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Two leading lights of the WA resources industry have emerged as major shareholders of battery minerals explorer Bellavista Resources (BVR) , which makes its eagerly-awaited share market debut today.

Capricorn Resources (ASX: CMM) executive chairman Mark Clark and Bellevue Gold (ASX: BGL) managing director Steve Parsons have each acquired a 10 per cent stake in Bellavista while Capricorn CEO Kim Massey and Bellevue non-executive director, Michael Naylor, will each have a 6 per cent stake.

In addition to these high-profile shareholders, a number of globally significant institutions have invested and will own approximately 12 per cent of the company.On listing, the top 20 shareholders will account for 59 per cent of the company.The Bellavista Prospectus closed heavily over-subscribed on its first day after the company raised $6.5 million in its Initial Public Offering.Bellavista will have a market capitalisation of $13.3 million based on its IPO price of 20c a […]

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~58.3 square mile (~37,300 acre) heavy mineral sand position has potential to feed the Company’s White Mesa Mill with rare earth element and uranium bearing natural monazite sand for decades

LAKEWOOD, Colo., May 19, 2022 /CNW/ – Energy Fuels Inc. ( NYSE American: UUUU ) ( TSX: EFR ) ( "Energy Fuels" or the "Company" ) is pleased to announce that it has entered into binding agreements (the " Purchase Agreements ") to acquire seventeen (17) mineral concessions (the " Transaction ") between the towns of Prado and Caravelas in the State of Bahia, Brazil totaling 15,089.71 hectares (approximately 37,300 acres or 58.3 square miles) (the " Bahia Project "). The Bahia Heavy Mineral Sand & Rare Earth Project (CNW Group/Energy Fuels Inc.) Based on significant historical drilling performed to date, it is believed that the Bahia Project holds significant quantities of heavy minerals, including monazite, that will feed […]

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Largely absent from the spot market in 2022, utilities last week decided volatility had led the uranium spot price down far enough.

-Spot uranium price falls again on general market volatility
-Utilities pop their heads up
-Activity in term markets remains buoyant

Having all but abandoned a uranium spot market beholden to wider financial market volatility, utilities took advantage of yet another big swoon on markets last week, specifically on Wall Street, which had the spot uranium price tumbling once more.One might be drawing a long bow to connect earnings results from a US grocery chain and a discount retail chain with the demand/supply fundamentals of the nuclear energy industry, but having been sucked into the black hole of financial speculation, the spot uranium market is now but another financial plaything.Industry consultant TradeTech’s weekly spot price indicator fell another -US$4.50 to US$45.50/lb last week in transactions totalling 600,000lbs U3O8 […]

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US Nuclear Corp. (OTC-QB: UCLE) stands to benefit dramatically from today’s unprecedented challenges in energy production. Big investors and government entities are buying up uranium mines, uranium metal, and investing in the new SMR Small Nuclear Reactors, because they sense an upcoming nuclear power renaissance as the world tries to pivot away from climate changing carbon fuels, especially Russian oil, gas, and coal, while at the same time fearing skyrocketing fuel prices. The last solution remaining to fill this vital gap is nuclear power.

Global demand for oil and gas is challenging capacity and creating unprecedented need for nuclear energy. Wind and solar are major energy providers, but their energy density is far too low to fill the gap

In addition to being a powerful and reliable energy source, nuclear energy is carbon-free

Uranium price has been rising sharply for the past year which tends to […]

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Uranium Energy Corp. (AMEX:UEC) went down by -1.46% from its latest closing price compared to the recent 1-year high of $6.60. The company’s stock price has collected -2.03% of loss in the last five trading sessions.

Plus, the 36-month beta value for UEC is at 2.04. Opinions of the stock are interesting as 3 analysts out of 4 who provided ratings for Uranium Energy Corp. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 1 rated it as “hold,” and 0 as “sell.”

