Uranium price bound for US$160 record: Sprott
The price of uranium could surpass 2007 highs this year as utilities ramp up demand for nuclear fuel and miners hit snags in boosting supply, the world’s largest investment fund…
Cameco
Energy metals snapshot: Eight companies hunting for green technology metals
Green metals are critical to new decarbonization technologies including lithium-ion batteries, electric and hybrid vehicles, while rising demand for nuclear energy projects is spurring the increase in uranium prices. Here…
Uranium hits new post-Fukushima high
The spot price of uranium continues to rise, boosted by pledges to triple nuclear power by mid-century, supply hiccups from producers such as Cameco (TSX: CCO; NYSE: CCJ) and the looming…
The biggest global mining news of 2023
The mining world was pulled in all directions in 2023: the collapse of lithium prices, furious M&A activity, a bad year for cobalt and nickel, Chinese critical mineral moves, gold’s…
Kazakhstan exports most uranium in eight years
Kazakhstan, the world’s leading uranium producer, has reported its highest sales of the nuclear fuel since 2015 driven mainly by China’s increase in demand as it rivals France for the…
Global exploration snapshot: Eight projects to watch
From Alaska to South America, junior exploration companies are hunting for base metals, uranium and precious metals to power our future. Here’s an overview of eight companies advancing promising projects….
Uranium sector ‘scrambling’ to fill supply gap
The price of uranium will hit triple-digits for the first time since 2007 as nations weaning off oil and seeking energy security deplete nuclear fuel supplies, the world’s largest investment…
CanAlaska rides uranium wave, ups financing to $12M
In another sign of the uranium revival, junior explorer CanAlaska Uranium (TSXV: CVV; US-OTC: CVVUF) has increased its fundraising plans to $12 million, up from the $7.5 million announced only yesterday. …
Cameco hits 52-week high as it turns to profit in Q3, raises revenue outlook
Shares of Cameco (TSX: CCO; NYSE: CCJ) hit a 52-week high on Wednesday after the world’s largest uranium producer reported a third-quarter profit and raised its 2023 revenue outlook amid…
Canadian Mining Hall of Fame looks to the future with newest inductees
The Canadian Mining Hall of Fame (CMHF) held its 35th annual induction ceremony on May 24 at the Carlu in Toronto, welcoming three new honourees, and bringing total membership up…
Uranium market gathers momentum – towards a supply shortfall
After a dozen years in the doldrums, uranium prices are on the rise, supported by real growing demand and support for nuclear power, as well as geopolitical concerns. While in…
Cameco officially restarts production at McArthur River/Key Lake following four-year shutdown
Cameco (TSX: CCO; NYSE: CCJ) announced on Wednesday that the first pounds of uranium ore from the McArthur River mine in Saskatchewan have now been milled and packaged at the…