

Denison Mines Corp. (“Denison” or the “Company”) (DML: TSX, DNN: NYSE American) is pleased to announce the commencement of In-Situ Recovery (“ISR”) field testing, as part of an active summer 2019 field program planned for the Company’s 90% owned Wheeler River Uranium Project (“Wheeler River”) in northern Saskatchewan, Canada. Key components of the field program include: …

V.PTU: Work Resumes at Smart Lake

Purepoint Uranium Group Inc. (the “Company” or “Purepoint”) (TSXV: PTU) announced today that it is preparing to commence an initial program at the Smart Lake JV, a project owned jointly by Cameco Corp. (73%) and Purepoint Uranium Group Inc. (27%).  The Smart Lake property is situated in the southwestern portion of the Athabasca Basin, approximately …