Big tech’s nuclear option
Silicon Valley CEOs can get obsessed with some pretty weird things — colonizing Mars, ultra-ascetic diets, wearing the same outfit every single day, or living forever. But there’s nothing head-scratching…
Uranium
Baselode Energy logs high-grade uranium hits at Ackio in Saskatchewan
Baselode Energy (TSXV: FIND; US-OTC: BSENF) shares rose 8.3% in morning trading after the company released high-grade uranium results from two new drill holes at its Ackio prospect in northern…
Canada reviews Paladin’s Fission takeover on national security grounds
Paladin Energy’s (ASX: PDN) proposed takeover of Saskatchewan uranium developer Fission Uranium (TSX: FCU) has hit a fresh roadblock after the Canadian government informed the company the deal is now…
IsoEnergy acquires Anfield in uranium deal on road to become major US producer
Canadian uranium developer IsoEnergy (TSXV: ISO; US-OTC: ISENF) is buying Anfield Energy (TSXV: AEC; US-OTC: ANLDF) in an all-stock deal valued at $126.8 million to acquire its Shootaring Canyon conventional mill in…
Denison deal shows slumping battery metals benefiting uranium sector
Foremost Lithium Resource & Technology (CSE: FAT; NASDAQ: FMST), a junior with early-stage projects in Quebec and Manitoba, is pivoting into uranium through a cash and shares earn-in deal with Denison…
Uranium Energy to buy Rio Tinto’s Wyoming assets for US$175M
Uranium Energy (NYSE-AM: UEC) has agreed to buy Rio Tinto’s (NYSE: RIO; LSE: RIO; ASX: RIO) uranium assets in Wyoming, which include the fully-licensed Sweetwater plant and a portfolio of…
CanAlaska Uranium’s high-grade hits hint at Pike zone strength
Results from CanAlaska Uranium‘s (TSXV: CVV; US-OTC: CVVUF) summer drilling program continue to reveal the potential of its Pike zone on the West McArthur project, a joint venture with Cameco…
Chinese investor steps in to block Paladin’s Fission buy
Australia’s Paladin Energy (ASX: PDN) has hit a roadblock in its proposed acquisition of Canada’s Fission Uranium (TSX: FCU) after a Chinese investor in the takeover target opposed the tie-up. …
Putin’s exports threat lifts uranium, nickel producers
Stocks in nickel and uranium producers gained this week when Russian President Vladimir Putin floated the idea of limiting metals exports, refueling geopolitics as a top risk, mining analysts said….
Uranium Energy logs high-grade hits at Roughrider North deposit’s core in Saskatchewan
Drilling at Uranium Energy’s (NYSE: UEC) Roughrider project in northern Saskatchewan has hit high-grades that expand the northern end of the deposit’s core, the company reported Thursday. Hole RR-961, drilled…
Uranium market under pressure, but long-term outlook remains positive
The uranium market has faced some short-term pressure, with spot prices dropping below US$80 per lb. after hitting a peak of US$107 in February. Despite this drop, prices are still…
Canada imposes tariffs on Chinese EVs, steel to boost mining sector
Canada on Monday introduced weighty tariffs on steel, aluminum and electric vehicle (EV) imports from China in a move the government said will protect the mining sector and domestic jobs…