Vancouver, BC –News Direct– MarketJar Pixabay Russia’s state-owned nuclear power conglomerate, Rosatom, is suspected of supplying the Russian arms industry with components, technology, and raw materials for missile fuel. The military supplies were delivered to more than a half-dozen major weapon manufacturers, assisting Moscow’s ongoing assault on Ukraine. 1

This has increased the possibility that the US, and perhaps the European Union, will impose sanctions on Rosatom, which exports uranium for use in nuclear reactors.

The US is heavily reliant on Russian nuclear fuel, but American companies have some options if Rosatom is faced with sanctions.

After the Cold War ended, US and Russian leaders agreed that Russia would dismantle some of its nuclear weapons, downgrade the uranium and send it to the US to be repurposed and used in civilian nuclear reactors in what was known as the megaton to megawatt program. Over the course of the 20-year program, which […]

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Vancouver, British Columbia, March 15, 2023 (GLOBE NEWSWIRE) — First American Uranium Inc. (CSE: URM) (FSE: IOR) ( OTCPK:FAUMF ) (the “Company”) is pleased to announce an updated Investor Presentation that covers the Company’s strategy for advancing its shareholder value as a North American uranium explorer in the growing uranium market. “The wave of global interest and investment in clean, nuclear energy is strengthening the positive outlook for uranium in both the near and long term,” said Shawn Balaghi, First American Uranium’s CEO. “We’re excited to be determining the potential of our uranium properties to become part of a secure, domestic supply chain, especially with uranium prices recently reaching their highest levels in over a decade.”

The Company’s Investor Presentation can be downloaded here: http://firstamericanuranium.com/wp-content/uploads/FAU-Corp-Presentation_comp_230310.pdf

The Investor Presentation includes timely information on the following:

Corporate Strategy: The Company is accelerating the exploration of its uranium project to take advantage of (a) […]

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FUELING THE FUTURE

CORPUS CHRISTI, Texas, March 15, 2023 /CNW/ – enCore Energy Corp. (" enCore " or the " Company ") (NYSE American: EU) (TSXV: EU) announced today that it has made a formal production decision for the resumption of uranium production from the Alta Mesa Processing Plant ("Alta Mesa" or "Plant) in early 2024. Alta Mesa will be enCore’s second producing location following resumption of uranium production at the South Texas Rosita Uranium Processing Plant ("Rosita") scheduled for 2023. enCore Energy Logo (CNW Group/enCore Energy Corp.) Work underway at the Alta Mesa Processing Plant includes the construction of equipment staging areas and drill pads in the fully permitted Production Authorization Area (PAA), planned for initial production due to its proximal location adjacent to the Plant. Development drilling, production and injection well installation will start this month. Concurrently, enCore’s technical staff are identifying equipment maintenance and limited repair […]

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The MarketWatch News Department was not involved in the creation of this content.

Mar 15, 2023 (The Expresswire) — The " Uranium Market " study describes how the technology industry is evolving and how major and emerging players in the industry are responding to long term opportunities and short-term challenges they face. One major attraction about Uranium Industry is its growth rate. Many major technology players are [GoviEx, American Uranium Corp. Inc, Jinduicheng Molybdenum, Energy Resources of Australia Ltd, JOGMEC, AREVA, U3O8 Corp, BHP Billiton, Sinohydro, Orano, CNNC, Sinosteel, Cameco, China National Nuclear Corp, Kazatomprom] have been looking into Uranium as a way to increase their market share and reach towards consumers.

What is the Uranium market growth?

Uranium Market Size is projected to Reach Multimillion USD by 2029, In comparison to 2023, at unexpected CAGR during the forecast Period 2023-2029. Browse Detailed TOC, Tables and Figures […]

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GTI’s newly acquired drill data has placed Lo Herma well on the road towards a maiden uranium resource. Pic via Getty Images. share

GTI has scored a coup with the securing of about $15m in historical drill data for its newly staked Lo Herma project in the uranium-rich Powder River Basin, Wyoming.

Importantly for the company, the drill logs for 1,445 holes – representing about seven times the number of holes it has drilled to date in the entire state – demonstrate sandstone hosted uranium mineralisation with economic potential and could allow for the definition of an Inferred Resource at the project, within the next few months, without further drilling.

