US and Russia in race to ban uranium trade
The United States Congress is preparing for critical votes on legislation impacting the country’s uranium industry, focusing on the Nuclear Fuel Security Act (NFSA) and a potential ban on Russian…
Uranium
Global Atomic raises $15M for Dasa uranium project
Global Atomic (TSX: GLO; US-OTC: GLATF) has arranged a non-brokered private placement of 6 million units priced at $2.50 each for gross proceeds of $15 million. Regent Mercantile Holdings has…
Namibia greenlights Bannerman’s Etango uranium project
Bannerman Energy (ASX: BMN) said on Friday it had received the mining licence for its flagship Etango uranium project in western Namibia, Africa’s biggest producer of the ore. Bannerman said…
Fission Uranium advances Patterson Lake for 2029 start
Fission Uranium (TSX:FCU; OTCQX: FCUUF) plans the Patterson Lake South uranium project in northern Saskatchewan to hit several milestones next year on its way to starting production as early as…
NexGen updates at-the-market equity program to $500M for Rook I
NexGen Energy (TSX: NXE; NYSE: NXE; ASX: NXG) is updating its at-the-market equity program to sell up to $500 million worth of common shares from treasury. The company intends to…
ATHA ups financing to $22.8M on interest in three-way uranium junior merger
ATHA Energy (CSE: SASK; US-OTC: SASKF) has sealed two separate all-stock deals to acquire Latitude Uranium (CSE: LUR) and 92 Energy (ASX: 92E) to create what it says will be…
ASX-listed Boss Energy buys stake in enCore uranium project for US$70M
EnCore Energy (TSXV: EU; NYSE-AM: EU) is selling 30% of its Alta Mesa project in South Texas to Australia’s Boss Energy (ASX: BOE) for US$70 million. EnCore acquired Alta Mesa from…
2023’s key theme? Narrowed access to resources — whether mineral or cash
It’s December — time for our year in review. This year was notable for takeovers. Newmont paid US$21.2 billion for copper-rich gold miner Newcrest Mining; Glencore negotiated a US$8.9-billion deal…
Rosita restart positions EnCore Energy as newest US uranium producer
EnCore Energy (TSXV: EU; NYSE: EU) has officially become a uranium producer, with the restart of the South Texas Rosita in-situ uranium central processing plant. The company is anticipating its…
Global exploration snapshot: Eight projects to watch
From Alaska to South America, junior exploration companies are hunting for base metals, uranium and precious metals to power our future. Here’s an overview of eight companies advancing promising projects….
Video: Battery metal boom navigates new tech
How the blossoming markets for lithium, nickel and uranium are coping with new technology, politics and societal concerns led the debate at a panel discussion in Zurich this month. The…
Uranium sector ‘scrambling’ to fill supply gap
The price of uranium will hit triple-digits for the first time since 2007 as nations weaning off oil and seeking energy security deplete nuclear fuel supplies, the world’s largest investment…