Tag: uranium

Majority Of US House Calls On Biden For Stricter Measures Against Iran

Over half of the US House of Representatives have written to President Joe Biden urging coordination with allies on stricter measures to deter Iran in pursuit of its nuclear program. In their letter released by the Jewish Insider on Monday, 249 lawmakers, including 133 Democrats and 116 Republicans, expressed concerns over the regime’s ability to enrich […]

Purepoint Uranium Provides an Update on Its Saskatchewan Exploration Portfolio

2023-06-27 03:33:25 Toronto, Ontario–(Newsfile Corp. – June 27, 2023) – Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) (“Purepoint” or the “Company”) today published its 2023 Portfolio Handbook providing a comprehensive review of each of its 10 exploration projects in Northern Saskatchewan, Canada. In addition to providing an overview of Saskatchewan’s uranium industry, the Handbook […]

Momentum building in Iran talks with West, says source

Momentum appears to be building to revive negotiations around Iran’s growing nuclear program. Talks between Iran and the European Union on Wednesday focused on key sticking points, including nuclear enrichment levels and Iranian cooperation with the International Atomic Energy Agency, one diplomatic source briefed on the matter told CNN. The two day discussion in Doha […]

Bangladesh to receive nuclear fuel for Rooppur plant in September

First unit of the 2,400MW nuclear plant is expected to begin commercial operation in the first quarter of 2024 Bangladesh’s dream of nuclear power generation is approaching reality, as the country is going to receive nuclear fuel for the first unit of its maiden nuclear power plant next September. “The nuclear fuel — uranium — […]

EU, Germany Under Fire For Talks With Iranian Regime

The German government and the European Union have come under fire for their talks with officials of the Islamic Republic. Secretary General of Germany’s Liberal Free Democratic Party (FDP) Bijan Djir-Sarai criticized the meeting of European Union foreign policy official Enrique Mora with Iranian Deputy Foreign minister Ali Bagheri-Kani, who is also Tehran’s chief nuclear […]

Temporary agreement on nuclear talks not viable option for Iran – Iranian media

BAKU, Azerbaijan, June 24. A temporary agreement between the parties in the discussions on Iran’s nuclear program is not an appropriate option for Iran – a number of Iranian media outlets believe, Trend reports. As an alternative to the Joint Comprehensive Plan of Action (JCPOA) on Iran’s nuclear program, the possibility of a temporary agreement […]

District Metals Receives Approval of Ardnasvarre Mineral License Application in Northern Sweden and Notes Recent Media Report Regarding Support for Uranium Mining and Exploration in Sweden

2023-06-22 05:04:59 Vancouver, British Columbia–(Newsfile Corp. – June 22, 2023) – District Metals Corp. (TSXV: DMX) (FSE: DFPP); (“District” or the “Company”) is pleased to report that Bergslagen Metals AB (a 100% owned Swedish subsidiary of District) has received approval from the Bergsstaten (Mining Inspectorate) for the Ardnasvarre nr 1 mineral license application to explore […]

Basin Uranium Announces Effective Date of Share Consolidation

2023-06-21 15:05:12 Vancouver, British Columbia–(Newsfile Corp. – June 21, 2023) – Basin Uranium Corp. (CSE: NCLR) (OTC Pink: BURCF) (FSE: 6NP0) (“Basin Uranium” or the “Company“) announces that, further to the Company’s news release dated June 13, 2023, the Company will implement the previously announced consolidation of its common shares (the “Shares“) on a four […]

CanAlaska Uranium Increases Enterprise Project Lands – South of Key Lake Uranium Mine and Mill

2023-06-21 05:36:41 Addition of Priority Target Corridor in the South Project Area Increases Opportunity for Discovery; Geikie Uranium Project Drilling Program Underway Vancouver, British Columbia–(Newsfile Corp. – June 21, 2023) – CanAlaska Uranium Ltd. (TSXV: CVV) (OTCQX: CVVUF) (FSE: DH7N) (“CanAlaska or the “Company”) is pleased to announce it has expanded the Enterprise project, adding 2,284 […]

GoviEX Uranium Files Annual Information Form

2023-06-20 19:51:10 Vancouver, British Columbia–(Newsfile Corp. – June 20, 2023) – GoviEx Uranium Inc. (TSXV: GXU) (OTCQX: GVXXF) (“GoviEx” or the “Company“), a mineral resource company specializing in uranium exploration and development in Africa, announces that further to the filing of its audited consolidated financial statements and management’s discussion and analysis for the year ended […]

