PALM BEACH, Fla., Feb. 8, 2023 /PRNewswire/ — Those who follow the uranium market prices see higher highs in the coming year. Uranium prices, alongside many other commodities, are starting the new year strong. The big question is whether momentum can continue. When we talk about metals, there are other things such as inflation, the Federal Reserve, recession fears etc that we need to worry about. Uranium on the other hand, actually has many strong fundamental reasons for heading higher A recent article on the Equity.Guru website reported: "Sprott Asset Management CEO John Ciampaglia stated in November 2022 that nearly 180 million pounds of uranium per year is required to fuel the current global fleet of reactors . The current primary output is over 130 million pounds and is expected to rise to between 140 million and 145 million pounds by next year . Uranium rose 41% in 2021. […]

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Press Release

[91+ Pages Latest Report with Detailed Analysis] The key market players listed in the report with their sales, revenues and strategies are Kazatomprom, Orano, Cameco, Uranium One, CNNC, CGN, Navoi Mining, BHP Billiton, ARMZ Uranium Holding, General Atomics/Quasar, Sopamin, Rio Tinto, VostGok and others. The Rising demand for Chemical & Material Industry will drive the Uranium Mine segment growth over the next five years.

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

Feb 07, 2023 (The Expresswire) — " Uranium Mine Market " Size, Share and Trends Analysis Report 2023 – By Applications (Nuclear Power Generation, Military Weapons, Other), By Types (In Situ Leach Mining (ISL), Open-pit Mining, Underground Mining, By-product), By Segmentation analysis, Regions and Forecast to 2028. The Global Uranium Mine market Report provides In-depth analysis on the market status of the Uranium Mine Top manufacturers with best […]

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Classified in: Environment

MarketVector Indexestm ("MarketVector") announces the licensing of the MarketVectortm Global Uranium and Nuclear Energy Infrastructure Index (ticker: MVNUCL) to underlie the VanEck Uranium and Nuclear Technologies UCITS ETF.

The index includes companies that generate at least 50% of their revenue from uranium which consists of uranium mining or mining projects; or nuclear energy infrastructure, including projects related to the development and commercialization of nuclear fusion technology or molten salt nuclear reactor research. It may also include construction, engineering and maintenance of nuclear power facilities and nuclear reactors, equipment and technology; or services to the nuclear power industry. This index also comprises exchange-listed funds that track the spot price of uranium and investments in physical uranium.

"Current global developments have a massive impact on energy markets," said Thomas Kettner, COO at MarketVector. "Global warming, as a result of burning fossil fuels, and the war in Ukraine, have forced countries […]

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FRANKFURT, Germany–( BUSINESS WIRE )–MarketVector Indexes™ (“MarketVector”) announces the licensing of the MarketVector™ Global Uranium and Nuclear Energy Infrastructure Index (ticker: MVNUCL) to underlie the VanEck Uranium and Nuclear Technologies UCITS ETF.

The index includes companies that generate at least 50% of their revenue from uranium which consists of uranium mining or mining projects; or nuclear energy infrastructure, including projects related to the development and commercialization of nuclear fusion technology or molten salt nuclear reactor research. It may also include construction, engineering and maintenance of nuclear power facilities and nuclear reactors, equipment and technology; or services to the nuclear power industry. This index also comprises exchange-listed funds that track the spot price of uranium and investments in physical uranium.

“Current global developments have a massive impact on energy markets,” said Thomas Kettner, COO at MarketVector. “Global warming, as a result of burning fossil fuels, and the war in Ukraine, have forced […]

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The Athabasca Basin region has produced more than 20 per cent of the world’s primary uranium supply. Credit: File Perth-based explorer of critical minerals Valor Resources has narrowed its priority drill targets at the company’s Cluff Lake uranium project in Canada’s world-class Athabasca Basin down from seven to four, following a comprehensive review of all available data.

The data includes an interpretation of new airborne gravity gradiometry and magnetic data, re-processing of historical airborne electromagnetic, or “EM” data and initial field work.

