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 …

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 …

Cameco (TSX: CCO; NYSE: CCJ) today responded to the decision by President Donald Trump to implement no new trade restrictions on uranium imports into the United States following the Section 232 investigation into the matter. “We are pleased with this decision,” said Cameco President and CEO Tim Gitzel. “Uranium supplied by Cameco or Canada for …

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 …

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, …

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 …

Uranium fund Yellow Cake said on Monday the U.S. decision to not implement fresh trade restrictions on the metal’s import was likely to help long-term prices and bring production to a more normal level. An investigation by the U.S. Commerce Department into uranium imports had constricted the uranium market and caused uncertainty in the past …

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 …

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: …

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 …