District Metals Corp. (TSX-V: DMX) (FRA: DFPP); (‘District’ or the ‘Company’) is pleased to report that Bergslagen Metals AB (a 100% owned Swedish subsidiary of District) has applied for a 2,302 hectare mineral license (Figure 1) to explore for vanadium, nickel, molybdenum, zinc, and other elements, covering approximately 68% of the polymetallic Viken Deposit located in Jamtland County, central Sweden. The Viken Deposit is the largest undeveloped Alum Shale vanadium-uranium-molybdenum-nickel-copper-zinc deposit in Sweden, and amongst the largest deposits by total historic mineral resources of vanadium and uranium in the world. The Bergsstaten (Mining Inspectorate) is expected to reach a decision on the Company’s Viken nr 101 mineral license application by the end of February 2023.

Highlights:

Mineral license application covers 68% of the Viken Deposit, which is a large polymetallic deposit containing economically significant levels vanadium (V), uranium (U), molybdenum (Mo), nickel (Ni), copper (Cu), and zinc (Zn).

A 2010 Preliminary Economic […]

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VANCOUVER, British Columbia, Jan. 06, 2023 (GLOBE NEWSWIRE) — Stallion Gold Corp. (the "Company" or "Stallion" ) (TSX-V: STUD; OTCQB: SLLGF) is pleased to announce it has signed a share purchase agreement dated January 5, 2022 (the "Definitive Agreement" ) among the Company, U92 Exploration Limited. ( "U92" ) and the shareholders of U92 to acquire all of the issued and outstanding securities of U92 (the "Transaction" ).

U92 is a privately held Uranium company with strategic claims in the Western Athabasca Basin, home to some of the world’s largest high grade uranium discoveries. The claim packages southern boundary is above Fission 3.0’s PLN Project containing the recent discovery of ultra-high grade U 3 O 8 , while the northern end of the project is just east of the Shea Creek deposit held by the partnership of UEX and Orano. The U92 Saskatchewan projects includes 6 mineral claims totaling 29,273 […]

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

TUCSON, AZ, Jan. 05, 2023 (GLOBE NEWSWIRE) — Liberty Star Minerals ( “Liberty Star” or the “Company” ) ( OTCMarkets : LBSR ) is pleased to announce the Arizona State Land Department (ASLD) has issued renewal notifications for 21 MEPs covering Liberty Star’s wholly owned Hay Mountain Project including the Red Rock Canyon Gold Project (RRC). Additionally, the Company has received a new Mineral Exploration Permit (MEP) comprising 80 acres as part of the Company’s ongoing 240 acres claim area over the Robbers Roost Project (RRP), approximately 5.89 miles west of the Hay Mountain Project. The Company is current on all MEP requirements through 2023 renewal dates.

The Red Rock Canyon Gold and Robbers Roost Projects may possess commercially important metals associated with porphyry copper-gold-moly geologic structures, well represented in the area from central Arizona to northern Mexico.

“Liberty Star has been interested in the Robbers Roost area for years, and […]

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Okapi Resources has added scale to its North American uranium portfolio. Credit: File ASX-listed Okapi Resources has reinforced its uranium footprint in the United States after securing full ownership of 45 new mining claims and one State Mineral lease in Colorado. The acquisition stretches the boundaries of the company’s Maybell uranium project where historical production tipped the scales at 5.3 million pounds of triuranium octoxide running a solid average grade of 1300 parts per million.

The purchase also includes the procurement of an extensive historical database laden with key geological data that Okapi says will fast track the ground’s evaluation. The package includes more than 400 electronic well logs, detailed maps, geological reports and maps.

Additionally, the database holds the design, construction and operating information pertaining to the mining and uranium production operations of Union Carbide – a significant historical uranium producer in the region.

Between 1954 and 1964, Union Carbide ran […]

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

Source: Shutterstock Even though GoviEx Uranium Inc. ( CVE:GXU ) stock gained 16% last week, insiders who sold US$393k worth of stock over the past year are probably better off. Selling at an average price of US$0.44, which is higher than the current price might have been the right call as holding on to stock would have meant their investment would be worth less now than it was at the time of sale.

