Ur-Energy Announces Additional Sales Commitments, Success in its Bid into the Uranium Reserve, and Decision to Ramp-Up Lost Creek Production Operations

Ur-Energy Inc. LITTLETON, CO / ACCESSWIRE / December 19, 2022 / Ur-Energy Inc. (NYSE American:URG)(TSX:URE) (the "Company" or "Ur-Energy") is pleased to announce that it has expanded the quantity to be delivered into the sales agreement announced by the Company on August 8, 2022. The agreement which called for the annual delivery of 200,000 pounds of U 3 O 8 over a six-year period, has been amended to increase the annual delivery by 100,000 pounds of U 3 O 8 beginning in 2024 at the same pricing levels.

The Company’s total sales quantity now under contract will be 600,000 pounds U 3 O 8 per year beginning in 2024, plus or minus a small, optional flex. Having secured these sales commitments, Ur-Energy has made the decision to immediately ramp up production at its operating Lost Creek uranium mine to levels sufficient to deliver into these current contracts.

The Company will target […]

Uranium Market Market Size 2023 Industry Analysis, Key Players, Regional Demand, Opportunity and Forecast 2028

Press Release

Companies covered in the Uranium Market are – Sinosteel, CNNC, Sinohydro, Jinduicheng Molybdenum, JiangXi Copper Corporation, Cameco, Areva, BHP Billiton, Kazatomprom, APM3, ERA, AtomRedMetZoloto?ARMZ?, Paladin, Navoi, Rio Tinto Group and More

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

Dec 17, 2022 (The Expresswire) — Final Report will add the analysis of the impact of Russia-Ukraine War and COVID-19 on this industry. " Uranium Market " Insights 2022 – By Applications (Military, Electricity, Medical, Industrial, Others), By Types (Granite-Type Uranium Deposits, Volcanic-Type Uranium Deposits, Sandstone-Type Uranium Deposits, Carbonate-Siliceous-Pelitic Rock Type Uranium Deposits), By Segmentation analysis, Regions and Forecast to 2028. The Global Uranium market Report provides In-depth analysis on the market status of the Uranium Top manufacturers with best facts and figures, meaning, Definition, SWOT analysis, PESTAL analysis, expert opinions and the latest developments across the globe., the Uranium Market […]

Uranium Royalty Corp. (UROY) Sitting On The Launchpad, Waiting For The Long Term Buyers

Uranium Royalty Corp. (NASDAQ:UROY) concluded the trading at $2.30 on Friday, December 16 with a fall of -0.86% from its closing price on previous day.

Taking a look at stock we notice that its last check on previous day was $2.32 and 5Y monthly beta was reading 1.91 with its price kept floating in the range of $2.25 and $2.32 on the day. Considering stock’s 52-week price range provides that UROY hit a high price of $5.00 and saw its price falling to a low level of $2.10 during that period. Over a period of past 1-month, stock came subtracting -13.53% in its value.

5 Undervalued Stocks For 2023

Approximately 544 miles north of Las Vegas lies what’s been dubbed "the biggest lithium deposit in the US." One tiny company stands to be the biggest beneficiary because lithium "faces a long-term supply shortage," according to Barron’s. This company, however, is […]

Fortune Bay Confirms Near-Surface Uranium Mineralization In Multiple Drill Holes On The Murmac Uranium Project

HALIFAX, NS, Dec. 13, 2022 /CNW/ – Fortune Bay Corp. (TSXV: FOR) (FWB: 5QN) (OTCQX: FTBYF) ("Fortune Bay" or the "Company") is pleased to announce analytical results from its maiden exploration drilling program on the 100% owned Murmac Uranium Project ("Murmac" or the "Project"), located in northern Saskatchewan (see Figure 1).

The drilling program was designed to test regional targets across the Project’s extensive Armbruster, Howland and Pitchvein Conductor Corridors, which have a combined strike length of approximately 30 kilometres.

Shallow, highly elevated concentrations of uranium were confirmed in six (6) of the fifteen (15) drill holes, including 0.18% U 3 O 8 and 0.17% U 3 O 8 from individual assay samples.

