Uranium Ore Global Market Report 2023

ReportLinker Major players in the Uranium Ore market include Cameco, Rio Tinto Group, BHP Billiton Ltd., Paladin Energy, and Energy Resources of Australia. The global uranium ore market will grow from $0.79 billion in 2022 to $0.82 billion in 2023 at a compound annual growth rate (CAGR) of 3.1%.

New York, April 11, 2023 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report "Uranium Ore Global Market Report 2023" – https://www.reportlinker.com/p06320380/?utm_source=GNW
Major players in the Uranium Ore market include Cameco, Rio Tinto Group, BHP Billiton Ltd., Paladin Energy, and Energy Resources of Australia.

The global uranium ore market will grow from $0.79 billion in 2022 to $0.82 billion in 2023 at a compound annual growth rate (CAGR) of 3.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to […]

Cameco Co. (NYSE: CCJ) Experiences Unprecedented Trading Activity and Institutional Investment Surge

Cameco Co. (NYSE:CCJ) (TSE:CCO) experienced an incredibly unusual situation in trading on Thursday as stock investors acquired 384,705 call options on the company in one day. This marked an increase of 1,490% compared to the typical daily volume of 24,198 call options. With such a surprising change in trading activity, it’s worth delving into the recent modifications to institutional investor and hedge fund holdings of CCJ.

Clearview Wealth Advisors LLC recently invested in Cameco by purchasing a new stake in shares of the company worth approximately $25,000 during the first quarter. Crewe Advisors LLC raised its holdings in Cameco by 1,175.8% during the fourth quarter by acquiring an additional 1,164 shares and taking its holdings of basic materials company’s stock to a value of $29,000. FNY Investment Advisers LLC also acquired a new stake in Cameco during the third quarter valued at about $31,000.

Larson Financial Group LLC lifted its stake […]

Standard Uranium Announces Results from 2022 Geophysical Surveys on Eastern Athabasca Basin Properties, Defining Drill-Ready Target Areas

Key Focus Points: Standard Uranium has defined multiple drill-ready target areas on the Atlantic, Canary, and Ascent projects situated in the prolific eastern Athabasca Basin.

Strong EM conductors coupled with regional-scale faults and potential alteration signatures outline high-priority target areas on all three eastern Athabasca projects.

ALS Goldspot Discoveries is currently working on providing additional targeting layers based on regional and local information, while incorporating the newly acquired geophysical data.

Planning for inaugural drill programs designed to follow up on prospective historical results coupled with newly identified geophysical anomalies is underway. The geophysical surveys completed were designed to characterize lithological variations and alteration signatures, in addition to further refining the structural architecture and known basement conductors on the projects. The results of the surveys have outlined several compelling target areas on all three projects. Along with drill-ready targets, the Company’s east side projects are fully […]

Cosa Resources Hires Award Winning Uranium Geologist Justin Rodko

Cosa Resources Corp. ( CSE: COSA ) (“ Cosa Resources ” or the “Company”) is pleased to announce the appointment of Justin Rodko as Corporate Development Manager and also announces the voting results from its annual general meeting.

Mr. Rodko is a Professional Geoscientist with nearly a decade of uranium exploration experience in Saskatchewan and Nunavut. Joining IsoEnergy shortly after the company’s inception, and quickly progressing to Senior Geologist, Justin played a key role in discovering and advancing the Hurricane deposit to its status as the world’s highest grade Indicated Mineral Resource in uranium. For these accomplishments Justin was awarded the AME 2022 Colin Spence Award for excellence in global mineral exploration alongside other current Cosa team members, Steve Blower, Andy Carmichael and Craig Parry. Mr. Rodko’s previous uranium experience includes working at Orano’s (formerly AREVA) Waterbury Cigar and Waterbury UEM projects as well as NexGen’s Arrow Deposit in the […]

Cameco Sees Unusually High Options Volume (NYSE:CCJ)

Cameco Co. ( NYSE:CCJ – Get Rating ) (TSE:CCO) was the recipient of some unusual options trading on Thursday. Stock investors acquired 384,705 call options on the company. This is an increase of approximately 1,490% compared to the typical daily volume of 24,198 call options. Analysts Set New Price Targets

Get Cameco alerts: MarketBeat Week in Review – 3/6 – 3/10

A number of research firms recently issued reports on CCJ. StockNews.com assumed coverage on shares of Cameco in a research report on Thursday, March 16th. They set a "sell" rating on the stock. TD Securities upgraded shares of Cameco to a "buy" rating in a research report on Friday, February 10th. Raymond James increased their target price on shares of Cameco from C$45.00 to C$48.00 in a report on Friday, February 10th. Finally, Scotiabank raised their target price on Cameco from C$43.00 to C$50.00 in a research […]

Cosa Resources Hires Award Winning Uranium Geologist Justin Rodko

(TheNewswire) Vancouver, British Columbia – TheNewswire – April 13, 2023 – Cosa Resources Corp. (CSE: COSA ) (“ Cosa Resources ” or the “Company”) is pleased to announce the appointment of Justin Rodko as Corporate Development Manager and also announces the voting results from its annual general meeting.

