NexGen buys Rio stake in Athabasca properties
NexGen Energy (TSX, NYSE: NXE; ASX: NXG) is now the full owner of its portfolio of exploration assets in the southwest Athabasca Basin after consolidating a minority interest held by…
Nexgen Energy Ltd
F3 Uranium hits 2 metres at 31.4% U3O8 at JR zone in Saskatchewan
Drilling at F3 Uranium‘s (TSXV: FUU; OTCQB: FUUFF) Patterson Lake North project in Saskatchewan has returned 2 metres of 31.4% uranium oxide (U3O8) from the JR zone. The news sent…
NexGen makes new uranium discovery 3.5 km from Arrow deposit
NexGen Energy (TSX: NXE; NYSE: NXE; ASX: NXG) has made a new greenfield uranium discovery at its SW2 property in Saskatchewan, 3.5 km east of its Arrow deposit, currently in…
Why uranium above US$100 per lb. is ‘sustainable’ — and likely headed higher
Mining analyst David Talbot began covering the uranium sector in June 2007 – the same month uranium prices reached their all-time high of US$136 per lb., then rapidly retreated. Prices…
Red Cloud’s Talbot shares his top uranium picks
With investors flocking into the uranium space over the past year as the spot price has doubled, we asked David Talbot, Red Cloud Securities managing director and head of equity…
NexGen raises US$110M for Rook I uranium project
NexGen Energy (TSX: NXE; NYSE: NXE; ASX: NXG) has entered an agreement with Queen’s Road Capital Investment and Washington H Soul Pattinson and Co. that will raise US$110 million in unsecured convertible debentures to…
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…
NexGen closes $150M bought deal for Rook I uranium
NexGen Energy (TSX: NXE; NYSE: NXE) has closed its previously announced $150-million bought deal financing. The company issued 33.4 million common shares at a price of $4.50 per share. The…
Haywood bullish on uranium sector fundamentals
While uranium spot prices were down 14% in 2019, supply and demand fundamentals for uranium are the “most bullish in years,” and the sector “offers its most compelling value proposition…
Top-10 large, high-grade uranium projects
Uranium companies have been awaiting a price recovery since the Fukushima Daiichi nuclear reactor disaster in March 2011. Since early 2016 the spot uranium price has remained below US$30 per…
Top-10 base metals, uranium explorers and developers in Canada
The Northern Miner has compiled a list of the top-10 base metal and uranium juniors — with no production, and which are not a royalty company — headquartered in Canada,…
NexGen builds scale at Arrow
The entire footprint of NexGen Energy’s (TSX: NXE; NYSE-AM: NXE) proposed Arrow mine is smaller than a university campus, but could produce 21% of the world’s uranium once in production,…