(TheNewswire)

Drilling also underway at JCUs Waterfound River Project

Saskatoon, Saskatchewan TheNewswire – July 14, 2022 UEX Corporation (TSX:UEX) ("UEX" or the "Company") is pleased to announce the commencement of the 2022 summer exploration drilling program at its Christie Lake Project located in the Athabasca Basin of northern Saskatchewan (see Figure 1).

A summer drilling program also commenced on the Waterfound River Project, in which the Company’s 50% owned subsidiary JCU Canada Exploration Company, Limited ("JCU") is a minority owner.Christie Lake ProjectSummer exploration drilling is planned in three target areas at Christie Lake using two drill rigs. The summer program will consist of approximately 12 holes for an anticipated total of about 8,000 m of drilling (see Figure 2) following up on the encouraging results of the winter drilling program. Priority drilling will focus on testing for basement-hosted uranium near the Paul Bay, Ken Pen and Ōrora Deposits, down-dip of existing mineralized […]

Click here to view original web page at investingnews.com

onlyASX Market Announcements ASX Limited

20 Bridge Street Sydney NSW 2000

BY ELECTRONIC LODGEMENT

useMonthly NTA Statement and Investment Update as at 30 June 2022In accordance with ASX Listing Rule 4.12, please find attached statement of TGF’s net tangible asset backing of its quoted securities as at 30 June 2022.For any enquiries please contact TGF at TGFinvestors@tribecaip.com.auor by calling +61 2 9640 2600.personalAuthorised for release by the Board of Tribeca Global Natural Resources Limited. Ken LiuCompany SecretaryTribeca Global Natural Resources LimitedFor Sydney Singapore Web: www.tribecaip.com/lic Level 23, 1 O’Connell Street Level 16, Singapore Land Tower Email: TGFinvestors@tribecaip.com Sydney NSW 2000 Australia 50 Raffles Place, Singapore 048623 ABN: 16 627 596 418 T +61 2 9640 2600 T +65 6320 7718 Monthly NTA StatementInvestment Update as at 30 June 2022onlyPerformance SummaryAfter recording seven consecutive quarters of positive performance which saw the Company’s NTA increase by 76.9%on a post-tax basis, the Company finished the […]

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

Energy is the topic of the moment. Uranium is used to generate energy and platinum is used in fuel cells. Receive up-to-date information about the company directly via push notification

Now that uranium has been declared sustainable and uranium is back in the spotlight in the face of looming energy shortages, investors should not disregard this raw material. In the case of electric mobility with power supply, uranium is important as a feedstock for nuclear power plants. This is because worldwide electricity generation is likely to continue to be powered to a certain extent by nuclear energy for a long time to come. When it comes to climate change, nuclear energy scores highly, and the fact that it has regained its reputation can also be seen from the way the price of uranium has developed in recent times. Platinum is not important on the production side, but more in […]

Click here to view original web page at www.resource-capital.ch

PR Newswire

Acquisition Rationale and Highlights: Accretive transaction, doubling of UEC’s uranium resources in world-class, politically stable, uranium mining jurisdictions at only a 13.7% dilution to UEC’s outstanding shares (1)

Pro forma UEC will have the largest uranium portfolio focused exclusively in the Americas, located in proven and stable jurisdictions, and combining diversified U.S. production and Canadian development assets

Recent global events have set in motion long-term structural changes in the supply chains of energy commodities where security of supply and reduction of geopolitical and transportation risk will be key strategic differentiators On the demand side, there is a growing trend by Western utilities to secure supplies from uranium projects in politically stable jurisdictions UEX portfolio is comprised of 29 uranium projects covering key areas of the producing eastern side and development western side of prolific Athabasca basin 5 of the 29 projects are […]

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

Skyharbour Resources Ltd Vancouver, BC, July 13, 2022 (GLOBE NEWSWIRE) — Skyharbour Resources Ltd.’s (TSX-V: SYH ) (OTCQB: SYHBF ) (Frankfurt: SC1P ) (the “Company”) partner company Azincourt Energy (“Azincourt) is pleased to present the analytical results from the Winter 2022 drill program at the East Preston uranium project, located in the western Athabasca Basin, Saskatchewan, Canada.

