V.SYH Announces Additional Uranium Property Staking Increasing Total Property Portfolio to over 1.45 Million Acres in the Athabasca Basin, Saskatchewan

By John Dyer   Posted in Equities
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Skyharbour Resources Ltd. (TSX-V: SYH) (OTCQX: SYHBF) (Frankfurt: SC1P) (“Skyharbour” or the “Company”) is pleased to announce that it has acquired by low-cost staking new prospective uranium exploration claims in northern Saskatchewan, increasing Skyharbour’s total land package that it has ownership interest in to 587,364 ha (1,451,408 acres) across 29 projects. These 100% owned claims add an additional 64,267 ha to …

Nuclear tax credits underpin growth, says Constellation

By John Dyer   Posted in Nuclear Attitude Reactors U
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Federal nuclear production tax credits are providing the foundation for the USA’s largest producer of carbon-free energy to continue to invest in growth opportunities, Constellation Energy said in its 2023 results announcement and 2024 earnings forecast. Constellation recently marked its second anniversary as a standalone company since the separation of Exelon Generation’s regulated utility and …

T.DML Announces Exclusive Acquisition of MaxPERF Tool Systems, Enhancing T.DML’s Leadership in ISR Mining in the Athabasca Basin

By John Dyer   Posted in Equities
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 Denison Mines Corp. (“Denison”) (TSX: DML) (NYSE American: DNN) is pleased to announce that it has completed an acquisition of fixed and mobile MaxPERF Tool Systems from Penetrators Canada Inc. (“Penetrators”). Significantly, Penetrators has also agreed to work exclusively with Denison with respect to the use of the MaxPERF Tool Systems for uranium mining applications, and related services, in Saskatchewan for a …

Sweden moves to lift uranium mining ban

By John Dyer   Posted in Supply U
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Sweden’s Climate and Environment Minister Romina Pourmokhtari has announced the launch of an investigation to abolish the country’s ban on uranium mining. The move was welcomed by Australia-based Aura Energy, which hopes to extract uranium as a by-product from its 100%-owned Häggån polymetallic project in Sweden. On 16 May 2018, the Swedish parliament passed an …

T.EFR Announces 2023 Results: Record Net Income and Earnings per Share, Uranium Production Ramp-Up, and Near-Term Production of Separated Rare Earth Elements

By John Dyer   Posted in Equities
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Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) (“Energy Fuels” or the “Company”) today reported its financial results for the year ended December 31, 2023. The Company’s Annual Report on Form 10-K has been filed with the U.S. Securities and Exchange Commission (“SEC“) and may be viewed on the Electronic Document Gathering and Retrieval System (“EDGAR“) at www.sec.gov/edgar.html, on the …

Canada’s Climate Plan: Nuclear Power

By John Dyer   Posted in Existing Fleet Nuclear Attitude U
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It’s essential for keeping a clean-energy electrical grid. Nuclear power has been the backbone of Ontario’s clean electric grid for the past half-century. Starting in 1971, the Canadian province constructed 20 large heavy-water reactors over the next 22 years. The rationale at the time wasn’t combating climate change but replacing expensive coal imported from the …

Nuclear life extensions steer Ontario towards zero carbon future

By John Dyer   Posted in Existing Fleet Nuclear Attitude U
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Canada’s most populated province is extending the lifespan of the country’s oldest operating nuclear power plant, doubling down on nuclear plant overhauls to pursue green goals.  Ontario Power Generation (OPG) last month abandoned plans to close the remaining six reactors at its Pickering Nuclear Power Station, opting instead to refurbish four of the units (Pickering …

France’s $1.6 billion uranium deal with Mongolia faces delays

By John Dyer   Posted in Supply U
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A $1.6 billion uranium mining deal between France and Mongolia that is part of French efforts to diversify supplies to power its fleet of nuclear reactors is running into political hurdles. A debate about protecting strategic resources in Mongolia risks delaying the finalization of the agreement until after elections in June, according to two people …