Toronto, Ontario – November 9, 2017 – Purepoint Uranium Group Inc. (the “Company” or “Purepoint”) (TSX:PTU.V) today reported the staking of 6 new claims adjacent to their 100% owned McArthur East project, increasing the total size of the project to 5,600 hectares. The McArthur East property, initially adjoining Cameco’s McArthur River project to the west, …
The patience of Cameco Corp. shareholders is being testing yet again, as the Saskatchewan-based uranium producer’s latest round of quarterly earnings fell short of expectations, the company cut its dividend, and now it has decided to temporarily suspend work at two operations. The news sent Cameo shares higher, as the production cut is expected to …
Cameco (TSX: CCO; NYSE: CCJ) announced today that due to continued uranium price weakness, production from the McArthur River mining and Key Lake milling operations in northern Saskatchewan will be temporarily suspended by the end of January 2018 and that the company’s annual dividend will be reduced to $0.08 per common share in 2018. “With the …
Plateau Uranium Inc. (“Plateau Uranium” or the “Company“) (TSX VENTURE:PLU) (FRANKFURT:QG1), a Lithium/Uranium development company, is pleased to announce that it has completed a non-brokered private placement (the “Financing”). The Company issued and sold approximately 6.0 million units (“Units”) at a price of C$0.30 per Unit, raising gross proceeds of C$1.8 million. Each Unit consisted …
Purepoint Uranium Group Inc. (TSX:PTU.V) today reported the staking of 6 new claims adjacent to their 100% owned McArthur East project, increasing the total size of the project to 5,600 hectares. The McArthur East property, initially adjoining Cameco’s McArthur River project to the west, now also adjoins their Cigar Lake project to the north. These …
EIA’s International Energy Outlook 2017 (IEO2017) projects that global nuclear capacity will grow at an average annual rate of 1.6% from 2016 through 2040, led predominantly by countries outside of the Organization for Economic Cooperation and Development (OECD). EIA expects China to continue leading world nuclear growth, followed by India. This growth is expected to offset declines …
An early regulatory review may put Terrestrial Energy on track to commission the first fourth-generation reactor in North America. Canadian regulators announced that Terrestrial Energy has completed the initial phase of a design review for its molten-salt nuclear power plant, giving the Ontario-based company a small early lead in the race to commission the first …
UEX Corporation (UEX:TSX) (“UEX” or the “Company”) is pleased to announce that the Company is currently evaluating opportunities to enhance shareholder value through its 100% owned West Bear Cobalt-Nickel Prospect located on the Hidden Bay Project, immediately east of the West Bear Uranium Deposit (“WBU Deposit”). The West Bear Co-Ni Prospect was discovered by the …
Including the Right Juniors can Maximize your Returns Rick Rule, President & CEO at Sprott US Holdings Inc., is quite proud to tell anyone who will listen that during his first foray into uranium investing his “worst” stock pick returned 22:1. During that run in the early 2000’s, uranium prices and related equities saw record …
PARIS (Reuters) – The French government has postponed a long-held target to reduce the share of nuclear energy in the country’s power production after grid operator RTE warned it risked supply shortages after 2020 and could miss a goal to curb carbon emissions. Environment Minister Nicolas Hulot said on Tuesday it was not realistic to …
