Vancouver, B.C. Canada – TheNewswire – October 18, 2021, BLACK SHIELD METALS CORP. (CSE:BDX) (CNSX:BDX.CN) (“Black Shield” or the “Company”) is pleased to announce it has entered into an option agreement (the “Option Agreement”) with Skyharbour Resources Ltd. (“Skyharbour” or the “Optionor”) to acquire up to a 75% (the “Option”) of the Mann Lake Uranium Project (“Mann Lake” or the “Property”) located in the Athabasca Basin, Northern Saskatchewan, Canada.

Skyharbour owns a 100% interest in the 3,473 hectare (8,582 acre) Mann Lake Uranium Project located in the eastern Athabasca Basin in northern Saskatchewan. It is strategically located 25 km southwest of the McArthur River Mine, the largest high-grade uranium deposit in the world, and 15 km to the northeast along strike of Cameco’s Millennium uranium deposit. Skyharbour’s Mann Lake project is also adjacent to the Mann Lake Joint Venture operated by Cameco (52.5%) with partners Denison Mines (30%) and […]

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Exercises Option on the Moran Lake Uranium and Vanadium Project

Labrador Uranium Enters Agreement with Altius Minerals to Acquire Land Position in the Central Mineral Belt

TORONTO, Oct. 18, 2021 (GLOBE NEWSWIRE) — Consolidated Uranium Inc. (“ CUR ”, the “ Company ” or “ Consolidated Uranium ”) (TSXV: CUR) (OTCQB: CURUF) is pleased to announce the creation and planned spin-out of Labrador Uranium Inc. (“ Labrador Uranium ” or “ LUR ”), currently a majority-controlled subsidiary of CUR focused on the consolidation, exploration and development of uranium projects in Labrador. In connection with the proposed spin-out of LUR, the Company has provided notice to exercise its option pursuant to the option agreement announced on November 18, 2020 (the “ Option Agreement ”) to acquire 100% of the Moran Lake project (the “ Moran Lake Project ”).

To effect the spin-out, the Company has entered into an […]

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ASX uranium shares are posting broad-based gains as the bullish case for nuclear energy gathers momentum. ASX uranium shares surge on Monday

The largest ASX-listed uranium player, Paladin Energy Ltd (ASX: PDN) is up 8.64% to 88 cents.

Emerging producer Boss Energy Ltd (ASX: BOE) leads the charge, up 9.26% to 29.5 cents.

Advanced Namibia-based explorer Deep Yellow Limited (ASX: DYL) is lagging behind its peers, up 1.9% to $1.07.The most recently listed uranium explorer, 92 Energy Ltd (ASX: 92E) is also edging higher, up 6.9% to 77.5 cents.Elsewhere, speculative explorers such as Bannerman Energy Ltd (ASX: BMN) , Lotus Resources Ltd (ASX: LOT) , Vimy Resources Ltd (ASX: VMY) , Peninsula Energy Ltd (ASX: PEN) and Alligator Energy Ltd (ASX: AGE) are posting mixed gains, up between 2.8% and 14.5%. What’s driving the uranium sector? Surging oil and gas prices and an over-reliance on renewables is positioning nuclear […]

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(CNSX:BDX.CN) (“Black Shield” or the “Company”) is pleased to announce it has entered into an option agreement (the “Option Agreement”) with Skyharbour Resources Ltd. (“Skyharbour” or the “Optionor”) to acquire up to a 75% (the “Option”) of the Mann Lake Uranium Project (“Mann Lake” or the “Property”) located in the Athabasca Basin, Northern Saskatchewan, Canada.

Skyharbour owns a 100% interest in the 3,473 hectare (8,582 acre) Mann Lake Uranium Project located in the eastern Athabasca Basin in northern Saskatchewan. It is strategically located 25 km southwest of the McArthur River Mine, the largest high-grade uranium deposit in the world, and 15 km to the northeast along strike of Cameco’s Millennium uranium deposit. Skyharbour’s Mann Lake project is also adjacent to the Mann Lake Joint Venture operated by Cameco (52.5%) with partners Denison Mines (30%) and AREVA (17.5%).Denison Mines acquired International Enexco and its 30% interest in the project after the […]

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There has been a lot of talks lately about fossil fuel energy source prices rising, particularly coal and gas prices. But did you know that uranium prices are up 64% since the August low, and are now at US$47.20/lb?

Uranium prices are up 64% from the August 16, 2021 low (as on 18 October 2021)
The reason uranium prices are rising is that supply has reduced and demand is reviving with an upward trajectory.

