Author: StockMan

The Nasdaq ($NASX) remains near 52-week highs, up 31.77% year-to-date, which is its best annual first half in the last four decades. Meanwhile, the S&P 500 ($SPX) had its best monthly performance since October 2022, with the Dow ($DOWI) having its best since November.

However, concerns over a mild recession or even an economic meltdown persist around the world. There are a variety of reasons for this concern, including that the two-year to 10-year yield curve is now at its deepest inversion since 1981 . And although Americans didn’t see a rate hike in June, the Federal Reserve was still clear there could be one again in July and likely a another one toward the end of the year.

With that in mind, investors may be taking some protective measures in terms of their investment portfolios. One such area includes uranium stocks, with spot prices of uranium up about 15% in […]

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( MENAFN – Investor Ideas) MYRIAD URANIUM CORP. (CSE: M) (OTCQB: MYRUF) (FSE: C3Q) ("Myriad" or the "Company") announces that in order to constrain structures and identify possible uranium traps ahead of upcoming drilling, the Company has initiated geophysical surveys at key target areas within the Сompany’s Agebout and Afouday licenses. Drones carrying high-resolution magnetometers have already started flying a planned 5,942 line-km pattern at 50m line spacing 35m flying height (Figure 1).
Figure 1: Geophysical Survey Areas
Early indications from the field are that the drone survey is successfully detecting very low amplitude features that would otherwise be difficult or impossible to detect using traditional fixed wing or helicopter-based surveys. Data acquisition is expected to be completed within 6 to 8 weeks, with processing and interpretation following within 4 weeks after that.Thomas Lamb, Myriad’s CEO states "Areva (now called Orano), the […]

Click here to view original web page at menafn.com

Worries about an impending recession may have suppressed energy commodity prices this year, but uranium has not had that problem.

Years of underinvestment and a general reevaluation of nuclear power’s place in the clean energy transition suggests the recent rally will continue. Bank of America’s Global Research projects uranium spot prices to increase by 34% by the end of 2025.

The European Union’s abrupt policy shift, a massive reactor buildout in Asia, and the fast-tracking of safer small modular reactor designs by the Biden administration all suggest a new era.

New trading instruments are arriving in the space to capitalize on this. The recent launch of the Zuri-Invest Actively Managed Certificates (Uranium AMC) is emblematic of a secular change that could last a decade. ETF Exposure Since utilities depend on long-term contracts and new reactors can take five to 10 years to complete, this is a “long ball” investment theme. And […]

Click here to view original web page at www.etf.com

American Lithium Reaches Definitive Agreement to Spin Out
Macusani Uranium Deposit into an Independent Public Company

VANCOUVER, BRITISH COLUMBIA, June 7, 2023 – American Lithium Corp . (" American Lithium " or the " Company ") (TSX-V:LI | NASDAQ:AML| Frankfurt:5LA1) announces that it has entered into a definitive arrangement agreement (the " Arrangement Agreement ") with Friday’s Dog Holdings Inc. (TSX-V:FRDY), a public company currently listed on the TSX Venture Exchange and to be renamed International Uranium Corp. (" International Uranium "), dated June 6, 2023, pursuant to which it will transfer ownership (the " Transaction ") of its Macusani Uranium Project (the " Macusani Project "). In accordance with the terms of the Arrangement Agreement, the Company will transfer ownership of a wholly owned Peruvian subsidiary which holds the mineral concessions comprising the Macusani Project to International Uranium.

In connection with the Transaction, International Uranium will consolidate […]

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Vancouver, British Columbia–(Newsfile Corp. – July 7, 2023) – MYRIAD URANIUM CORP. (CSE: M) (OTCQB: MYRUF) (FSE: C3Q) (" Myriad " or the " Company ") announces that in order to constrain structures and identify possible uranium traps ahead of upcoming drilling, the Company has initiated geophysical surveys at key target areas within the Сompany’s Agebout and Afouday licenses. Drones carrying high-resolution magnetometers have already started flying a planned 5,942 line-km pattern at 50m line spacing 35m flying height (Figure 1). Figure 1: Geophysical Survey Areas

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/6301/172579_3964f775749bfbae_002full.jpg

Early indications from the field are that the drone survey is successfully detecting very low amplitude features that would otherwise be difficult or impossible to detect using traditional fixed wing or helicopter-based surveys. Data acquisition is expected to be completed within 6 to 8 weeks, with processing and interpretation following within 4 […]