The field work includes some sampling of historical trenches and outcrop, with 20 samples collected in total. Valor says most notable were those collected from Cluff Lake’s Moose Lake prospect, which returned an anomalous rare earths grading up to 9.15 per cent total rare earth oxides. Two Moose Lake targets are now prioritised for drill testing. The recent site visit has highlighted at least two of these targets as […]

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The licensing of the thematic index provides investors with access and exposure to the global uranium and nuclear energy infrastructure sector

MarketVector Indexes ("MarketVector") announces the licensing of the MarketVector Global Uranium and Nuclear Energy Infrastructure Index (ticker: MVNUCL) to underlie the VanEck Uranium and Nuclear Technologies UCITS ETF.

The index includes companies that generate at least 50% of their revenue from uranium which consists of uranium mining or mining projects; or nuclear energy infrastructure, including projects related to the development and commercialization of nuclear fusion technology or molten salt nuclear reactor research. It may also include construction, engineering and maintenance of nuclear power facilities and nuclear reactors, equipment and technology; or services to the nuclear power industry. This index also comprises exchange-listed funds that track the spot price of uranium and investments in physical uranium.

"Current global developments have a massive impact on energy markets," said Thomas Kettner, COO at […]

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DESIGNATED NEWS RELEASE

VANCOUVER, BC, Feb. 7, 2023 /PRNewswire/ – Uranium Royalty Corp. (NASDAQ: UROY ) (TSXV: URC) (" URC " or the " Company ") is pleased to announce the completion of its previously announced acquisition from Anfield Energy Inc. (" Anfield ") of a portfolio of royalties on U.S. projects consisting of: U.S. Conventional Mining Royalty Portfolio: a 2% net smelter return royalty on portions of the San Rafael Project, located in Utah, USA and operated by Western Uranium & Vanadium Corp.;

a 2 – 4% sliding scale gross value royalty on portions of the Whirlwind Project, located in Colorado and Utah, USA and operated by Energy Fuels Inc. (" Energy Fuels "); and

a 1% gross value royalty (applicable to uranium and vanadium sales) on portions of the Energy Queen Project, located in Utah, USA and operated by Energy Fuels.U.S. In-Situ Recovery […]

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U.S. Conventional Mining Royalty Portfolio: a 2% net smelter return royalty on portions of the San Rafael Project, located in Utah, USA and operated by Western Uranium & Vanadium Corp.;

a 2 – 4% sliding scale gross value royalty on portions of the Whirlwind Project, located in Colorado and Utah, USA and operated by Energy Fuels Inc. (" Energy Fuels "); and

a 1% gross value royalty (applicable to uranium and vanadium sales) on portions of the Energy Queen Project, located in Utah, USA and operated by Energy Fuels.

U.S. In-Situ Recovery (ISR) Royalty: a 2 – 4% sliding scale royalty on portions of the Dewey Burdock Project located in South Dakota, USA and operated by enCore Energy Corp. Cash consideration of US$1.5 million was paid by the Company at closing. Physical Uranium Holdings The Company further announces that it has made additional uranium concentrate purchase commitments totaling […]

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Palm Beach, FL – February 7, 2023 – financialnewsmedia.com News Commentary – In the last 60 years uranium has become one of the world’s most important energy minerals. It is mined and concentrated similarly to many other metals. While uranium is used almost entirely for making electricity, a small proportion is used for the important task of producing medical isotopes. Some is also used in marine propulsion, especially naval. Uranium is a naturally occurring element with an average concentration of 2.8 parts per million in the Earth’s crust. Traces of it occur almost everywhere. It is more abundant than gold, silver or mercury, about the same as tin and slightly less abundant than cobalt, lead or molybdenum. Vast amounts of uranium also occur in the world’s oceans, but in very low concentrations. A […]

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FinancialNewsMedia.com News Commentary

PALM BEACH, Fla., Feb. 7, 2023 /PRNewswire/ — In the last 60 years uranium has become one of the world’s most important energy minerals. It is mined and concentrated similarly to many other metals. While uranium is used almost entirely for making electricity, a small proportion is used for the important task of producing medical isotopes. Some is also used in marine propulsion, especially naval. Uranium is a naturally occurring element with an average concentration of 2.8 parts per million in the Earth’s crust. Traces of it occur almost everywhere. It is more abundant than gold, silver or mercury, about the same as tin and slightly less abundant than cobalt, lead or molybdenum. Vast amounts of uranium also occur in the world’s oceans, but in very low concentrations. A report from Market Reports World projected that the global Uranium market size was valued at USD 2736.31 […]

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Press Release

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

Vancouver, British Columbia, Feb 07, 2023 (Newsfile Corp via COMTEX) — Vancouver, British Columbia–(Newsfile Corp. – February 7, 2023) – ALX Resources Corp. (TSXV: AL) (FSE: 6LLN) (OTC: ALXEF) ("ALX" or the "Company") is pleased to provide an update on its recent lithium exploration activities in the James Bay Region of the Province of Quebec, Canada.