The uranium is associated with anomalous levels of "pathfinder" elements that are typically associated with high-grade, basement-hosted deposits in the Athabasca Basin.Results include shallow intersections derived from between 20 and 150 metres below surface within prospective graphitic units associated […]

Cameco is the subject of unusually large options trading (NYSE:CCJ)

On Wednesday, Cameco Company (NYSE: CCJ) (TSE: CCO) saw unusual activity in its options trading. Put options for a total of 28,210 shares of the company’s stock were purchased by investors. Compared to the typical daily volume of 2,706 put options, this demonstrates an increase close to 942% higher than expected.

On October 27 October 27, Cameco (NYSE: CCJ) (TSE: CCO) announced that it would publish its quarterly earnings report. The basic materials industry reported a quarterly earnings per share figure of $0.02, which was $0.06 more than the average estimate of $0.04. The earnings for the quarter came in on schedule. The sum of the company’s revenue during the period in question was exactly $297.96 million. The return on equity for Cameco came in at 2.50 percent, and the net margin for the company was 6.43 percent. Market analysts anticipate Cameco to generate $0.27 per share earnings during the […]

US Critical Metals Announces Closing of Acquisition of 70% Interest in the Polymetallic Long Canyon Uranium and Vanadium Project in Idaho

Vancouver, British Columbia–(Newsfile Corp. – December 15, 2022) – US Critical Metals Corp. (TSXV: USCM) (OTCQB: USCMF) (FSE: 0IU0) (" USCM ") announces that further to the Company’s press release dated November 17, 2022, the Company has closed the acquisition of a 70% interest in the Long Canyon Uranium and Vanadium project (the " Property ") in Idaho (the " Transaction ").

The Company acquired the 70% interest in the Property by acquiring 70% of the issued and outstanding common shares of 1212242 B.C. Ltd. (" B.C. Ltd. "), a private company existing under the laws of British Columbia, which is the sole owner and shareholder of Long Canyon Resources Inc. (" Long Canyon Resources "), an Idaho corporation, which is the holder of the Property. The remaining 30% of the issued and outstanding common shares of B.C. Ltd. remain with Idaho Silver Corp. (" Idaho Silver "), a private […]

Laramide Resources Initiates New Mexico Drill Program on Crownpoint Uranium Project

TORONTO, Dec. 13, 2022 /CNW/ – Laramide Resources Ltd. ("Laramide") is pleased to announce the commencement of a diamond drill program at its NRC licensed Crownpoint Uranium Project, near Gallup, New Mexico, USA ("Crownpoint"). The work programs are being managed and executed by NuFuels, Inc., a subsidiary of Laramide Resources Ltd. Crownpoint consists of two discrete ISR-amenable deposits Crownpoint and Churchrock covered by a single NRC licence (sua-1580).

Marc Henderson, President and CEO of Laramide Resources Ltd., commented, "Throughout the prolonged downturn of the uranium market, we maintained and enhanced our asset base as well as our core technical capability and that strategy has paid off, allowing us to now re-start our development plans at several of the company’s US Assets. The retention of key professional and technical staff along with our new General Manager for US Operations ensures that our team now possess the diverse skills to launch […]

Traction Uranium Corp. Closes First Tranche of Private Placement

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NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

CALGARY, Alberta, Dec. 09, 2022 (GLOBE NEWSWIRE) — Traction Uranium Corp. (the “ Company ” or “ Traction ”) ‎(CSE: TRAC) (OTC: TRCTF) (FRA: Z1K) is pleased to announce that it has closed the first tranche of a non-brokered private placement (the “ First Tranche
Private Placement ”) for aggregate gross proceeds of approximately C$2,513,105.00. Financial Post Top Stories Article content
The Company issued 7,180,300 flow-through units (each, a “ Flow-Through Unit ”) at a price of C$0.35 per Flow-Through Unit. Each Flow-Through Unit consists of one (1) common share (each, a “ FT Share ”) and one half (1/2) common share purchase warrant (each, a “ FT Warrant ”). Each whole FT Warrant is exercisable into one (1) common share of the Company (each a “ Share ”) at an […]

Uranium Energy Corp. (UEC): Worth A Small Bite At $3.33

Uranium Energy Corp. (AMEX:UEC) concluded the trading at $3.33 on Wednesday, December 14 with a fall of -2.35% from its closing price on previous day.