Click here to view original web page at markets.businessinsider.com

Mr. Thomas Lamb reports:

Vancouver, British Columbia–(Newsfile Corp. – July 7, 2023) – MYRIAD URANIUM CORP. (CSE: M) (OTCQB: MYRUF) (FSE: C3Q) (" Myriad " or the " Company ") announces that in order to constrain structures and identify possible uranium traps ahead of upcoming drilling, the Company has initiated geophysical surveys at key target areas within the Сompany’s Agebout and Afouday licenses. Drones carrying high-resolution magnetometers have already started flying a planned 5,942 line-km pattern at 50m line spacing 35m flying height (Figure 1). Figure 1: Geophysical Survey Areas

Early indications from the field are that the drone survey is successfully detecting very low amplitude features that would otherwise be difficult or impossible to detect using traditional fixed wing or helicopter-based surveys. Data acquisition is expected to be completed within 6 to 8 weeks, with processing and interpretation following within 4 weeks after that.

Thomas Lamb, Myriad’s CEO states "Areva […]

Click here to view original web page at www.juniorminingnetwork.com

FILE – An open-air uranium mine is seen at a uranium mining facility in Arlit, Sept. 25, 2013. Niger and China have talked of deals that include a uranium mine, as well as an industrial park and an oil pipeline. Agadez, Niger —

The West African nation of Niger and China have been discussing deals that include an industrial park, an oil pipeline and a uranium mine.

The Chinese ambassador to Niger, Jiang Feng, said China would build an industrial park that would impact industries including agro-food, manufacturing, mining and real estate, according to a tweet from Nigerien President Mohamed Bazoum’s official account. It said the deal is a result of a China-Niger Investment Forum held in April. ▶️AGENDA PRÉSIDENTIEL ✅[Coopération Niger��-Chine�� : Construction d’un parc industriel.] Le Président de la République, Chef de l’Etat, SEM @mohamedbazoum , a reçu le lundi 3 juillet 2023, l’Ambassadeur de la République Populaire de […]

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The Nasdaq ($NASX) remains near 52-week highs, up 31.77% year-to-date, which is its best annual first half in the last four decades. Meanwhile, the S&P 500 ($SPX) had its best monthly performance since October 2022, with the Dow ($DOWI) having its best since November.

However, concerns over a mild recession or even an economic meltdown persist around the world. There are a variety of reasons for this concern, including that the two-year to 10-year yield curve is now at its deepest inversion since 1981 . And although Americans didn’t see a rate hike in June, the Federal Reserve was still clear there could be one again in July and likely a another one toward the end of the year.

With that in mind, investors may be taking some protective measures in terms of their investment portfolios. One such area includes uranium stocks, with spot prices of uranium up about 15% in […]

Click here to view original web page at www.theglobeandmail.com

Liberty Star says positive independent evaluation of Red Rock Canyon gold project confirms its assessment

Liberty Star believes it has a clear path to substantial gold production in the near term, and potentially a much larger upside in copper in the longer-term

Liberty Star Minerals says company has received new Exploration Permit for Robbers Roost

View Price & Profile About the company Liberty Star Uranium & Metals is an Arizona-based mineral exploration company engaged in the acquisition, exploration, and development of mineral properties in Arizona and the southwest USA. How it is doing 20 Jun 2023 Liberty Star Uranium & Metals Corp. (OTC:LBSR) told investors it has received a positive independent evaluation of its wholly-owned Red Rock Canyon Gold Project (RRC) in southeast Arizona’s Cochise County.The mineral exploration company said the evaluation, by independent consulting geologist James Bryce, found that the entire land package has great potential to host […]

Click here to view original web page at www.proactiveinvestors.com

Uranium Royalty Corp.(TSX:URC) dropped from S&P/TSX Venture Composite Index Stocks mentioned in the article

Add to a list Price Change 5d. change Capi. (M$) URANIUM ROYALTY CORP. 2.550 CAD -2.67% -0.76% 197 M $ Latest news about Uranium Royalty Corp.