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

Drilling for the 2022 winter season at the East Preston Project resulted in 5,004.5 metres completed in 19 drill holes between January and March of 2022. Initial findings of this program were reported in a news release dated March 29 th , 2022. Drilling during the 2022 program focused on the A-G and K-H-Q trends and commenced in the G-Zone where the 2021 drill program ended.
A total of 420 samples were collected throughout the program and sent to the Geoanalytical Laboratory at […]

Click here to view original web page at ca.finance.yahoo.com

A Biden Initiative Could Wean U.S. Off Russian Uranium While Boosting Domestic Exploration Companies Like Laramide

An Emerging Markets Sponsored Commentary

ORLANDO, Fla., July 13, 2022 (GLOBE NEWSWIRE) — Over past issues of the Emerging Market Report we’ve been attentive to the fact that geopolitical events could be impactful for Laramide Resources Ltd. (TSX: LAM) (ASX: LAM) (OTCQX: LMRXF) which holds diversified uranium assets in the exploration stage that are strategically positioned in the United States and Australia.

We knew that the conflict in Ukraine was very likely to affect the spot price for Uranium, and more importantly, change the supply chain. Since Laramide’s operations are located in the United States and Australia, two stable tier one jurisdictions.We believe a major change may be imminent and it could be more important for American producers and exploration companies than imagined. Investors in U.S.-based Uranium exploration companies like Laramide – which […]

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

PR Newswire

CORPUS CHRISTI, Texas, June 22, 2022

CORPUS CHRISTI, Texas, June 22, 2022 /PRNewswire/ – Uranium Energy Corp (NYSE: UEC) (the "Company" or "UEC") is pleased to announce that, in furtherance of its recently announced (June 13) entry into of a definitive agreement with UEX Corporation (" UEX ") pursuant to which it is to acquire all of the issued and outstanding common shares of UEX (the " UEX Common Shares ") in an all-share transaction by way of statutory plan of arrangement, the Company has now completed its C$5 million private placement in UEX consisting of the acquisition by UEC of 11,627,907 UEX Common Shares at a price of C$0.43 per UEX Common Share.

UEC may acquire additional UEX common shares by making purchases through the facilities of the TSX subject to and in accordance with applicable laws. UEC will provide periodic updates in respect of any UEX common share […]

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

Skyharbour Resources Ltd Vancouver, BC, July 13, 2022 (GLOBE NEWSWIRE) — Skyharbour Resources Ltd.’s (TSX-V: SYH ) (OTCQB: SYHBF ) (Frankfurt: SC1P ) (the “Company”) partner company Azincourt Energy (“Azincourt) is pleased to present the analytical results from the Winter 2022 drill program at the East Preston uranium project, located in the western Athabasca Basin, Saskatchewan, Canada.

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

Drilling for the 2022 winter season at the East Preston Project resulted in 5,004.5 metres completed in 19 drill holes between January and March of 2022. Initial findings of this program were reported in a news release dated March 29 th , 2022. Drilling during the 2022 program focused on the A-G and K-H-Q trends and commenced in the G-Zone where the 2021 drill program ended.
A total of 420 samples were collected throughout the program and sent to the Geoanalytical Laboratory at […]

