Exclusive to SightlineU3O8: Something odd began to occur in September of this year. For the first time in over a decade, the share price of uranium equities began to fall while the Spot price of uranium continued to rise. The last time this happened, the Spot price was running up over US$100/lb and the equity …
Energy Fuels Inc. (NYSE American: UUUU; TSX: EFR) (“Energy Fuels”) and Ur-Energy Inc. (NYSE American: URG; TSX: URE) (“Ur-Energy”) recently hosted a team of U.S. Department of Commerce (DOC) Section 232 investigators at four uranium mines and mills in Utah and Wyoming. The tour was part of DOC’s Section 232 investigation into the effects on …
Cameco (TSX:CCO)(NYSE:CCJ) can never catch a break. The beleaguered uranium miner has been stuck on a cliff over the past few years, as depressed uranium demand and a glut in the supply of uranium that is available on the market continue to keep both demand and prices at lows. Uranium is the primary fuel used …
Plateau Energy Metals Inc. (“Plateau” “PLU” or the “Company”)(TSX VENTURE:PLU)(FRANKFURT:QG1)(OTCQB:PLUUF) is pleased to announce new drill results from Falchani West drilling. Link to: Figure 1 Falchani Project Drill Plan Location Map 23 m of 4,412 ppm Li (0.95% Li2O) from 306 to 329 m downhole (18.8 m true thickness) in lower breccia unit within longest intersection of …
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 …