Uranium Royalty Brief: Company’s Shares and Warrants will begin trading on the TSX effective July 6, 2023 Jul. 05 MT HC Wainwright Adjusts Price Target on Uranium Royalty to $6 From $5.90, Maintains Buy Rating Mar. 20 MT Uranium Royalty Corp. Reports Earnings Results for the Third Quarter and Nine Months Ended January 31, 2023 Mar. 15 CI Uranium Royalty Corp. Reports Earnings Results for the Third Quarter and Nine Months Ended January 31, 2023 Mar. 15 CI URANIUM ROYALTY CORP. : Q3 2023 Earnings Release Mar. 15 FA Uranium Royalty Slips After Hours as its Closes US$1.5-Million Royalty Purchase; Acquires Additional Physical Supply Feb. 07 MT Uranium Royalty […]

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Valor is focusing on its tasty Athabasca uranium assets. Pic: via Getty Images share

Valor has agreed to sell the majority of its Picha and Charaque copper projects in Peru to Firetail Resources in order to focus on its high potential uranium assets in Canada’s Athabasca Basin.

Under the agreement, fellow Australian Firetail has paid the company a $200,000 exclusivity fee for a 90-day due diligence period.

Should Firetail proceed with the acquisition, it will pay Valor Resources (ASX:VAL) $550,000 in cash, 15 million FTL shares – representing a 20.58% shareholding in Firetail – and 20 million performance rights subject to certain vesting conditions in return for a 80% interest in Picha and Charaque.The transaction will allow the company to focus on its highly prospective, drill-ready uranium projects as prices of the energy metal rises amidst increasingly positive sentiment in the sector while retaining exposure to any future exploration upside […]

Click here to view original web page at stockhead.com.au

FILE – An open-air uranium mine is seen at a uranium mining facility in Arlit, Sept. 25, 2013. Niger and China have talked of deals that include a uranium mine, as well as an industrial park and an oil pipeline. Agadez, Niger —

The West African nation of Niger and China have been discussing deals that include an industrial park, an oil pipeline and a uranium mine.

The Chinese ambassador to Niger, Jiang Feng, said China would build an industrial park that would impact industries including agro-food, manufacturing, mining and real estate, according to a tweet from Nigerien President Mohamed Bazoum’s official account. It said the deal is a result of a China-Niger Investment Forum held in April. ▶️AGENDA PRÉSIDENTIEL ✅[Coopération Niger��-Chine�� : Construction d’un parc industriel.] Le Président de la République, Chef de l’Etat, SEM @mohamedbazoum , a reçu le lundi 3 juillet 2023, l’Ambassadeur de la République Populaire de […]

Click here to view original web page at www.voanews.com

Valor Resources has entered into a binding agreement with Firetail Resources to offload an 80 per cent interest in its Peruvian copper assets for an upfront cash payment of $750,000 and 15 million shares in the junior explorer. The raised funds will be used to accelerate Valor’s uranium hunt in Canada’s world-class Athabasca Basin at a time of rising uranium prices and surging investor interest. A landscape view of Valor Resources’ Peruvian project Credit: File

Valor Resources has entered into a binding agreement with ASX-listed Firetail Resources to offload an 80 per cent interest in its Peruvian copper assets for an upfront cash payment of $750,000 and a package of 15 million shares and 20 million performance rights in the junior explorer.

Interestingly, the share placement will earn Valor more than 20 per cent ownership of Firetail and will also give its executive chairman George Bauk a seat at Firetail’s […]

Click here to view original web page at www.businessnews.com.au

The transition towards low-carbon, clean energy solutions is continuing to pick up pace, and with it, the demand for critical minerals is projected to continue increasing. Critical minerals are the natural resources necessary to generate, transmit and store low-carbon energy. Modern forms of clean energy, such as battery, wind, solar and nuclear all depend upon a steady supply of these critical minerals.

To meet goals for lowering carbon emissions, governments and corporations have invested a historic $1.1 trillion into the transition to renewable energy sources. However, estimates say the figure needs to triple to meet net-zero targets.

One concern with the transition is whether the supply of critical minerals will be able to keep up with the rapidly increasing demand. Copper, for example, is a critical mineral that is involved in almost every type of clean energy. One projection shows the energy transition demand for copper going from today’s demand of […]

Click here to view original web page at www.benzinga.com

The Nasdaq ($NASX) remains near 52-week highs, up 31.77% year-to-date, which is its best annual first half in the last four decades. Meanwhile, the S&P 500 ($SPX) had its best monthly performance since October 2022, with the Dow ($DOWI) having its best since November.

However, concerns over a mild recession or even an economic meltdown persist around the world. There are a variety of reasons for this concern, including that the two-year to 10-year yield curve is now at its deepest inversion since 1981 . And although Americans didn’t see a rate hike in June, the Federal Reserve was still clear there could be one again in July and likely a another one toward the end of the year.