Click here to view original web page at finance.yahoo.com

→ FORGET 99% of The Stock Market (Ad) Uranium Energy Zurcher Kantonalbank Zurich Cantonalbank grew its holdings in shares of Uranium Energy Corp. ( NYSEAMERICAN:UEC – Get Rating ) by 16.0% in the first quarter, HoldingsChannel.com reports. The fund owned 162,880 shares of the basic materials company’s stock after acquiring an additional 22,411 shares during the quarter. Zurcher Kantonalbank Zurich Cantonalbank’s holdings in Uranium Energy were worth $751,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the business. Venture Visionary Partners LLC acquired a new position in Uranium Energy during the 4th quarter valued at about $33,000. National Bank of Canada FI bought a new stake in shares of Uranium Energy in the 4th quarter worth approximately $36,000. PEAK6 Investments LLC purchased a new position in Uranium Energy in the 4th quarter valued at approximately $36,000. CWM LLC […]

Click here to view original web page at www.defenseworld.net

Picture: Getty Images share

Mining stocks like grit in your bedsheets as materials fall back on dull day for majors

Boss and Tietto drill hits to bolster uranium and gold inventories at upcoming projects

Core Lithium adds two years to life at Finniss mine in the NT Major mining stocks have the same uncomfortable feeling you get when you’ve left the beach hours ago but the sand still lingers between your, uh… toes.You shower once more but the grit still finds its way into your bedsheets the next morning, condemning you to another day waiting for the washing machine and praying for sunshine.Materials stocks are threatening to enter the death by a thousand cuts stage of the cycle, falling not by great magnitude but with disarming regularity.Today the move down is 0.88%, nothing to write home about although this is a regular column so I will, […]

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

This story features BOSS ENERGY LIMITED, and other companies. For more info SHARE ANALYSIS: BOE

As the EU votes in favour of including nuclear power in its green taxonomy, and further reports support the energy source, the uranium market becomes summer-quiet.

-Summer vacation time slows uranium spot market
-EU votes in favour of nuclear
-IEA pushed nuclear barrow -Australian miners labeled ‘oversold’ Interest in the spot uranium market slowed to a crawl last week given shortened weeks in both the US and Canada and the start of the North American summer vacation season, as well as reluctance to trade ahead of a resolution on the issue of the Canadian cargo ship stuck in St Petersburg.Industry consultant TradeTech reports only four transactions totalling 400,000/lb U3O8 equivalent were concluded in the spot market. A lack of buying interest saw TradeTech’s weekly spot price indicator fall -US$2.90 to US$47.60/lb.TradeTech’s term price indicators […]

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

Figure 1 U3O8 Corp.’s working capital by quarter in Canadian Dollars. NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

TORONTO, July 11, 2022 (GLOBE NEWSWIRE) — U3O8 Corp. ( NEX: UWE.H ), (“ U3O8 ” or the “ Company ”) is pleased to announce that it has received conditional approval to list its common shares on the TSX Venture Exchange (“ TSXV ”) through, among other things: Achieving positive working capital.

Receipt of conditional approval for the Company’s debt settlement plan as described more fully below (the “ Debt Settlement ”).

Completion of a National Instrument 43-101 technical report (“ Technical Report” ) on the Berlin uranium and battery commodity deposit. The anticipated closing of a private placement (“ Private Placement ”) on or around July 29, 2022, to provide funds to advance the Berlin Deposit and for […]

Click here to view original web page at finance.yahoo.com

At the end of the latest market close, Uranium Energy Corp. (UEC) was valued at $3.42. In that particular session, Stock kicked-off at the price of $3.34 while reaching the peak value of $3.50 and lowest value recorded on the day was $3.30. The stock current value is $3.25.Recently in News on June 30, 2022, Uranium Energy Corp Provides Update on UEX holdings. Uranium Energy Corp (NYSE American: UEC, the “Company” or “UEC”) is pleased to provide an update on its holdings of common shares of UEX Corporation (“UEX”). The Company has acquired 6,844,000 UEX common shares through the facilities of the TSX at an average cost of C$0.3601 per UEX common share. When added to the 11,627,907 UEX common shares acquired by private placement on June 22, 2022 at a price of C$0.43 per share (the “Private Placement”), UEC now holds a total of 18,471,907 UEX common shares […]

