Will Iran war fuel nuclear reactor construction?
The war in Iran could usher in a wave of nuclear reactor construction similar to the one that followed the 1970s energy crisis, Cameco (TSX: CCO; NYSE: CCJ) President and…
uranium
Uranium Royalty to buy Sweetwater in $1.1B deal
Canada’s Uranium Royalty (TSX: URC; Nasdaq: UROY) agreed to buy privately held Sweetwater Royalties for about $1.1 billion (C$1.5 billion) to diversify and capitalize on rising demand for nuclear fuel….
New F3 Uranium assays lift Saskatchewan project’s ‘credibility’: analyst
New drilling by F3 Uranium (TSXV: FUU) at the company’s Broach property in northern Saskatchewan’s Athabasca Basin produced several high-grade hits. Hole PLN25-219A in the Tetra zone cut 13 metres…
Uranium Energy boosts capacity, advances licensing
Uranium Energy (NYSE-A: UEC) says it has secured Wyoming state approval for additional header houses at its Christensen Ranch in-situ recovery operation as part of a planned expansion. The Texas-based…
Cameco signs $2.6B uranium supply deal with India
Cameco (TSX: CCO; NYSE: CCJ) signed an estimated $2.6 billion (US$1.9 billion) agreement to supply uranium ore concentrate to India for use in the country’s nuclear reactors. Canadian Prime Minister…
Kazatomprom signs uranium supply deal with India
Kazatomprom (LSE: KAP), the world’s top producer of uranium, plans to sell a significant portion of its output to India, a move that could further tighten the global market for…
US awards $2.7B in uranium enrichment orders
The United States Department of Energy awarded contracts worth $2.7 billion (C$3.7 billion) to three companies in a bid to boost domestic uranium enrichment capacity over the next decade and…
Canada, India eye nuclear export deal: report
Canada and India are close to announcing a new $2.8 billion (C$3.9 billion) uranium export deal that would see Cameco (TSX: CCO; NYSE: CCJ) supply the energy metal as part…
Nuclear to get lion’s share of U.S. loans: official
Nuclear power will receive most of the money from the U.S. Energy Department’s loan office as part of a government push to ensure new reactors are built quickly, Energy Secretary…
Sprott adds again to physical uranium trust holdings
The world’s largest holder of physical uranium keeps expanding its war chest. The Sprott Physical Uranium Trust (TSX: U.U for USD; U.UN for CAD) now holds about 72.4 million lb. of uranium,…
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…
US targets mine waste to boost critical minerals supply
The U.S. government is launching a new effort to extract valuable critical minerals – including rare earths, lithium, cobalt and uranium – from mine waste and abandoned sites in a…