Mr. Rodko is a Professional Geoscientist with nearly a decade of uranium exploration experience in Saskatchewan and Nunavut. Joining IsoEnergy shortly after the company’s inception, and quickly progressing to Senior Geologist, Justin played a key role in discovering and advancing the Hurricane deposit to its status as the world’s highest grade Indicated Mineral Resource in uranium. For these accomplishments Justin was awarded the AME 2022 Colin Spence Award for excellence in global mineral exploration alongside other current Cosa team members, Steve Blower, Andy Carmichael and Craig Parry. Mr. Rodko’s previous uranium experience includes working at Orano’s (formerly AREVA) Waterbury Cigar and Waterbury […]

7 Penny Stocks to Keep an Eye on for the Rest of the Year

Invest in these penny stocks to watch for healthy gains this year.

B2Gold ( BTG ): Forecasts a robust showing this year, likely surpassing production levels from last year.

Uranium Energy ( UEC ): The massive shortfall in the current output and uranium energy market points to a healthy upside potential for UEC stock.

American Well ( AMWL ): Robust liquidity and improved hedge fund interest should us invested in the future. Solid Power ( SLDP ): Its relationship with Ford and BMW will continue to provide the impetus needed for commercialization. SGHC Limited ( SGHC ): Strong profitability profile should have you invested in the stock’s long-term growth runway. Tilray Brands ( TLRY ): Reported another stellar quarter, with it continuing to build a strong strategic footprint in the space. Ammo Inc. (NASDAQ: POWW ): Shares are down in an unconducive market, trading at just 1.3 times forward […]

Cosa Resources Hires Award Winning Uranium Geologist Justin Rodko

Mr. Rodko is a Professional Geoscientist with nearly a decade of uranium exploration experience in Saskatchewan and Nunavut. Joining IsoEnergy shortly after the company’s inception, and quickly progressing to Senior Geologist, Justin played a key role in discovering and advancing the Hurricane deposit to its status as the world’s highest grade Indicated Mineral Resource in uranium. For these accomplishments Justin was awarded the AME 2022 Colin Spence Award for excellence in global mineral exploration alongside other current Cosa team members, Steve Blower, Andy Carmichael and Craig Parry. Mr. Rodko’s previous uranium experience includes working at Orano’s (formerly AREVA) Waterbury Cigar and Waterbury UEM projects as well as NexGen’s Arrow Deposit in the Athabasca Basin, and Orano’s Kiggavik project in Nunavut. Justin holds a BSc degree in Geology from the University of Regina.

Keith Bodnarchuk, President and CEO, commented: “We are excited to add Justin Rodko to the Cosa team. Justin […]

District Receives Approval of Mineral License Application that Encompasses the Majority of the Polymetallic Viken Deposit in Central Sweden

District Metals Corp. (TSXV: DMX) (FSE: DFPP) (‘District’ or the ‘Company’) is pleased to report that Bergslagen Metals AB (a 100% owned Swedish subsidiary of District) has received approval from the Bergsstaten (Mining Inspectorate) for the Viken nr 1 mineral license application that covers approximately 68% of the polymetallic Viken Deposit located in Jamtland County, central Sweden.

The Viken Deposit is the largest undeveloped Alum Shale vanadium-uranium-molybdenum-nickel-copper-zinc deposit in Sweden, and amongst the largest deposits by total historic mineral resources of vanadium and uranium in the world.

On March 7, 2023 the Company reported (see news release) that additional mineral license applications have been submitted to the Mining Inspectorate that cover areas to the south (Viken nr 2) and north (Viken nr 3) of the original Viken nr 1 mineral license. Approval of the Viken nr 2 and 3 mineral licenses will increase the area of the Viken Property from 2,302 […]

Skyharbour Resources (SYH.V) consolidates in range just like uranium

Skyharbour Resources (TSX-V: SYH) , a uranium exploration company with prime assets in the Athabasca Basin, is poised to capitalize on the anticipated resurgence in the uranium market. The company’s extensive portfolio of uranium exploration projects and strategic joint ventures with industry leaders make it a wise investment for those seeking to benefit from the rising demand for nuclear power. With eighteen projects covering over 460,000 hectares of mineral claims, Skyharbour is well-positioned to become a major player in the uranium mining industry. The Company announced last month that its partner company, Basin Uranium Corp., intersected significant uranium mineralization from the three-hole phase 2 drill program at its Mann Lake project.