Taking a look at stock we notice that its last check on previous day was $3.41 and 5Y monthly beta was reading 2.13 with its price kept floating in the range of $3.26 and $3.43 on the day. Company’s P/E ratio for the trailing 12 months is 256.15. Considering stock’s 52-week price range provides that UEC hit a high price of $6.60 and saw its price falling to a low level of $2.34 during that period. Over a period of past 1-month, stock came subtracting -17.98% in its value.

With its current market valuation of $1.25 billion, Uranium Energy Corp. is set to declare its quarterly results on Dec 12, 2022 – Dec 16, 2022. Analysts are in estimates of -$0.02 per share for company’s earnings […]

A leading high-grade uranium exploration company in the Athabasca Basin

Skyharbour Resources holds an extensive portfolio of uranium projects in Canada’s Athabasca Basin. SUPPLIED Due to the projected growth in demand for uranium and lack of primary supply, new discoveries and deposits are becoming increasingly valuable in balancing the market

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Skyharbour Resources has gained a major foothold in Saskatchewan’s Athabasca Basin — the world’s richest depository of uranium in the world

The company currently has fifteen projects, ten of which are drill-ready, covering over 450,000 hectares of mineral claims The world is facing a climate crisis and political upheavals, which have pushed nuclear energy to the forefront of many political and social agendas. For the mining community, all eyes are on the positive impact this will have on uranium demand and pricing.Vancouver-based Skyharbour Resources Ltd. (TSXV: SYH | OTCQX: SYHBF | FRA: SC1P) has been focusing its exploration efforts on uranium for almost a […]

United States Court of Appeals Upholds Nuclear Regulatory Commission’s Handling of enCore Energy’s Dewey Burdock Project Source Material License

CORPUS CHRISTI, Texas, Dec. 15, 2022 /PRNewswire/ – enCore Energy Corp. (" enCore " or the " Company ") (TSXV: EU) (OTCQB: ENCUF ) today announced the United States Court of Appeals for the District of Columbia Circuit denied the request of the Oglala Sioux Tribe and the group "Aligning for Responsible Mining" for a full panel review of a prior decision by a three judge panel of that court. In the prior decision (see enCore news release dated August 9, 2022) the panel found that the Nuclear Regulatory Commission had adequately complied with the relevant statutory and regulatory requirements in granting a source materials license to Powertech USA Inc., a subsidiary of enCore Energy Corp., for extraction of uranium from ore beds at the company’s Dewey-Burdock project in South Dakota.

The Sioux and Aligning for Responsible Mining may petition the United States Supreme Court to review the ruling. They […]

Consolidated Uranium Announces Mineral Resource Estimate for the Tony M Mine

is pleased to announce the completion of a confirmation drill program and a mineral resource estimate and supporting technical report prepared in accordance with NI 43-101 at the Company’s 100%-owned Tony M mine (the “Technical Report”). The Technical Report was prepared by the independent consulting firm SLR International Corporation (“SLR”) and has been filed under the Company’s profile on SEDAR.

Highlights The Mineral Resource estimate is based upon a commodity price of US$65.00 per pound of U 3 O 8 , and a cut-off grade of 0.14% eU 3 O 8 are reported as an: Indicated Mineral Resource of 1,185,000 tons grading 0.28% eU 3 O 8 for 6.6 million pounds contained uranium; and

Inferred Mineral Resource of 404,000 tons grading 0.27% eU 3 O 8 for 2.2 million pounds contained uranium.

The Mineral Resource estimate for the Tony M Mine is consistent with the historic Mineral […]

FORTUNE BAY CONFIRMS NEAR-SURFACE URANIUM MINERALIZATION IN MULTIPLE DRILL HOLES ON THE MURMAC URANIUM PROJECT

HALIFAX, NS, Dec. 13, 2022 /CNW/ – Fortune Bay Corp. (TSXV: FOR ) (FWB: 5QN) (OTCQX: FTBYF) ("Fortune Bay" or the "Company") is pleased to announce analytical results from its maiden exploration drilling program on the 100% owned Murmac Uranium Project ("Murmac" or the "Project"), located in northern Saskatchewan (see Figure 1).

