Anfield Energy Inc. (TSX.V: AEC; OTCQB: ANLDF; FRANKFURT: 0AD) (“Anfield” or “the Company”) is pleased to announce that it has increased the size of its non-brokered private placement to 17,500,000 units (each, a “Unit”) at a price of $0.20 per Unit, for gross of up to $3,500,000. The Company has closed an initial tranche of the placement …
Anfield Energy Inc. (TSX.V: AEC; OTCQB: ANLDF; FRANKFURT: 0AD) (“Anfield” or “the Company”) is pleased to announce that it has acquired 100% interest in the Upper Maybelle River Uranium Project (“Upper Maybelle”) from Radio Fuels, a private company. The property consists of six mineral claims totalling 12,851 hectares and is located in the Athabasca Basin; it …
Ur-Energy Inc. (NYSE American: URG; TSX: URE) (“Ur-Energy”) and Energy Fuels Inc. (NYSE American: UUUU; TSX: EFR) (“Energy Fuels”) are pleased that on April 14, 2019 the U.S. Department of Commerce (“DOC”) submitted a report to the White House on DOC’s investigation into the effects of uranium imports on U.S. national security. The president now …
Ur-Energy Inc. (NYSE American: URG; TSX: URE) (“Ur-Energy”) and Energy Fuels Inc. (NYSE American: UUUU; TSX: EFR) (“Energy Fuels”) are pleased that on April 14, 2019 the U.S. Department of Commerce (“DOC”) submitted a report to the White House on DOC’s investigation into the effects of uranium imports on U.S. national security. The president now …
FISSION URANIUM CORP. (“Fission” or “the Company”) is pleased to announce the results of a Prefeasibility Study (the “PFS”), conducted by Roscoe Postle Associates Inc. (“RPA”) and first-time estimate of Mineral Reserves for its’ Patterson Lake South (“PLS”) property in Canada’s Athabasca Basin region. With an estimated OPEX of just US$6.77/lb U3O8 and an IRR …
Vulnerable to the vagaries of bottle necking and subject to geopolitical machinations, oil stocks can sink or swim depending on oil prices themselves, with per-barrel valuation dictated by supply flow and market demand. Not only that, but the entire industry is earmarked for eventual shutdown by the more sustainable and less environmentally impactful renewables industry. …
Yellow Cake PLC (LON:YCA) is raising £25.9mln, increased from £22.9mln, through a share placing in order to fund the purchase of at least 1mln pounds of uranium. The company, a vehicle specifically set up to acquire and own physical uranium as an investment strategy, upgraded the funding after the original offer (announced yesterday) saw strong investor …
A new report by FocusEconomics on the prospects of commodities this year and next paints a mixed picture. The survey of investment banks, institutions and research houses compiled by the Barcelona-based company has good news for long-suffering investors in uranium and silver, while those who burned fingers in the rise and fall of cobalt could …
The U3O8 spot price dropped 12.89 percent in the first quarter of 2019 to US$25.35 per pound, likely as a result of the widespread economic slowdown. Despite the downturn weighing on the sector, a number of uranium miners, explorers and producers have remained profitable, reporting share price growth over the Q1 period. In addition to …
Purepoint Uranium Group says it has finished the initial fieldwork at the Hook Lake joint venture. The project lies on the southwest edge of the Athabasca Basin in the Patterson uranium district, between Fission’s Triple R deposit and NexGen’s Arrow deposit. Hook Lake is owned jointly by Cameco Corp. (39.5%), Orano Canada (39.5%) and Purepoint …
