Paladin faces irate investors in class action
Paladin Energy (ASX, TSX: PDN, US-OTC: PALAF) says it will challenge a class action suit in Australia alleging the uranium producer’s output forecast misled investors. The case filed with the…
Paladin Energy
London Symposium JV Video: PurePoint Uranium explores with big partners
PurePoint Uranium (TSXV: PTU) is cutting exploration costs in northern Saskatchewan’s uranium-rich Athabasca Basin through joint ventures with major players, CEO Chris Frostad says. These include Cameco (TSX: CCO; NYSE:…
Canada approves Paladin Energy’s $1.1B takeover of Fission Uranium
The Canadian government has approved Paladin Energy’s (ASX: PDN; US-OTC: PALAF) $1.1 billion all-share takeover of Fission Uranium (TSX: FCU; US-OTC: FCUUF) under Ottawa’s Investment Canada Act (ICA). The clearance…
Australia’s $281B nuke plan to change uranium mining
Australia’s opposition leader, Peter Dutton, has unveiled a A$311 billion ($281 billion) plan to introduce nuclear power into the country’s energy mix, a proposal that could radically alter the nation’s…
Paladin restarts Langer Heinrich plant after shutdown
Australia’s Paladin Energy (ASX: PDN) has resumed operations at its Langer Heinrich uranium mine (LHM) in Namibia, following a planned shutdown of the mine plant in November to implement operational upgrades. Among the…
Uranium price to recover next year on shortage, Trump policy, Sprott CEO says
The price of uranium will rebound from its lowest level in a year as supply shortages, nuclear energy’s promise for clean energy and president-elect Donald Trump’s America-first security stance provide…
Fission drilling at Saloon East detects highest radiation outside flagship Triple R
Drilling at Fission Uranium’s (TSX: FCU; US-OTC: FCUUF) Saloon East target has returned results with the strongest radioactivity yet at its Patterson Lake South (PLS) property outside its main Triple…
Video: Uranium Royalty taps market rebound
Rising demand for nuclear energy has brought back uranium from a decade-long slump, creating ideal conditions for early-stage projects to increase their value, Uranium Royalty (TSXV: URC; NASDAQ: UROY) CEO…
Australia rejects Rio Tinto unit’s uranium mine lease renewal
Decision ends a decades-long dispute over Jabikula, one of the world’s largest untapped deposits of high-grade uranium.
Investors should heed growing supply after uranium’s recent runup
Uranium prices surged from just over US$50 per lb. in April 2023 to more than US$100 per lb. by January 2024. Since then, there has been a moderate pull-back; uranium…
Boss Energy’s rebooted Honeymoon uranium mine in Australia counts days to first metal
Boss Energy (ASX: BOE) is two weeks away from producing its first drums of uranium as it restarts its Honeymoon mine in New South Wales, Australia, after low metal prices…
Lotus Resources eyes 2025 Malawi uranium mine restart
Australia-based Lotus Resources (ASX: LOT; US-OTC: LTSRF) is on track to revive the mothballed Kayelekera uranium mine in Malawi by late 2025 while it works to tap into the longer…