Not only could this save GTI Energy (ASX:GTR) the time and money it would otherwise have been required to invest in the project to achieve this milestone, it also sets the stage for more advanced exploration.Adding more uranium pounds at […]

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

Bills introduced to US Congress suggest the banning of uranium imports from Russia is creeping ever closer.

-U3O8 spot market thin
-Term market nervous
-Bipartisan legislation introduced in the US Senate

The spot uranium market exhibited intermittent volatility last week, industry consultant TradeTech reports. The limited liquidity that has marked recent spot supply was evident as buyers entering the market early in the week were forced to pay higher prices, with the spot price rising US90c to US$51.40/lb by Tuesday.Once demand was satisfied, buying dried up, and sellers began offering lower prices. The net result was a US25c increase in TradeTech’s weekly spot price indicator to US$50.75/lb.In the term uranium market, uncertainty remains around geopolitical and jurisdictional risks as the US and other countries take action to institute additional sanctions against Russia. Utilities are moving forward to hedge against any potential disruption in nuclear fuel supplies from Russia.To that […]

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

Disclaimer: We adhere to strict standards of editorial integrity to help you make decisions with confidence. All links marked with an asterisk ( * ) are paid links.

Nuclear power has its pros and cons. Right now, the U.S. is embracing its advantages.

Earlier this week, Georgia Power announced that its Vogtle Unit 3 reactor has safely reached ‘initial criticality.’ Don’t miss

Biden’s one-size-fits-all plan to protect renters comes ‘at the expense’ of mom-and-pop landlords — what to do if you still want to slice up a piece of the real estate pie You could be the landlord of Walmart, Whole Foods and CVS with First National Realty Partners (and collect fat grocery store-anchored income on a quarterly basis) * Rich young Americans have lost confidence in the stock market — and are betting on these 3 assets instead . Get in now for strong long-term tailwinds “A reactor […]

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Cell Therapy Has Shown Near Miraculous Remission Rates In Cancer Patients, But The Growing Industry Relies On This Company – A Uniquely Positioned Ticker In The Weeds?

Cryoport Inc.

provides the life sciences industry with comprehensive supply chain solutions to support vital therapeutics. By offering a platform of end-to-end, fast and technologically advanced packaging and logistics services, Cryoport has filled a key need supporting cell and gene therapies.

In the biotech industry, the cell and gene therapy (CGT) market in particular has seen significant growth and has ample room to expand further given longer life expectancies and increasing demand for personalized medicine. Currently worth $18.61 billion, it has been forecasted by Precedence Research to grow at a compound annual growth rate (CAGR) of 22.41% to over $93 billion by 2030. This is in response to massive investment and innovation in the market that has seen 20 Food and Drug Administration […]

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

GTI’s newly acquired drill data has placed Lo Herma well on the road towards a maiden uranium resource. Pic via Getty Images. share

GTI has scored a coup with the securing of about $15m in historical drill data for its newly staked Lo Herma project in the uranium-rich Powder River Basin, Wyoming.

Importantly for the company, the drill logs for 1,445 holes – representing about seven times the number of holes it has drilled to date in the entire state – demonstrate sandstone hosted uranium mineralisation with economic potential and could allow for the definition of an Inferred Resource at the project, within the next few months, without further drilling.

Not only could this save GTI Energy (ASX:GTR) the time and money it would otherwise have been required to invest in the project to achieve this milestone, it also sets the stage for more advanced exploration.Adding more uranium pounds at […]

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

Alligator Energy Ltd (ASX:AGE) has confirmed the potential for a ‘globally competitive’ low-cost in-situ recovery (ISR) uranium operation in a scoping study for the Blackbush deposit within the Samphire Project, south of Whyalla in South Australia.

The study supports a production estimate of 1 million pounds per annum of uranium, with a life-of-mine production target of 10 million pounds over 12 years solely from the Blackbush deposit alone.

It also put forward a low initial capital expenditure forecast of A$129.3 million, including a significant combined contingency and cost escalation allowance of 40%.

