Boss has appointed key personnel to ensure wellfield development and construction activities can start as soon as a final investment decision is made. Aspiring producer Boss Energy (ASX: BOE) has confirmed it will expand preliminary project execution strategies for the re-start of its Honeymoon uranium venture in South Australia.

On the back of an enhanced feasibility study released last month , the company will advance planned activities in production schedule optimisation, equipment selection and contract and procurement negotiation.

Preferred vendors are completing equipment design for long lead items, as priority work steams ahead of a final investment decision. New appointments

Boss’ process plant management team has been strengthened in recent weeks to focus on key packages along the four critical paths of engineering and procurement, water treatment plant design, wellfield planning and development, and concrete and structural steel works.New appointees Ben Jeuken (general manager wellfield and resources) and Jason Cherry (geology […]

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All eyes were on the US Federal Open Market Committee this week, which shed some light on policy after its two day meeting, held from Tuesday (July 27) to Wednesday (July 28). “Overall financial conditions remain accommodative, in part reflecting policy measures to support the economy and the flow of credit to U.S. households and businesses. The path of the economy continues to depend on the course of the virus. Progress on vaccinations will likely continue to reduce the effects of the public health crisis on the economy, but risks to the economic outlook remain” — US Federal Reserve Gold Outlook 2021! Are You Investing In Gold Yet?

What Happened To Gold In Q1? Which Gold Stocks To Watch In 2021?

Exclusive Information You Need To Make An Informed Decision.

The Fed indicated that it will leave interest rates unchanged, and will also continue its bond-buying program, although the […]

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This Elevate Uranium profile is part of a paid investor education campaign. *

As decarbonization and electrification continue to develop around the world, carbon-free nuclear power is required to achieve both changes. Why is this the case? It’s simple—nuclear power produces zero carbon emissions, prevents air pollution, spans a smaller land footprint and produces minimal waste. Nuclear power is central to the clean energy movement. As a result, the uranium market presents an exciting opportunity for investors seeking to capitalize on the clean energy movement.

Elevate Uranium Limited (ASX:EL8) is an Australian mineral exploration and development company specializing in identifying, exploring and acquiring highly prospective uranium projects in Australia and Namibia. The company is the largest tenement holder for uranium in Namibia, which is the fourth-highest uranium-producing country in the world as of 2019. The company is backed by a management team with over 60 years of experience in the […]

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Energy Fuels Logo (CNW Group/Energy Fuels Inc.) Alliance has the potential to develop commercial technologies and sources of isotopes needed for a new domestic medical supply chain

LAKEWOOD, Colo., July 29, 2021 /CNW/ – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) ( "Energy Fuels" or the "Company" ) is pleased to announce the execution of a Strategic Alliance Agreement ( "Alliance" ) with RadTran, LLC ( "RadTran" ) to evaluate the recovery of thorium, and potentially radium, from the Company’s existing rare earth carbonate (" RE Carbonate ") and uranium process streams for use in the production of medical isotopes for emerging targeted alpha therapy (" TAT ") cancer therapeutics. This initiative will complement the Company’s existing uranium and RE Carbonate businesses, as it will investigate the recovery of isotopes in existing process streams at Energy Fuels’ White Mesa Mill in Utah (the "Mill" ) for medical purposes. […]

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Boss Energy managing director Duncan Craib said the June quarter had been a “transformational” period for the company. Boss Energy (ASX: BOE) is on track with its strategy of becoming Australia’s next uranium miner from its Honeymoon project in South Australia, with an enhanced feasibility study recently returning financially robust results.

Boss managing director Duncan Craib said the June quarter had been “transformational” for the company.

During the period, Boss unveiled its much-anticipated enhanced feasibility study for restarting Honeymoon.

The company says the study shows the proposed uranium operation will be financially and technically robust.Under the enhanced study, Honeymoon’s pre-tax net present value rose 35% on last year’s study to U$309 million.Nameplate production capacity was increase by 22.5% to 2.45 million pounds of uranium per annum based on the Honeymoon restart area resource of 36Mlb. Outside of this area is a further 35.6Mlb of JORC resources which could underpin production beyond the […]

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The gold price remains well off last summer’s all-time high, but for veteran investor and speculator Rick Rule, the current malaise in the space is an opportunity, not a cause for dismay.

He previously thought gold and gold equities had gotten ahead of themselves, and he views the current levels as a sale — but not necessarily a sale that will last for very long.

“I think now that a recovery in the gold price occurs sooner rather than later,” he told the Investing News Network (INN). “I’m always fond of saying that I like things that are inevitable, but might not be imminent — I’m beginning to think that an upward move in the gold price is imminent too as a consequence of the expansion of the negative margin on the US 10 year Treasury.” Gold Outlook 2021! Are You Investing In Gold Yet?

What Happened To Gold In […]

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Drilling at Deep Yellow’s Tamas 3 uranium prospect in Namibia has been incorporated into the new mineral resource upgrade. Deep Yellow has exceeded expectations at its Tumas 3 uranium project in Namibia converting an impressive 117 percent of the existing inferred mineral resource to the more reliable indicated mineral resource status on the back of recent drilling that also identified an additional 5.7 million pounds of indicated resources from peripheral zones. Overall grade also jumped from 299ppm to 320 ppm eU3O8.

Deep Yellow recently announced it has set the wheels in motion on a definitive feasibility study, or “DFS” on its Tumas project after delivering a solid set of pre-feasibility figures earlier this year. Infill drilling of the known prospects has been a big component of the DFS. Since February, the company has put down a total of 911 holes for 17,679m covering the Tumas 3 prospect.

