Kazakhstan to remain uranium mining leader, says Energy Minister

Kazakhstan will remain the world’s leader in uranium mining despite the complicated situation in the global market, said Minister of Energy of Kazakhstan Kanat Bozumbayev, Kazinform correspondent reports. “Despite the difficulties in the global uranium market, we intend to maintain leadership in uranium mining. Now there is an oversupply of uranium and this trend continues,” …

Cameco Reports Fourth Quarter and 2018 Financial Results

Cameco (TSX: CCO; NYSE: CCJ) today reported its consolidated financial and operating results for the fourth quarter and year ended December 31, 2018 in accordance with International Financial Reporting Standards (IFRS). “As we expected, we had a strong finish to 2018,” said Tim Gitzel, Cameco’s president and CEO. “There were some significant developments in 2018 …

V.SYH Option Partner Orano Canada Commences Winter Diamond Drill Program at Preston Uranium Project

Skyharbour Resources Ltd. (TSX-V:SYH) (OTCQB:SYHBF) (Frankfurt:SC1P) (the “Company”) is pleased to announce that the Company’s option partner Orano Canada Inc. (“Orano Canada”) has commenced a planned 3,600 metre winter diamond drill program at the Preston Uranium Project. The project is located in the western Athabasca Basin near NexGen Energy Ltd.’s high-grade Arrow deposit hosted on …

The Lure of Fake (U) News

EXCLUSIVE TO SIGHTLINE U3O8: Any time a commodity price heads towards a high note, we see an abundance of newly minted exploration companies and newly identified projects of great prospect.  In the absence of a defined resource, exploration companies must raise financing on a demonstration of superior talent, superior technology and superior indications of a …