China’s CNNC eyes Canadian uranium projects
China is becoming more active on the uranium front, with a state-owned nuclear giant eyeing international uranium projects after acquiring a share in French nuclear firm Areva.
Uranium
Hudbay hits commercial production at Constancia
Hudbay Minerals (TSX: HBM; NYSE: HBM) has stayed on course with its ambitious growth plans over the last five years, bringing online three new mines, with the latest being the large Constancia copper-molybdenum-gold-silver mine in Peru.
Kivalliq ready to drill Dipole at Angilak
VANCOUVER — Explorer Kivalliq Energy (TSXV: KIV; US-OTC: KVLQF) has spent the past few years building a substantial uranium resource along the promising Lac 50 trend, 350 km west of the Rankin Inlet in Nunavut, but it’s an upcoming…
Kivalliq, Roughrider see promise outside the Athabasca
VANCOUVER — Excitement is building over uranium deposits outside the prolific Athabasca basin. And joint-venture partners Kivalliq Energy (TSXV: KIV; US-OTC: KVLQF) and Roughrider Exploration (TSXV: REL) are hoping to add to a growing…
Cameco’s Gitzel: Indian supply deal a ‘foot in the door’
VANCOUVER — Canada and India heralded a new era of economic cooperation on April 15 when the countries announced a uranium trade agreement wherein Canadian producer Cameco (TSX: CCO; NYSE: CCJ) will fuel growing Indian power needs over…
Wall Street marches higher, April 6-10
U.S. stocks rose for a second straight week. The Dow Jones Industrial Average advanced 294.41 points to 18,057.65 and the S&P 500 Index gained 35.1 points to finish at 2,102.06. Both indexes were up 1.7%. The Nasdaq Composite rose 2.2% to…
Editorial: Canada, India reunite over uranium
How long do you hold a grudge before letting bygones be bygones? For the Canadian government, it’s about 40 years when it comes to the Indian government’s betrayal over its use of peaceful Canadian nuclear technology to build a…
Pele Mountain moves monazite processing plan ahead
When Pele Mountain Resources (TSXV: GEM; US-OTC: GOLDF) announced a strategy in October 2014 to extract and separate rare earth elements from monazite concentrate imported from overseas at its Eco Ridge project in Elliott Lake, the plan caught…
Forsys pushes Norasa uranium project to feasibility
Forsys Metals (TSX: FSY) has reported feasibility study results for its Norasa uranium project in the Erongo region of central-west Namibia.
Northern Uranium’s Ulansky: ‘We’ve found the system’
With Chuck Fipke — the man who discovered the Ekati diamond mine — as a geological consultant, advisor and significant shareholder, and a recent run-up in the share price, Northern Uranium (TSXV: UNO; US-OTC: NOURF) is generating…
Wall Street ends in the red, March 2-6
U.S. stocks tumbled during the first week of March as investors worried the strong monthly jobs report might trigger the Federal Reserve to hike interest rates sooner than expected. The Dow Jones Industrial Average lost 276 points, or 1.5%,…
Contrarian investor Anglo Pacific picks up coal royalty
Anglo Pacific Group (TSX: APY; LSE: APF) is forking over US$60 million in cash and US$5 million in shares for a royalty on Whitehaven Coal’s (US-OTC: WHITF; ASX: WHC) Narrabri thermal coal mine in Australia at a time when the price of…