Uranium Proves Resilient in March (T.U.UN)

Performance as of March 31, 2023 Asset 1 MO* 3 MO* YTD* 1 YR 3 YR 5 YR U3O8 Uranium Spot Price 1 -0.30% 4.93% 4.93% -12.42% 22.84% 19.23% Uranium Mining Equities (Northshore Global Uranium Mining Index) 2 -6.74% -1.48% -1.48% -24.68% 52.15% 18.92% Uranium Junior Mining Equities (Nasdaq Sprott Junior Uranium Miners Index TR) 3 -11.02% -10.02% -10.02% -36.57% 60.99% …

V.GXU Announces Upsize to Previously Announced Bought Deal Private Placement to $15 Million

GoviEx Uranium Inc. (“GoviEx” or the “Company“) (TSXV: GXU; OTCQB: GVXXF) is pleased to announce that it has entered into an amended agreement with Eight Capital and Sprott Capital Partners, as lead underwriters and joint bookrunners (collectively, the “Underwriters“), in connection with an upsized “bought deal” private placement financing of 85,714,200 units of the Company …

Pressure mounts on EU to sanction Rosatom in next Russia sanctions package

With the European Commission having started work on the 11th Russia sanctions package since its invasion of Ukraine, Russia hardliners are reviving pressure to target the country’s nuclear industry. As the EU this week started preparing the next sanction package of sanctions against Russia, the bloc’s ambassadors are set to meet with European Commission officials …

V.ISO Provides Winter Exploration Update

IsoEnergy Ltd. (“IsoEnergy” or the “Company”) (TSXV: ISO; OTCQX: ISENF) is pleased to provide an update on winter 2023 exploration activities on its 100% owned Larocque East, Hawk and Geiger projects, all located in the northeastern region of the Athabasca Basin of Saskatchewan (Figure 1). Larocque East hosts the Company’s high-grade Hurricane Deposit. Highlights: Five …

T.CCO Signs Nuclear Fuel Agreement to Support Bulgaria’s Diversification Efforts

Cameco (TSX: CCO; NYSE: CCJ) has signed a 10-year supply contract to provide sufficient volumes of natural uranium hexafluoride, or UF6 (consisting of uranium and conversion services), to meet the full requirements of the Kozloduy 5 Reactor at the Kozloduy Nuclear Power Plant, the only nuclear generating station in the Republic of Bulgaria. “This is Cameco’s first …

Funds raised to extend operation of Atucha 1

Funding offers of $93m have been received to support extended operation of unit 1 of Argentina’s Atucha NPP by 20-25 years. The funds will also help to finance construction of a second dry storage facility for used fuel at plant site. Argentina’s nuclear utility Nucleoelectrica Argentina SA (NA-SA) said the second tranche of the NASA …

T.DML Announces Discovery of High-Grade Uranium Mineralization at Moon Lake South

Denison Mines Corp. (“Denison” or the “Company”) (TSX: DML) (NYSE American: DNN) is pleased to report that drill hole MS-23-10A intersected 1.38% eU3O8 over 8.7 metres (0.05% eU3O8 cut-off), including a sub-interval grading 2.88% eU3O8 over 3.1 m, intersected approximately 30 m above the unconformity in the Athabasca sandstone, as part of the recently completed winter exploration program at the Moon Lake South property (“Moon South”). View PDF version. …

House hearing highlights rising bipartisan support for nuclear energy amid wave of policy actions

Members of Congress voiced concerns about nuclear waste and were warned that plants and reactors aren’t being built fast enough to slow climate change. Members of a U.S. House of Representatives subcommittee on Tuesday pledged bipartisan support for the development of nuclear energy, while questioning the difficulty in disposing of spent fuel and the time …