Energy Fuels is restoring essential U.S. critical mineral supply chains and processing capabilities that are key to clean energy, economic security, and national defense. Acquisition of Base Resources secures the world-class Toliara Project in Madagascar, which Energy Fuels believes is the best critical mineral development project in the world. The Toliara Project is a new large-scale …
– FISSION URANIUM CORP . (TSX: FCU) (OTCQX: FCUUF) (” Fission ” or the ” Company “) announced today that it has received a notice from the Minister of Innovation, Science and Industry (the ” Minister “) ordering a national security review of the previously announced plan of arrangement (the ” Arrangement “) with Paladin Energy Limited (” Paladin “) under section 25.3 of the Investment Canada Act (” ICA “). Accordingly, …
Figure 1. Physical Uranium and Uranium Stocks Have Outperformed Other Asset Classes Over the Past Five Years (08/31/2019-08/31/2024) Short-Term Volatility in Uranium Prices: The uranium market has experienced short-term challenges, including price declines and exogenous market influences such as geopolitical tensions and economic concerns. However, these issues are set to be overcome by strong long-term fundamentals, including …
FISSION URANIUM CORP. (TSX: FCU) (OTCQX: FCUUF) (“Fission” or the “Company“) announced today that the hearing for the final order (the “Final Order“) approving the previously announced plan of arrangement (the “Arrangement“) with Paladin Energy Limited (“Paladin“) before the Supreme Court of British Columbia (the “Court“) was completed on September 26, 2024. CGN Mining Company Limited (“CGN“), a subsidiary of …
Transformative Year with Wyoming ISR Production Restart, 100% Unhedged Uranium Exposure and Subsequent Accretive Acquisition of Rio Tinto’s Sweetwater Plant and Wyoming Uranium Assets Successful startup of uranium production at the past-producing Christensen Ranch in-situ recovery (“ISR”) operations and Irigaray Central Processing Plant (“CPP”) in Wyoming’s Powder River Basin. South Texas hub-and-spoke ISR production platform …
Denison Mines Corp. (“Denison” or the “Company“) (TSX: DML) (NYSE American: DNN) is pleased to announce that is has executed an option agreement (the “Option Agreement“) with a Nasdaq listed company to be renamed Foremost Clean Energy Ltd (“Foremost“) (NASDAQ: FMST) (CSE: FAT), which grants Foremost an option to acquire up to 70% of Denison’s interest in 10 …
Uranium Energy Corp. (NYSE American: UEC, the “Company” or “UEC”) is pleased to announce that it has entered into an agreement with Rio Tinto America Inc. (“Rio Tinto”) to acquire 100% of Rio Tinto’s Wyoming assets, comprised of the wholly-owned and fully-licensed Sweetwater Plant and a portfolio of uranium mining projects with approximately 175 million …
First assays from Long Pocket infill drilling return strong uranium mineralisation at shallow depths. Significant intersections include: LP24RC004 – 10m @ 606ppm U3O8 from 6m depth, including 2m @ 1,726ppm U3O8 from 11m LP24RC006 – 8m @ 1,770ppm U3O8 from 16m depth, including 4m @ 3,128ppm U3O8 from 17m. At Amphitheatre, drillholes display multiple zones of mineralisation and AMD011 shows mineralisation remains open to the south. Laramide Resources Ltd. (“Laramide” or the “Company”) (TSX: LAM) (ASX: …
Paladin Energy (ASX:PDN) is facing opposition to its proposed acquisition of Canada’s Fission Uranium (TSX:FCU) from a Chinese backer in the takeover target. The Western Australia-based uranium producer, which has a market capitalisation of $2.8 billion, says CGN Mining Company – a subsidiary of China General Nuclear Power – holds a disclosed interest of 11.26% in Fission and is opposing approval of …
FISSION URANIUM CORP . (TSX: FCU) (OTCQX: FCUUF) (” Fission ” or the ” Company “) announced today that the hearing for the final order (the ” Final Order “) approving the previously announced plan of arrangement (the ” Arrangement “) with Paladin Energy Limited (” Paladin “) began before the Supreme Court of British Columbia on September 13, 2024 and will continue on September 26, 2024 . CGN Mining Company Limited (” CGN “), …