Uranium supply
In 2020, ~46Mlbs or ~35% of global supply of uranium production (annualized), was suspended due to low prices. Kazatomprom, the world’s largest uranium miner, announced a 20% reduction in production into 2023. Cameco shuttered McArthur River and (largest in Canada) Cigar Lake mines, and there are several others . Meanwhile, U.S uranium production is non-existent, or as Ur-Energy states : “2020 – 2021Q2: U.S. uranium production continues to be so low EIA unable […]

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Chris Frostad, President and CEO, will be presenting virtually at the Red Cloud’s 2021 Virtual Oktoberfest Fall Mining Showcase on Wednesday, October 20, 2021 at 2:45 pm ET . To register for the conference, please visit: https://www.redcloudfs.com/oktoberfest2021/ .

Chris Frostad will also be hosting a luncheon presentation at the 2021 New Orleans Investment Conference on Friday, October 22, 2021 at 12:30 pm local time . During this presentation, Chris will be sharing some background on the excitement we are currently experiencing in the uranium space as uranium prices hit their tipping point ( https://youtu.be/jASihpiyg5M ). To register for this year’s New Orleans conference, please visit: https://neworleansconference.com/2021-conference-registration/ .

About Purepoint

Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) actively operates an exploration pipeline of 12 advanced projects in Canada’s Athabasca Basin, the world’s richest uranium region. Purepoint’s flagship project is the Hook Lake Project, a joint venture with two of the […]

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

SYH ) (OTCQB: SYHBF) (Frankfurt: SC1P ) (the “Company”) is pleased to announce that the company will be presenting at Red Cloud’s 2021 Oktoberfest Fall Mining Showcase and PI Financial’s “Uranium Day 2.0: The Emerging Uranium Opportunity”. We invite our shareholders and all interested parties to join us there.

Red Cloud’s 2021 Oktoberfest Fall Mining Showcase:

The annual conference will be a virtual event this year and will take place from October 18-20, 2021. Jordan Trimble, President and CEO will be presenting on Wednesday, October 20 th at 12:30PM PST (3:30PM EST).

For More Information and to Register for the Conference: https://www.redcloudfs.com/oktoberfest2021/ PI Financial’s Uranium Day 2.0: The Emerging Uranium Opportunity: PI’s conference will be a virtual event and will take place on October 27 th , 2021. Jordan Trimble will be presenting at 12:10pm PST (3:10pm EST). For More Information and to Register for the Conference: https://zoom.us/webinar/register/WN_v180HBQYTem4atpfZ2bG-A […]

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Nuclear energy has a bad reputation. Say “Chernobyl” or “Three Mile Island” and many remember dangerous and costly incidents that had negative effects for years to come.

But with the consequences of fossil fuels becoming more apparent every day, some are touting nuclear energy as a zero-emission clean energy source worth considering. And this change of heart has boosted assets and returns for nuclear energy ETFs over the past year.

On Tuesday alone, uranium-linked ETFs had an explosive day. The North Shore Global Uranium Mining ETF (URNM) rose by 13.5% while the Global X Uranium ETF (URA) gained 11.7%.

This rise adds to both funds’ strong gains over the trailing year. As with most thematic ETFs, there is considerable dispersion among the three ETFs that fall into the nuclear energy ETFs.The two uranium ETFs have significantly outperformed the VanEck Uranium+Nuclear Energy ETF (NLR) , which takes a wider view of the nuclear […]

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Vancouver, British Columbia–(Newsfile Corp. – October 14, 2021) – ALX Resources Corp. (TSXV: AL) (FSE: 6LLN) (OTC: ALXEF) ("ALX" or the "Company") is pleased to announce the completion of a geochemical survey at its 100%-owned Gibbons Creek Uranium Project ("Gibbons Creek", or the "Project"). Gibbons Creek currently consists of seven mineral claims encompassing 13,864 hectares (34,259 acres), located along the northern margin of the Athabasca Basin immediately west of the community of Stony Rapids, Saskatchewan, in a region hosting multiple uranium occurrences.

2021-2022 Exploration at Gibbons Creek

In early October 2021, ALX commenced a Spatiotemporal Geochemical Hydrocarbons ("SGH") soil geochemistry survey at Gibbons Creek. SGH is an analytical method developed by Actlabs of Ancaster, Ontario, Canada that is designed to detect subtle geochemical anomalies emanating from a buried source. Three hundred and twenty-one (321) samples were collected from a 4.4 kilometre-long grid over a strong, untested geophysical conductor detected […]

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Pic: Yuri Arcus/E+ via Getty Images. share

Australia’s next uranium producer says the industry is “on the cusp of a new Renaissance” as nuclear utilities begin to engage with miners on the back of price spikes in the spot market.

Uranium miners have suffered from almost a decade of low spot prices that has seen investment leach from the sector.