Fission Uranium: Annual General Meeting and Special Meeting Voting Results

2023-06-20 14:01:42 KELOWNA, BC, June 20, 2023 /CNW/ – FISSION URANIUM CORP. (“Fission” or the “Company“) announced the results of matters voted on at the Company’s annual general meeting and special meeting (the “Meeting“) of shareholders held earlier today. A total of 329,325,643 shares, or 45.68% of Fission’s common shares that were eligible to be voted […]

Uranium rich Kazakhstan mulls building Nuclear Power Plant

Uranium-rich Kazakhstan is mulling to build a Nuclear Power Plant (NPP) and has received several offers including one from its close ally Russia to build the power station. France, South Korea and China have also made offers to Kazakhstan to build NPP.NPP is supposed to be constructed in the Ulken village on the shore of […]

What the informal discussions with the U.S. mean.

American and Iranian diplomats are talking again about Tehran’s nuclear program and Washington’s economic sanctions, seeing if there might be some way to clamp down on the former and loosen the latter. On the whole, this is good news. Iran’s labs are now enriching uranium to the point where they could build a couple of […]

Russia Still Top US Uranium Supplier Despite Efforts to Wean Off

Russia remained the number one supplier of nuclear reactor fuel to the US last year, amid unsuccessful efforts to wean off of the Kremlin’s supply of uranium.  Russia supplied almost a quarter of the enriched uranium used to fuel America’s fleet of more than 90 commercial reactors. That compares with 28% in 2021, according to […]

US lectures India but pays billions to Russia for Uranium

2023-06-16 NEW DELHI: While it seeks to punish any country involved in transactions with Russia, the United States itself continues to pay around $1 billion annually to Moscow for enriched Uranium. As per a New York Times report, Americans buy more than one-third of its enriched Uranium needs from Russia per year to power its […]

Biden Administration Engages in Long-Shot Attempt for Saudi-Israel Deal

2023-06-17 Shortly after his plane took off earlier this month from Riyadh, where he had held a lengthy meeting with Saudi Arabia’s crown prince, Secretary of State Antony J. Blinken called a different Middle East leader, Prime Minister Benjamin Netanyahu of Israel. Over 40 minutes, Mr. Blinken gave the Israeli leader a briefing about the significant […]

Biden admin. won’t acknowledge Iran deal explicitly to skirt Congress

2023-06-18 In the Harry Potter books, characters call the villain “He Who Must Not Be Named,” for fear that saying “Voldemort” will conjure up the evil villain. The Biden administration won’t say “Iran Deal,” apparently because it fears Congress. It is negotiating “the deal that must not be named.” Prime Minister Benjamin Netanyahu and Knesset […]

Uranium rich Kazakhstan mulls building Nuclear Power Plant

2023-06-17 Uranium-rich Kazakhstan is mulling to build a Nuclear Power Plant (NPP) and has received several offers including one from its close ally Russia to build the power station. France, South Korea and China have also made offers to Kazakhstan to build NPP.NPP is supposed to be constructed in the Ulken village on the shore […]

Kiplin Metals Comments on Uranium Spot Price Trends

2023-06-18 23:02:46 VANCOUVER, British Columbia, June 19, 2023 (GLOBE NEWSWIRE) — Kiplin Metals Inc. (TSX-V: KIP) (the “Company” or “Kiplin”) would like to provide its outlook on the significant price increase observed in the uranium market. The spot price of U3O8 uranium has surged more than 120% since the beginning of 2020. The Company acknowledges […]

The U.S. Is Paying Billions to Russia’s Nuclear Agency. Here’s Why.

In a cavernous, Pentagon-sized facility nestled in an Appalachian valley, thousands upon thousands of empty holes line the bare concrete floor. A mere 16 of them house the spindly, 30-foot-tall centrifuges that enrich uranium, converting it into the key ingredient that fuels nuclear power plants. And for now, they are dormant. But if each hole […]

Germany concerned about Iran’s uranium enrichment ambitions

2023-06-15 BAKU, Azerbaijan, June 15. Germany’s newly published national security strategy has blamed Iran for blocking of a nuclear arms deal with world powers, Trend reports. The strategy, consisting of a 76-page document, emphasizes that Iran’s regional activities and its conventional missile program are contributing to heightened tensions. The document highlights Iran’s human rights violations […]

Centrus Completes Operational Readiness Review for HALEU Production and Receives NRC Authorization to Introduce Uranium Into Centrifuge Cascade