The drilling program was designed to test regional targets across the Project’s extensive Armbruster, Howland and Pitchvein Conductor Corridors, which have a combined strike length of approximately 30 kilometres. Figure 1: Location of Fortune Bay’s Murmac, Strike and Goldfields Projects. (CNW Group/Fortune Bay Corp.) Figure 2: Location of the 2022 drill holes completed on the Murmac Uranium Project. (CNW Group/Fortune Bay Corp.) Shallow, highly elevated concentrations of uranium were confirmed in six (6) of the fifteen (15) drill holes, including 0.18% U 3 O 8 and 0.17% U 3 O 8 from individual assay samples.

The uranium is associated […]

Myriad Announces Name Change to Myriad Uranium Corp. and New CFO, Nelson Lamb

Vancouver, British Columbia – MYRIAD METALS CORP. (CSE: MMC) (‘Myriad’ or the ‘Company’) announces that, in connection with its recent acquisition of 100% option interests in 1,833 square kilometres of uranium exploration licenses in the Tim Mersoi Basin, Niger, it is changing its name to Myriad Uranium Corp. The Canadian Securities Exchange will publish a bulletin announcing that the Company’s common shares will commence trading under the new name on or about December 14, 2022. Shareholders are not required to exchange their existing share certificates for new certificates bearing the Company’s new name and Company shares held electronically in Direct Registration System will be booked automatically. Myriad’s new web domain is www.myriaduranium.com and new symbol on the CSE will be ‘M’.

Thomas Lamb, CEO, said, ‘This name change is the first in what will be a series of near-term steps to announce ourselves as a high-potential uranium explorer in the […]

Ur-Energy Announces Additional Multi-Year Uranium Sales Agreement

The new sales agreement calls for the annual delivery of 300,000 pounds of uranium concentrates ("U 3 O 8 ") over a five-year period beginning in 2024. Sales prices are anticipated to be profitable on a Company-wide, all-in cost basis and are escalated annually from the initial pricing in 2024. The agreement also provides that a 2029 commitment of 300,000 pounds may be agreed to by the parties no later than year-end 2026. The Company’s total sales quantity now under contract is 500,000 pounds U 3 O 8 per year beginning in 2024, plus or minus a small flex.

The Company previously announced its initial multi-year agreement for sales of 200,000 pounds U 3 O 8 annually beginning in 2023. Pursuant to the Company’s request, that previously announced sales agreement is conditioned on Urโ€‘Energy securing additional contractual commitments to support a development decision. (See Ur-Energy News Release August 8, 2022.) […]

Fission Uranium: Brace For Capex Blowout

Summary

Fission Uranium expects the release of a feasibility study for the PLS project within weeks.

There likely will be increase of the project’s estimated NPV, but considerable increase of the initial costs is also very likely.

Fission sits at CAD$32.8M of cash, so funding the project will be a challenge. HT Ganzo Fission Uranium ( OTCQX:FCUUF )(TSX: FCU:CA ) is one of the many uranium exploration and development companies in the Canada’s prolific Athabasca basin. What makes it particularly interesting at this time is the nearing of the feasibility study (FS) on its PLS project, which is expected within a few weeks. The existing pre-feasibility study (PFS) of the project was completed in 2019 so a lot of changes regarding the economic profile of the property are to be expected. I anticipate some improvement of the economic profile, but significant increase in the initial capital outlay, which may […]

Five Top Uranium Stocks that Could Breakout in New Year 2023

Uranium prices are regaining a healthy glow. For one, there’s a good deal of global demand, with some countries planning to build more reactors. Two, we have global leaders attempting to cut back on harmful emissions, which could increase dependency on uranium. According to Jon Bey, President and CEO of Standard Uranium, as quoted by Kitco.com, "We are starting to see countries around the world accepting nuclear energy. Those countries realize if they want to reach a carbon neutral future, nuclear energy has to be part of the equation.” Three, the world is running into a severe supply-demand issue. Even Cameco President and CEO Tim Gitzel has said, “Uranium supply is becoming less certain due to years of persistently low prices,” as quoted by S&P Global Platts. That being said, investors may want to keep an eye on uranium stocks, such as Skyharbour Resources (TSXV: SYH) (OTCQX: SYHBF), Cameco […]

Pegasus Resources Announces Critical Mineral Exploration Tax Credit Flow Through Financing

This news release is not for dissemination in the United States or for distribution to U.S. wire services.