On January 31, 2023, the Company received a report from its geological contractor, Dahrouge Geological Consulting of Montreal, QC, on the results of a reconnaissance prospecting program completed in October 2022 at the Hydra Lithium Project ("Hydra", or the "Project"). Also in late January 2023, ALX staked a new sub-project known as the Python Project ("Python"). Python covers a historically sampled, lithium-bearing pegmatite showing located within a prospective geological trend of mafic gneiss, interpreted to be volcanic rocks […]

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According to the most recent 13F filing that Moors & Cabot INC submitted to the Securities and Exchange Commission, the company increased its holdings in Cameco Co (NYSE: CCJ) (TSE: CCO) during the third quarter of this year. Following the acquisition of an additional 3,850 shares during the period under review, the total number of shares held by the fund in the company involved in the trade of fundamental materials has now reached 15,226.

The most recent disclosure that Moors & Cabot INC made to the Securities and Exchange Commission indicated that the value of the company’s stake in Cameco was $404,000.

This information was provided to the SEC by Moors & Cabot, INC

Several institutional investors and other hedge funds recently altered the proportion of the company’s stock they owned in response to recent market events. FNY Investment Advisers LLC purchased about $31,000 worth of Cameco stock during the third quarter […]

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A renewed risk-on mood in financial markets in 2023 has rekindled speculation in the uranium spot market.

-U3O8 spot activity fired up again last week
-SPUT the main buyer
-EU/US looking at sanctions on Russian uranium exports

The desire shown by many countries to reduce carbon emissions and secure energy independence have re-instilled an optimism within the global nuclear industry that has not been witnessed in decades, industry consultant TradeTech notes, and has generated renewed interest from the financial community in the sector.A total of over 1.2mlbs U3O8 changed hands last week in eight transactions, as activity surged in the spot uranium market. TradeTech’s weekly spot price indicator is up US$0.50 at US$51.00/lb.The Sprott Physical Uranium Trust raised approximately US$81.2m and purchased over 977,000lbs U3O8 in January. SPUT currently holds nearly 60mlbs U3O8 in inventory, TradeTech reports, and its trading price has returned to a slight premium to net […]

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Amongst those who believe an energy transition is occurring — in that we are transitioning away from fossil fuels and to something else, potentially a carbon-free solution — nuclear remains extremely intriguing. And for the most part, nuclear is expected to come from nuclear power plants, which in turn rely on uranium as their source of fuel. Moreover, power plants tend to exhibit inelastic price demand for uranium; this fact, coupled with the fact that the uranium market is small was in a bear market for most of the 2010s leads many to be extremely bullish on uranium.

In this article, we’ll a take look at some of the most prominent uraniums stocks for US investors to see which, if any, would be worthy of investment. Looking for Profit? Try NXE

The Net Income of both CCJ and UEC has been decreasing steadily; for CCJ, the decline started in 2018, […]

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Classified in: Mining industry
Subject: NEW PRODUCTS/SERVICES

SASKATOON, Saskatchewan, Feb. 06, 2023 (GLOBE NEWSWIRE) — Abasca Resources Inc. (" Abasca " or the " Company ") (TSX-V: ABA) is pleased to announce the start of a 5,000 metre drilling program comprising 14 drillholes on its 100%-owned, 23,977-hectare Key Lake South Uranium Project. The Government of Saskatchewan had granted Abasca exploration permits for this program in December 2022, and the Company has since completed construction of a temporary work camp during January 2023.

