American indexes on the front foot during May 29-June 2 trading week
The Dow Jones Industrial Average added 580.28 points or 1.8% to 33,673.62 and the S&P 500 gained 87.7 points or 1% over the week to 4,293.13. Among the top gainers…
Uranium
Top Ten Australian juniors exploring in Canada
The following companies are the Top Ten Australian-headquartered juniors with a market capitalization of less than $1 billion, and have one or more active exploration projects in Canada, ranked according…
Video: Why Purepoint Uranium’s Athabasca basin assets are different
Chris Frostad, president and CEO of Purepoint Uranium Group discusses how Purepoint stands out among explorers in the Athabasca basin of Saskatchewan and its plans for the Hook Lake project…
Work to sideline Russia on nuclear fuel puts Cameco at centre stage
Cameco CEO Tim Gitzel first joined the company’s executive team in 2007 – the year that the uranium price peaked at a high of US$136 per lb., rising from less…
Top uranium miner Kazatomprom to develop own rare metals deposit
The world’s largest uranium producer, Kazatomprom (LSE: KAP), will begin developing its own deposit of rare metals in Kazakhstan’s Aktobe province through its subsidiary Ulba Metallurgical Plant. The Kazatomprom’s unit,…
NexGen, Fission power ahead at Rook I, PLS uranium projects
Two uranium projects in Saskatchewan’s Athabasca basin moved closer to construction this week, with NexGen Energy (TSX: NXE; NYSE: NXE; ASX: NXG) reporting strong interest from lenders in funding its…
TSX Venture index falls nearly 4% during Apr. 17-21 trading week
The S&P/TSX Venture Composite Index fell 23.68 points or 3.7% over the Apr. 17-21 trading period to close at 614.2. Sigma Lithium fell the most by value, dropping $5.37 apiece…
Far North Snapshot: Eight companies exploring for gold, critical minerals and more
The Far North contains a wealth of minerals, and although remote, many Far North regions have a rich history of mining. Here’s a glimpse of eight companies advancing some of…
F3 Uranium shares rise on high-grade results from Patterson Lake North
F3 Uranium (TSV: FUU) has released strong initial assay results on Monday from winter drilling at its 100% owned Patterson Lake North (PLN) property in northern Saskatchewan. This 20-hole program…
Cameco wins $300M tax refund, seeks hundreds of millions more
Cameco (TSX: CCO; NYSE: CCJ) has won $300 million back from Canada’s taxman in a dispute lasting two decades, but it says the full figure should be more than three…
The View from England: Myopic politicians seeing nuclear at last
Politicians everywhere have a tendency to make decisions based on short-term outcomes that might become catastrophic in the long term. There are few better examples of this than legislation in…
Kazatomprom’s 2022 profit doubles as it lowers 2023 production guidance
Kazatomprom (LSE: KAP) reported a 115% increase in full-year 2022 earnings on Friday, thanks to a 31% increase in the average realized uranium price. Despite the solid financial performance, the…