With that in mind, investors may be taking some protective measures in terms of their investment portfolios. One such area includes uranium stocks, with spot prices of uranium up about 15% in […]

Click here to view original web page at www.barchart.com

Uranium Energy Corp. [AMEX: UEC] stock went on a downward path that fall over 0.00% on Monday, amounting to a one-week price increase of more than 0.29%. The company report on June 9, 2023 at 6:15 AM that Uranium Energy Corp Files Fiscal 2023 Q3 Quarterly Report.

NYSE American: UEC.

Top 5 EV Tech Stocks to Buy for 2023

The electric vehicle boom is accelerating – and fast. According a new report published by BloombergNEF, annual spending on passenger EVs hit $388 billion in 2022, up 53% from the year before. Like we said, the boom is accelerating – and the time to buy EV-related tech stocks is now. Get our free report, "Top 5 EV Tech Stocks to Buy for 2023". Click Here to Download the FREE Report. SponsoredUranium Energy Corp (NYSE American: UEC), the “Company” or “UEC”) is pleased to report, in accordance with NYSE American requirements, […]

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Nuclear power has become one of the top ways countries around the world are transitioning to clean power. While it isn’t likely to be the only source of power, uranium is likely to be a main source that will continue to see massive growth in the next decade or so.

One of the top choices investors have therefore been eyeing is Cameco ( TSX:CCO ). Cameco stock is one of the world’s largest uranium providers, with shares climbing higher over the last decade. That being said, there has been more near-term volatility lately. So, does that mean now is a good time for investors to jump in on the stock? Cameco stock: Room to run?

Cameco stock has seen incredible growth in the last year, with shares up 42% as of writing. That being said, it hasn’t been a smooth ride. Shares have climbed and fallen several times in the […]

Click here to view original web page at www.msn.com

Valor has agreed to sell the majority of its Picha and Charaque copper projects in Peru to Firetail Resources in order to focus on its high potential uranium assets in Canada’s Athabasca Basin.

Under the agreement, fellow Australian Firetail has paid the company a $200,000 exclusivity fee for a 90-day due diligence period.

Should Firetail proceed with the acquisition, it will pay Valor Resources (ASX:VAL) $550,000 in cash, 15 million FTL shares – representing a 20.58% shareholding in Firetail – and 20 million performance rights subject to certain vesting conditions in return for a 80% interest in Picha and Charaque.

The transaction will allow the company to focus on its highly prospective, drill-ready uranium projects as prices of the energy metal rises amidst increasingly positive sentiment in the sector while retaining exposure to any future exploration upside in Peru through a retained 20% project interest as well as its stake in Firetail.It […]

Click here to view original web page at www.msn.com

As more of the world adopts nuclear energy on the path to renewables, demand for uranium can only grow. Australia boasts several listed miners.

-Reactor building growing apace globally
-Upside for uranium pricing
-Australian-listed miners
-China’s nuclear conundrum
Bell Potter notes that as of March this year, 57 nuclear reactors were under construction around the globe. Shaw and Partners says 59, but doesn’t put a time on it, further noting this would add to the existing 436 reactor fleet, with a another 100 in the planning stage and 323 being proposed, quoting the World Nuclear Association.Of Bell Potter’s 57 under construction, 22 are in China. The broker offers more stats:During 2022, six reactors were connected to the grid (total capacity 9,054MW) and five reactors were shut down (-3,271MW). Thus far in 2023, four reactors have been connected to the grid, in Slovakia, China, the US and Belarus (3,772MW), and […]

Click here to view original web page at www.fnarena.com

Not for distribution to United States Newswire Services or for dissemination in the United States

TORONTO, July 05, 2023 (GLOBE NEWSWIRE) — Consolidated Uranium Inc. (“CUR”, the “Company” or “Consolidated Uranium”) (TSXV: CUR) (OTCQX: CURUF) is pleased to announce that further to its press release on May 24, 2023 regarding the creation and planned spin-out (the “ Spin-Out ”) of Premier American Uranium Inc. (“ PUR ”), CUR has entered into an agreement with Red Cloud Securities Inc. to act as lead agent and sole bookrunner on behalf of a syndicate of investment dealers (collectively, the “ Agents ”) in connection with a fully marketed private placement (the “ PUR Offering ”) of a minimum of 5,750,000 subscription receipts of PUR (each, a “ Subscription Receipt ”) at a price of C$1.80 per Subscription Receipt (the “ Offering Price ”) for minimum gross proceeds of C$10,350,000. The Agents will […]

Click here to view original web page at www.globenewswire.com

With uranium sentiment continuing to improve – as highlighted by spot prices hovering in the US$56 per pound range – Basin’s move to acquire additional ground at its Geikie project seems well timed.

