Summary Cameco’s profitability relies on uranium pricing moving up from current cycle lows. COVID-19 has interrupted Cameco’s production and has added more uncertainty to global supply. Demand for nuclear energy and reactor construction has slowed in western nations in the wake of the Fukushima disaster. The bull case for uranium demand growth hinges on a …
Purepoint Uranium (PTU.V) holds nearly 100,000 hectares of claims across its uranium exploration projects in the Athabasca Basin. Within these claims are well over 20 distinct and well-defined drill target regions that have been surveyed extensively, and in most cases, had first pass drilling performed. In this short video, Chris Frostad, President & CEO …
Energy Fuels Inc. (NYSE American: UUUU; TSX: EFR) (“Energy Fuels” or the “Company”), the leading uranium producer in the United States, is pleased to announce that it is making a number of changes to its management team in order to reduce costs, flatten the organizational structure, and focus on the ongoing growth of a new generation …
IsoEnergy Ltd. (“IsoEnergy” or the “Company”) (TSXV: ISO; OTCQX: ISENF) is pleased to announce that it has closed the previously announced US$6 million private placement of an unsecured convertible debenture (the “Debenture”) with Queen’s Road Capital Investment Ltd. (“QRC”) (TSXV: QRC). Craig Parry, IsoEnergy’s Chief Executive Officer, commented: “It is with great pleasure that we …
Australia-listed Berkeley Energia is one permit away from starting full construction of the four-million-pound-a-year Salamanca uranium mine, in Spain. The company this week announced that the Municipality of Retortillo had granted its urbanism licence (UL), which is the land use permit needed for construction works. The authorisation for construction for the uranium concentrate plant as …
IsoEnergy Ltd. (“IsoEnergy” or the “Company”) (TSXV: ISO; OTCQX: ISENF) is pleased to announce that it has closed the previously announced $4 million non-brokered private placement consisting of 5,882,352 common shares at a price of $0.68 per share (the “Private Placement”). The proceeds from the Private Placement will be used for exploration on the Company’s …
Denison Mines Corp. (“Denison” or the “Company”) (TSX: DML) (NYSE American: DNN) today filed its Condensed Consolidated Financial Statements and Management’s Discussion & Analysis (“MD&A”) for the quarter ended June 30, 2020. 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 derived from these documents and …
Today, Uranium Producers of America President and Chief Operating Officer of Energy Fuels Inc. (NYSE AMERICAN: UUUU; TSX: EFR), Paul Goranson, testified before a U.S. Senate Committee on Environment and Public Works (EPW) hearing in support of the American Nuclear Infrastructure Act, draft legislation released by EPW Chairman John Barrasso (R-WY) to help revitalize the domestic uranium industry and reclaim American …
Cameco (TSX: CCO; NYSE: CCJ) today reported its consolidated financial and operating results for the second quarter ended June 30, 2020 in accordance with International Financial Reporting Standards (IFRS). “The coronavirus (COVID-19) pandemic has had a significant impact on people and the economy around the world.” said Tim Gitzel, Cameco’s president and CEO. “Cameco too …
Global Atomic Corporation (“Global Atomic” or the “Company”; TSX:GLO; OTCQX: GLATF; Frankfurt: G12) announced today that significant progress has been made towards submitting it’s Mining Permit application for the Dasa Uranium Project in the Republic of Niger, West Africa. HIGHLIGHTS: In July, The Company filed its completed Environmental Impact Statement (“EIS”), with the Niger Government; The …