2023-06-15 BETHESDA, Md., June 15, 2023 /PRNewswire/ — Centrus Energy Corp (NYSE American: LEU) announced today that it has successfully completed its operational readiness reviews with the U.S. Nuclear Regulatory Commission (NRC) and received NRC approval to possess uranium at the Piketon, Ohio site and introduce uranium into the cascade of centrifuges Centrus has constructed. […]

Advanced reactor and fuels transport

Radioactive materials play a vital role in many aspects of our everyday lives. They are used in medical diagnostic equipment and radiopharmaceuticals; as the key component in many smoke detectors; in the exploration for oil and natural gas; in industrial applications; to date archaeological artifacts; in research applications supporting a wide range of technologies; and in […]

No secret that Saudi Arabia is developing civilian nuclear program: Prince Faisal

Saudi Arabia is developing its civilian nuclear program and prefers to have the US as one of the bidders for that program, Riyadh’s top diplomat said Thursday. “There are others that are bidding, and obviously, we would like to build our program with the best technology in the world, and that will require a certain […]

Is land atop former uranium mines in Leeds fit for residential development? Opinions vary

An environmental program manager argues voluntary cleanups overseen by the state meet the same rigorous standards as those conducted by the federal government. (Mark Eddington | The Salt Lake Tribune) The headframe over the Big Hill shaft, which miners once used to access the urananium mine, is part of a 100-home development a prominent businessman […]

Russia’s Strongest Tanks Are No Match for Ukraine’s New Weapons

Russia’s tanks in Ukraine will be vulnerable from all positions, “even where the armor is thickest,” Newsweek has been told, as new reports suggest the U.S. could be gearing up to provide Kyiv with depleted uranium (DU) tank ammunition. Unnamed U.S. officials told The Wall Street Journal on Monday that Washington is set to send […]

Drilling kicks off at Basin Energy’s uranium play Geikie

With uranium spot prices nearing a 10-year high, fully-funded Basin Energy has mobilised its exploration team to Geikie for a maiden drill program in search of highly sought-after uranium. The Athabasca Basin in Saskatchewan, Canada is endowed with one of the richest sources of uranium on the planet and plays host to the world’s largest […]

USNC delivers TRISO particle fuel to NASA : Uranium & Fuel

2023-06-14 Ultra Safe Nuclear Corporation (USNC) has delivered uranium nitride coated uranium oxycarbide tristructural isotropic (TRISO) fuel to NASA’s Space Nuclear Power and Propulsion programme. The company says this demonstrates the “flexibility, precision and value” of its Pilot Fuel Manufacturing Facility (PFM). (Image: USNC) The fuel particles supplied to NASA were small-diameter uranium nitride kernels […]

Basin Uranium Announces Proposed Share Consolidation

2023-06-13 15:02:40 Vancouver, British Columbia–(Newsfile Corp. – June 13, 2023) –  Basin Uranium Corp. (CSE: NCLR) (OTC Pink: BURCF) (FSE: 6NP0) (“Basin Uranium” or the “Company“) announces that it intends to consolidate its common shares (the “Common Shares“) on a four (4) to one (1) basis (the “Consolidation“). The Consolidation has been approved by the […]

CanAlaska Uranium Proposes to Spinout Five Nickel Properties

2023-06-12 05:33:09 Vancouver, British Columbia–(Newsfile Corp. – June 12, 2023) – CanAlaska Uranium Ltd. (TSXV: CVV) (OTCQX: CVVUF) (FSE: DH7N) (“CanAlaska or the “Company”) announces that it intends to spinout five of its nickel properties: Halfway Lake, Resting Lake, Hunter, Odei River and its recently acquired Mel nickel deposit lease and claims (the “Nickel Properties“). It is […]

Uranium Energy Files Fiscal 2023 Q3 Quarterly Report

2023-06-09 03:17:12 CORPUS CHRISTI, Texas, June 9, 2023 /CNW/ – Uranium Energy Corp (NYSE American: UEC), the “Company” or “UEC”) is pleased to report, in accordance with NYSE American requirements, the filing of the Company’s quarterly report on Form 10-Q for the quarter ended April 30, 2023 with the U.S. Securities and Exchange Commission (the […]

CanAlaska Uranium Stakes Voyager Project in Eastern Athabasca Basin

2023-06-08 05:33:22 Historical Uranium Showings Up to 0.797% U3O8 Within Voyager Project Area Strategically Located 30 Kilometres South of Key Lake Uranium Mine and Mill Vancouver, British Columbia–(Newsfile Corp. – June 8, 2023) – CanAlaska Uranium Ltd. (TSXV: CVV) (OTCQX: CVVU) (FSE: DH7N) (“CanAlaska or the “Company”) is pleased to announce the newly acquired Voyager […]

