Site visit: Fission poised for growth at Patterson Lake South
NORTHERN SASKATCHEWAN — Handling drill core caked with uraninite — a radioactive, uranium-rich ore mineral — isn’t exactly for the faint of heart, but with grades north of 25% U3O8,…
Cameco Corporation
Uranium firms remain optimistic amid low demand
Uranium companies are staying upbeat, given what they see are strong long-term fundamentals for uranium as the number of nuclear reactors around the world increase, despite the current situation of…
TSX gains despite poor jobs data, July 4–8
Toronto equities soared during the first week of July, despite the Canadian economy unexpectedly losing 700 jobs in June. However, the number of people seeking jobs also dropped, pushing the…
TSX returns to a bull market, May 30–June 3
The S&P/TSX Composite Index rose nearly 0.9% to close at 14,226.78, up 20% from its Jan. 20 low, and marking a return to a bull market. The S&P/TSX Global Mining…
CNSC greenlights McClean Lake mill expansion
The Canadian Nuclear Safety Commission (CNSC) has approved the expansion of the McClean Lake mill — operated by Areva Resources in northern Saskatchewan — allowing Cameco (TSX: CCO; NYSE: CCJ)…
Wall Street declines, April 25–29
U.S. stocks fell as oil and gold prices rose higher. The Dow Jones Industrial Average and the S&P 500 Index both fell 1.3% to 17,773.64 and 2,065.30. The Nasdaq Composite…
Cameco cuts 585 jobs at Rabbit Lake, US mines
Cameco (TSX: CCO; NYSE: CCJ) is suspending uranium production at its Rabbit Lake mine in northern Saskatchewan and its two in-situ recovery (ISR) operations in the U.S. in response to…
Denison tables promising PEA for Wheeler River
Denison Mines’ (TSX: DML; NYSE: DNN) preliminary economic assessment (PEA) for its flagship Wheeler River uranium project in northern Saskatchewan’s Athabasca basin has left a good first impression on analysts….
Denison and Friedland’s GoviEx to combine African uranium assets
Denison Mines (TSX: DML; NYSE-MKT: DNN) has taken the final step that will help it focus on its uranium assets in Canada’s Athabasca basin and in particular its flagship Wheeler…
CanAlaska Uranium regains momentum in the Athabasca
VANCOUVER — Project generator CanAlaska Uranium (TSXV: CVV; US-OTC: CVVUF) has been on a rough run since the Fukushima Daiichi nuclear disaster rocked the uranium industry in mid-2011, but the uranium junior…
Editorial: After three long years, uranium has its day
An encouraging feature of today’s mineral industry is that it’s not bad news across the board, as a few subsectors — such as diamonds and nickel — have seen strong price increases and renewed investor interest this year.
U.S. markets, Nov. 18-22
The rally continued south of the border, with the S&P 500 Index making up for three days of losses and finishing 6 points higher at 1,804.76 points for the period.