Owners of nuclear reactors have been able to rely on low-priced material in the spot market to supplement their long-term contracts.That option is quickly closing up as feverish uranium buying from the North American-listed Sprott Physical Uranium Trust, hedge funds and mining companies has put a rocket under uranium prices.Dawdling in the low US$30s for each pound of yellowcake for most of the year, the price shot up to more than US$50/lb in quick time before hitting choppy waters a couple weeks ago.After sliding below US$40/lb it was back up to […]

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

Uranium is one of the hottest commodities in the world right now, with most equities rallying by multiples over the last year. But what’s all the fuss about?

I recently penned a major article about the sector , with input from Brandon Munro, CEO of Bannerman Resources and co-Chair of the World Nuclear Association’s Nuclear Fuel Demand Working Group, Leigh Curyer, CEO of NexGen Energy, and Guy Keller , Portfolio Manager of the Tribeca Nuclear Opportunities Fund.

Despite the article’s considerable length, there was an awful lot that ended up on the cutting room floor. Given the incredible response I received for the article, I’ve edited the three interviews into a special podcast miniseries, so that you can get all the detail on the sector that your heart desires.

We hear about the history of the uranium market over the last 10 years and how we got here today, where future demand […]

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VANCOUVER, British Columbia, Oct. 15, 2021 (GLOBE NEWSWIRE) — Skyharbour Resources Ltd. (TSX-V: SYH ) (OTCQB: SYHBF ) (Frankfurt: SC1P ) (the “Company”) is pleased to announce that the company will be presenting at Red Cloud’s 2021 Oktoberfest Fall Mining Showcase and PI Financial’s “Uranium Day 2.0: The Emerging Uranium Opportunity”. We invite our shareholders and all interested parties to join us there.

Red Cloud’s 2021 Oktoberfest Fall Mining Showcase:

The annual conference will be a virtual event this year and will take place from October 18-20, 2021. Jordan Trimble, President and CEO will be presenting on Wednesday, October 20 th at 12:30PM PST (3:30PM EST).

For More Information and to Register for the Conference: https://www.redcloudfs.com/oktoberfest2021/ PI Financial’s Uranium Day 2.0: The Emerging Uranium Opportunity: PI’s conference will be a virtual event and will take place on October 27 th , 2021. Jordan Trimble will be presenting […]

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

Gold spent much of September and early October trending down, but this week was different.

The yellow metal was on the rise, and was trading near the US$1,800 per ounce mark midway through the week. At the time of this writing on Friday (October 15) afternoon, it had sunk to around US$1,770.

Market watchers have attributed gold’s mid-week climb to a number of factors, including inflation concerns, a weaker US dollar and lower 10 year Treasury yields. Gold Outlook 2021! Gold In 2021 – Will It Be Another Wild Ride?

What’s Next For The Gold market? Our Exclusive Report Provides You With All The Information Needed To Make An Informed Decision. It’s also worth noting that the US Federal Reserve’s latest meeting minutes were released this week; the minutes, which are from the central bank’s September 21 to 22 meeting, indicate that officials believe tapering of bond purchases should start […]

Click here to view original web page at investingnews.com

Nuclear energy has a bad reputation. Say “Chernobyl” or “Three Mile Island” and many remember dangerous and costly incidents that had negative effects for years to come.

But with the consequences of fossil fuels becoming more apparent every day, some are touting nuclear energy as a zero-emission clean energy source worth considering. And this change of heart has boosted assets and returns for nuclear energy ETFs over the past year.

On Tuesday alone, uranium-linked ETFs had an explosive day. The North Shore Global Uranium Mining ETF (URNM) rose by 13.5% while the Global X Uranium ETF (URA) gained 11.7%.

This rise adds to both funds’ strong gains over the trailing year. As with most thematic ETFs, there is considerable dispersion among the three ETFs that fall into the nuclear energy ETFs.The two uranium ETFs have significantly outperformed the VanEck Uranium+Nuclear Energy ETF (NLR) , which takes a wider view of the nuclear […]

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Summary

URA provides investors with diversified exposure to the uranium sector.

We look at the holdings and the longer-term performance.

We examine the valuation and give you our verdict. I do much more than just articles at Conservative Income Portfolio: Members get access to model portfolios, regular updates, a chat room, and more. Learn More » JacobH/iStock via Getty Images While investors have been observing that oil and gas equities are not dead, there are some areas of the energy market that are actually delivering even bigger returns. We are referring to the Global X Uranium ETF ( URA ) which has almost doubled the price returns of the Energy Select Sector SPDR ETF ( XLE ). Data by YCharts We take a look at this fund today to see what it does and whether we can get behind this one for an investment. The Fund URA provides […]

Click here to view original web page at seekingalpha.com