T.LAM Updates Progress on 2023 Drilling Program and Makes New Discovery with “Off-Scale” Radioactivity Reading from Surface Reconnaissance

By John Dyer   Posted in Equities
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2023 Drilling campaign completed 4,108 metres; 40 holes across Amphitheatre, Long Pocket, Black Hills and Huarabagoo targets; Assay results from Amphitheatre confirm that shallow uranium mineralisation continues to the south: (AM23DD004) 2.8m @ 392ppm U3O8 from 43m depth (AM23DD005) 2.55m @ 439ppm U3O8 from 8.45m depth including 0.6m @ 920ppm U3O8 >65,535cps “Off-Scale” radioactivity discovered at surface during reconnaissance exploration at new prospect, named U-Valley Laramide Resources …

T.U.UN Announces Third Quarter 2023 Results

By John Dyer   Posted in Equities
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Sprott Inc. (NYSE/TSX: SII) (“Sprott” or the “Company”) today announced its financial results for the three and nine months ended September 30, 2023. Management commentary “Despite another challenging period for investors in all asset categories, Sprott continues to deliver positive net sales and asset growth, finishing September with $25.4 billion in Assets Under Management (“AUM”),” said …

Macron Lands in Putin’s Backyard Seeking New Friends and Uranium

By John Dyer   Posted in Supply U
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Paris eyes deeper cooperation with resource-rich Kazakhstan Macron also wants to tempt Central Asia away from Putin After finding itself suddenly unwelcome in its traditional sphere of influence, France is casting further afield. That’s why president Emmanuel Macron will travel to energy-rich Central Asia this week to visit Kazakhstan and Uzbekistan, two suppliers of the uranium that powers the …

CEZ Group’s Dukovany Power Plant II has received final bids for the construction of a new nuclear power plant in Dukovany from three bidders

By John Dyer   Posted in Pending Reactors U
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CEZ Group’s Elektrárna Dukovany II (EDU II), a wholly owned subsidiary of ČEZ, has received final bids for the construction of a new nuclear power plant in Dukovany from three bidders. The suppliers submitted a binding bid for Dukovany Unit 5 and non-binding bids for the other three units. US-Canadian Westinghouse, French EdF and Korean KHNP had until …

T.CCO Reports 2023 Third Quarter Results

By John Dyer   Posted in Equities
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Cameco announces third quarter results; tier-one transition continues to drive gross profit improvement; amplified security of supply concerns benefit full-year revenue outlook; decade-high industry contracting volume achieved; dividend declared Cameco (TSX: CCO; NYSE: CCJ) today reported its consolidated financial and operating results for the third quarter ended September 30, 2023, in accordance with International Financial Reporting …

V.SYH’s Partner Company North Shore Energy Metals Announces Closing of Qualifying Transaction and Proceeds With Option

By John Dyer   Posted in Equities
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Skyharbour’s Partner Company North Shore Energy Metals Announces Closing of Qualifying Transaction and Proceeds With Option Skyharbour Resources Ltd. (TSX-V: SYH)(OTCQX: SYHBF) (Frankfurt: SC1P) (“Skyharbour” or the “Company”), is pleased to announce that partner company, North Shore Energy Metals Ltd. (“North Shore”), has completed its Qualifying Transaction with North Shore Uranium Ltd. (formerly Clover Leaf …

Hedge Funds Pile Into Uranium Stocks Set for ‘Dramatic’ Rise

By John Dyer   Posted in Nuclear Attitude U
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Several hedge fund managers have started ratcheting up their exposure to uranium stocks, as they bet on significant price gains. Terra Capital’s Matthew Langsford, Segra Capital’s Arthur Hyde, Argonaut Capital Partners’ Barry Norris and Anaconda Invest’s Renaud Saleur are among managers building bets on uranium companies such as Cameco Corp., Energy Fuels Inc., Ur-Energy Inc. …

T.CCO Marks Uranium Supply Agreement with China Nuclear International Corporation

By John Dyer   Posted in Equities
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Cameco (TSX: CCO; NYSE: CCJ) has signed a uranium supply agreement with China Nuclear International Corporation, a subsidiary of China National Nuclear Corporation (CNNC), one of the country’s largest nuclear power operators. The contract, finalized earlier this year, was marked as part of the 2023 International Forum on Natural Uranium Industry taking place in Beijing. “China …

Repair work under way at Krško nuclear power plant

By John Dyer   Posted in Existing Fleet U
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The Krško nuclear power plant was shut down in early October after the discovery of a leak in the primary circuit connection system pipeline. Operator Nuklearna elektrarna Krško (NEK) says that following further investigation and analysis, a decision has been taken replace the complete pipeline segment from the reactor vessel to the first valve. The …