TSX slips, Nov. 20-26
Canadian equities ended the trading week in the red. The S&P/TSX Composite Index fell 0.4% to 13,425.19. The S&P/TSX Global Mining Index lost 2.2% to finish at 45.12, and the S&P/TSX Capped Diversified Metals & Mining Index…
Uranium
Bannerman believes in Etango despite uranium slump
VANCOUVER — Uranium prices have taken a beating over the past few years, but Australia-based Bannerman Resources (TSX: BAN; US-OTC: BNNLF) hasn’t lost faith in its wholly owned Etango open-pit asset, 38 km from the coastal town…
Supplier news: Finland approves construction of world’s first nuclear waste repository
The Finnish government has granted the construction permit for nuclear waste specialist Posiva to build the world’s first final disposal facility for spent nuclear fuel.
TSX hit by low commodity prices, Nov. 6-12
Canada’s benchmark index posted a triple-digit loss on the back of lower crude and metal prices. The S&P/TSX Composite Index fell 3%, or 431.6 points to 13,127.18 — its lowest level in over six weeks. The S&P/TSX Capped…
Cameco hits the right notes at Cigar Lake
VANCOUVER — It’s a tough time to be in the uranium business, but Canadian producer Cameco (TSX: CCO; NYSE: CCJ) believes it is well positioned for a market recovery due to strong operating leverage and a rock-solid contract…
Fission powers forward after Denison deal dies
VANCOUVER — The dust is settling for Fission Uranium (TSX: FCU; US-OTC: FCUUF) after a failed merger with Lukas Lundin’s Denison Mines (TSX: DML; NYSE-MKT: DNN), but the company can’t move on just yet, due to an activist…
UEX casts new light on Christie Lake uranium property
When Japanese-owned JCU Exploration sought a partner for its Christie Lake property, 9 km along strike of Cameco’s (TSX: CCO; NYSE: CCJ) McArthur River — the world’s largest uranium mine in Saskatchewan’s Athabasca basin…
Kivalliq unveils robust Dipole results
Kivalliq Energy’s (TSXV: KIV; US-OTC: KVLQF) hunt for another high-grade uranium deposit at its Angilak property, 350 km west of Rankin Inlet, Nunavut, may well be over, with new assay results that have transformed the company’s…
Fission Uranium’s Triple R shows strong economics
Analysts are applauding Fission Uranium’s (TSX: FCU; US-OTC: FCUUF) preliminary economic assessment (PEA) on the Triple R deposit at its 100% owned Patterson Lake South property just outside the southwestern portion of …
Anglo Pacific has ‘turned the corner,’ CEO says
For Anglo Pacific Group (TSX: APY; LSE: APF), royalty income in the first half surpassed all of the royalty income earned last year. And while the company posted an after-tax loss for the six months ended June 30, it was a much smaller one than…
BAPE report advises against uranium mining in Quebec
The future of Quebec’s uranium industry remains up in the air, after the province’s environmental agency released a report concluding it would be “inappropriate” to allow uranium development — at least for now.
NexGen triples Arrow deposit in the Athabasca
VANCOUVER — There’s no sign of slowing down for junior explorer NexGen Energy (TSXV: NXE) at its Arrow uranium deposit in the southwestern part of the Athabasca basin in northern Saskatchewan, as recent drilling has tripled the…