Notably, the Samphire Project economics was assisted by proximity to key infrastructure, a local workforce, low reagent consumption, a shallow uranium deposit and good permeability of the host sands.Furthermore, a low environmental footprint, focus on minimal disturbance and continuous rehabilitation, and no long-term impact on saline groundwater demonstrate the potential for a low carbon intensity project. Increasing uranium demand Alligator […]

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TORONTO, March 13, 2023 (GLOBE NEWSWIRE) — Labrador Uranium Inc. (“ Labrador Uranium ”, “ LUR ” or the “ Company ”) (CSE: LUR, OTCQB: LURAF, FRA: EI1) is pleased to announce that today it entered into an arm’s length definitive agreement (the “ Arrangement Agreement ”) with ValOre Metals Corp. ( “ValOre ”) pursuant to which LUR will acquire ValOre’s Angilak Property located in Nunavut Territory, Canada (the “ Angilak Property ”), all by way of a court-approved plan of arrangement (the “ Arrangement ”). LUR is also pleased to announce that Mr. John Jentz is expected to join LUR as Chief Executive Officer and Director of the Company, and that two additional Directors appointed by ValOre, including Jim Paterson, ValOre’s Chairman and Chief Executive Officer, will be nominated for election to the Board of Directors at the Company’s next annual general meeting.

Transaction Highlights:

Adds a […]

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Bills introduced to US Congress suggest the banning of uranium imports from Russia is creeping ever closer.

-U3O8 spot market thin
-Term market nervous
-Bipartisan legislation introduced in the US Senate

The spot uranium market exhibited intermittent volatility last week, industry consultant TradeTech reports. The limited liquidity that has marked recent spot supply was evident as buyers entering the market early in the week were forced to pay higher prices, with the spot price rising US90c to US$51.40/lb by Tuesday.Once demand was satisfied, buying dried up, and sellers began offering lower prices. The net result was a US25c increase in TradeTech’s weekly spot price indicator to US$50.75/lb.In the term uranium market, uncertainty remains around geopolitical and jurisdictional risks as the US and other countries take action to institute additional sanctions against Russia. Utilities are moving forward to hedge against any potential disruption in nuclear fuel supplies from Russia.To that […]

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

Source: Shutterstock Just because a business does not make any money, does not mean that the stock will go down. For example, F3 Uranium ( CVE:FUU ) shareholders have done very well over the last year, with the share price soaring by 103%. But while the successes are well known, investors should not ignore the very many unprofitable companies that simply burn through all their cash and collapse.

In light of its strong share price run, we think now is a good time to investigate how risky F3 Uranium’s cash burn is. For the purpose of this article, we’ll define cash burn as the amount of cash the company is spending each year to fund its growth (also called its negative free cash flow). We’ll start by comparing its cash burn with its cash reserves in order to calculate its cash runway.

See our latest analysis for F3 Uranium How […]

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(Expressed in thousands of U.S. dollars, except per share and per pound amounts)

The following management’s discussion and analysis of the Company’s financial condition and results of operations (the "MD&A") contain forward-looking statements that involve risks, uncertainties and assumptions including, among others, statements regarding our capital needs, business plans and expectations. In evaluating these statements you should consider various factors, including the risks, uncertainties and assumptions set forth in reports and other documents we have filed with or furnished to the SEC and, including, without limitation, this Form 10-Q Quarterly Report for the six months ended January 31, 2023, and our Form 10-K Annual Report for the fiscal year ended July 31, 2022, including the consolidated financial statements and related notes contained therein. These factors, or any one of them, may cause our actual results or actions in the future to differ materially from any forward-looking statement made in […]

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In the past week, UEC stock has gone down by -14.17%, with a monthly decline of -15.30% and a quarterly plunge of -4.46%. The volatility ratio for the week is 4.86%, and the volatility levels for the last 30 days are 4.36% for Uranium Energy Corp. The simple moving average for the last 20 days is -13.28% for UEC stock, with a simple moving average of -15.24% for the last 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 291.82x compared to its average ratio. compared to its average ratio and a 36-month beta value of 2.05.

Do You Know The Best Place To Find Gains In Volatile Markets?

