Uranium

Enexco tables Contact PEA in Nevada

International Enexco (TSXV: IEC) is taking a measured approach to building its wholly owned Contact copper project in Nevada, with a recent prefeasibility study showing the deposit could be economically mined as a small and relatively cheap…


Mining engineers in conversation at Uranium Energy's Palangana in-situ recovery mine. Source: Uranium Energy

Uranium Energy signs US$7.1M financing

U.S.-based uranium miner and explorer Uranium Energy (NYSE-MKT: UEC) recently lined up a US$7.1 million financing to support the growth of its South Texas exploration projects, mainly the Burke Hollow in-situ recovery property in Bee County.



Miners walk along underground tunnels at the Cigar Lake project in Saskatchewan. Source: Cameco

Cameco delays Cigar Lake

Cameco (TSX: CCO; NYSE: CCJ) expects a six-month delay at its 50%-held Cigar Lake uranium project in northern Saskatchewan, as more work needs to be done at the mine and mill to ensure uranium can be safely extracted and processed.



Drilling in search of uranium near Falea in western Mali, about 20 km north of the country's border with Guinea (2008). Source: Rockgate Capital

Denison Mines tops Mega’s offer for Rockgate

Denison Mines (TSX: DML; NYSE-MKT: DNN) has tabled a superior all-share bid for Rockgate Capital (TSX: RGT), a week before Rockgate shareholders are set to vote on a merger with Mega Uranium (TSX: MGA), claiming…



Denison’s summer exploration results on the Athabasca

VANCOUVER — It’s been an action-packed first half of the year for Toronto-based Denison Mines (TSX: DML; NYSE-MKT: DNN) and its portfolio of uranium projects throughout Saskatchewan’s Athabasca Basin. After picking up a 60% stake in the…


Drill rigs at the Gas Hills uranium project in Wyoming, which was recently acquired by Energy Fuels. Source: Strathmore Minerals

Energy Fuels aims to be a force in US uranium

Uranium miner Energy Fuels (TSX: EFR; NASDAQ: CLNE) has provided a market update after acquiring Strathmore Minerals by way of a plan of arrangement — a move that shareholders of both companies applauded.


Cameco's McArthur River uranium mine located in northern Saskatchewan.  Source: Cameco

Final HEU shipment a catalyst for uranium industry

The final shipment of highly enriched uranium (HEU) to the U.S. from nuclear disarmament and military stockpiles in Russia under the 1993 Megatons to Megawatts agreement left St. Petersburg on Aug. 21, and analysts believe the end of the…


Bannerman waits for uranium price to turn around

A recently reported leak at the Fukushima nuclear plant in Japan has reawakened concerns over the development of new nuclear reactors in the country, with most experts agreeing that any renewed build-up will likely be put on hold until the…


Alpha Minerals' father-son duo Garrett Ainsworth, vice president of exploration  (left), and Ben Ainsworth, president, CEO and director (right) pose for a picture at the Patterson Lake South project in Saskatchewan. Source: Alpha Minerals

Fission, Alpha hammer out $185M deal

VANCOUVER — After a bit of back and forth, fifty-fifty joint-venture partners Fission Uranium (TSXV: FCU; US-OTC: FCUUF) and Alpha Minerals (TSXV: AMW; US-OTC: ESOFF) have nailed down an agreement that will see Fission acquire full…


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