Traction Uranium Reports KLS Winter Drill Program Analytical Results

2023-06-07 05:04:07 CALGARY, Alberta, June 07, 2023 (GLOBE NEWSWIRE) — Traction Uranium Corp. (CSE: TRAC) (OTC: TRCTF) (FRA: Z1K) (the “Company” or “Traction”) is pleased to announce the final analytical results of the winter 2023 diamond drilling program at the Company’s Key Lake South Property (the “KLS Property”). The KLS property is located in northern […]

Uranium stocks meltdown on new ‘resources nationalism’ push

2023-05-29 Paladin’s partner in Langer Heinrich is the China National Nuclear Corporation. Husab and Rossing are also run by Chinese companies, the China General Nuclear Power Group and China National Uranium Corporation respectively. ASX-listed Deep Yellow also has assets in Namibia and is run by former Paladin talisman John Borshoff; shares in Deep Yellow were […]

Namibia targets stakes in resource companies, miners’ shares fall

2023-05-30 MELBOURNE (Reuters) -Namibia is considering taking minority stakes in mining and petroleum producers to reap more value from its mineral wealth, the African country’s mining minister told lawmakers, weighing on shares of mostly Australia-listed miners on Tuesday. Namibia is one of the biggest uranium producers in the world. It is also a major diamond […]

Paladin assurance on Namibia uranium mine nationalisation

2023-05-31 Mr Purdy said the Namibian government has not raised with him the prospect of owning a minority equity interest in the Langer Heinrich project and insists the mine remains on track for first production early next year. “Paladin has regular ongoing dialogue with all relevant Namibian government ministries as it progresses with the restart […]

Kazakhstan’s Uranium Exacerbating Geopolitical Conflict in Eurasia

2023-05-31 14:46:50 Kazakhstan is the largest producer and exporter of uranium globally, mining and exporting more than 40 percent of the world’s supply. Up to now, it has been the major supplier for Russia and before that the Soviet Union. But today, other countries are becoming involved, including Western countries such as the United States, […]

IAEA Confirms Iran Nuclear Site File Over Traces Of Uranium Closed

2023-06-01 The IAEA announced in a confidential quarterly report on Wednesday that it had decided to close off the investigation of traces of uranium allegedly found at the Marivan site in Abadeh County, the southwestern province of Fars, after receiving a “possible explanation” from the Atomic Energy Organization of Iran (AEOI). “The agency at this […]

The world’s top 10 largest uranium mines in 2022 – report

The world’s total uranium production from mines increased by 2.3% in 2022 to 48,888 tonnes. Kazakhstan was the largest uranium producing country in 2022, followed by Canada and Namibia. Based on estimates from the World Nuclear Association and data reported by companies, Kitco ranked the world’s top ten largest uranium operations by reported / estimated […]

Visualizing the Uranium Mining Industry in 3 Charts

When uranium was discovered in 1789 by Martin Heinrich Klaproth, it’s likely the German chemist didn’t know how important the element would become to human life. Used minimally in glazing and ceramics, uranium was originally mined as a byproduct of producing radium until the late 1930s. However, the discovery of nuclear fission, and the potential […]

U of R studying quartz samples to locate possible uranium deposits

(Photo credit: University of Regina) University of Regina researchers are studying how uranium deposits were formed more than 1.5 billion years ago to help figure out where to look for more. That research included using the Canadian Light Source synchrotron on the USask campus to analyze samples of quartz, which was formed around the same […]

K1.5 trillion Kayelekera mine investment stays idle for 2 years, worries parly committee chief – Malawi Nyasa Times

Members of Natural Resources parliamentary committee say they are disappointed that Malawi is sitting on a huge US$1.5 billion (K1.5 trillion) at Kayelekera uranium mine in Karonga which was abandoned after Paladin pulled when uranium prices slumped. Werani Chilenga, chairperson of the committee expressed the disappointment when the committee members visited the mine on Friday. […]

Uranium: Kazatomprom’s Major Deals With CNNC and Rosatom

Two recent Kazakh uranium deals — one the sale of a 49% stake in the country’s second-largest uranium deposit to subsidiaries of Rosatom, and a long-term sales agreement with a Chinese nuclear champion approved this week — demonstrate Astana’s deepening relationships with both China and Russia. In the 16 months since largely Russian troops quelled […]