VANCOUVER, British Columbia, Dec. 13, 2022 (GLOBE NEWSWIRE) — Pegasus Resources Inc. (TSX-V: PEGA; Frankfurt – OQS2, OTC/Pink Sheet symbol SLTFF) (the “Company” or “Pegasus”) is pleased to announce that the Company has arranged a non-brokered flow through private placement of up to 37,500,000 units (the “Units”) of the Company at a price of CDN$0.04 per Unit to raise gross proceeds of up to CDN$1,500,000 (the “Offering”). Each Unit consists of one common share of the Company that qualifies as a flow-through share (for purposes of the Income Tax Act (Canada)) and one non-flow-through share purchase warrant, entitling the holder to acquire an additional common share of the Company at a price of $0.06 for a period of 24 months from the date of issuance.

The Company intends to use the gross proceeds […]

Skyharbourโ€™s Partner Company Azincourt Energy Receives Drill Permits for the East Preston Uranium Project

Vancouver, BC, Dec. 13, 2022 (GLOBE NEWSWIRE) — Skyharbour Resources Ltd.’s (TSX-V: SYH ) (OTCQ X : SYHBF ) (Frankfurt: SC1P ) (the “Company”) partner company Azincourt Energy (“Azincourt) is pleased to announce that approvals have been received for the upcoming winter drill program at the East Preston uranium project, in the Athabasca Basin, Saskatchewan, Canada.

Project Location – Western Athabasca Basin, Saskatchewan, Canada:
https://www.skyharbourltd.com/_resources/maps/Sky_EastPreston_20211209.jpg

Preparations continue for the winter program at the East Preston project. Permits and approval for the program have been received and Azincourt will continue to work with the Clearwater River Dene Nation (CRDN) and local communities to ensure opportunities for local businesses and employment are maximized.
Azincourt is planning an extensive drill program for the winter of 2022-2023, as reported in news releases dated July 28 th , 2022, and October 20 th , 2022. The program will consist of approximately 6,000 meters of […]

Uranium Market Overview 2022 by Top Players, Demand, Industry Dynamics and Forecast till 2028

New Jersey, United States– The report presents an in-depth assessment of the Uranium Market including enabling technologies, key trends, market drivers, challenges, standardization, regulatory landscape, deployment models, operator case studies, opportunities, future roadmap, value chain, ecosystem player profiles, and strategies. The report also presents forecasts for Uranium Market investments from 2022 to 2028.

The Global Uranium Market is split into segments supported sort, end-use business, and application. By mistreatment the expansion among the varied segments to be told concerning the various growth variables projected to be gift throughout the business, you’ll style various techniques to help uncover important application areas and also the variations in your target markets. whereas assessing the market competition within the world Uranium Market, we have a tendency to took under consideration every company’s distinctive summary, business description, product portfolio, key financials, etc

Click the link to get a free Sample Copy of the Report at: […]

Excitement in the Athabasca! Will Standard Uranium (STND.V) join the party?

The Athabasca Basin, as any uranium investor would tell you, is the top tier location for large, high-grade resources of U3O8. The grades aren’t just marginally better than other regions around the world but are often 10-100 times higher.

It’s no coincidence that most of Cameco’s resources discovered decades ago, became mines here to the East of the basin. Fast forward to this decade, and all the excitement for the present and future is actually in the west of the basin. Here we find Nexgen’s Arrow, Fission’s Triple R, and a hint that Fission 3.0 may be onto something extremely high-grade as the scintillometer’s readings are pointing to “off the charts” counts per second. I’m laymen’s terms: lots and lots of radiation usually associated with ridiculously high grade.

Davidson River is Standard Uranium’s (STND.V) flagship property, located in the southwest Athabasca uranium district of the Athabasca Basin, and features the inferred […]

Consolidated Uranium Announces Mineral Resource Estimate for the Tony M Mine

is pleased to announce the completion of a confirmation drill program and a mineral resource estimate and supporting technical report prepared in accordance with NI 43-101 at the Company’s 100%-owned Tony M mine (the “Technical Report”). The Technical Report was prepared by the independent consulting firm SLR International Corporation (“SLR”) and has been filed under the Company’s profile on SEDAR.

