Canada’s Cameco is soliciting bids from uranium producers and trading companies to supply 500,000 lb of uranium between the end of this year through March 21, 2019, with a requirement that the material not be of Russian origin, market sources said last Thursday. The solicitation, made Tuesday, sets August 31 as the deadline for potential …
The public sector undertakings and industrial units of India’s Department of Atomic Energy (DAE) performed “exceptionally well” in 2017, DAE chairman and secretary Sekhar Basu said at celebrations marking the 71st anniversary of Indian independence on 15 August. Nuclear generator Nuclear Power Corporation of India Ltd’s (NPCIL’s) 2017 profit of INR3367 crore (USD482 million) was …
CEO Samruk-Kazyna welfare fund Akhmetzjan Yesimov briefed the President of Kazakhstan Nursultan Nazarbayev on the results the fund’s activities in the first 7 months of the current year and plans for the forthcoming period. The main indicators for the first half of the year are positive. 18 assets worth KZT 42 billion ($117 million) were …
FISSION URANIUM CORP. (“Fission” or “the Company”) is pleased to announce the completion of its summer field program and provide results from all nine summer program holes at the R780E zone, at its PLS property, in Canada\’s Athabasca Basin region. All nine holes have hit wide, high-grade mineralization. The holes are designed to upgrade key …
Energy Fuels Inc. (NYSE American: UUUU; TSX: EFR) (“Energy Fuels” or the “Company”), a leading producer of uranium and vanadium in the United States, is pleased to announce that it has completed the previously announced acquisition from Excalibur Industries (“Excalibur”) of royalties on the Company’s 100%-owned Nichols Ranch in situ recovery (“ISR”) project in Wyoming …
An investment vehicle designed to profit from the rising price of uranium is to snap up another £8m-worth of the radioactive mineral. Yellow Cake, which raised $200m (£156m) in a successful float on the London Stock Exchange earlier this summer, said it would buy another 350,000 lb of uranium from Kazakh supplier Kazatomprom and store it …
Republican and Democratic U.S. senators introduced legislation on Thursday to impose stiff new sanctions on Russia, the latest effort by lawmakers to punish Moscow over interference in U.S. elections and its activities in Syria and Ukraine. The bill includes restrictions on new Russian sovereign debt transactions, energy and oil projects and Russian uranium imports, and …
Highlights: Paladin announces an off-market takeover offer for the shares in Summit it does not presently own Consideration of one (1) new Paladin share for every one (1) Summit share held Paladin currently holds 82.08% of the ordinary shares in Summit If successful, Offer would result in approximately 39.1M new Paladin shares being issued to …
The possible introduction of tariffs on the import of uranium into the U.S. could have a negative impact on the activities of Kazakh companies – uranium suppliers, according to the Kazakh Energy Ministry, RIA Novosti reported. “Kazakhstan has several long-term contracts for the supply of natural uranium to the U.S., and the possible imposition of …
Cameco (TSX: CCO; NYSE: CCJ) today reported its consolidated financial and operating results for the second quarter ended June 30, 2018 in accordance with International Financial Reporting Standards (IFRS). “Our results reflect the impact of a weak uranium market and the deliberate actions we have taken driven by the goal of increasing long-term shareholder value,” …