Blue Sky Uranium Applies to Extend Warrants

2023-05-26 04:00:00 TSX Venture Exchange:   BSKFrankfurt Stock Exchange:   MAL2OTCQB Venture Market (OTC): BKUCF VANCOUVER, BC, May 26, 2023 /PRNewswire/ – Blue Sky Uranium Corp. (TSXV: BSK) (FSE: MAL2) (OTC: BKUCF), (“Blue Sky” or the “Company”) announces that it has made an application to the TSX Venture Exchange (“TSXV“) to extend the term of the outstanding warrants as […]

Alligator Energy Ltd sets stage for rigorous uranium exploration at Nabarlek North harnessing integrated geological model

Alligator Energy Ltd (ASX:AGE) has developed an integrated geological, geochemical and geophysical model for Nabarlek North Project in the Alligator Rivers Uranium Province (ARUP) of the Northern Territory. The new model opens avenues for more efficient planning of future exploration programs and offers a deeper understanding of geological structures on the tenure. With regional rotary air […]

Grade can be king, scale always queen: CEO

In mining, it’s often said that grade is king, but there’s another factor that can be key to making the right moves, says the boss of American Rare Earths. Perhaps more important than grade are the economics presented by efficiencies of economies of scale, as no process is 100 per cent efficient. For starters, every […]

Management of Nuclear Mining in Indonesia

2023-05-29 Nuclear energy in its development is very rapid and plays a major role in improving the quality, as well as the added value of various products in various activities to improve people’s welfare. In accordance with its nature,  nuclear energy has two impacts, namely: the side of benefits to realize welfare;  and on the […]

Nuclear conspiracy of US and West opens Pandora’s box

Building a more secure world is the shared responsibility of all countries and the right direction of our times. However, certain great powers addicted to hegemony continuously inject nuclear-related risks, tensions and pollution into the current volatile and intertwined world, which deserves high vigilance from the international community. Nuclear deterrence lowers nuclear threshold Over a […]

Appia Rare Earths & Uranium Announces Commencement of 2023 Exploration and Drilling Programs at Alces Lake Project in Saskatchewan

2023-05-29 06:14:43 Toronto, Ontario–(Newsfile Corp. – May 29, 2023) – Appia Rare Earths & Uranium Corp. (CSE: API) (OTCQX: APAAF) (FSE: A0I0.F) (FSE: A0I0.MU) (FSE: A0I0.BE) (the “Company” or “Appia”) announces the initial mobilization of its field crew at its 100%-owned Alces Lake Rare Earth Elements (REES) Property, Northern Saskatchewan. “The 2023 work season will be highly […]

Western Uranium & Vanadium adopts Shareholder Rights Plan

2023-05-26 14:40:58 Toronto, Ontario and Nucla, Colorado , May 26, 2023 (GLOBE NEWSWIRE) — Western Uranium & Vanadium Corp. (CSE:WUC) (OTCQX:WSTRF) (“Western” or ”Company”) is pleased to announce that its Board of Directors has adopted a shareholder rights plan agreement (the “Plan”). While the Plan is effective immediately, its continuance is subject to Western obtaining […]

F3 Uranium Announces Closing of Private Placements for Aggregate Gross Proceeds of C$12 Million

2023-05-26 09:08:41 Kelowna, British Columbia–(Newsfile Corp. – May 26, 2023) – F3 Uranium Corp. (TSXV: FUU) (OTCQB: FUUFF) (“F3 Uranium” or the “Company“) is pleased to announce the closing of its previously announced “bought deal” private placement (the “Brokered Private Placement“) and non-brokered private placement (the “Non-Brokered Private Placement“, together with the Brokered Private Placement, […]

ValOre Metals Announces Final Court Approval of Sale of Angilak Property to Labrador Uranium

2023-05-23 13:06:58 VANCOUVER, British Columbia, May 23, 2023 (GLOBE NEWSWIRE) — ValOre Metals Corp. TSX‐V: VO; OTCQB: KVLQF; Frankfurt: KEQ0, (“ValOre” or the “Company”) today provided an update on the sale of ValOre’s interest in the Angilak Property uranium project in Nunavut Territory to Labrador Uranium Inc. (the “Transaction”). Further to ValOre’s news release on […]

ALX Resources Samples 1.77% U3O8 in Outcrop at the Bradley Lake Uranium Project, Saskatchewan

2023-05-16 04:35:54 Vancouver, British Columbia–(Newsfile Corp. – May 16, 2023) – ALX Resources Corp. (TSXV: AL) (FSE: 6LLN) (OTC: ALXEF) (“ALX” or the “Company”) is pleased to update its shareholders on exploration activities carried out on its Athabasca Basin area uranium projects in late 2022 and early 2023. Bradley Lake Uranium Project (“Bradley Lake”) Bradley Lake consists of […]