In today’s chaotic marketplace, the biggest gains will come from some currently-small companies that pass by older, larger businesses still stuck in a pre-pandemic […]

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Price T. Rowe Associates INC, MD, reduced its holdings in Cameco INC (NYSE: CCJ) (TSE: CCO) during the third quarter by 18.7%, as stated in the most recent Form 13F filing that the company made with the Securities and Exchange Commission. Following the sale of 2,719,267 shares during the quarter, the corporation now holds 11,826,801 shares of stock in the basic materials trading company.

Price T. Rowe Associates INC (M.D.) owned 2.73% of Cameco’s stock at the end of the most recent quarter.

The value of the entire stake held by Price T. Rowe Associates INC (M.D.) was $313,529,000.

The comments and suggestions made by a variety of brokerage firms have been taken into consideration by CCJ. One day after the upgrade, T.D. Securities issued a research note recommending investors “buy” shares of CameCo The note was published on February 10th.The price objective that Scotiabank has placed on Cameco shares has been […]

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Statista We need nuclear energy now and we will need it in the future. – Conor Lamb. The VanEck Vectors Uranium+Nuclear Energy ETF (NYSEARCA: NLR ) focuses on 24 global stocks that derive at least 50% of their revenue from the nuclear energy industry. The stocks under consideration are also required to meet one of the following criteria-

> Exposure to uranium mining or uranium mining projects

Exposure to the development and maintenance of nuclear reactors or associated power facilities

Expertise in electricity generation via nuclear power Provision of equipment, tech, and services to the nuclear power industry. Investors should also be aware of the fact that since its inception, over 15 years ago, NLR has turned out to be a source of wealth destruction, while also grossly underperforming the broader markets. YCharts I recognize the image above may fill a few investors with different degrees of trepidation, but […]

Click here to view original web page at seekingalpha.com

Cameco (NYSE: CCJ) is the second-largest uranium producer globally. The company mines uranium at its Saskatchewan, Canada-based Key Lake and Cigar Lake mines. It sells it primarily to utility companies that operate nuclear power plants.

Because uranium has been in a bear market since 2007, investors have had little reason to pay attention to Cameco and other uranium stocks for the past 15 or so years. However, some new trends in the energy markets are building the potential for a new bull run in uranium.

Uranium spot prices have been on the rise over the last few years. The current supply/demand backdrop and the changing public sentiment on nuclear energy make a new bull market in uranium a distinct possibility. Public Opinion on Nuclear Energy Turning

As fossil fuel’s economic and environmental costs reach a fever pitch, the world is aggressively searching for alternative energy sources. And while renewables like solar […]

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Performance as of February 28, 2023 Asset 1 MO* 3 MO* YTD* 1 YR 3 YR 5 YR U3O8 Uranium Spot Price 1 0.20% 2.87% 5.25% 4.96% 26.87% 18.79% Uranium Mining Equities (Northshore Global Uranium Mining Index) 2 -7.96% 0.50% 5.63% -9.24% 50.55% 19.33% Uranium Junior Mining Equities (Nasdaq Sprott Junior Uranium Miners Index TR) 3 -12.87% -7.17% 1.13% -20.96% 59.62% N/A Commodities (BCOM Index) 4 -5.05% -8.53% 1.13% -7.33% 14.35% 3.79% U.S. Equities (S&P 500 TR Index) 5 -2.44% -2.28% 1.13% -7.69% 12.14% 9.82% U.S. Bonds (Bloomberg Barclays US Agg Total Return Value Unhedged USD Index) 6 -2.59% -0.04% 1.13% -9.72% -3.77% 0.53% Sources: Bloomberg and Sprott Asset Management LP. Data as of January 31, 2023.
*Performance for periods under one year not annualized.

Spot Uranium’s Relative Resilience in February

Although February saw a reversal of January’s positive market performance, spot uranium posted a slight gain of 0.20%. […]

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Cameco (NYSE: CCJ) is the second-largest uranium producer globally. The company mines uranium at its Saskatchewan, Canada-based Key Lake and Cigar Lake mines. It sells it primarily to utility companies that operate nuclear power plants.

Because uranium has been in a bear market since 2007, investors have had little reason to pay attention to Cameco and other uranium stocks for the past 15 or so years. However, some new trends in the energy markets are building the potential for a new bull run in uranium.