While insider transactions are not the most important thing when it comes to long-term investing, logic dictates you should pay some attention to whether insiders are buying or selling shares. The Last 12 Months Of Insider Transactions At GoviEx Uranium

In the last twelve months, the biggest single sale by an insider was when the Independent Director, David Cates, sold CA$139k worth of shares at a price of CA$0.41 per share. While we don’t usually like […]

Click here to view original web page at simplywall.st

Vancouver, British Columbia–(Newsfile Corp. – January 5, 2023) – District Metals Corp. (TSXV: DMX) (FSE: DFPP) ("District" or the "Company") is pleased to report that Bergslagen Metals AB (a 100% owned Swedish subsidiary of District) has applied for a 2,302 hectare mineral license (Figure 1) to explore for vanadium, nickel, molybdenum, zinc, and other elements, covering approximately 68% of the polymetallic Viken Deposit located in Jämtland County, central Sweden. The Viken Deposit is the largest undeveloped Alum Shale vanadium-uranium-molybdenum-nickel-copper-zinc deposit in Sweden, and amongst the largest deposits by total historic mineral resources of vanadium and uranium in the world. The Bergsstaten (Mining Inspectorate) is expected to reach a decision on the Company’s Viken nr 101 mineral license application by the end of February 2023.

Highlights: Mineral license application covers 68% of the Viken Deposit, which is a large polymetallic deposit containing economically significant levels vanadium (V), uranium (U), molybdenum […]

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

ASX-listed Okapi Resources has reinforced its uranium footprint in the United States after securing full ownership of 45 new mining claims and one State Mineral lease in Colorado. The acquisition stretches the boundaries of the company’s Maybell uranium project where historical production tipped the scales at 5.3 million pounds of triuranium octoxide running a solid average grade of 1300 parts per million. Okapi Resources has added scale to its North American uranium portfolio. Credit: File ASX-listed Okapi Resources has reinforced its uranium footprint in the United States after securing full ownership of 45 new mining claims and one State Mineral lease in Colorado. The acquisition stretches the boundaries of the company’s Maybell uranium project where historical production tipped the scales at 5.3 million pounds of triuranium octoxide running a solid average grade of 1300 parts per million.

The purchase also includes the procurement of an extensive historical database laden with […]

Click here to view original web page at www.businessnews.com.au

Tracy Weslosky January 3, 2023 No Comments The uranium market had a reasonable 2022 with uranium prices up by 12% . The question on everyone’s mind is what will uranium prices do in 2023?

Given that the world needs to move away from fossil fuels and that nuclear offers reliable baseload power, smart nuclear looks to be a solid bet for the world’s energy future, especially with nuclear energy fueled by uranium now providing the U.S. with 50% of its zero carbon power.

Uranium prices trending higher in recent years Uranium demand vs supply

In the last few years experts have been predicting that we will soon see uranium deficits accompanied by the higher prices needed to encourage new production. The late 2021 uranium price spike and continued rise in prices in 2022 suggests that uranium’s time has finally arrived. Daily InvestorIntel updates Energy Fuels CEO and President, Mark Chalmers, […]

Click here to view original web page at investorintel.com

Each January, we survey the leading financial newsletter advisors asking for their favorite stocks for the coming year. With concerns over global inflation, it is not surprising that commodities are among the most popular sectors. Our MoneyShow Top Picks report 2023 includes 7 favorites among gold, silver, uranium and lithium miners.

The setup in silver is as compelling as I have ever seen it. Silver is a superb inflation hedge, but it’s also crucial to the green energy transition. Silver’s biggest industrial application is solar panels, which require 12% of annual silver supply. But it’s also irreplaceable in EVs, electronics, and medicine.