Here’s Your FREE Report on the #1 Small-Cap Uranium Stock of ’22.
Small-cap Uranium stocks are booming in 2022! The company we’re about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one! […]

Click here to view original web page at newsheater.com

Uranium glass has a soft colour and distinctive glow that comes from the uranium added as the glass was created. It’s slightly radioactive, enough to register on Geiger counters. But the levels are about the same as electrical appliances like microwave ovens emit, so they represent no threat to health. Miners are racing to revive projects mothballed after the Fukushima disaster spurred by a leap in yellowcake prices after Russia’s invasion of Ukraine. Credit: Reuters Pictures/Facebook Spot prices for uranium have doubled from lows of $28 per pound last year to $64 in April, sparking the rush on projects set aside after a 2011 earthquake and tsunami crippled Japan’s Fukushima nuclear power plant.

"Things are moving very quickly in our industry, and we’re seeing countries and companies turn to nuclear with an appetite that I’m not sure I’ve ever seen in my four decades in this business," Tim Gitzel, CEO […]

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Credit: REUTERS/Sonali Paul By Praveen Menon and Sonali Paul

SYDNEY/MELBOURNE, May 20 (Reuters) – Uranium miners are racing to revive projects mothballed after the Fukushima disaster more than a decade ago, spurred by renewed demand for nuclear energy and a leap in yellowcake prices after Russia’s invasion of Ukraine.

Spot prices for uranium have doubled from lows of $28 per pound last year to $64 in April, sparking the rush on projects set aside after a 2011 earthquake and tsunami crippled Japan’s Fukushima nuclear power plant.

"Things are moving very quickly in our industry, and we’re seeing countries and companies turn to nuclear with an appetite that I’m not sure I’ve ever seen in my four decades in this business," Tim Gitzel, CEO of Canada’s Cameco CCO.TO, which mothballed four of its mines after Fukushima, said on a May 5 earnings call .Uranium prices began to rise in mid-2021 as several countries […]

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

This article is an extract from GTDT Mining 2022. Click here for the full guide .

The global mining economy commenced 2021 on an upswing and continued with strong contributions to the global economy despite the ongoing impact of the covid-19 pandemic on industries around the world. The past year has demonstrated the resiliency of the mining industry and today the mining industry is a crucial component in pandemic recovery efforts. Trends in the industry today include a growing focus on mining companies’ environmental, social and governance commitments and opportunities for green energy transition.

North America and Greenland

In Canada, the mining sector accounts for a significant portion of the economy. Canada is a leading global producer of several minerals and metals, most notably in the production of cobalt, diamonds, gold, nickel, potash, platinum group metals, primary aluminium, salt, titanium concentrates and uranium.Key exports include aluminium, coal, copper, diamonds, gold, iron ore, […]

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

Credit: REUTERS/Sonali Paul By Praveen Menon and Sonali Paul

SYDNEY/MELBOURNE, May 20 (Reuters) – Uranium miners are racing to revive projects mothballed after the Fukushima disaster more than a decade ago, spurred by renewed demand for nuclear energy and a leap in yellowcake prices after Russia’s invasion of Ukraine.

Spot prices for uranium have doubled from lows of $28 per pound last year to $64 in April, sparking the rush on projects set aside after a 2011 earthquake and tsunami crippled Japan’s Fukushima nuclear power plant.

"Things are moving very quickly in our industry, and we’re seeing countries and companies turn to nuclear with an appetite that I’m not sure I’ve ever seen in my four decades in this business," Tim Gitzel, CEO of Canada’s Cameco CCO.TO, which mothballed four of its mines after Fukushima, said on a May 5 earnings call .Uranium prices began to rise in mid-2021 as several countries […]

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

HALIFAX – Namibia Critical Metals Inc. (‘Namibia Critical Metals’ or the ‘Company’ or ‘NMI’) (TSXV: NMI) (OTC PINK: NMREF) announced that Bannerman Energy Limited, an Australian listed uranium development company, has issued a news release on May 18, 2022 announcing it has entered into an agreement to acquire 82,290,680 common shares (41.8%) of NMI pursuant to a private share purchase agreement with two shareholders of the Company, including Philco 192 (Pty) Ltd. which holds 75,201,603 shares (38.2%) of NMI.

Bannerman has announced that the NMI Share Acquisition is expected to complete within 30 days.

The NMI Share Acquisition by Bannerman offers significant strategic alignment and development synergies with Bannerman’s flagship Etango Uranium Project in Namibia.