Uranium spot prices have been on the rise over the last few years. The current supply/demand backdrop and the changing public sentiment on nuclear energy make a new bull market in uranium a distinct possibility. Public Opinion on Nuclear Energy Turning

As fossil fuel’s economic and environmental costs reach a fever pitch, the world is aggressively searching for alternative energy sources. And while renewables like solar […]

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

Rössing Uranium open pit mine is located 12km from the town of Arandis, 70km from Swakopmund. Source: Rossing. Namibia’s oldest commercial uranium mine is to construct a solar plant as it looks to reduce its carbon footprint and offset electricity challenges faced by neighbours from which it traditionally purchased power.

Rössing Uranium announced plans to construct a 15MW AC Solar PV Plant and called for bids from independent power producers to supply it with 50,864 MWh per annum from any renewable energy source.

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The mine began production in 1976.Namibia’s Ministry of Environment, Forestry, and Tourism issued it with an Environmental Clearance Certificate, after an Environmental Impact Analysis (EIA) had been successfully completed, the company said.Rössing Uranium said its decision to move to renewable energy sources was also due to import-dependent Namibia being under pressure to increase its energy production. Have you read? […]

Click here to view original web page at www.esi-africa.com

There are two massive concerns for investors and the world in general this year: energy and recession.

While energy prices rocketed last year after the Russian invasion of Ukraine, that supply-demand imbalance is expected to continue in 2023.

“We think the outlook for energy stocks is attractive because there’s just not a lot of supply coming in,” Schroders portfolio manager Ray David told The Motley Fool earlier this year.

“No one really wants to invest in fossil fuels or LNG or gas without the high prices to justify the returns, because everyone’s quite worried about renewables and the ESG factors.”As for a recession, this will be a reality in some parts of the world, even if Australia does not quite hit the definition.Regardless, consumers and businesses will be suffering alike after ten months of steep interest rate rises. ‘We would be buying into dips’ Gold is a commodity often spruiked as a […]

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Source: Shutterstock 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 the harsh reality is that very many loss making companies burn through all their cash and go bankrupt.

Given this risk, we thought we’d take a look at whether Fission Uranium ( TSE:FCU ) shareholders should be worried about its cash burn. In this article, we define cash burn as its annual (negative) free cash flow, which is the amount of money a company spends each year to fund its growth. We’ll start by comparing its cash burn with its cash reserves in order to calculate its cash runway.

View our latest analysis for Fission Uranium When Might Fission Uranium Run Out Of Money?

You […]

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There are two massive concerns for investors and the world in general this year: energy and recession.

While energy prices rocketed last year after the Russian invasion of Ukraine, that supply-demand imbalance is expected to continue in 2023.

“We think the outlook for energy stocks is attractive because thereâs just not a lot of supply coming in,” Schroders portfolio manager Ray David told The Motley Fool earlier this year.

“No one really wants to invest in fossil fuels or LNG or gas without the high prices to justify the returns, because everyoneâs quite worried about renewables and the ESG factors.”As for a recession, this will be a reality in some parts of the world, even if Australia does not quite hit the definition.Regardless, consumers and businesses will be suffering alike after ten months of steep interest rate rises. ‘We would be buying into dips’ Gold is a commodity often spruiked as a […]

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

Skyharbour Resources Ltd Vancouver, BC, March 07, 2023 (GLOBE NEWSWIRE) — Skyharbour Resources Ltd. ’s ( TSX-V: SYH ) ( OTCQ X : SYHBF ) (Frankfurt: SC1P ) (the “Company”) partner company, Basin Uranium Corp. (“Basin Uranium”) is pleased to announce the intersection of significant mineralization from the three-hole Phase 2 drill program at its Mann Lake project located 25 km southwest of the McArthur River Mine and 15 km to the northeast along strike of Cameco’s Millennium uranium deposit. A total of 6,279 metres of diamond drilling was completed on the Mann Lake property during the 2022 season.

Mann Lake Uranium Project :
https://www.skyharbourltd.com/_resources/maps/SKY_MannLake_20211129.jpg

Highlights : Drilling continued to intersect notable pathfinder elements (B, Co, Cu, Ni, and Pb) which provides for vectoring towards uranium mineralization as it is typically associated with Athabasca Basin unconformity-style mineralization.
Hole MN22-0007 intersected the unconformity at 671.8 metres […]

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