The initial public offering of the world’s largest oil producer Saudi Aramco may be on the back burner, but the IPO of its uranium-market equivalent is full steam ahead. Kazatomprom, the world’s No. 1 producer of the nuclear fuel, on Monday said it would list as much as 25 percent of its equity in London and the …
Fission 3.0 Corp. (“Fission 3” or the “Company”) is pleased to announce that it has closed the second and final tranche of its previously announced non-brokered private placement (the “Private Placement”). Between the two tranches the Company raised $8 million to support additional drilling and exploration on its most prospective properties. COO and Chief Geologist …
Ur-Energy Inc. (NYSE American:URG) (TSX: URE) (the “Company” or “Ur-Energy”) is pleased to provide the following operational results for Q3 2018. Highlights Lost Creek Uranium Production and SalesFor the quarter, the Company met its production targets at the high end of guidance: 80,604 pounds of U3O8 were captured within the Lost Creek plant, 78,441 pounds of …
Kazatomprom, the world’s largest producer of uranium, has announced plans to list in London, following a rebound in prices for the nuclear fuel. The state-owned Kazakh producer, often dubbed the Saudi Aramco of the uranium market, will consider listing 25 per cent of its shares in the form of depository receipts, according to a filing. …
Nearly half of uranium production doesn’t make money at the prevailing spot price. That’s the startling statistic highlighted by Andre Liebenberg, the chief executive of Yellow Cake PLC (LON:YCA).Yellow Cake has been set up to provide investors with a clean entry point into what has hitherto been a pretty opaque market. What really is the …
Plateau Energy Metals Inc. (“Plateau” “PLU” or the “Company”)(TSX VENTURE:PLU)(FRANKFURT:QG1)(OTCQB:PLUUF) is pleased to announce the first drill results from Falchani West drilling. Falchani West Highlights 65 m of 3,374 ppm Li (0.73% Li2O) from 9-74 m in Li-rich tuff unit within broader interval of 172 m of 2,908 ppm Li (0.63% Li2O)from 7-179 m (End of Hole …
Low cost uranium mining giant Cameco Corp (TSX:CCO)(NYSE:CCJ) is battling to survive the prolonged dip in the oversupplied uranium market, but there is new hope among contrarian investors on the stock as recent supplier collaborative efforts are beginning to yield some fruit. Two important factors favour the prospect of a sustained recovery on Cameco stock, …
EXCLUSIVE TO SIGHTLINE U3O8: The development of a deposit does not necessarily lead to a commercially viable project and opening a new uranium mine is not a simple or fast process. It takes a lot of time and effort. In fact, it can take a decade or longer to go from discovery to extraction. As …
Uranium Energy Corp. (NYSE American: UEC; “UEC” or the “Company”) is pleased to announce that it has now closed its previously announced public offering of 12,613,049 units of the Company (each, a “Unit”), at a price of $1.60 per Unit, for gross proceeds of approximately $20 million (the “Offering”). Each Unit consists of one common …
Plateau Energy Metals Inc. (“Plateau” “PLU” or the “Company“) (TSX VENTURE:PLU)(FRANKFURT:QG1)(OTCQB:PLUUF) is pleased to provide an update on results from on-going metallurgical test work, and initiation of the next phase of test work. The additional test work forms part of the Company’s continuing efforts to determine the economic value of the Falchani high-grade lithium discovery …