Cameco (TSX: CCO; NYSE: CCJ) was informed by our partner, National Atomic Company Kazatomprom JSC (Kazatomprom), and Joint Venture Inkai LLP (JV Inkai), that as of January 1, 2025, JV Inkai has suspended production activity. On December 31, 2024, JV Inkai formally notified us that it had not received an extension of the timeline to submit …
Tim Gitzel has been around uranium long enough to have seen his fair share of ups and downs, but the head of one of Canada’s major uranium companies now sees a bright future for both his company and the industry. I’ve been in this game, the nuclear business, for over 40 years, and I don’t think I’ve ever seen …
Paladin Energy Ltd (ASX: PDN) (OTCQX: PALAF) (“Paladin“) and Fission Uranium Corp. (TSX: FCU) (OTCQX: FCUUF) (FSE: 2FU) (“Fission“) are pleased to announce the successful completion of Paladin’s acquisition of all of the issued and outstanding shares of Fission (the “Fission Shares“) by way of a court-approved plan of arrangement under the Canada Business Corporations Act (“Arrangement“) pursuant …
Skyharbour Resources Ltd. (TSX-V: SYH) (OTCQX: SYHBF) (Frankfurt: SC1P) (“Skyharbour” or the “Company”) is pleased to announce that partner company Terra Clean Energy Corp. (“Terra”, previously Tisdale Clean Energy) has announced the execution of an Exploration Agreement with the English River First Nation. This agreement strengthens their relationship and allows for access to the ancestral lands of The English River First …
Global Atomic Corporation (“Global Atomic” or the “Company”), (TSX: GLO, OTCQX: GLATF, FRANKFURT: G12) is pleased to announce that it has signed an offtake agreement with a strategic Europe-based nuclear power utility to supply 260,000 pounds U3O8 per year for three years beginning in 2026. This is the fourth such agreement signed by Global Atomic. Based …
Skyharbour Resources Ltd. (TSX-V: SYH) (OTCQX: SYHBF) (Frankfurt: SC1P) (“Skyharbour” or the “Company”) is pleased to announce that is has closed the brokered private placement previously announced by the Company on December 2, 2024, as upsized on December 3, 2024 (the “Brokered Offering”), and has additionally closed a concurrent non-brokered private placement (the “Non-Brokered Offering”, and together with the Brokered Offering, …
Paladin Energy has received final clearance under the Investment Canada Act (ICA) for its acquisition of Fission Uranium. This clearance represents the last regulatory step needed to complete the court-approved arrangement under the Canada Business Corporation Act. The acquisition is expected to close by early January 2025, subject to customary closing conditions. Paladin Energy announced …
IsoEnergy Ltd. (TSX: ISO) (OTCQX: ISENF) (“IsoEnergy”) and Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) (“Purepoint”) are pleased to announce the successful implementation of their previously announced joint venture (the “Joint Venture”) (see press release dated October 22, 2024), consolidating 10 uranium projects spanning over 98,000 hectares in the eastern Athabasca Basin, Saskatchewan (Figure 1). This strategic collaboration strengthens both companies’ efforts to advance …
Global Atomic Corporation (“Global Atomic” or the “Company”), (TSX: GLO, OTCQX: GLATF, FRANKFURT: G12) is pleased to provide a year-end update. 2024 has been a year of significant progress in the face of significant challenges. Global Atomic has continued pre-production development at the high-grade Dasa Uranium Mine in the Republic of Niger and is targeting …
Key Takeaways Uranium Market Steadies: While the spot price declined in November, the overall price environment for the year has strengthened. Additionally, uranium miners gained for the month while remaining flat year-to-date. Nuclear Energy Continues to Gain Momentum: Global support continues to grow as more countries pledged to triple global nuclear capacity by 2050 at COP29. Implications …