It’s no secret that artificial intelligence (AI) is integral to our future. AI has been a catalyst fueling this year’s stock market rally. Seven of the nine largest companies in the S&P 500 Index are tech and AI-related stocks, which have helped propel the Index to record highs in July. AI impacts multiple facets of …
NexGen Energy Ltd. (“NexGen” or the “Company”) (TSX: NXE) (NYSE: NXE) (ASX: NXG) is pleased to announce the mineralized zone at Patterson Corridor East (PCE) has materially expanded since the original discovery in the 2024 Winter Program (see NexGen News Release dated March 11, 2024). The Summer Drill Program commenced May 21st, with eight (8) out of twelve (12) drillholes …
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 three and six months ended June 30, 2024. Both documents will be available on the Company’s website at www.denisonmines.com, SEDAR+ (at www.sedarplus.ca) and EDGAR (at www.sec.gov/edgar.shtml). The highlights provided below are derived from these …
Sprott Inc. (NYSE/TSX: SII) (“Sprott” or the “Company”) today announced its financial results for the three and six months ended June 30, 2024. Management commentary “We are pleased to report that during the second quarter of 2024, Sprott’s Assets Under Management (“AUM”) reached $31.1 billion, up 6% from March 31, 2024 and up 8% from December …
IsoEnergy Ltd. (“IsoEnergy” or the “Company”) (TSX: ISO; OTCQX: ISENF) is pleased to provide an update on the reopening of the underground and comprehensive work program at the Tony M uranium mine in Utah (“Tony M” or the “Mine”). As announced in a press release on February 29, 2024, the Company made a strategic decision to reopen access …
Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) (“Energy Fuels” or the “Company”), an industry leader in uranium and rare earth elements (“REE“) production for the energy transition, today reported its financial results for the quarter ended June 30, 2024. The Company previously announced details for its upcoming August 5, 2024 earnings call, which are also included in this news release. …
According to Tim Gitzel, CEO of Cameco, a large uranium producer from Canada, uranium production in Kazakhstan could become less attractive once a new calculation and collection methodology for the Mineral Extraction Tax (MET) is introduced in 2025. The prime cost for uranium production in Kazakhstan has long been considered low but may rise after the …
The Canadian uranium producer sees long-term order growth as clean energy demand rises and U.S. nuclear operators seek alternatives to Russian supplies. Recent U.S. policy developments such as the July enactment of the ADVANCE Act and the U.S. Department of Energy’s June funding commitment for small modular reactor development, are among the longer-term tailwinds for Cameco’s North …
NexGen Energy Ltd. (“NexGen” or the “Company”) (TSX: NXE) (NYSE: NXE) (ASX: NXG) announced today an update to the initial capital, sustaining, and operating cost estimates for the Company’s 100%-owned Rook I Project (or “the Project”). The estimated pre-production capital costs (“CapEx”) are Canadian Dollar (“C$”) C$2.2 billion / US Dollar (“USD”) $1.58BN, with an average cash operating cost (“OpEx”) over the …
Global Atomic Corporation (“Global Atomic” or the “Company”) (TSX: GLO, OTCQX: GLATF, FRANKFURT: G12) is pleased to announce the closing of its previously announced non-brokered private placement (the “Offering”) for gross proceeds of C$20,000,000.25. The Company sold 14,814,815 units of the Company (each, a “Unit”) at a price of C$1.35 per Unit. Red Cloud Securities Inc. (“Red Cloud”) …
