BMO Capital Markets has initiated coverage of Kazakhstan-based uranium producer Kazatomprom (LON: KAP), with an outperform rating and a target price of $17 per share. The company recently listed about 15% of its stock on Kazakhstan’s new Astana Stock Exchange (AIX) and U.S. dollar-denominated global depository receipts (GDRs) on the London Stock Exchange. Kazakhstan’s sovereign …
NexGen Energy Ltd. (“NexGen” or the “Company”) (TSX: NXE, NYSE MKT: NXE) is pleased to announce it is the recipient of the 2019 Environmental & Social Responsibility Award given by the Prospectors & Developers Association of Canada (“PDAC”), the leading voice of the mineral exploration and development community. The PDAC Environmental & Social Responsibility award …
Highlights: Measured in-situ recovery (“ISR”) resource increases to 13.78 million pounds U3O8from 4.12 million pounds U3O8 (234% increase) Measured and Indicated ISR resources increase to 16.94 million pounds U3O8 from 8.58 million pounds U3O8 (97% increase) Updated mineral resource estimate falls within the existing Nuclear Regulatory Commission License boundary Larger and more contiguous resource likely to achieve improved …
Kazatomprom sold 15 percent of its stock in a dual-listing offering in London and Astana which valued the company at $3 billion, the bottom of its pricing range, the Kazakh state-owned uranium miner said on Tuesday. The sale of a stake in the world’s largest uranium producer is a first initial public offering of a …
Denison Mines Corp. (“Denison” or the “Company”) (DML: TSX, DNN: NYSE American) filed its Consolidated Financial Statements and Management’s Discussion & Analysis (“MD&A”) for the quarter ended September 30, 2018. Both documents can be found on the Company’s website at www.denisonmines.com or on SEDAR (at www.sedar.com) and EDGAR (at www.sec.gov/edgar.shtml). The highlights provided below are …
Purepoint Uranium Group Inc. (the “Company” or “Purepoint”) (TSX.V: PTU) today released a discussion of the Hook Lake Joint Venture (“JV”) project providing a look at its history, findings up-to-date and the upcoming winter program. Located along the Patterson Uranium District, the Hook Lake JV is a project owned jointly by Cameco Corporation (39.5%), Orano …
Kazatomprom, the world’s largest producer of nuclear fuel uranium, has secured investors for its listing of 15 per cent of the company in London this month, according to people familiar with the process. The company, which is owned by the state of Kazakhstan, is looking to raise up to $600m in the listing, which would …
Exclusive to SightlineU3O8: This fall, we spent some time revisiting and updating the SL|U3O8Price Outlook. After reporting it for just over a year, we wanted to see just how well we had done and determine what learnings could be incorporated into the model going forward. Last April we shared the underlying logic and methodology behind …
In one of the few exploration projects it is funding next year, Cameco Corporation (TSX: CCO; NYSE: CCJ) and its joint-venture partners Orano Canada and Purepoint Uranium (TSXV: PTU) are planning a 36 km ground electro-magnetic survey and 6,000 metres of diamond drilling at their Hook Lake uranium project in Saskatchewan. Cameco owns 39.5% of …
Energy Fuels Inc. (NYSE American: UUUU; TSX: EFR) (“Energy Fuels” or the “Company”), today reported its financial results for the quarter ended September 30, 2018. The Company’s quarterly report on Form 10-Q has been filed with the U.S. Securities and Exchange Commission (“SEC”), and may be viewed on the Electronic Document Gathering and Retrieval System …
