While most commodities have been battered amidst the Coronavirus pandemic, uranium is heating up, and is experiencing a price spike on the back of tightening supply. According to an article by Bloomberg, the radioactive metal used in nuclear fuel has climbed 31% this year, making it the world’s best-performing major commodity. These gains have been …
While most commodities are getting hammered by the coronavirus crisis, uranium prices are skyrocketing. The radioactive metal used in nuclear fuel has climbed 30% this year, making it the world’s best-performing major commodity. The gains have been spurred by mine shutdowns that have wiped out more than a third of annual global output at a …
Summary An interview where Old West portfolio manager Brian Laks discusses his views on the uranium market and specific companies to take advantage of the potential bull market coming. Recently, the spot price has surged 30% after key global mines like Cigar Lake or Kazatomprom’s have shut down due to Covid-19 precautions. What’s next? What’s …
Global Atomic Corporation (“Global Atomic” or the “Company”), (TSX: GLO, OTCQX: GLATF; FRANKFURT: G12) the multi-asset development company with cash flow from the BST zinc recycling facility in Turkey and one of the world’s premier uranium development assets, at the Dasa Project, in the Republic of Niger, West Africa,is pleased to announce the results of …
IsoEnergy Ltd. (“IsoEnergy” or the “Company”) (TSXV: ISO; OTCQX: ISENF) is pleased to report final assay results from the winter 2020 drilling program at the Hurricane zone. Discovered in 2018 at the Larocque East property, the Hurricane zone is a recent discovery of high-grade uranium mineralization. Larocque East is 100% owned by IsoEnergy and is …
Energy Fuels Inc. (NYSE American: UUUU; TSX: EFR) (“Energy Fuels” or the “Company”), the leading producer of uranium in the U.S., is pleased to announce its entry into the Rare Earth Element (“REE”) sector. The Company will host a webcast and conference call to discuss this opportunity, along with its current views on the improving …
Cameco (TSX: CCO; NYSE: CCJ) announced today that it is extending the temporary production suspension at the Cigar Lake uranium mine in northern Saskatchewan as the effects of the global COVID-19 pandemic persist. Cameco announced on March 23 that the Cigar Lake operation was being placed in safe care and maintenance mode for four weeks, …
Denison Mines Corp. (“Denison” or the “Company”) (DML: TSX, DNN: NYSE American) is pleased to announce that today it has closed its previously announced public offering (the “Offering”) of common shares of the Company (the “Common Shares”). The Company issued 28,750,000 Common Shares, at a price of USD$0.20 per Common Share, for total gross proceeds of USD$5,750,000, which includes …
Cameco (TSX: CCO; NYSE: CCJ) announced today that it is implementing a number of temporary operational changes at its fuel services division facilities in Ontario. The changes are due to the increasing challenge of maintaining an adequate workforce as a result of screening protocols and other measures put in place to align with the directives …
Cameco (TSX: CCO; NYSE: CCJ) responded to the announcement issued today by JSC National Atomic Company “Kazatomprom” (Kazatomprom) that it is reducing operational activities across all of its uranium mines for an expected period of three months due to the risks posed by the Coronavirus (COVID-19) pandemic. According to Kazatomprom, this decision will result in …