Recently, partner Azincourt Energy (AAZ.V) announced it has completed the 2023 exploration program at the East Preston Uranium Project.

In my most recent technical piece on Skyharbour Resources , I outlined a plan to play a breakout retest. Let […]

Uranium Energy Corp. (UEC) Stock: A Study of the Market Performance

The stock of Uranium Energy Corp. (UEC) has seen a -1.06% decrease in the past week, with a -16.86% drop in the past month, and a -29.40% decrease in the past quarter. The volatility ratio for the week is 4.65%, and the volatility levels for the past 30 days are at 6.16% for UEC. The simple moving average for the past 20 days is -5.40% for UEC’s stock, with a -24.24% simple moving average for the past 200 days. Is It Worth Investing in Uranium Energy Corp. (AMEX: UEC) Right Now?

Uranium Energy Corp. (AMEX: UEC) has a higher price-to-earnings ratio of 46.83x compared to its average ratio. compared to its average ratio and a 36-month beta value of 2.00. Analysts have mixed views on the stock, with 6 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”

Top 5 EV Tech […]

Alligator Energy enhances board with appointment of resources sector veteran as director

Alligator Energy Ltd (ASX:AGE) has enhanced its board skillset with the appointment of resources sector veteran Fiona Nicholls to the Board of Directors.

Nicholls brings to the board 30 years of experience from the global resources industry, having worked across a range of business and leadeship functions for companies like Rio Tinto, Rössing Uranium and Energy Resources.

The appointment comes at an important time for the company as it is pursuing the near-term opportunity of developing the Samphire Uranium Project in South Australia.

Nicholls will replace Andrew Vigar, a founding director, who has tendered his resignation to focus on his executive commitments and she will assume the role as chair of the audit and risk management committee.Vigar has advised of his resignation as a director to focus on his current executive chairman role. The company thanks Vigar for his contributions to the board since its listing in 2011. Near-term sustainable development at […]

Cosa Resources Hires Award Winning Uranium Geologist Justin Rodko

(via TheNewswire) Vancouver, British Columbia –TheNewswire -April 13, 2023–Cosa Resources Corp.(CSE:COSA) (“Cosa Resources” or the “Company”) is pleased to announce the appointment of Justin Rodko as Corporate Development Manager and also announces the voting results from its annual general meeting.

Mr. Rodko is a Professional Geoscientist with nearly a decade of uranium exploration experience in Saskatchewan and Nunavut. Joining IsoEnergy shortly after the company’s inception, and quickly progressing to Senior Geologist, Justin played a key role in discovering and advancing the Hurricane deposit to its status as the world’s highest grade Indicated Mineral Resource in uranium.Forthese accomplishmentsJustin was awarded the AME 2022 Colin Spence Award for excellence in global mineral exploration alongside other current Cosa team members, Steve Blower, Andy Carmichael and Craig Parry.Mr. Rodko’s previous uranium experience includes working at Orano’s (formerly AREVA) Waterbury Cigar and Waterbury UEM projects as well as NexGen’s Arrow Deposit in the Athabasca Basin, […]

ValOre Files Technical Report for the Angilak Property, Nunavut Territory, Canada and Applies for Option and Warrant Repricing

VANCOUVER, British Columbia, April 12, 2023 (GLOBE NEWSWIRE) — ValOre Metals Corp. (“ValOre”; TSX โ€ V: VO; OTCQB: KVLQF; Frankfurt: KEQ0, “the Company”) today announced the filing a technical report, in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects ("NI 43-101"), for the Company’s Angilak Property (“Angilak”), titled "NI 43-101 Technical Report for the Angilak Property, Kivalliq Region, Nunavut, Canada" (the "Technical Report") and dated March 31, 2023 (with an effective date of March 1, 2023).

The Technical Report was prepared and compiled for ValOre Metals Corp. and Labrador Uranium by independent representatives of APEX Geoscience Ltd., Michael B. Dufresne, and Philo Schoeman, each of whom is a "qualified person" (within the meaning of NI 43-101). The Technical Report supersedes the prior technical report on the Project dated March 1, 2013, and was completed as a part of the March 14, 2023 Definitive Agreement to sell […]

Myriad Uranium Issues Stock Options

Vancouver, British Columbia–(Newsfile Corp. – April 11, 2023) – MYRIAD URANIUM CORP. (CSE: M) (OTCQB: MYRUF) (FSE: C3Q) (" Myriad " or the " Company ") announced today that it has issued an aggregate of 1,425,000 stock options to directors, officers and consultants of the Company. Each option is exercisable for one common share at an exercise price of $0.31 per share for five years from the date of grant.

