Key Takeaways Uranium Market Consolidation: Thus far in 2024, the uranium spot price has stabilized between $85 to $95 per pound after a significant 88.54% increase in 2023. This phase indicates a healthy correction within a bullish market cycle. Miners’ Catch-Up: Uranium miners have shown improved performance, catching up to gains in the spot price. Long-Term Contracting …
Up to 12,000 meters planned across multiple targets within the Westmoreland Conglomerate that crosses Queensland and the Northern Territory Primary aim to expand existing Westmoreland resource; enhancement of project economics targeted Second drill rig arriving in mid-July Maiden resource estimate planned at Long Pocket for year-end Northern Territory Geological Survey awards two exploration grants Laramide …
Global Atomic Corporation (“Global Atomic” or the “Company”), (TSX: GLO, OTCQX: GLATF, FRANKFURT: G12) today provided an update on its financing and development of the Dasa Uranium Project in the Republic of Niger, including: Updates on the approaches made to the Company to finance the development of the Dasa Project and timeline for the approval …
Saskatchewan Power Corporation (SaskPower), Westinghouse Electric Company (Westinghouse) and Cameco Corporation (Cameco) (TSX: CCO; NYSE: CCJ) have signed a memorandum of understanding (MOU) to evaluate the potential of Westinghouse’s nuclear reactor technology and the associated nuclear fuel supply chain required for Saskatchewan’s future clean power needs. The MOU will explore technical and commercial pathways to …
Following a successful delineation drilling program since the last resource update on August 12, 2022, a new S-K 1300 technical report summary (the “TRS”) increases the Burke Hollow Project’s Measured and Indicated (“M&I”) resources from 2,324,000 lbs U3O8 to 6,155,000 lbs and Inferred resources of 4,883,000 lbs U3O8.. The Burke Hollow in-situ recovery (“ISR”) Project continues …
Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) (“Energy Fuels” or the “Company”), a leading U.S. producer of uranium, rare earth elements (“REEs“), and vanadium, is pleased to announce that it has achieved commercial production of separated neodymium-praseodymium (“NdPr“) at its White Mesa Mill in Utah (the “Mill“). Critically, the NdPr produced by Energy Fuels’ meets the applicable …
Uranium Energy Corp (NYSE American: UEC, the “Company” or “UEC”) is pleased to report, in accordance with NYSE American requirements, the filing of the Company’s quarterly report on Form 10-Q for the quarter ended April 30, 2024 with the U.S. Securities and Exchange Commission (the “SEC”). This Form 10-Q filing, which includes the Company’s interim condensed …
GoviEx Uranium Inc. (TSXV: GXU) (OTCQX: GVXXF) (“GoviEx” or “Company“) is pleased to report that it has received its radiological certificate for the Madaouela uranium project (the “Madaouela Project” or “Project”) from the Nigerien Government. The radiological certificate is a regulatory requirement prior to starting mining operations and confirms the completion of radiological baseline studies. The Madaouela Project is …
FISSION URANIUM CORP. (” Fission ” or ” the Company “) is pleased to announce results from the first six drill holes on the R1515W zone at its’ PLS property, in Canada’s Athabasca Basin region. All six holes intercepted wide intervals of mineralization, with five holes additionally hitting high-grade sections. Of particular note, PLS24-659 (line 1545W) intersected 3.75m of total composite >10,000 cps in 66.0M of total composite …
IsoEnergy Ltd. (“IsoEnergy” or the “Company”) (TSXV: ISO; OTCQX: ISENF) is pleased to announce the commencement of the summer exploration program on its eastern Athabasca Basin uranium properties (Figure 1). The program encompasses a total of 30 diamond drill holes for 9,825 metres of drilling on the Larocque East and East Rim projects to follow up …