Pan American Silver (PAAS) is an ideal way to play the huge upside in silver with relatively limited risk. Founded in 1994 by mining legend Ross Beaty, Pan American Silver is the world’s second largest primary silver mining company. It boasts a total 28 years of operations […]

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

RHJ Denison Mines (NYSE: DNN ) continues its efforts to de-risk its high grade Wheeler River project. The recently released positive news regarding the ISR field test at the Phoenix deposit are a major milestone for the company as it demonstrates the viability of the superior ISR mining method at the Athabasca basin. At the same time, the financial position of Denison is strong, potentially paving the way for a non-dilutive production path. While inflation will likely hit the initial capital requirements for Denison’s projects, management seems to have a prudent strategy for their development. Overall, despite the risks that come with a developer stage miner, Denison seems like a good speculative bet on the uranium bull thesis. Company overview

Denison Mines is a Canadian exploration and development uranium company with focus on the Athabasca basin. The company has ownership in a few assets, including the operating McLane Lake […]

Click here to view original web page at seekingalpha.com

Each January, we survey the leading financial newsletter advisors asking for their favorite stocks for the coming year. With concerns over global inflation, it is not surprising that commodities are among the most popular sectors. Our MoneyShow Top Picks report 2023 includes 7 favorites among gold, silver, uranium and lithium miners.

The setup in silver is as compelling as I have ever seen it. Silver is a superb inflation hedge, but it’s also crucial to the green energy transition. Silver’s biggest industrial application is solar panels, which require 12% of annual silver supply. But it’s also irreplaceable in EVs, electronics, and medicine.

Pan American Silver (PAAS) is an ideal way to play the huge upside in silver with relatively limited risk. Founded in 1994 by mining legend Ross Beaty, Pan American Silver is the world’s second largest primary silver mining company. It boasts a total 28 years of operations […]

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

imaginima Investment Thesis

Sprott Inc. (NYSE: SII ) is a Canadian investment company, focused on the precious metals and uranium industries. I have covered the stock many times in the past few years, those articles can be found here . The company has a listing in both the U.S. and Canada.

Assets Under Management is by my calculations almost at a peak level in Q4-22, up around 14% from Q4-22, but the stock price has declined by as much as 24% during 2022. Even if the sentiment has been relatively poor for miners during the year, most producers have still fared better than this without the impressive AUM growth we have seen for Sprott. So, it has led to an excellent opportunity for investors, and I have continued to add to the stock over the last couple of months. Figure 1 – Koyfin Exchange Listed Products Segment

The exchange listed […]

Click here to view original web page at seekingalpha.com

Tracy Weslosky January 3, 2023 No Comments The uranium market had a reasonable 2022 with uranium prices up by 12% . The question on everyone’s mind is what will uranium prices do in 2023?

Given that the world needs to move away from fossil fuels and that nuclear offers reliable baseload power, smart nuclear looks to be a solid bet for the world’s energy future, especially with nuclear energy fueled by uranium now providing the U.S. with 50% of its zero carbon power.

Uranium prices trending higher in recent years Uranium demand vs supply

In the last few years experts have been predicting that we will soon see uranium deficits accompanied by the higher prices needed to encourage new production. The late 2021 uranium price spike and continued rise in prices in 2022 suggests that uranium’s time has finally arrived. Daily InvestorIntel updates Energy Fuels CEO and President, Mark Chalmers, […]

Click here to view original web page at investorintel.com

When it comes to material stocks, different investors have different preferences — some lean heavily towards gold stocks for their ability to provide a hedge against market crashes and inflation. Silver stocks can offer the same benefit, albeit on a smaller scale. More forward-looking investors favour battery metal companies and wait for the electric vehicle (EV) boom to gain more traction.

However, some other material stocks often fly under the radar but may have great potential, especially if the right market conditions are in place. A uranium stock

Zoom→

Uranium has been a coveted material ever since we realized its energy potential. And even though this potential was never fully realized, many countries in the world are waking up to the fact that uranium might be the best “transition fuel,” at least until we can go fully green. Companies like Cameco ( TSX:CCO ) may offer great returns when that happens.This […]

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

According to Bloomberg, the nine investment firms that are currently keeping an eye on shares of Cameco Company (TSE: CCO) (NYSE: CCJ) have given the company’s stock a consensus rating of “buy.” In addition, within their respective publications, five equity research analysts have argued that investors should buy the stock. These analysts’ arguments can be found below. According to the consensus price target among analysts who have covered the company in the preceding year, the stock price is anticipated to trade at $42.67 per share over the next 12 months.