Dawn Zhou, President and CEO, stated: "Abasca is very excited to carry out winter drilling at two of the more than ten target areas of the Key Lake South Uranium Project, namely Mustang and Seager North, which were further defined in 2022 based on previous exploration data. We are hopeful that the planned drillholes will be a milestone in the Company’s mineral discovery journey."
For more information and […]

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Sign in the Lisbon Valley of southeastern Utah. Jonathan P. Thompson photo. Click the link to read the article on the ProPublica website , by Mark Olalde, Mollie Simon and Alex Mierjeski, video by Gerardo del Valle, Liz Moughon and Mauricio Rodríguez Pons

ProPublica is a Pulitzer Prize-winning investigative newsroom. Sign up for The Big Story newsletter to receive stories like this one in your inbox . In America’s rush to build the nuclear arsenal that won the Cold War, safety was sacrificed for speed. Uranium mills that helped fuel the weapons also dumped radioactive and toxic waste into rivers like the Cheyenne in South Dakota and the Animas in Colorado . Thousands of sheep turned blue and died after foraging on land tainted by processing sites in North Dakota. And cancer wards across the West swelled with sick uranium workers. The U.S. government bankrolled the industry, and mining […]

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S&P/ASX 300 Index (ASX: XKO) uranium share Deep Yellow Ltd ( ASX: DYL ) is charging higher today.

Shares in the uranium miner were up 7.8% in earlier trade today and remain up 5.5% at the time of writing.

Hereâs whatâs driving investor interest in the ASX 300 uranium share. What did Deep Yellow report?

The Deep Yellow share price is soaring after the miner reported that its âhighly positiveâ Definitive Feasibility Study (DFS) at its Tumas uranium project in Namibia has been completed.Deep Yellow noted that the DFS, compared to the earlier Pre-Feasibility Study (PFS), resulted in increased production capacity of its plant from 3 Mlbpa of uranium (U3O8) to 3.6 Mlbpa U3O8, a 20% increase. The plantâs throughput also increased by 11% from the PFS, to 4.15Mtpa from the prior 3.75Mtpa.Atop uranium, the DFS indicated annual production capacity of 1.15 Mlb V2O5, a vanadium by-product.Based on existing ore […]

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The 7 Most Promising Penny Stocks to Buy in February

Before discussing the most promising penny stocks to buy, it’s important to broadcast a fundamental disclaimer: this sector is wildly risky. As an investor, you want to make sure the bulk of your money goes toward higher-probability names. And prior to that, your finances should address core needs first before engaging the capital markets. Once checking off these items, I suppose you can throw some loose change toward speculative ventures.

Still, even with the best precautions, the most promising penny stocks to buy present incredible dangers to your portfolio. Therefore, to formulate this list, I focused on securities priced no higher than $5 that trade in major exchanges. In addition, all of these ideas feature at least a consensus moderate buy rating from Wall Street analysts.

To be sure, approval from smart folks doesn’t guarantee a thing. Nevertheless, if you have your […]

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Investor News Writer February 1, 2023 No Comments Uranium prices continue to drift higher as demand grows and supply remains both constrained and at risk of disruption by Russia and Russian controlled entities. In the past month, uranium prices are up ~4% and they are up 15.72% over the past year. At the current price low cost uranium producers are starting to do quite well.

Uranium prices continue to march higher the past 3 years, currently at US$50.80 Ur-Energy Inc.

Ur-Energy Inc. (NYSE American: URG | TSX: URE) is a leading low cost U.S. uranium producer from their Lost Creek uranium mine & facility in south-central Wyoming, USA. They also own the Shirley Basin, Last Soldier, and Lucky Mc Mine uranium projects in the USA. Shirley Basin is ready to go subject to market demand for more uranium – Meaning it has its permits and authorizations to begin […]

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Vancouver, British Columbia–(Newsfile Corp. – February 1, 2023) – GoviEx Uranium Inc. (TSXV: GXU) (OTCQX: GVXXF) ("GoviEx" or "Company") today provides a letter to stakeholders from the Executive Chairman, Govind Friedland and the Chief Executive Officer, Daniel Major.

To Our Fellow Stakeholders,

2022 was an incredibly busy year that saw us move closer to our goal of becoming a uranium producer. We would like to reflect on those achievements and to thank you, our stakeholders, for your support over the last 12 months.

Climate change issues are intensifying and there is growing recognition that nuclear energy remains a key part of the solution to achieve net zero. The uranium industry follows this momentum, however increased demand is not met due to a lack of new entrants in the industry, harder permitting environments, the depletion of secondary supply, geo-political tensions and a demand for security of supply and diversification from off-takers. This puts […]

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On Thursday, February 9, before the opening of the stock market, Cameco (TSE: CCO) (NYSE: CCJ) will release the quarterly financial results that it has been working on.

