Europe’s Russian uranium reliance grows, Sprott says
European reliance on Russian nuclear fuel increased in 2025 despite efforts to diversify its uranium supply after Russia’s invasion of Ukraine, Sprott Asset Management said in a new report this…
Cameco
Top 10: Agnico, Barrick lead list of Canada miners
Agnico Eagle Mines (TSX, NYSE: NEM) leads the list of Canadian miners by market value at $79.5 billion (C$112.8 billion). Agnico runs the country’s largest mines by output: Canadian Malartic and Detour Lake. The…
Cameco’s Westinghouse nuclear unit files for IPO
Cameco’s (TSX: CCO; NYSE: CCJ) Westinghouse Electric joint venture filed for a U.S. initial public offering at a yet-to-be-determined date to tap growing investor interest in nuclear technology and services. Westinghouse…
India invests $2B for SMRs as Saudi Arabia eyes nuclear power plans
Nuclear power continues to build momentum worldwide as India and Saudi Arabia this week advanced plans to further enter the energy sector, while the Sprott Physical Uranium Trust (TSX: U.U…
Cameco restarts Cigar Lake uranium mine
Cameco (TSX: CCO; NYSE: CCJ) announced Wednesday its Cigar Lake uranium mine in northern Saskatchewan has resumed production activities following a temporary suspension due to challenges at the McClean Lake…
India to invest in foreign uranium mines
India’s state-owned power producer NTPC is looking to help finance overseas uranium mines to fuel the country’s plan to massively expand nuclear power generation in the coming decades. The world’s…
Mine operators face worsening wildfire seasons
With drought conditions persisting across parts of British Columbia and forecasters calling for a warmer-than-average summer amid a looming El Niño, mining companies are preparing for a wildfire season that could…
US uranium revival gains traction as output triples
Most measures of U.S. uranium activity reached their highest levels in almost a decade last year, pointing to a broader industry recovery. Production more than tripled last year to 2.1…
Cameco shuts Cigar Lake mine on Orano mill disruption
Cameco (TSX: CCO; NYSE: CCJ) says it has temporarily suspended operations at its Cigar Lake mine in northern Saskatchewan, citing disruptions at the McClean Lake mill operated by France’s Orano….
US government launches $17.5B loan program to accelerate nuclear buildout
In a boost to Cameco‘s (TSX: CCO; NYSE: CCJ) Westinghouse joint venture, the United States Department of Energy (DOE) said it’s planning to provide $17.5 billion in loans to accelerate…
Opinion: Why diversification matters more in nuclear fuel than in oil or gas
As governments return to nuclear energy as a pillar of low-carbon power systems, attention has focused largely on reactor construction, small modular reactors (SMRs) and life-extension programs. Far less attention…
Cameco pays $115M to boost Cigar Lake interest
Cameco (TSX: CCO; NYSE: CCJ) has lifted its ownership of the Cigar Lake mine in northern Saskatchewan after buying out Japan’s TEPCO Resources’ joint venture interest together with Orano in…