The options were granted in conjunction with the adoption by the Company of an amended and restated stock option plan (the " ESOP ") under which the maximum number of common shares of the Company issuable is equal to 15% of the number of issued and outstanding common shares of the Company as of each "award date". A copy of the ESOP is available under the Company’s disclosure record on SEDAR ( www.sedar.com ).

Certain directors and officers of the Company […]

Ur-Energy Provides Q1 Update on Operations and Activities Supporting Ramp Up at Lost Creek

LITTLETON, CO / ACCESSWIRE / April 12, 2023 / Ur-Energy Inc. (NYSE American:URG)(TSX:URE) ("Ur-Energy" or the "Company") is pleased to provide an update on Q1 operations and activities related to ramp up at its Lost Creek In-Situ Recovery Project ("Lost Creek") and ongoing construction at its Casper, Wyoming Operations Headquarters.

The Company announced in December 2022 that we have secured sufficient long-term sales commitments to warrant ramp up of operations at Lost Creek to levels sufficient to deliver into those contracts. With sales commitments currently totaling 3.2 million pounds U3O8 through 2028 (600,000 pounds U3O8 per year beginning in 2024, +/- a small flex) we would like to detail recent and ongoing activities that will enable us to meet our production targets.

Significantly, recruitment of personnel has progressed to the point where all necessary operations staff are onboard to support required regulatory, safety, drilling, construction, wellfield, and plant activities. New hires […]

Why is no one talking about ASX uranium shares like Paladin Energy any more?

One year ago, in the aftermath of the Russian invasion of Ukraine, the world was in a panic about energy security.

Russia was a huge exporter of gas and oil, and many European nations were dependent on it to heat their homes over freezing winters.

As economic sanctions against Russia kicked in, those countries were forced to look elsewhere to meet their energy needs.

Oil and gas prices, accordingly, skyrocketed. Why was everyone so interested in uranium last year? But another consequence of this energy crisis was that it compelled many governments to seek alternate sources of fuel.One of those is nuclear power, which had gone out of fashion after the 2011 Fukushima disaster in Japan.All of a sudden, countries like Germany that had mothballed their fission power plants were interested in reviving them.Of course, that led to tremendous investor interest in uranium producers like Paladin Energy Ltd ( ASX: PDN ).The […]

CHARTS: Miningโ€™s top 50 companies top $1.4 trillion value amid M&A fever

At the end of Q1 2022, the MINING.COM TOP 50* ranking of the world’s biggest miners hit an all time record of a collective $1.75 trillion in value as everything from copper and gold to uranium and tin rallied hard.

But the rout was swift and by the end of June the TOP 50 had lost an astonishing $600 billion in combined value as China’s zero-covid lockdowns remained in place, interest rates were hiked to curb stubborn inflation and the Ukraine war roiled energy markets. Mining companies’ ratings have improved steadily since then, but at the end of Q1 this year the TOP 50 have only made up little over half the losses since the March 2022 peaks for a combined value of $1.43 trillion. That’s not far above levels seen end-March 2021 and up a relatively modest $49 billion since the end of last year. Copper charge

Primary copper […]

Paladin Energy: Gearing Up For Langer Heinrich Restart In 2024

Arnaud Bertrand/iStock via Getty Images Introduction

In 2017, I expected Paladin Energy ( OTCQX:PALAF ) to face very difficult times as the company was facing a liquidity crunch . Now, six years later, Paladin is getting ready to restart the production at its Langer Heinrich uranium mine in Namibia which was put on care and maintenance in 2018 due to the low uranium price. Paladin has cleaned up its weak balance sheet and was able to raise A$200M in an equity financing in 2022 although it estimated it only needed about A$116M in capex to get the mine up and running again. As we are now getting closer to the reopening of the Langer Heinrich mine, this could be a good moment to update my view on the company. Yahoo Finance Paladin Energy has its primary listing in Australia where it is listed with PDN as ticker symbol […]

Uranium Ore Global Market Report 2023

New York, April 11, 2023 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report "Uranium Ore Global Market Report 2023" – https://www.reportlinker.com/p06320380/?utm_source=GNW
Major players in the Uranium Ore market include Cameco, Rio Tinto Group, BHP Billiton Ltd., Paladin Energy, and Energy Resources of Australia.