The Company also announced today that Steve Kapp will not be standing for re-election at the Company’s Annual and Special Meeting to be held on May 19, 2022. The Company intends to identify a replacement for Mr. […]

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Forward-Looking Statements The information disclosed in this quarterly report, and the information incorporated by reference herein, include "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). Forward-looking statements include, but are not limited to, statements regarding our or our management’s expectations, hopes, beliefs, intentions or strategies regarding the future. In addition, any statements that refer to projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking statements. The words "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "might," "plan," "possible," "potential," "predict," "project," "should," "would" and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. The forward-looking statements contained or incorporated by reference in this quarterly report are based […]

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~58.3 square mile (~37,300 acre) heavy mineral sand position has potential to feed the Company’s White Mesa Mill with rare earth element and uranium bearing natural monazite sand for decades

Energy Fuels Inc. ( NYSE American: UUUU ) ( TSX: EFR ) ( " Energy Fuels " or the "Company" ) is pleased to announce that it has entered into binding agreements (the " Purchase Agreements ") to acquire seventeen (17) mineral concessions (the " Transaction ") between the towns of Prado and Caravelas in the State of Bahia, Brazil totaling 15,089.71 hectares (approximately 37,300 acres or 58.3 square miles) (the " Bahia Project ").

Based on significant historical drilling performed to date, it is believed that the Bahia Project holds significant quantities of heavy minerals, including monazite, that will feed Energy Fuels ‘ quickly emerging U.S.-based rare earth element (" REE ") supply chain. The Bahia Project has […]

Click here to view original web page at investingnews.com

View of Dampierre nuclear power plant (Stock Image) Uranium miners are racing to revive projects mothballed after the Fukushima disaster more than a decade ago, spurred by renewed demand for nuclear energy and a leap in yellowcake prices after Russia’s invasion of Ukraine.

Spot prices for uranium have doubled from lows of $28 per pound last year to $64 in April, sparking the rush on projects set aside after a 2011 earthquake and tsunami crippled Japan’s Fukushima nuclear power plant.

“Things are moving very quickly in our industry, and we’re seeing countries and companies turn to nuclear with an appetite that I’m not sure I’ve ever seen in my four decades in this business,” Tim Gitzel, CEO of Canada’s Cameco, which mothballed four of its mines after Fukushima, said on a May 5 earnings call.

Uranium prices began to rise in mid-2021 as several countries seeking to limit climate change said they […]

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

US nuclear utilities have only 16 months of inventory, and the EU has only two years’ worth

COVID and Russia/Ukraine war have impacted supply chain security and pushed up prices

Geopolitically stable locations will have the advantage as industry rushes to meet demand

The International Atomic Energy Agency’s (IAEA) Uranium Production Specialist Dr Adrienne Hanly has flagged that uranium inventories are precariously low.At the recent World Nuclear Fuel Cycle conference in London, Dr Hanly said uranium fuel inventory levels for US nuclear utilities are at just 16 months of requirements – below recommended 2+ years minimum.And that US utilities may have limited capability to independently manage a protracted supply disruption.Compounding this, EU stocks on aggregate equate to two years’ supply, but many individual utilities fall far short of this ESA-prescribed benchmark. Here are the most important 3 slides from Ms. Hanly’s talk. Show #uranium inventories in the U.S. […]

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

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 price […]

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Vancouver, BC, May 19, 2022 (GLOBE NEWSWIRE) — Skyharbour Resources Ltd.’s (TSX-V: SYH ) (OTCQB: 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.globenewswire.com

US nuclear utilities have only 16 months of inventory, and the EU has only two years’ worth

COVID and Russia/Ukraine war have impacted supply chain security and pushed up prices

Geopolitically stable locations will have the advantage as industry rushes to meet demand

The International Atomic Energy Agency’s (IAEA) Uranium Production Specialist Dr Adrienne Hanly has flagged that uranium inventories are precariously low.At the recent World Nuclear Fuel Cycle conference in London, Dr Hanly said uranium fuel inventory levels for US nuclear utilities are at just 16 months of requirements – below recommended 2+ years minimum.And that US utilities may have limited capability to independently manage a protracted supply disruption.Compounding this, EU stocks on aggregate equate to two years’ supply, but many individual utilities fall far short of this ESA-prescribed benchmark. Here are the most important 3 slides from Ms. Hanly’s talk. Show #uranium inventories in the U.S. […]

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