Denison Mines Corp. (“Denison” or the “Company”) (DML: TSX, DNN: NYSE American) is pleased to report that the results from hydrogeological test work, completed in 2019 at the high-grade Phoenix uranium deposit (“Phoenix”), have confirmed the ability to achieve bulk hydraulic conductivity values (a measure of permeability) consistent with the Pre-Feasibility Study (“PFS”) completed for the …
Denison Mines Corp. (“Denison” or the “Company”) (DML: TSX, DNN: NYSE American) is pleased to report that initial data from core leach tests includes elemental uranium (“uranium”) concentrations, after the initial test startup, in the range of 13.5 grams per litre (“g/L”) to 39.8 g/L. This compares favourably to the previous metallurgical test work completed to …
Energy Fuels Inc. (NYSE American: UUUU; TSX: EFR) (“Energy Fuels” or the “Company”), a leading uranium producer in the U.S., applauds President Trump for yesterday announcing a budget that seeks $150 million per year over the next 10 years (totaling $1.5 billion over that timeframe) to establish a strategic uranium reserve intended “to provide additional …
Scalable, long mine life battery grade lithium chemical project in Peru. Production of approximately 63,000 tonnes per annum (“tpa”) average over 33 years of battery-grade lithium carbonate (“Li2CO3”) growing to 85,000 tpa Li2CO3 at steady state throughput of 6.0 million tpa After-tax NPV8% $1.55 billion at $12,000/t Li2CO3; after-tax IRR of 19.7% Low 2nd quartile …
AZINCOURT ENERGY CORP. (“Azincourt” or the “Company”) (TSX.V: AAZ, OTC: AZURF), is pleased to confirm drilling has commenced at the 25,000+ hectare East Preston Uranium Project, located 50km southeast of Patterson Lake, in the Western Athabasca Basin, northern Saskatchewan, Canada. Drilling has begun at pad EP20PADB, which is located along the northern part of the …
JSC National Atomic Company “Kazatomprom” (“Kazatomprom” or “the Company”) announces its intention to sell its 50% interest (minus one (1) share) in the Uranium Enrichment Center JSC (“UEC”) to its partner in the joint venture, TVEL Fuel Company (“TVEL”), for RUB6.253 billion (approximately US$100 million). The value of the Company’s interest in UEC is based …
While uranium spot prices were down 14% in 2019, supply and demand fundamentals for uranium are the “most bullish in years,” and the sector “offers its most compelling value proposition since pre-Fukushima,” Haywood Securities says in a new research note. “Looking ahead, we believe we are in the early stages of a long-term bull market …
Cameco (TSX: CCO; NYSE: CCJ) will issue its fourth quarter results before markets open on Friday, February 7, 2020. Cameco invites investors and the media to join its fourth quarter conference call with the company’s senior executives on Friday, February 7, 2020 at 8:00 a.m. Eastern. Cameco will discuss trends in the market and the …
While the price of uranium suffered a steep decline after the 2011 Fukushima Daiichi nuclear accident, growing pressures to decarbonize power generation provide support for the commodity, which is currently priced at cyclical lows. Below, we provide an overview of eight companies active in uranium exploration and development. Appia Energy Appia Energy (CNSX: API; US-OTC: APAAF) …
Cameco (TSX: CCO; NYSE: CCJ) announced today that President and CEO, Tim Gitzel, will be speaking at the CIBC Annual Western Institutional Investor Conference being held on January 28 – 31, 2020. The presentation will occur on Wednesday, January 29 at 2:00 p.m. MST (4:00 p.m. EST) and will be available by audiocast on cameco.com. …