The global uranium ore market will grow from $0.79 billion in 2022 to $0.82 billion in 2023 at a compound annual growth rate (CAGR) of 3.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The uranium ore market is expected to grow from $1 billion in 2027 at a CAGR of 5.0%.

The Uranium Ore market includes […]

Myriad Uranium Issues Stock Options

Vancouver, British Columbia–(Newsfile Corp. – April 11, 2023) – MYRIAD URANIUM CORP. M MYRUF (FSE: C3Q) (" Myriad " or the " Company ") announced today that it has issued an aggregate of 1,425,000 stock options to directors, officers and consultants of the Company. Each option is exercisable for one common share at an exercise price of $0.31 per share for five years from the date of grant.

The options were granted in conjunction with the adoption by the Company of an amended and restated stock option plan (the " ESOP ") under which the maximum number of common shares of the Company issuable is equal to 15% of the number of issued and outstanding common shares of the Company as of each "award date". A copy of the ESOP is available under the Company’s disclosure record on SEDAR ( www.sedar.com ).

Certain directors and officers of the Company received stock […]

Terra Uranium identifies geochemical halos at Parker Lake in Athabasca Basin, Canada

Loads of diamond drill rods being mobilised to the Parker property across a frozen Pasfield Lake. Terra Uranium Ltd (ASX:T92) has identified geochemical halos anomalous for uranium in a maiden exploration program focused on the discovery of major uranium deposits under cover at the 100% owned Pasfield and Parker projects in Canada’s Athabasca Basin.

Upon completion of the winter phase, the company has mobilised a drill rig for the upcoming diamond drill program, which will kick off in the spring.

At Parker Lake, Terra has completed geochemical analyses of reverse circulation (RC) holes showing anomalies of a combination of uranium, pathfinder element and clay results that are above local and regional backgrounds for the upper Athabasca Sandstones.

Looking ahead, these RC results, along with ground-based surveys, will be integrated with the advanced interpretation of the now completed airborne geophysics to generate the best target for deeper diamond drilling in the spring. Recent […]

ValOre Closes $2.9 Million First Tranche of Previously Announced $3.5 Million Private Placement

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Valore Metals Corp. ("ValOre"; TSX โ€ V: VO; OTCQB: KVLQF; Frankfurt: KEQ0, the "Company") today announced the closing of a first tranche, in the amount of $2.918 million for 14,590,000 Units, of the previously announced (See ValOre news on April 5, 2023) non-brokered private placement (the "Offering") of up to 17,500,000 (the "Units") at a price of CDN$0.20 per Unit for gross proceeds of up to CAD$3,500,000.

Each Unit consists of one common share in the capital of the Company (a "Share") and one-half of one non-transferable common share purchase warrant (each whole common share purchase warrant, a "Warrant"). Each whole Warrant is exercisable to acquire one Share at an exercise price of CDN$0.30 per Share for a period of 24 months from the date of issuance.

With the Closing of this tranche of […]

Uranium Major To Get US$300M Tax Refund

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( MENAFN – Investor Ideas) While this is a positive development in the Canadian producer’s longstanding tax dispute with the Canada Revenue Agency, the amount is only 39% of the total at issue, noted a Canaccord Genuity report.

Cameco Corp. (CCO:TSX; CCJ:NYSE) is to get a tax refund of about US$300 million (US$300M) from the Canada Revenue Agency (CRA), which is the partial resolution of an ongoing dispute that began in 2008, reported Canaccord Genuity analyst Katie Lachapelle in a March 27 research note.The analyst explained that the CRA revised certain tax assessments imposed on and remitted by the Canadian uranium producer for the years 2007 through 2013. This resulted in a credit owed to Cameco and the now-pending refund, to be issued in cash (US$89M) and letters of credit (US$211M). When it will happen is unknown. A Favorable Sign Lachapelle […]

Red Book sees modest decrease in uranium resources but expects nuclear capacity to increase

“Uranium 2022: Resources, Production and Demand”, widely known as the Red Book, is the 29th edition of the OECD Nuclear Energy Agency (NEA) and International Atomic Energy Agency’s biennial report. The 568-page report presents the most recent review of world uranium market fundamentals and offers a statistical profile of the uranium industry. It includes 54 country reports on uranium exploration, resources, production and reactor-related requirements, 36 of which were prepared from officially reported government data and narratives, and 18 that were prepared by the NEA and IAEA secretariats.

Overall, global uranium resources decreased "modestly" in the reporting period (January 2019 to January 2021) compared with slight increases in previous recent editions. This was mainly due to mining depletion and cost category re-assignments of resources in Kazakhstan and Canada. However, Australia continues to lead with 28% of the world’s identified recoverable resources. Global expenditures on domestic exploration and mine development decreased […]