Several research analysts from various companies recently published a report containing their findings on the CCO share market. Bank of America increased its target price on Cameco shares from $42.00 to $47.00 in a report published on Tuesday, November 22. On Monday, October 17, the Canadian financial institution Scotiabank released a report stating that it had decreased its target price […]

Click here to view original web page at beststocks.com

According to Bloomberg Ratings, out of the ten rating agencies that are currently covering Cameco Co. (NYSE: CCJ) (TSE: CCO), the stock has been given an average rating of “Moderate Buy.” This rating was arrived at by considering the ratings those rating agencies offered to the company. As a result, analysts have given this stock five buy recommendations, four sell recommendations, and one neutral recommendation. In addition, the average price target established for the stock by market analysts who have rated the company in the preceding year and have set price targets for it is currently set at $43.00 for the period of the next 12 months.

The CCJ has been in touch with several different research organizations. In a report distributed on Tuesday, October 18th, Scotiabank indicated that the price target it had established for Cameco shares had decreased from $44.00 to $42.00. In a research note published by […]

Click here to view original web page at beststocks.com

Vancouver, BC –News Direct– MarketJar Worldwide efforts to achieve net-zero goals are ongoing, and many nations are beginning to recognize the critical role nuclear energy plays in this race. One of the cleanest forms of power generation is nuclear energy because it doesn’t cause carbon emissions or climate change. In fact, the International Energy Agency estimates that the nuclear sector will need to double in size over the next two decades in order to achieve the global net-zero emissions goals (IEA). In fact, the demand for new, optimized nuclear reactors will require more than $1 trillion in global investment.

Add to that the energy crisis taking place in Europe and it’s easy to see why interest in uranium is gaining momentum. Several countries are already making changes to their nuclear energy policies to extend the life of power plants, creating a potential boom for the uranium market.

The US government approved […]

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

Uranium Royalty Corp. (NASDAQ:UROY) shares, rose in value on Friday, 12/30/22, with the stock price up by 0.85% to the previous day’s close as strong demand from buyers drove the stock to $2.37.

Actively observing the price movement in the last trading, the stock closed the session at $2.35, falling within a range of $2.28 and $2.37. The value of beta (5-year monthly) was 1.94. Referring to stock’s 52-week performance, its high was $5.00, and the low was $2.10. On the whole, UROY has fluctuated by -19.11% over the past month.

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 sitting on a goldmine opportunity as it plans to produce 30,000 tonnes per […]

Click here to view original web page at stocksregister.com

Uranium is not just popular with the retail crowd but with the institutional crowd as well. It really does seem like a no brainer investment given nuclear energy being the solution for base load energy with CO2 free emissions, and the current supply and demand uranium set up.

Things get more interesting as the European Union ban on Russian crude oil goes live on December 5th . There are some issues with the price gap, but this has the potential to send crude oil prices higher! But for uranium investors, this begs the question: will Russian uranium be next? In previous weekly uranium sector roundups, I have written about banks such as Citi being bullish uranium because they see a ban or sanctions on Russian uranium coming. Kazakhstan’s Kazatomprom is also looking at alternative routes to deliver uranium rather than through St Petersburg in case sanctions or a ban is […]

Click here to view original web page at equity.guru

In a year that saw major land-based warfare return to Europe for the first time since the ’90s, global volatility has become an important challenge. Central banks have responded to geopolitical and rising rate-related challenges by buying gold, with the prospect of rates hitting their peak next year and yields stabilizing creating a path for gold and other precious metals next year. For investors looking to reflect on the year in precious metals, consider the top three gold and silver stories for 2022.