Highlights The Mineral Resource estimate is based upon a commodity price of US$65.00 per pound of U 3 O 8 , and a cut-off grade of 0.14% eU 3 O 8 are reported as an: Indicated Mineral Resource of 1,185,000 tons grading 0.28% eU 3 O 8 for 6.6 million pounds contained uranium; and

Inferred Mineral Resource of 404,000 tons grading 0.27% eU 3 O 8 for 2.2 million pounds contained uranium.

The Mineral Resource estimate for the Tony M Mine is consistent with the historic Mineral […]

Skyharbour’s Partner Company Azincourt Energy Receives Drill Permits for the East Preston Uranium Project

Classified in: Mining industry
Subjects: MISCELLANEOUS , MISCELLANEOUS

Vancouver, BC, Dec. 13, 2022 (GLOBE NEWSWIRE) — Skyharbour Resources Ltd.’s (TSX-V: SYH ) (OTCQ X : SYHBF ) (Frankfurt: SC1P ) (the "Company") partner company Azincourt Energy ("Azincourt) is pleased to announce that approvals have been received for the upcoming winter drill program at the East Preston uranium project, in the Athabasca Basin, Saskatchewan, Canada.

Project Location ? Western Athabasca Basin, Saskatchewan, Canada:
https://www.skyharbourltd.com/_resources/maps/Sky_EastPreston_20211209.jpg Preparations continue for the winter program at the East Preston project. Permits and approval for the program have been received and Azincourt will continue to work with the Clearwater River Dene Nation (CRDN) and local communities to ensure opportunities for local businesses and employment are maximized.Azincourt is planning an extensive drill program for the winter of 2022-2023, as reported in news releases dated July 28 th , 2022, and October 20 th , 2022. […]

FORTUNE BAY CONFIRMS NEAR-SURFACE URANIUM MINERALIZATION IN MULTIPLE DRILL HOLES ON THE MURMAC URANIUM PROJECT

HALIFAX, NS, Dec. 13, 2022 /CNW/ – Fortune Bay Corp. (TSXV: FOR ) (FWB: 5QN) (OTCQX: FTBYF) ("Fortune Bay" or the "Company") is pleased to announce analytical results from its maiden exploration drilling program on the 100% owned Murmac Uranium Project ("Murmac" or the "Project"), located in northern Saskatchewan (see Figure 1).

The drilling program was designed to test regional targets across the Project’s extensive Armbruster, Howland and Pitchvein Conductor Corridors, which have a combined strike length of approximately 30 kilometres. Figure 1: Location of Fortune Bay’s Murmac, Strike and Goldfields Projects. (CNW Group/Fortune Bay Corp.) Figure 2: Location of the 2022 drill holes completed on the Murmac Uranium Project. (CNW Group/Fortune Bay Corp.) Shallow, highly elevated concentrations of uranium were confirmed in six (6) of the fifteen (15) drill holes, including 0.18% U 3 O 8 and 0.17% U 3 O 8 from individual assay samples.

The uranium is associated […]

Traction Uranium Corp. Closes First Tranche of Private Placement

Article content

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

CALGARY, Alberta, Dec. 09, 2022 (GLOBE NEWSWIRE) — Traction Uranium Corp. (the “ Company ” or “ Traction ”) ‎(CSE: TRAC) (OTC: TRCTF) (FRA: Z1K) is pleased to announce that it has closed the first tranche of a non-brokered private placement (the “ First Tranche
Private Placement ”) for aggregate gross proceeds of approximately C$2,513,105.00. Financial Post Top Stories Article content
The Company issued 7,180,300 flow-through units (each, a “ Flow-Through Unit ”) at a price of C$0.35 per Flow-Through Unit. Each Flow-Through Unit consists of one (1) common share (each, a “ FT Share ”) and one half (1/2) common share purchase warrant (each, a “ FT Warrant ”). Each whole FT Warrant is exercisable into one (1) common share of the Company (each a “ Share ”) at an […]