Drilling also turned up […]

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‘You Chose War’: Hedge-Fund Rift Emerges From Cum-Ex Probe (Bloomberg)
A London hedge fund dispute exposed a bitter rift between two former business partners who were targeted for their alleged roles in the sprawling Cum-Ex tax scandal a year ago. Duet Group’s CEO Henry Gabay was ordered by a judge in London to pay Alain Schibl $2.5 million to cover debt outstanding from an arbitration settlement this week. The pair, who founded the London-based hedge fund together in 2002, traded insults and allegations of improper conduct at the hearing that pushed their spat into the public domain.

Blue Owl Collects $2bn for Debt-and-Equity Opportunistic Fund (Opalesque)
The alternative asset manager Blue Owl Capital Inc. has raised $2 billion for an opportunistic fund targeting both equity and debt investments. The fund, Owl Rock Opportunistic Fund, will have $2.5 billion in investable capital, including anticipated leverage, and will target investments including […]

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Energy Fuels Logo (CNW Group/Energy Fuels Inc.) Alliance has the potential to develop commercial technologies and sources of isotopes needed for a new domestic medical supply chain

LAKEWOOD, Colo., July 29, 2021 /CNW/ – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) ( "Energy Fuels" or the "Company" ) is pleased to announce the execution of a Strategic Alliance Agreement ( "Alliance" ) with RadTran, LLC ( "RadTran" ) to evaluate the recovery of thorium, and potentially radium, from the Company’s existing rare earth carbonate (" RE Carbonate ") and uranium process streams for use in the production of medical isotopes for emerging targeted alpha therapy (" TAT ") cancer therapeutics. This initiative will complement the Company’s existing uranium and RE Carbonate businesses, as it will investigate the recovery of isotopes in existing process streams at Energy Fuels’ White Mesa Mill in Utah (the "Mill" ) for medical purposes. […]

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Karen Lloyd and Geoff Gay Appointed to Board of Directors

Shane Shircliff Appointed to Advisory Board

Vancouver, British Columbia–(Newsfile Corp. – July 28, 2021) – CanAlaska Uranium Ltd. (TSXV: CVV) ( OTCQB: CVVUF) ( FSE: DH7N ) ("CanAlaska" or the "Company") is pleased to announce the appointment of Ms. Karen Lloyd and Mr. Geoff Gay to the Board of Directors of the Company, effective immediately. In addition, the Company is pleased to announce Mr. Shane Shircliff’s appointment to the Advisory Board of the Company.

Ms. Lloyd (B. Comm., M.B.A.) comes from a strong and significant strategy and marketing background across five different industries including mining, telecommunications, online payments, executive training and banking. This depth of experience comes from her employment with Telus Communications, Hongkong Bank of Canada and Cameco Corporation. Between 2009 and 2020, Ms. Lloyd managed a team of contract and inventory specialists to seamlessly fulfill global […]

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There’s no doubt that money can be made by owning shares of unprofitable businesses. For example, although Amazon.com made losses for many years after listing, if you had bought and held the shares since 1999, you would have made a fortune. But while history lauds those rare successes, those that fail are often forgotten; who remembers Pets.com?

Given this risk, we thought we’d take a look at whether GoviEx Uranium ( CVE:GXU ) shareholders should be worried about its cash burn. For the purposes of this article, cash burn is the annual rate at which an unprofitable company spends cash to fund its growth; its negative free cash flow. The first step is to compare its cash burn with its cash reserves, to give us its ‘cash runway’. Does GoviEx Uranium Have A Long Cash Runway?

You can calculate a company’s cash runway by dividing the amount of cash […]

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What happened

Shares of junior uranium miners shot through the roof today. As of the market’s close on Wednesday, Uranium Energy (NYSEMKT: UEC) , Energy Fuels (NYSEMKT: UUUU) , and Ur-Energy (NYSEMKT: URG) were up 6.1%, 9.5%, and 8.2%, respectively.

As if the emergence of the world’s first exchange-traded fund (ETF) that invests in physical uranium wasn’t enough to stir up frenzied buying in uranium stocks, big nuclear energy news from Japan this morning added fuel to the enthusiasm. So what

Miners’ profitability depends a great deal on uranium prices. After a lull that lasted years, uranium spot prices crossed $30 per pound in 2020, only to give up some gains as 2021 kicked off. Prices have bounced back by double digits since, though, triggering hopes of better days ahead for uranium miners.The enthusiasm hit a whole new level when the Sprott Physical Uranium Trust Fund started trading on the […]

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Energy Fuels Inc. UUUU is expected to report second-quarter 2021 results soon. Q2 Estimates

The Zacks Consensus Estimate for second-quarter revenues is currently pegged at $5.5 million, indicating growth of 1,270% from the prior-year quarter. The consensus mark for bottom line is pegged at a loss of 4 cents, compared with a loss of 8 cents in the year-ago quarter. The estimates have remained stable over the past 30 days. Q1 Results

In the last reported quarter, Energy Fuels reported revenues of $0.38 million, which declined 46% year over year and missed the Zacks Consensus Estimate of $0.55 million. The company reported first-quarter 2021 loss per share of 8 cents, wider than the Zacks Consensus Estimate of a loss per share of 5 cents. The uranium mining company had reported a loss of 5 cents in the prior-year quarter.

The company has a trailing four-quarter negative earnings surprise of 40%, […]

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