The U3O8 spot price dropped 12.89 percent in the first quarter of 2019 to US$25.35 per pound, likely as a result of the widespread economic slowdown. Despite the downturn weighing on the sector, a number of uranium miners, explorers and producers have remained profitable, reporting share price growth over the Q1 period. In addition to …
Purepoint Uranium Group says it has finished the initial fieldwork at the Hook Lake joint venture. The project lies on the southwest edge of the Athabasca Basin in the Patterson uranium district, between Fission’s Triple R deposit and NexGen’s Arrow deposit. Hook Lake is owned jointly by Cameco Corp. (39.5%), Orano Canada (39.5%) and Purepoint …
Purepoint Uranium Group Inc. (the “Company” or “Purepoint”) (TSX: PTU.V) announced today that it has completed its initial 2019 fieldwork at the Hook Lake JV, a project owned jointly by Cameco Corp. (39.5%), Orano Canada Inc. (39.5%) and Purepoint Uranium Group Inc. (21%). The project lies on the southwestern edge of Saskatchewan’s Athabasca Basin and …
GoviEx Uranium Inc. has received a letter signed by Hassan Braze Moussa, Minister of Mines, Republic of Niger, supporting a commercial framework reached between GoviEx and the government of Niger during previously held high-level meetings. The support letter further directs GoviEx and the respective Ministry of Mines representatives to work together to finalize and document …
Denison Mines Corp. (the “Company”) (DML: TSX, DNN: NYSE American) is pleased to announce that, effective April 1, 2019, its wholly owned subsidiary, Denison Mines Inc. (“Denison” or the “Manager”), has entered into a new five year agreement (the “MSA”) to provide management services to Uranium Participation Corporation (“UPC” or the “Corporation”). David Cates, President & …
NexGen Energy Ltd. (“NexGen” or the “Company”) (TSX: NXE, NYSE MKT: NXE) is pleased to report radioactivity results for the first twenty holes comprising 8,216.5 m from the Company’s first phase of Feasibility-stage drilling program at our 100% owned, Rook I property in the Athabasca Basin Saskatchewan. Highlights: Objective I: Conversion of Indicated to Measured in …
Fission 3.0 Corp. (“Fission 3” or the “Company”) announces that it has increased its interest in Patterson Lake North property (the “Property”). Pursuant to a property option and joint venture agreement dated April 29, 2013 (the “Option and JV Agreement”) between Fission Uranium Corp. and Azincourt Energy Corp. (“Azincourt”), which was later acquired by Fission …
NexGen Energy Ltd. (“NexGen” or the “Company”) (TSX:NXE, NYSE MKT:NXE) is pleased to announce the appointment of former Saskatchewan Premier Mr. Brad Wall to the Company’s Board of Directors. This appointment coincides with the retirement from the NexGen Board of Craig Parry, Chief Executive Officer of IsoEnergy and founding member of the Board of Directors at …
Back in July, I wrote an article for MoneyWeek magazine about uranium. “The most hated metal in the world is due a comeback” ran the title. Today we revisit uranium and consider some of its prospects from here. The winter seems cruel for nuclear fuel Since that article uranium has had something of a comeback, …
UEX Corporation (UEX:TSX) (“UEX” or the “Company”) is pleased to announce the second tranche of assay results from the winter drilling program on the Company’s 100% owned West Bear Property, located in the eastern Athabasca Basin of northern Saskatchewan. In January, UEX commenced a $4.25 million 110-160 drill hole program at West Bear with the …