Miners Ignore Softer Uranium Price (T.U.UN)

Key Takeaways Uranium markets posted varied performance in March, with the U3O8 uranium spot price declining 6.84%, from US$94.60 to $88.13 per pound. By contrast, uranium miners and junior uranium miners rose, gaining 1.75% and 2.52%, respectively. One key factor influencing market behavior is the strategic positioning of buyers, who appear to be abstaining from …

T.EFR Announces Agreement for Transformational Acquisition of Base Resources, Creating a Global Leader in Critical Minerals Production with a Focus on Uranium, Rare Earth Elements and Heavy Mineral Sands

The acquisition will include Base Resources’ 100%-owned advanced, world-class Toliara heavy mineral sands project in Madagascar (“Toliara” or the “Project“), which includes a long-life, high-value and low cost monazite stream, produced as a byproduct of primary titanium and zirconium production. Toliara monazite production to be processed at Energy Fuels’ 100%-owned White Mesa Mill (the “Mill“) into separated …

GoviEx Uranium Reports on Discussions with the Government of Niger Regarding Its Mining Permit

GoviEx Uranium Inc. (TSXV: GXU) (OTCQX: GVXXF) (“GoviEx” or “Company“) is currently in discussions with the Government of the Republic of Niger regarding the commencement of its mining operations. The Company has received notice that it must commence mining at its Madaouela uranium project (the “Madaouela Project” or “Project“) by 3 July 2024, failing which there is a …

T.FCU Announces New Exploration and Resource Drill Programs at PLS High-grade Uranium Project

FISSION URANIUM CORP. (” Fission ” or the ” Company “) is pleased to announce that preparations are underway for a two-prong drill program at its award-winning PLS high-grade uranium project in Canada’s Athabasca Basin with concurrent regional exploration as well as deposit upgrading. A 15-hole (~6,650m) regional drill program will follow up on the highest priority target areas identified during the recent winter …

T.NXE confident in uranium project OK even as nuclear regulator pauses process

Shares in NexGen Energy (TSX: NXE; NYSE: NXE; ASX: NXG) have risen by half in the past six months on surging uranium prices but the federal regulator has put a temporary hold on approving the company’s $1.3-billon Rook 1 project in Saskatchewan. NexGen’s environmental assessment filing doesn’t adequately address how proposed underground tailings and a flooded mine area …

V.PTU Discovers New Lightning Zone Grading 0.29% U3O8 over 0.9 Metres as It Completes 2024 Winter Drill Program at Hook Lake Joint Venture

Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) (“Purepoint” or the “Company”) announced today the completion of its winter drill program at the Hook Lake Joint Venture at the Carter Corridor. The Hook Lake Project is a joint venture between Cameco Corporation (39.5%), Orano Canada Inc. (39.5%), and Purepoint (21%) and lies on trend with high-grade uranium discoveries …

V.SYH and JV Partner Orano Commence 2024 Exploration Programs at the Preston Uranium Project

Skyharbour Resources Ltd. (TSX-V: SYH) (OTCQX: SYHBF) (Frankfurt: SC1P) (“Skyharbour” or the “Company”), is pleased to announce that its joint-venture partner company, Orano Canada Inc. (“Orano”), has commenced a comprehensive 2024 field campaign at the 49,635 hectare Preston Uranium Project (“Preston” or the “Property”) located in the western Athabasca Basin, Saskatchewan, Canada. The program will include a ground electromagnetic survey (ML-TEM), a …

T.FCU Commencing Geotechnical Drilling in Advance of Detailed Engineering

 FISSION URANIUM CORP. (” Fission ” or ” the Company “) is pleased to announce it is about to commence geotechnical drilling at its PLS high-grade uranium mine and mill project in Saskatchewan, Canada . The results will be used to support the Detailed Engineering design of the waste management and landfill facility, tailings management facility and ventilation shafts. Drilling is scheduled …

T.U.UN Announces Expense Ratio Reduction for Sprott Uranium Miners ETF (NYSE Arca: URNM)

Sprott Asset Management USA (“Sprott”), a wholly-owned subsidiary of Sprott Inc. (NYSE/TSX: SII), today announced that it will be charging a unitary fee of 75 basis points for Sprott Uranium Miners ETF effective 4/1/2024. Previously, Sprott had been publishing a rate of 83 basis points based on a tiered billing structure. Sprott Uranium Miners ETF …

T.DML Announces Filing of Annual Report on Form 40-F

Denison Mines Corp. (‘Denison’ or the ‘Company’) (TSX: DML) (NYSE American: DNN) is pleased to announce that it has filed its 2023 Annual Report on Form 40-F with the U.S. Securities and Exchange Commission (‘SEC’).  Denison’s Form 40-F includes its management discussion and analysis and audited financial statements for the year ended December 31, 2023.  The …