NexGen set to make its mark in the Athabasca
With resource stocks tumbling into bear territory, the landscape for commodity investing is changing.
Uranium One Inc
Uranerz reports loss as drive to production continues
As Uranerz Energy (URZ-T, URZ-X) drives to put its part of Wyoming’s Powder River Basin into commercial production this year, it will likely have to top up its coffers.
Japan and Russia powering uranium rebound
Analysts across the board are forecasting rising uranium oxide prices in 2013, underpinned by China’s drive to build a pile of new nuclear reactors. The effort is well underway with 29 units already under construction, but China is not…
Kivalliq stacks uranium resources at Angilak
It has been roughly three years since uranium explorer Kivalliq Energy (KIV-V) began drilling in earnest at its 1,377-sq.-km Angilak property in Nunavut. The company has long maintained it is looking at a district-scale play in what could…
ARMZ’s $1.3B offer for Uranium One too low, analysts say
Uranium One (UUU-T) shareholders should “demand higher compensation” from majority owner ARMZ, which is bidding $1.3 billion to take the company private, one analyst says.
Market news
Toronto Stock Exchange
TSX drops on fiscal cliff concerns
Canada’s main index fell during the Nov. 5-9 trading week as investors fretted over the U.S. economy toppling over the “fiscal cliff” as several laws, such as the Bush tax cuts, are set to expire at year end, after which a…
Uranium One battles weaker sales with lower costs
Uranium One (UUU-T) seems to be reading from the same script as other uranium producers as the company is meeting softer demand with greater operating efficiencies.
Highland Park boosts Keegan’s credibility
A group of the original founders and former executives of LionOre Mining are throwing their weight behind Keegan Resources (KGN-T, KGN-X), with a strategic alliance and private placement that further de-risks the junior’s Esaase gold…
BHP delays Olympic Dam expansion
BHP Billiton’s (BHP-N, BLT-L) decision to delay a US$30-billion dollar expansion of its Olympic Dam copper-uranium-gold mine in South Australia due to escalating capital costs will put a forecasted uranium supply deficit under even…
The shine is back on uranium stocks
Korea Electric Power Corporation is taking a 13.9% stake in Strathmore Minerals (STM-T) in a deal that will also give the Korean energy giant off-take rights to a portion of the uranium junior’s future production.
Golden Predator continues aggressive growth in Yukon
Few companies embody the modern Yukon gold rush more than Golden Predator (GPD-T).