AZINCOURT ENERGY CORP. (“Azincourt” or the “Company”) (TSX.V: AAZ, OTC: AZURF), is pleased to confirm drilling has commenced at the 25,000+ hectare East Preston Uranium Project, located 50km southeast of Patterson Lake, in the Western Athabasca Basin, northern Saskatchewan, Canada. Drilling has begun at pad EP20PADB, which is located along the northern part of the …
JSC National Atomic Company “Kazatomprom” (“Kazatomprom” or “the Company”) announces its intention to sell its 50% interest (minus one (1) share) in the Uranium Enrichment Center JSC (“UEC”) to its partner in the joint venture, TVEL Fuel Company (“TVEL”), for RUB6.253 billion (approximately US$100 million). The value of the Company’s interest in UEC is based …
While uranium spot prices were down 14% in 2019, supply and demand fundamentals for uranium are the “most bullish in years,” and the sector “offers its most compelling value proposition since pre-Fukushima,” Haywood Securities says in a new research note. “Looking ahead, we believe we are in the early stages of a long-term bull market …
Cameco (TSX: CCO; NYSE: CCJ) will issue its fourth quarter results before markets open on Friday, February 7, 2020. Cameco invites investors and the media to join its fourth quarter conference call with the company’s senior executives on Friday, February 7, 2020 at 8:00 a.m. Eastern. Cameco will discuss trends in the market and the …
While the price of uranium suffered a steep decline after the 2011 Fukushima Daiichi nuclear accident, growing pressures to decarbonize power generation provide support for the commodity, which is currently priced at cyclical lows. Below, we provide an overview of eight companies active in uranium exploration and development. Appia Energy Appia Energy (CNSX: API; US-OTC: APAAF) …
Cameco (TSX: CCO; NYSE: CCJ) announced today that President and CEO, Tim Gitzel, will be speaking at the CIBC Annual Western Institutional Investor Conference being held on January 28 – 31, 2020. The presentation will occur on Wednesday, January 29 at 2:00 p.m. MST (4:00 p.m. EST) and will be available by audiocast on cameco.com. …
Summary: Even though the uranium spot price bottomed in late 2016, uranium mining stocks have not performed spectacularly since then, mostly because the uranium market is trading sideways. This decade should lead to uranium demand surprising to the upside as the world tries to reduce emissions, while limits to wind and solar power will have …
Uranium Royalty Corp. (TSX-V: URC) (“URC” or the “Company”) is pleased to announce that its wholly-owned subsidiary has received C$2.65 million (US$2.03 million) from Laramide Resources Ltd. as full repayment of principal and interest under a promissory note (the “Note“). The Note was acquired by the Company pursuant to a strategic transaction with Westwater Resources, …
UEX Corporation (TSX:UEX) (“UEX” or the “Company”) is pleased to announce the commencement of its 2020 exploration programs at the West Bear and Christie Lake Properties, located in the Athabasca Basin of northern Saskatchewan. West Bear Property UEX Corporation is pleased to announce the West Bear 2020 winter exploration program will commence the first week …
Global Atomic Corporation (“Global Atomic” or the “Company”; TSX: GLO; Frankfurt: G12; OTCQX: GLATF), has a unique combination of high grade uranium development and cash flow from a recycling facility that produces zinc concentrate. We are pleased to provide an update on the Dasa Uranium Project (“Dasa”), in the Republic of Niger and on the …