Visualizing The Crucial Role Of Uranium

2023-05-11 11:00:00 Uranium is the primary fuel for nuclear energy, powering more than 400 reactors that make up 10% of the world’s annual electricity generation. With countries turning back to nuclear power as a clean energy resource, uranium has become a strategically important metal for the future. Why Uranium is Unique Nuclear power ultimately stems […]

The once coveted resource that has become tricky to extract value from

2023-05-13 Traditionally, oil has been the metaphor of choice when discussing the value of data. Like oil, data has been considered a coveted resource that governs the modern world. This is why organizations around the globe preserve vast stores of data even when it has no immediate value. Companies hold onto the asset with the […]

F3 Receives over $2.3M for the Exercise of Warrants & Options

2023-05-12 Kelowna, British Columbia–(Newsfile Corp. – May 12, 2023) – F3 Uranium Corp (TSXV: FUU) (OTCQB: FUUFF) (“F3” or “the Company“) announces that it has received total proceeds of $2,347,108 from the exercise of warrants and options exercised from January 14 to May 11. F3 also announces that Ross McElroy has stepped down as a […]

Oppenheimer & Co. Inc. Buys 4,242 Shares of Cameco Co. (NYSE:CCJ)

2023-05-14 01:47:17 Oppenheimer & Co. Inc. boosted its stake in shares of Cameco Co. (TSE:CCO) by 25.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 20,888 shares of the basic materials company’s stock after purchasing an additional 4,242 […]

IAEA Symposium Examines Uranium Production Cycle for Sustainable Nuclear Power

2023-05-12 With interest in nuclear power growing worldwide, demand for uranium—the element from which fuel for nuclear reactors is fabricated—is also on the rise. International experts and stakeholders gathered at the IAEA this week to analyze the latest developments in the uranium production cycle, including supply-demand scenarios, to ensure the long-term sustainability of nuclear power. […]

It’s time to put Vladimir Putin on the defensive

2023-05-12 These tricks are nothing new. Russia has used the same disinformation playbook for decades. In fact, Moscow also falsely accused Nato of endangering civilians with weapons containing depleted uranium during the alliance’s 1999 intervention in Yugoslavia. After the UK announced its plan to send the shells to Ukraine last March, Zakharova called it a repeat of […]

F3 Uranium Receives over $2.3M for the Exercise of Warrants & Options

2023-05-12 13:07:18 Kelowna, British Columbia–(Newsfile Corp. – May 12, 2023) – F3 Uranium Corp (TSXV: FUU) (OTCQB: FUUFF) (“F3” or “the Company“) announces that it has received total proceeds of $2,347,108 from the exercise of warrants and options exercised from January 14 to May 11. F3 also announces that Ross McElroy has stepped down as […]

GoviEx Uranium Closes C$15 Million Bought Deal Private Placement

2023-05-11 09:40:54 Vancouver, British Columbia–(Newsfile Corp. – May 11, 2023) – GoviEx Uranium Inc. (TSXV: GXU) (OTCQB: GVXXF) (“GoviEx” or the “Company“), is pleased to report that it has closed its previously announced bought deal private placement financing, underwritten by Eight Capital and SCP Resource Finance LP (formerly known as Sprott Capital Partners LP), as lead underwriters […]

Cameco Announces Election of Directors

2023-05-10 Cameco (TSX: CCO; NYSE: CCJ) has announced the election of nine board members at its annual meeting held on May 10, 2023. Shareholders elected board members Ian Bruce, Daniel Camus, Don Deranger, Catherine Gignac, Tim Gitzel, Jim Gowans, Kathryn Jackson, Don Kayne and Leontine van Leeuwen-Atkins. Voting Results for Cameco Directors Nominee Votes For […]

Electrical imaging set to boost ENRG uranium resource

2023-05-10 ENRG Elements has verified a correlation between existing drilling data and historical geophysical surveys following an orientation electrical resistivity tomography (ERT) survey at its Agadez uranium project in Niger. The company believes it can now pursue a more targeted exploration strategy with less extensive drilling in its bid to uncover more uranium mineralisation in […]

Cosa Resources Announces Airborne Geophysical Surveys at Ursa, Orion Uranium Projects in Athabasca Basin, Saskatchewan