Click here to view original web page at investchronicle.com

Vancouver, BC, May 31, 2022 (GLOBE NEWSWIRE) — Skyharbour Resources Ltd. ’s ( TSX-V: SYH ) ( SYHBF ) (Frankfurt: SC1P ) (the “Company”) partner company, Basin Uranium Corp. (“Basin Uranium”) is pleased to announce it has completed its phase one 2022 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. The phase one program consisted of five holes totalling 3,503 metres with the unconformity being intersected between 608 metres to 651 metres in all holes. This was the first significant drill program undertaken on the property since 2007.

The second phase of drilling is planned for the fall of this year and will consist of approximately 3,500 metres. Results from both the phase one drill program and upcoming geophysical surveys at Mann Lake will be used for targeting and […]

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

Petmal Investment Thesis

Sprott (NYSE: SII ) is an investment company focused on natural resources, precious metals especially, but the company has also increased its uranium exposure lately. It is a stock I have owned for the better part of the last 5 years, even though I have liquidated my holdings a couple of times when the stock has gotten ahead of itself. I have written many articles about the company on Seeking Alpha in the past .
Figure 1

In 2022, the stock price has been slightly more correlated with uranium equities than precious metals miners, even if the two industries have traded relatively closely to each other. After the selloff in Q2 2022, the stock is once again trading at a very attractive level.
Figure 2 Valuation Vs. Royalty & Streaming Companies As an investment company, Sprott is less capital intensive than miners. The company […]

Click here to view original web page at seekingalpha.com

To get a sense of who is truly in control of GoviEx Uranium Inc. ( CVE:GXU ), it is important to understand the ownership structure of the business. We can see that individual investors own the lion’s share in the company with 58% ownership. Put another way, the group faces the maximum upside potential (or downside risk).

Individual investors gained the most after market cap touched CA$154m last week, while insiders who own 13% also benefitted.

In the chart below, we zoom in on the different ownership groups of GoviEx Uranium. TSXV:GXU Ownership Breakdown July 9th 2022 What Does The Institutional Ownership Tell Us About GoviEx Uranium?

Many institutions measure their performance against an index that approximates the local market. So they usually pay more attention to companies that are included in major indices.We can see that GoviEx Uranium does have institutional investors; and they hold a good portion of the […]

Click here to view original web page at simplywall.st

Laramide Starts Drilling for More Uranium in Australia An Emerging Markets Sponsored Commentary
ORLANDO, Fla., June 09, 2022 (GLOBE NEWSWIRE) — Not so long ago we began coverage of Laramide Resources Ltd. (TSX: LAM) (ASX: LAM) (OTCQX: LMRXF) which holds diversified uranium assets strategically positioned in the United States and Australia that have been chosen for their low-cost production potential. If you’re new to the story, global events have changed the market for uranium , which has renewed interest in the United States’ uranium exploration and increased interest in Australia, already a top international producer. It goes without saying that when macroeconomic or geopolitical events occur and there is a perception that market value for a commodity is about to change for the better, that there can be reciprocal actions to get involved, to buy land or fields to mine or till for this real or perceived opportunity. […]

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

PR Newswire

VANCOUVER, BC, May 20, 2022 /PRNewswire/ – Blue Sky Uranium Corp. (TSXV: BSK) (FSE: MAL2) (OTC: BKUCF), ("Blue Sky" or the "Company") announces that it has made an application to the TSX Venture Exchange (" TSXV ") to extend the term of the outstanding warrants as follows: 4,203,182 unexercised warrants (4,528,182 original granted) that are set to expire on June 4 and July 11, 2022 to be extended to June 4 and July 11, 2024 respectively. These warrants were originally issued under a private placement completed by the Company in 2 Tranches in June and July 2019.