The addition of the two claims totalling 11.87km 2 takes the total area covered by Geikie project up to 350.87km 2 .

Importantly for Basin Energy (ASX:BSN) , the new claims are adjacent to its current maiden exploration drilling program of eight holes totalling 2,000m and contain continuations of the current drill targets.

“With maiden drilling currently underway at Geikie, it is commendable work by our joint venture partner CanAlaska to secure the interpreted extensions to the current drill targets via the staking of these additional claims,” Managing Director Pete Moorhouse said.“We eagerly await the additional VTEM data, the results of which will be compiled with any available historic exploration data and the findings from our maiden drill program […]

Click here to view original web page at www.msn.com

In this Trade To Black Podcast, TDR Founder Shadd Dales interviewed Atomic Minerals (TSXV: ATOM) (President & CEO, Clive Massey. In this podcast Clive talks about the company’s promising uranium projects, which aim to take advantage of a rising commodity price over time.

Atomic Minerals, a Vancouver-based exploration company, is actively traded on the TSX Venture Exchange and boasts a skilled management and technical team with a track record of success in the junior mining industry. The company lists six ongoing mining projects in various stages of early-stage exploration development:

• Lloyd Lake Project : a 6,168 Ha land parcel which lies south of the western Athabasca Basin approximately 90 km SE of Fission Uranium’s Patterson Lake project

• Harts Point Project : lies on the eastern flank of the southern extension of Gibson Dome, a non-diapiric salt anticline, in San Juan County, Utah• 10 Mile Property : consists of 521 unpatented […]

Click here to view original web page at thedalesreport.com

DESIGNATED NEWS RELEASE

VANCOUVER, BC, July 5, 2023 /PRNewswire/ – Uranium Royalty Corp. (NASDAQ: UROY ) (TSXV: URC) (" URC " or the " Company ") is pleased to announce that it has received final approval from the Toronto Stock Exchange (the " TSX ") for the listing of its common shares (" Shares ") and common share purchase warrants expiring December 6, 2024 (" Warrants ") on the TSX.

The Company’s Shares and Warrants will begin trading on the TSX effective July 6, 2023, and will continue to trade under the stock symbols " URC " and " URC.WT ", respectively.

As a result of the graduation of URC to the TSX, its Shares and Warrants will no longer trade on the TSX Venture Exchange and will be voluntarily delisted from the TSX Venture Exchange, effective as of market close on July 5, 2023. Shareholders are not required to exchange […]

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Los Andes Copper’s Vizcachitas red metal and molybdenum project in central Chile. Credit: Los Andes Copper As the push for green energy gathers more momentum, demand for the metals that go into zero-emission technologies is rising while uranium spot prices have seen a steady climb since January.

Here’s a list of the top ten Canadian-headquartered base metal and uranium juniors with no production. The ranking is based on the companies’ market capitalization as of June 1, as compiled by Mining Intelligence. 1 Filo Mining

Market Cap: $2.6 billion

Filo Mining (TSXV: FIL) traded spots with NexGen Energy (TSX: NXE; NYSE: NXE) for the top spot this year even though Filo’s market cap fell by more than 11%. A member of the Lundin Group of companies, Filo’s flagship project is its Filo del Sol copper-gold project in South America. The high-sulphidation epithermal copper-gold-silver deposit is associated with a […]

Click here to view original web page at www.northernminer.com

PERTH (miningweekly.com) – ASX-listed Valor Resources has signed a binding term sheet with explorer Firetail Resources to sell up to an 80% interest in its Picha copper/silver project and the Charaque copper project in Peru.

Under the term sheet, Firetail will acquire up to 80% of the issued share capital of Valor subsidiary Kiwanda, which holds the mining concessions for the two projects.

Firetail will pay an initial A$200 000 in cash on execution of the term sheet, and will pay a further A$550 000 in cash and issue 15-million shares on the completion of the proposed transaction, subject to shareholder approval. A further 20-million performance rights convertible into Firetail shares will also be issued subject to shareholder approval and on the satisfaction of specific vesting conditions.

“This acquisition has strategic importance to Firetail as it complements our existing assets and provides near-term exposure to the copper market with drilling commencing in […]

Click here to view original web page at www.miningweekly.com