2023-05-11 Vancouver, British Columbia – TheNewswire – May 11, 2023 – Cosa Resources Corp.  (CSE:COSA) (“Cosa Resources” or the “Company”) is pleased to announce it has engaged Expert Geophysics Limited (“Expert”) to conduct airborne MobileMT™ surveys at its 100% owned Ursa and Orion uranium projects in the Athabasca Basin. Highlights Magnetotelluric (MT) survey method capable […]

Cosa Resources Announces Airborne Geophysical Surveys at Ursa, Orion Uranium Projects in Athabasca Basin, Saskatchewan

2023-05-11 05:35:56 Vancouver, British Columbia – TheNewswire – May 11, 2023 – Cosa Resources Corp.  (CSE:COSA) (“Cosa Resources” or the “Company”) is pleased to announce it has engaged Expert Geophysics Limited (“Expert”) to conduct airborne MobileMT™ surveys at its 100% owned Ursa and Orion uranium projects in the Athabasca Basin. Highlights Magnetotelluric (MT) survey method […]

Global Atomic signs second uranium supply agreement with major North American utility

2023-05-08 Uranium developer Global Atomic (TSX: GLO) announced today that the company has formalized its June 2022 letter of intent by signing a definitive agreement with a major North American utility for their procurement of uranium from the Dasa project. The company said the agreement represents the supply of up to 2.1 million pounds U3O8 […]

Microorganisms can help to extract dangerous heavy metals from wastewater

2023-05-09 Magnetotactic bacteria bind uranium in their cell wall (on the right). This can be used to purify uranium-contaminated water by separating the loaded bacteria with a magnet (on the left). Credit: B. Schröder/HZDR A research team at the Helmholtz-Zentrum Dresden-Rossendorf (HZDR) has managed to purify water containing uranium using a special kind of bacteria […]

Magnetic bacteria: filigree sewage plants

2023-05-09 A research team at the Helmholtz-Zentrum Dresden-Rossendorf (HZDR) has managed to purify water containing uranium using a special kind of bacteria known as magnetotactic bacteria. The name derives from their ability to react to magnetic fields. They can accumulate dissolved heavy metal in their cell walls. These research findings (DOI: 10.1016/j.jhazmat.2022.129376) also shed new […]

Kiplin Metals Set to Begin Exploration Program at Cluff Lake Road Uranium Project in Saskatchewan

2023-05-09 Vancouver, British Columbia – TheNewswire – May 9th, 2023 – Kiplin Metals Inc. (TSXV:KIP) (“Kiplin” or the “Company”) is delighted to announce the upcoming launch of its summer geophysical program at the Cluff Lake Road (CLR) uranium project situated in northwestern Saskatchewan, scheduled for June 2023. The Company’s geological team is set to receive […]

Georgia Arrests Man Who Tried To Sell Uranium In Tiny Bottle For $2 Million

Georgia’s counterterrorism police have arrested a man who carried around uranium in a tiny glass bottle. Ilia Belkania, a 52-year-old living off social benefits, was planning to sell the little batch of nuclear material for $2 million, the State Security Service said on May 1.  State security officials released a video of a little bottle […]

Hedge Funds Eye Cameco Co. as Uranium Demand Grows for Clean Energy Alternatives

2023-05-06 In the ever-changing world of investments, hedge funds have become one of the most popular avenues for investors seeking higher returns on their capital. Hedge funds are known for closely analyzing stocks, bonds, and other securities to identify profitable opportunities. One such company that has recently attracted the attention of hedge funds is Cameco […]

Analysis: Smoldering Iran nuclear crisis risks catching fire

2023-05-05 WASHINGTON/PARIS/DUBAI, May 5 (Reuters) – Even as the United States and its European allies grapple with Russia’s invasion of Ukraine and rising tensions with China, the smoldering crisis over Iran’s nuclear program threatens to reignite. In a sign of European concern, Britain, France and Germany have warned Iran they would trigger a return of […]

What We Can Learn From the JCPOA

2023-05-07 Five years ago on Monday, then-U.S. President Donald Trump withdrew the United States from the Joint Comprehensive Plan of Action (JCPOA), a 2015 multilateral agreement that imposed restrictions on Iran’s nuclear program. Although both the Trump and Biden administrations promised to find a better solution, the Iran nuclear crisis has only gotten worse. Economic pressure and external […]

Which ASX stocks have a uranium play in Canada’s Athabasca Basin?

