Yellow Cake PLC hails robust market fundamentals for uranium

“Rising demand and constrained supply, together with the steady run-off of long-term contracts has created a positive price environment” Physical uranium stockpiler Yellow Cake PLC (LON:YCA) said the recent pullback in spot prices presented a good buying opportunity as it remained confident in the long-term outlook for the radioactive metal. The global spot uranium price softened to …

V.PLU Files Technical Report for the Falchani Lithium Project

Plateau Energy Metals Inc. (“Plateau” or the “Company”) (TSX-V:PLU | OTCQB:PLUUF) announces that it has filed an independent National Instrument 43-101 – Standards of Disclosure for Minerals Projects(“NI 43-101”) technical report (the “Report”) on the updated mineral resource estimate at the Company’s Falchani Lithium Project announced on March 4, 2019 (the “News Release”). Key Highlights: …

V.AEC Increases Private Placement to $3.5 Million and Closes Initial Tranche | Anfield Energy

Anfield Energy Inc. (TSX.V: AEC; OTCQB: ANLDF; FRANKFURT: 0AD) (“Anfield” or “the Company”) is pleased to announce that it has increased the size of its non-brokered private placement to 17,500,000 units (each, a “Unit”) at a price of $0.20 per Unit, for gross of up to $3,500,000.  The Company has closed an initial tranche of the placement …

V.AEC Acquires Upper Maybelle River Project From Radio Fuels | Anfield Energy

Anfield Energy Inc. (TSX.V: AEC; OTCQB: ANLDF; FRANKFURT: 0AD) (“Anfield” or “the Company”) is pleased to announce that it has acquired 100% interest in the Upper Maybelle River Uranium Project (“Upper Maybelle”) from Radio Fuels, a private company. The property consists of six mineral claims totalling 12,851 hectares and is located in the Athabasca Basin; it …

Department of Commerce Submits Uranium Section 232 Report to President Trump

Ur-Energy Inc. (NYSE American: URG; TSX: URE) (“Ur-Energy”) and Energy Fuels Inc. (NYSE American: UUUU; TSX: EFR) (“Energy Fuels”) are pleased that on April 14, 2019 the U.S. Department of Commerce (“DOC”) submitted a report to the White House on DOC’s investigation into the effects of uranium imports on U.S. national security. The president now …

Department of Commerce Submits Uranium Section 232 Report to President Trump | Energy Fuels

Ur-Energy Inc. (NYSE American: URG; TSX: URE) (“Ur-Energy”) and Energy Fuels Inc. (NYSE American: UUUU; TSX: EFR) (“Energy Fuels”) are pleased that on April 14, 2019 the U.S. Department of Commerce (“DOC”) submitted a report to the White House on DOC’s investigation into the effects of uranium imports on U.S. national security. The president now …

T.FCU PFS shows Low OPEX of US$6.77/lbs U3O8, High IRR and Clear Growth

FISSION URANIUM CORP. (“Fission” or “the Company”) is pleased to announce the results of a Prefeasibility Study (the “PFS”), conducted by Roscoe Postle Associates Inc. (“RPA”) and first-time estimate of Mineral Reserves for its’ Patterson Lake South (“PLS”) property in Canada’s Athabasca Basin region. With an estimated OPEX of just US$6.77/lb U3O8 and an IRR …

Forget Oil! 2 Uranium Stocks for a Master Investor

Vulnerable to the vagaries of bottle necking and subject to geopolitical machinations, oil stocks can sink or swim depending on oil prices themselves, with per-barrel valuation dictated by supply flow and market demand. Not only that, but the entire industry is earmarked for eventual shutdown by the more sustainable and less environmentally impactful renewables industry. …

Yellow Cake plc ups share placing to £25.9mln amid strong investor demand

Yellow Cake PLC (LON:YCA) is raising £25.9mln, increased from £22.9mln, through a share placing in order to fund the purchase of at least 1mln pounds of uranium. The company, a vehicle specifically set up to acquire and own physical uranium as an investment strategy, upgraded the funding after the original offer (announced yesterday) saw strong investor …