While silver stocks on the ASX retreated after their exuberant buying spree on Monday, Tuesday was a day in the sun for their uranium counterparts. The trigger for the yellowcake stocks was, unlike Reddit in the case of silver, a more established source – the Bank of America (BofA). As the Australian market opened on Tuesday, …
KELOWNA, BC , Feb. 1, 2021 /CNW/ – FISSION URANIUM CORP. (” Fission ” or ” the Company “) is pleased to announce drilling plans for 2021, which include a 43-hole ( 12,640 m ) program at its PLS property – host to the large, high-grade and near surface Triple R deposit – in Saskatchewan, Canada . The fully funded program aims to increase the Indicated classified resource …
Pressure mounts around controversial Retortillo uranium mine project in Spain as Berkeley Energia threatens to claim EUR 500 million (US$603.45 million) from the Spanish government if proposed climate law jeopardizes authorization for Retortillo. Local media sources reported yesterday that Francisco Bellón, president of Berkeley Spain, advised that they will activate all the legal mechanisms at …
Commodities are starting to revive after a 10-year bear market. Natural resources like energy, metals, and agriculture look set for an extended run, and investors should get on board. The recovery in commodity prices, Goldman Sachs analysts say, “will actually be the beginning of a much longer structural bull market” that could rival that of …
Saskatoon, Saskatchewan, Canada, January 31, 2021 Cameco (TSX: CCO; NYSE: CCJ) marked the successful closure today of the binding Membership Interest Purchase Agreement (MIPA) between Cameco Corporation, Silex Systems Limited (Silex) and GE-Hitachi Nuclear Energy, completing the ownership restructuring of Global Laser Enrichment LLC (GLE). With the restructuring, Cameco’s interest in GLE increases from 24% to …
TORONTO, Jan. 28, 2021 /CNW/ – Denison Mines Corp. (“Denison” or the “Company”) (TSX: DML) (NYSE: DNN) is pleased to report the results from the 2020 regional exploration program at the Company’s 90% owned Wheeler River Uranium Project (“Wheeler River”), including the discovery of new high-grade unconformity-hosted uranium mineralization up to 7.66% U3O8. Drill hole WR-741AD2, which …
Toronto, Ontario, January 28, 2021 – Purepoint Uranium Group Inc. (TSXV: PTU) (“Purepoint” or the “Company”) today announced that drilling program at Hook Lake has begun. Hook Lake is a joint venture between Cameco Corporation (39.5%), Orano Canada Inc. (39.5%), and Purepoint (21%) in the Patterson Uranium District, Saskatchewan, Canada. The Hook Lake Project lies on …
Added to Solactive Global Uranium Pure-Play Index TORONTO, ONTARIO, January 26, 2021 – Plateau Energy Metals Inc. (“Plateau” or the “Company”) (TSX-V:PLU | OTCQB:PLUUF) is pleased to announce positive uranium prospecting and sampling results extending existing drilled deposit trends and identifying new anomalies for future exploration drill testing at the Company’s Macusani Uranium Project area …
Toronto, ON: Global Atomic Corporation (“Global Atomic” or the “Company”), (TSX: GLO, OTCQX: GLATF, FRANKFURT: G12) announced the acceleration of the expiry date of common share purchase warrants (“warrants”) issued pursuant to the Company’s Unit private placement of May 2020. Units consisted of one common share and one-half common share purchase warrant exercisable at C$0.85 for …
The Global X Uranium ETF [URA] is expected to glow brightly once more in 2021. The ETF ended 2020 at $15.33 before rising 0.9% to $15.47 on 19 January. On the same date last year, it stood at $10.71, sliding to $6.94 on 18 March as the coronavirus pandemic battered markets. The fund reported cumulative …