Mhe majority opinion of specialists in the relevant field is that the corporation will report quarterly profits of $0.11 per share.

David Fehr Doerksen, a senior officer at Cameco, sold 17,319 of the company’s stock shares on December 28.

Mhis new development is mentioned in the associated news. When the stock was bought and sold at an average price of C$30.79, the total value of the transaction was calculated to be C$533,252.01 in Canadian dollars. Following the successful transaction, the insider now directly owns 14,337 company shares with a combined value of approximately $441,436.23. On Thursday, the price of a share of CCO stock was set at 38.11 Canadian dollars when trading began.Mhe moving average of the company’s stock price over the past 200 […]

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” or the “Company”) is pleased to announce the appointment of Andy Carmichael as Vice President of Exploration, effective immediately.

Andy Carmichael is a Professional Geoscientist with 19+ years in mineral exploration, of which 17+ have focused on exploring for uranium deposits in the Athabasca Basin, Hornby Bay Basin, Colorado Plateau, and Namibia. Most recently Andy served as Vice President of Exploration at IsoEnergy Ltd. (TSXV: ISO) where he was also a member of the team that discovered the Hurricane deposit, currently the world’s highest-grade Indicated Mineral Resource for uranium. Previously, Andy worked at the Triple R, Phoenix, Gryphon, and J-Zone deposits. Together with Craig Parry, Steve Blower, and Justin Rodko, Andy was awarded the AME 2022 Colin Spence Award for excellence in global mineral exploration for the discovery of Hurricane. Andy is a P.Geo and holds a B.Sc. with Honours in Geology from Saint Mary’s University in Halifax, Nova […]

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Before the market’s opening on Thursday, February 9, Cameco (NYSE: CCJ) (TSE: CCO) will release the results of its most recent quarterly financial report.

According to analysts following the company’s stock price, Cameco is expected to generate earnings of $0.09 per share in the fourth quarter of this year.

By following the link provided, investors will have the opportunity to participate in the conference call that the company is holding.

Recent events have resulted in several changes being implemented by hedge funds regarding the interests they previously held in the company. 1832 Asset Management L.P.Increased the amount of Cameco stock owned by 61.9% over the year’s first three months. 1832 Asset Management L.P. now holds a total of 1,700 stock held by the basic materials company following the acquisition of an additional 650 shares during the most recent quarter.Based on the stock’s current price, 1832 Asset Management L.P. has spent $49,000.During the […]

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Press Release

Uranium Market 2023 Global Industry Market research report provides key analysis of the market status of the Uranium manufacturers with market size, growth, share, trends as well as industry cost structure.

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

Feb 03, 2023 (The Expresswire) — Global Uranium Market NEW UPDATED REPORT 2023 presents a trusted overview of the current market situation and forecast till 2029. The study is perhaps a perfect mixture of qualitative and quantitative information highlighting key market developments, challenges, competition industry analysis, and new opportunities available and trends within the Uranium Market. Further, this report gives Uranium Market size, recent trends, growth, share, development status, market dynamics, cost structure, and competitive landscape. The research report also includes the present market and its growth potential in the given period of forecast. An exhaustive and professional study of the […]

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Uranium Hexafluoride Market The Worldwide Uranium Hexafluoride Market has witnessed continuous growth in the past few years and is projected to grow at a good pace during the forecast period of 2023-2029. The exploration provides a 360° view and insights, highlighting major outcomes of Worldwide Uranium Hexafluoride industry. These insights help the business decision-makers to formulate better business plans and make informed decisions to improve profitability. Additionally, the study helps venture or emerging players in understanding the businesses to make well-informed decisions. Some of the major and emerging players within the market are Arkema, Asahi Glass & Saint-Gobain.

If you are part of Worldwide Uranium Hexafluoride market, then benchmark how you are perceived in comparison to your competitors; Get an accurate view of your business in Worldwide Uranium Hexafluoride Marketplace with the latest released study by HTF MI

Get Free Sample Pages PDF @ https://www.htfmarketreport.com/sample-report/3555692-worldwide-uranium-hexafluoride-market

By end users/application, market is sub-segmented as: […]

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