Uranium reversal may be close, Purepoint says
In one of the few exploration projects it is funding next year, Cameco (TSX: CCO; NYSE: CCJ) and its joint-venture partners Orano Canada and Purepoint Uranium (TSXV: PTU) are planning…
Uranium
NexGen boosts cash flow estimate by 64% in Arrow PFS
NexGen Energy (TSX: NXE; NYSE: NXE) is planning a 125,000-metre high density drill program—the largest in the company’s history—at its Arrow uranium project in Saskatchewan after completing a positive prefeasibility…
Canada Revenue Agency appeals Cameco tax ruling
Late last month the Tax Court of Canada ruled in favour of Cameco (TSX: CCO; NYSE: CCJ) in the company’s decade-long dispute with the Canada Revenue Agency over tax reassessments for…
Raymond James adjusts forecasts as uranium outperforms zinc, copper in Q3
Analysts at Raymond James are lowering their forecasts for zinc and copper prices. For the fourth quarter, the analysts have changed their zinc price forecast to US$1.20 per lb. from…
Phoenix value soars for Denison as costs drop
A new prefeasibility study on Denison Mines’ (TSX: DML; NYSE-AM: DNN) flagship Wheeler River uranium project in northern Saskatchewan’s Athabasca basin says underground in-situ recovery methods would lower cash-operating costs…
Cameco scores victory over CRA
The Tax Court of Canada has ruled in favour of Cameco (TSX: CCO; NYSE: CCJ) in the company’s decade-long dispute with the Canada Revenue Agency over tax reassessments for the…
Blue Sky prepping for PEA at Ivana in Argentina
A few months after tabling a maiden resource for its Ivana urnaium deposit on its Amarillo Grande uranium project in Argentina’s Rio Negro province, Blue Sky Uranium (TSXV: BSK; US-OTC:…
Raymond James: Uranium supply uncertain in coming years
Despite meaningful global inventories of uranium, supply uncertainty in the coming years may lead to price increases, Raymond James states in a newly updated review of the sector. The brokerage…
Site visit: Fission pushes PLS forward in Athabasca
PATTERSON LAKE, SASK. — Fission Uranium (TSX: FCU; US-OTC: FCUUF) is in the midst of a $6.4-million, mid-year work program at its near-surface Patterson Lake South (PLS) uranium project in northwestern Saskatchewan….
Cameco suspends production at McArthur River and Key Lake
Cameco (TSX: CCO; NYSE: CCJ) will indefinitely suspend production at its McArthur River and Key Lake uranium mines in Saskatchewan, and, as a result, permanently lay off 550 site employees….
Canada’s top-10 base metal juniors
The Northern Miner has listed the top-10 base metal and uranium juniors — with no production, and which are not a royalty company — headquartered in Canada, arranged by market…
US Dept. of Commerce launches investigation of uranium imports
If the U.S. Trump administration extends its trade war to uranium it would be bullish for equities with U.S.-based assets, Haywood Securities commented in a uranium sector update. U.S. Commerce…