2023-05-07 12:20:4 Uranium sentiment – and prices – are looking good for explorers and near-term developers The USA and Canada just made a deal to secure North American nuclear fuel supply chains There are 6 ASX stocks with a uranium play in Canada’s Athabasca Basin Nuclear energy has had a bad rap since the Fukushima […]

Libya lost, then found, 2.5 tonnes of uranium; red flag for nuclear safety

2023-05-04 Earlier this year the International Atomic Energy Agency Director General Rafael Grossi reported that about 2.5 tonnes of uranium ore concentrate had gone missing from a site in Libya. This was arguably one of the largest quantity of uranium ore concentrate that had ever been misplaced. Barely a day after the IAEA’s announcement, General […]

The best gold, copper and uranium hits of the week — TradingView News

2023-05-04 Key points: Northern Star and Bellevue top the gold hits leaderboards this week Exploration results tend to be incremental news for large caps Welcome back to Weekly Big Drill Hits – A curated list of the most intriguing intersections made by ASX-listed explorers. We’ll be taking a deeper dive into gold hits as it was a […]

Top uranium producer Kazatomprom will develop its own deposit of rare metals

2023-05-04 13:24:00 Kazakhstan’s Kazatomprom (LSE: KAP), the world’s largest uranium producer, announced today that its subsidiary Ulba Metallurgical Plant has received a license for exploration of solid minerals at the Verkhny Irgiz deposit in the Aktobe region. The company said it plans to conduct exploration of the deposit to assess and confirm the reserves and […]

INB signs contracts relating to fuel supplies at NT2E : Corporate

2023-05-05 The signings took place at the Nuclear Trade and Technology Exchange business and technology fair (NT2E), promoted by the Brazilian Association for the Development of Nuclear Activities. The three contracts signed with US firm Westinghouse cover the supply of metallic components and gadolinium rods for Angra 1 reloads and to develop a project for […]

Uranium speculation comes knocking on Bears Ears’ doorstep

2023-05-05 Holding 324 mining claims, two companies announce plans to drill 25 exploratory wells a Harts Point. (Neal Clark, Southern Utah Wilderness Alliance) Harts Point, located northwest of Monticello just outside Bears Ears National Monument, is being eyed for uranium development by two Canadian companies that say they hold 324 mining claims and permits from […]

IAEA reinstalls surveillance cameras in Iran nuclear sites

2023-05-03 VIENNA — The International Atomic Energy Agency (IAEA) announced on Wednesday that it reinstalled surveillance cameras in Iranian nuclear sites. IAEA’s spokesman Fredrik Dahl told the press in Vienna that work was under way to reinstall surveillance cameras at several sites. Last June, Iran called on the IAEA to dismantle the cameras at its […]

92 Energy reports high grades after new drilling at Athabasca uranium project

2023-05-03 92 Energy has expanded its exploration footprint with uranium intersected 65m south and 280m north of the Gemini mineralised zone. Uranium explorer 92 Energy (ASX: 92E) reports that the winter drilling program at the Gemini target in Canada has produced uranium grades up to 9.66%. The company says “significant” uranium has been intersected 65m […]

Caspian region becomes critical for France’s uranium imports – La Gazette

2023-05-03 BAKU, Azerbaijan, May 4. Today, the partnership between Azerbaijan and the countries of Central Asia is more flourishing than ever. At the same time, cooperation in the area of transportation and logistics is of main focus right now. Complex geopolitical reality has forced to reroute cargos going from East to West. And Azerbaijan’s role […]

NexGen, Fission power ahead at Rook I, PLS uranium projects

2023-05-02 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 $1.3-billion project and Fission Uranium (TSX: FCU; US-OTC: FCUUF) submitting an application for construction of a new mine and mill only 3 km away. […]

Purepoint Uranium Releases Airborne Electromagnetic Results for Tabbernor Project

2023-05-03 Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) (‘Purepoint’ or the ‘Company’) today provided results from a helicopter-borne versatile time domain electromagnetic (VTEM) survey across its 100% owned Tabbernor Project that lies on the eastern edge of the Athabasca Basin, Saskatchewan Canada. Our Tabbernor VTEM survey has provided us with excellent first-pass exploration target […]

CanAlaska Uranium Announces Discovery of Unconformity Uranium Mineralization at Pike Zone on West McArthur Project

2023-05-03 05:33:47 Unconformity-Hosted Mineralization Defined Over 160 Metres Length on Multiple Drill Fences; Remains Open Basement-Hosted Mineralization Expanded; New Target Areas Identified Vancouver, British Columbia–(Newsfile Corp. – May 3, 2023) – CanAlaska Uranium Ltd. (TSXV: CVV) (OTCQX: CVVUF) (FSE: DH7N) (“CanAlaska” or the “Company”) is pleased to announce successful completion of the winter 2023 drilling […]