Readers were very intrigued by the news that March, defined by Russia’s invasion of Ukraine, sent gold and silver prices up significantly. The invasion’s reverberations across the global economy, ranging from spiking energy costs to fluctuating grain supplies, saw investors seek traditional sanctuaries from volatility like precious metals.

The spike echoed 2020’s pandemic-driven gold price increase, with the piece citing Sprott market strategist Paul Wong and his analysis […]

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30 December

PricewaterhouseCoopers (PwC) has announced the winners of the best Kazakh companies rating by the level of ESG disclosure in annual reports for 2021. The list of 50 companies with the best disclosure practices in the field of sustainable development is formed annually, and only the strongest are nominated in the TOP 10 of the ESG Disclosure Rating. In 2022, NAC Kazatomprom JSC (hereinafter – Kazatomprom or the Company) became its leader.

Disclosure of information on environmental, social and governance aspects is a call of the time and the global community, contributing to long-term and sustainable business development. Qualitative disclosure of ESG information allows us to identify significant risks and opportunities of the current business model, which contributes to more effective adaptation to new challenges. Today, ESG indicators are increasingly influencing the investment attractiveness of a company in the global market, and their disclosure is also becoming an important factor […]

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DUBLIN–( BUSINESS WIRE )–The "Research Report on China’s Uranium Resource Import 2023-2032" report has been added to ResearchAndMarkets.com’s offering.

In recent years, China has seen rapid development of nuclear power. By the end of 2022, China had 53 commercial nuclear power units in operation, with a total installed capacity of 55.6 million kilowatts.

There are 23 nuclear power units under construction, with a total installed capacity of 24.19 million kilowatts. China’s installed capacity of nuclear power generation units under construction has remained the world’s largest for many years. As China’s installed nuclear power capacity rises, so does the country’s demand for uranium resources. Since China’s indigenous uranium resources are poor, with total reserves of no more than 200,000 tons and high mining costs, China needs to import large amounts of uranium resources every year.

In 2021, China’s imports of uranium resources reached 13,613.9 tons, down 18.4% year-on-year, and the import value of […]

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

DUBLIN–(BUSINESS WIRE)–The "Research Report on China’s Uranium Resource Import 2023-2032" report has been added to ResearchAndMarkets.com’s offering. In recent years, China has seen rapid development of nuclear power. By the end of 2022, China had 53 commercial nuclear power units in operation, with a total installed capacity of 55.6 million kilowatts.

There are 23 nuclear power units under construction, with a total installed capacity of 24.19 million kilowatts. China’s installed capacity of nuclear power generation units under construction has remained the world’s largest for many years. As China’s installed nuclear power capacity rises, so does the country’s demand for uranium resources. Since China’s indigenous uranium resources are poor, with total reserves of no more than 200,000 tons and high mining costs, China needs to import large amounts of uranium resources every year.

In 2021, China’s imports of uranium resources reached 13,613.9 tons, down 18.4% year-on-year, and the import value of US$1.31 […]

Click here to view original web page at us.acrofan.com

Even after regulators say uranium mine cleanup is complete, polluted water and sickness are often left behind

Uranium contamination extends several miles in an aquifer under the Bluewater disposal site in New Mexico. (Mauricio Rodriguez Pons / ProPublica) 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 companies rushed to profit, building more than 50 mills and processing sites to refine uranium ore .But the government didn’t have a plan for the toxic byproducts of this nuclear assembly […]

Click here to view original web page at sourcenm.com

Here are your Predictions for 2023 – collected from Livewire and Marcus Today Members. Let’s start with a few of your statements : No-one knows so what follows is not prediction, its guesswork.

My prediction for 2023 is that I will be wrong most of the time but right when it counts.

Follow the trend – it is your only friend.

On a daily basis the ASX 200 will go up 53% of the time (20 year statistical fact) – it’s not much of an edge. React don’t predict.Surprises for 2023 Central bankers falling on their swords and admitting incompetence. China gets back on track (looks like they have given up already – 250m people or 18% of the population has had COVID in December and they are lifting quarantine restrictions and opening borders).Rate cuts . Crypto will either go significantly down or […]

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