Summary Geiger counter going off after decade-long decline. Similar patterns of 2020 lows argue for larger moves just starting. We highlight some of our favorites from the sector. Looking for a helping hand in the market? Members of Stock Waves get exclusive ideas and guidance to navigate any climate. In our weekly Stock Waves …
Saskatoon, Saskatchewan, Canada, February 10, 2021 Cameco (TSX: CCO; NYSE: CCJ) today reported its consolidated financial and operating results for the fourth quarter and year ended December 31, 2020 in accordance with International Financial Reporting Standards (IFRS). “As we head into 2021, we remain positive about the long-term fundamentals for the uranium market,” said Tim Gitzel, …
Estonia needs to put in place the necessary legislation and competencies if a small modular reactor (SMR) is to be in operation by 2035, speakers at a conference organised by Fermi Energia agreed yesterday. The Baltic country aims to stop generating electricity from oil shale by 2035, but has yet to officially launch a nuclear …
French power group EDF said on Wednesday it could double its growth target for renewable energy and become a European champion in the field provided a planned re-organisation, code-named Hercules, can get the go-ahead. State-controlled EDF says the revamp, which will separate the debt-laden nuclear power business from the rest of the company’s assets, will …
Honeywell is gearing up to reopen the Metropolis Works plant in Metropolis, Illinois—the U.S.’s sole uranium conversion facility—and restart production of uranium hexafluoride (UF6) by early 2023. The Charlotte, North Carolina–based global technology giant told POWER in a statement on Feb. 9 it has communicated to employees and officials its intent to reopen the facility, which it idled …
Vancouver, British Columbia and Toronto, Ontario – February 9, 2021 – American Lithium Corp. (TSXV:LI | OTCQB:LIACF | Frankfurt:5LA1) (“American Lithium”) and Plateau Energy Metals Inc. (TSXV:PLU | OCTQB:PLUUF) (“Plateau”) are pleased to announce that they have entered into a definitive arrangement agreement (the “Agreement”) to consolidate two significant and strategic undeveloped lithium assets in …
TORONTO, Feb. 9, 2021 /CNW/ – Denison Mines Corp. (“Denison” or the “Company”) (TSX: DML) (NYSE: DNN) is pleased to report the results from the 2020 exploration and expansion drilling program focused on the area proximal to the high-grade Phoenix uranium deposit (“Phoenix”) at the Company’s 90% owned Wheeler River Uranium Project (“Wheeler River”). During the …
TORONTO, Feb. 8, 2021 /CNW/ – Denison Mines Corp. (“Denison” or the “Company”) (TSX: DML) (NYSE: DNN) is pleased to announce its 2021 evaluation program plans for the Company’s 90% owned Wheeler River Uranium Project (“Wheeler River” or the “Project”), including additional field testing activities to support the further de-risking of the application of the In-Situ Recovery (“ISR”) …
As the weekly uranium spot price continues to move in a tight range, new research explores the effect of delaying nuclear plant closures on global uranium demand. -The effect on uranium demand of delaying plant closures -Fourth quarter results for Kazatomprom -Uranium spot price falls marginally In the wake of President Biden’s inclusion of nuclear …
While silver stocks on the ASX retreated after their exuberant buying spree on Monday, Tuesday was a day in the sun for their uranium counterparts. The trigger for the yellowcake stocks was, unlike Reddit in the case of silver, a more established source – the Bank of America (BofA). As the Australian market opened on Tuesday, …