Cameco Corp. (NYSE:CCJ) is the second-largest uranium miner in the world. We like uranium because the demand and supply is easier to keep track of than other commodities. The number of nuclear reactors is known and so are the places where the ore is mined. Uranium prices have rebounded strongly. We bought Cameco two years …
Two major players have made significant production cutbacks Denison Mines’ Wheeler River project could come online just as the market rebounds Wheeler’s Phoenix deposit could be the lowest cost uranium mining operation in the world The uranium market has significantly struggled since the Fukushima accident in 2011, which caused the nuclear power industry to retrench. …
EXCLUSIVE TO SIGHTLINE U3O8: Last month we pointed out a strange anomaly. For the first time in over a decade, the share price of uranium equities had begun to fall while the Spot price of uranium continued to rise. Despite sharing a common movement pattern over the prior 18 months, it appeared that equities were …
2018 has been a challenging year for those of us who speculate in the junior resource space. But, despite one of the toughest years I’ve ever seen, there’s a lot to look forward to in 2019. Earlier this year when everything was rosy, the overall indices and all cryptocurrencies were going straight up (where’d all …
Laramide Resources Ltd. (“Laramide” or the “Company”) is pleased to announce the results of its maiden independent Mineral Resource Estimate (the “Resource Estimate”) prepared using the CIM Definitions (2014) as incorporated in NI 43-101 for the Company’s 100% owned Crownpoint Uranium Project (the “Project” or “Crownpoint”), located in New Mexico, United States. The Resource Estimate …
UEX Corporation (UEX:TSX) (“UEX” or the “Company”), is pleased to announce the maiden mineral resource statement for the Christie Lake Uranium Project (the “Project”). The Mineral Resource Statement was prepared by Dr. Aleksandr Mitrofanov, P.Geo., supported by Dr. David Machuca, P.Eng., and Mr. Glen Cole, P.Geo. of SRK Consulting (Canada) Inc. in accordance with Canadian …
Skyharbour Resources Ltd. (TSX-V: SYH)(OTCQB: SYHBF)(Frankfurt:SC1P) (the “Company”) is pleased to announce the results from its 2018 fall diamond drilling program at its 100% owned, flagship 35,705 hectare Moore Uranium Project, located approximately15 kilometres east of Denison Mine’s Wheeler River project and proximal to regional infrastructure on the southeast side of the Athabasca Basin, Saskatchewan. Drillhole ML18-14 …
Denison Mines Corp. (“Denison” or the “Company”) (DML: TSX, DNN: NYSE American) is pleased to report that the Company’s Board of Directors and the Wheeler River Joint Venture (“WRJV”) have approved the advancement of the Wheeler River project, following a detailed assessment of the strong economic results produced by the recently filed Pre-Feasibility Study (“PFS”) …
Purepoint Uranium Group Inc. (TSXV: PTU) (“Purepoint” or the “Company”) is pleased to announce the closing of its non-brokered private placement (the “Private Placement”) previously announced on December 12, 2018. The Private Placement was oversubscribed for aggregate gross proceeds of $877,930. In connection with the Private Placement, the Company issued 9,754,778 flow-through units (“Flow-Through Units”) …
Skyharbour Resources Ltd. (TSX-V: SYH) (OTCQB: SYHBF) (Frankfurt:SC1P) (the “Company”) announces that it’s option partner, Azincourt Energy Corp. (“Azincourt”) has provided an update regarding its winter work program at the East Preston uranium project located in the southwestern Athabasca Basin, Saskatchewan, Canada. Azincourt has engaged Geotech Ltd to conduct a helicopter-borne Versatile Time-Domain Electromagnetic (VTEM™ Max) and …