Forum returns promising results from Athabasca drills
VANCOUVER — It’s been a busy start of the year for explorer Forum Uranium (TSXV: FDC; US-OTC: FDCFF) with a pair of drill programs on opposing margins of Saskatchewan’s prolific Athasbasca Basin.
Uranium
Uranerz Energy’s Nichols Ranch starts production
Uranerz Energy (TSX: URZ; NYSE-MKT: URZ) has become the newest member of a small club of uranium producers now that its first uranium mine — Nichols Ranch — received final clearance from the U.S. Nuclear Regulatory Commission and…
Macusani to buy Azincourt’s Peruvian uranium play
VANCOUVER — Macusani Yellowcake (TSXV: YEL, US-OTC: MCYWF) has struck a deal to buy Azincourt Uranium’s (TSXV: AAZ, US-OTC: AZURF) Minergia uranium portfolio on the Macusani Plateau of southeastern Peru.
Uranium Energy’s Slick Rock needs U3O8 rebound to fly
Corpus Christi, Texas-based Uranium Energy (NYSE-MKT: UEC) has completed a promising preliminary economic assessment (PEA) on its Slick Rock uranium–vanadium deposit, which is one of its many projects in Colorado.
Site visit: Ginguro tests Pardo’s paleo-placer potential
SUDBURY, ONTARIO — The Sudbury region has served up more than its fair share of intriguing economic geology over the years, and now Sudbury-based junior Ginguro Exploration (TSXV: GEG) is adding another geological puzzle to the mix in the…
Denison’s drills hit new high-grade zone at Wheeler River
VANCOUVER — Denison Mines’ (TSX: DML; NYSE-MKT: DNN) Wheeler River property is already home to the high-grade and still-growing Phoenix deposit, which has 52.3 million indicated lb. uranium oxide (U3O8) at an average grade of 15.6%….
Japan approves pro-nuclear energy plan
Visibility has improved on the re-start of nuclear reactors in Japan, after the island nation’s Cabinet approved a new Energy Plan on April 10.
Uranium Energy gets US$10M cash injection
Texas-based Uranium Energy (NYSE-MKT: UEC) has drawn down another US$10 million from its previously announced US$20-million credit facility, after its lenders agreed to defer the required principal payments by two years, providing the company…
Fission merges four zones with another ‘best ever’ hit
VANCOUVER — Fission Uranium (TSXV: FCU; US-OTC: FCUUF) has drilled the best intercept to date at its Patterson Lake South (PLS) project in Saskatchewan — again.
Denison bids for JV partner Enexco
VANCOUVER — According to chairman Lukas Lundin, Denison Mines (TSX: DML; NYSE-MKT: DNN) aims to be the “pre-eminent exploration company in the Athabasca basin,” and it has taken step in that direction with its friendly…
Production underway at Cameco, Areva’s Cigar Lake
Cameco’s (TSX: CCO; NYSE: CCJ) Cigar Lake — one of the most technically challenging mining projects in the world — has started production after years of delays and mine plan re-engineering.
Enexco jumps on uranium hit at Mann Lake
International Enexco (TSXV: IEC) saw its shares climb 23% after announcing the thickest and highest grade hit yet from its 30%-held Mann Lake uranium property in Saskatchewan’s prolific Athabasca basin.