Of the 325,000 warrants that have been exercised, 100,000 have been exercised by one shareholder within the past 6 months. The Company notes that, at the request of the TSXV, it has received a Consent from this shareholder for this application to extend the expiry date of the remaining warrants.

The exercise […]

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

(TheNewswire) Saskatoon, Saskatchewan TheNewswire – July 8, 2022 UEX Corporation (TSX:UEX) (OTC:UEXCF) ("UEX" or the "Company") is pleased to announce that is has filed an updated technical report for the Company’s 65.5492% directly-owned Christie Lake Project that includes an updated mineral resource estimate for the property. The remaining 34.4508% interest in the Christie Project is owned by JCU (Canada) Exploration Company, Limited, which in turn is 50% owned by the Company and 50% by Denison Mines Corp.

The updated technical report and mineral resource estimate was completed by Mr. Glen Cole, P.Geo. of SRK Consulting (Canada) Inc., who is considered to be a Qualified Person as defined by National Instrument 43-101. Mr. Cole is considered independent of the Company.

The Christie Lake mineral resource estimate was determined using a cut-off grade of 0.20% U 3 O 8 . A total of 588,000 tonnes containing 20.35 million pounds of U 3 O […]

Click here to view original web page at investingnews.com

Cameco (TSX:CCO) (NYSE:CCJ) stock has gone through some insane ups and downs this year. Since the start of the year, shares of Cameco stock are up just 5.3%, which may not seem like much but is far better than how the market is faring. On top of that, shares are up 23% in the last year.

Yet despite this seemingly defensive choice, Cameco stock has a long history of being risky. And that certainly hasn’t disappeared even with shares at current levels. Cameco stock shrunk after the disaster in Fukushima in 2011. It remained down until recently when a new push for clean energy meant nuclear power plants would come back online. And those plants would need companies like Cameco.

The question is whether the situation will remain as it is for Cameco stock, and if so, for how long? Current headwinds

There are a number of headwinds that have caused […]

Click here to view original web page at www.fool.ca

Vancouver, BC, May 19, 2022 (GLOBE NEWSWIRE) — Skyharbour Resources Ltd.’s (TSX-V: SYH ) ( SYHBF ) (Frankfurt: SC1P ) (the “Company”) is pleased to announce that it has entered into an Option Agreement with Rio Tinto Exploration Canada Inc. (“RTEC”), a wholly owned subsidiary of Rio Tinto Limited (“Rio Tinto”), to acquire up to 100% of the Russell Lake Uranium Project (the “Property” or “Project”), which comprises 26 claims covering 73,294 hectares of prospective exploration ground strategically situated between the Company’s Moore Uranium project (to the east) and Denison Mines’ Wheeler River project (to the west) in the eastern portion of the Athabasca Basin.

Russell Lake Project Location Map:
http://www.skyharbourltd.com/_resources/images/SKY-RussellLake-20220325-Inset.jpg

The Project is a premier, advanced-stage exploration property given its large size, proximity to critical regional infrastructure, and the significant amount of historical exploration carried out on the property, which has identified numerous prospective target areas and […]

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

Australia-based mining company Aura Energy announced that uranium grades at its figurehead Tiris mine in Mauritania are approximately 550% higher than previously expected.

Bulk leaching tests at the mine in which the firm holds an 85% stake have also indicated a low capital expenditure, low operating expenditure extraction rate potential of over 95% of known reserves.

Following the announcement, Aura Energy’s London share prices rose 5.1%.

With this resurgence in investor confidence and interest, the project is now being fast-tracked, a final investment decision expected in the first quarter of 2023.Aura’s largest drilling work to date, the Tiris greenfield uranium development has been awash with news this year as small project successes piled for this promising reserve. In February, Aura announced vanadium reserves discovered also present at the site, initial estimates placing them at 18.5 million pounds vanadium oxide and thus, positioning Mauritania as a potential competitor with prior leader South Africa […]

Click here to view original web page at energycapitalpower.com