Category: Uranium

Historically low supply and booming demand as the world recovers from COVID-19 make for ideal conditions to invest in commodities. There’s never been a better time to own commodities, according to US investment bank Goldman Sachs, which has bullishly forecast a decade-long commodity “super cycle”.

In a recent Bloomberg TV interview, the bank’s global head of commodities research Jeff Currie said he’s never in his 30-year career seen commodity markets pricing in the shortages they are right now.

Describing the current global economy as an “unprecedented” environment, Mr Currie highlighted the severe backwardation of most commodities’ price curves.

Backwardation is a market structure that indicates the cost of delivery today is higher than tomorrow. This event has only occurred seven times in the last 50 years and Mr Currie attributes it to “textbook shortages”.“2008 was a financial crisis – this is a molecule crisis. We’re out of everything: oil, gas, coal, copper, […]

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

Chief Executive Officer Paul Goranson stated "enCore appreciates the speed of the NRC in handling our license transfer from the Azarga acquisition. This license, issued in 2014 by the NRC, authorizes the production of uranium using in-situ recovery technologies at the Company’s Dewey-Burdock Project located in South Dakota, a key component in enCore Energy’s mid and long term production objective. Our immediate production focus remains our South Texas Rosita ISR uranium project, now under development, with a planned production date of 2023.

The Company also announces that it has granted incentive stock options (the "Options") to certain of its directors, officers, employees and consultants to purchase an aggregate of up to 7,090,000 common shares in the capital of the Company at a price of $1.40 per share for a five year period, in accordance with its Stock Option Plan. Vesting will occur over a period of twenty-four months, with […]

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

One way to take advantage of penny stocks on the rise is by using the “momentum trading strategy.” There are many different strategies in trading. And this one requires finding out which stocks are doing well. For example, those that have gone into an uptrend. The momentum strategy capitalizes on temporary bulls in the market.

For example, if a penny stock has begun rising for a week or two, that would get some attention. It can be easy to find these. Because lots of people are talking about them. You could buy into that stock, then buy out some time later and make a profit.

How do we use this strategy? Find more long-term increases in sustainable businesses. And we want them to be industries that are growing as time progresses. So, I’ve outlined a few for you to investigate.

Penny stocks are very volatile. If you are investing money that you […]

Click here to view original web page at investmentu.com

VANCOUVER, British Columbia, Feb. 16, 2022 (GLOBE NEWSWIRE) — American Lithium Corp . (“American Lithium” or the “Company”) (TSX-V:LI | OTCQB:LIACF | Frankfurt:5LA1) is pleased to announce excellent uranium leach test results from recent work completed at Australian Nuclear Science and Technology Organization (“ANSTO Minerals”) and TECMMINE Mineral Processing Consultants, based in Lima, Peru. These results are from work carried out on uranium mineralization from five of the Company’s uranium deposits on the Macusani Uranium Project (“Macusani”) in southeastern Peru and confirm excellent extraction, low acid consumption and short leach cycle times.

ANSTO Minerals is a globally respected consultancy with world leading experience in uranium and lithium processing and played a key role in proving the ability to produce battery grade lithium carbonate from Falchani. While COVID 19 caused significant disruption in Australia with delays and closures impacting most businesses including ANSTO, with the situation now improving, the Company […]

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

Drilling at the East Preston Project commenced on January 24 th , and to date, 1,334 meters has been completed in 6 drill holes. After some initial startup delays due to the extreme cold weather, two drill rigs are now operational on the project. Four drill holes are complete and two are in progress on the G-Zone. One drill rig is being moved to the K-Zone. See figure 2 for corresponding locations.

Winter 2022 Diamond Drilling Program

TerraLogic Exploration Inc. is executing the winter 2022 diamond drilling program under the guidance and supervision of Azincourt’s Vice President, Exploration, Trevor Perkins, P.Geo, and Jarrod Brown, M.Sc., P.Geo, Chief Geologist and Project Manager with TerraLogic Exploration. The program is planned for approximately 6,000m of drilling in 30-35 drill holes. Drilling will focus on the A-G and K-H-Q trends and commenced in the G-Zone where the 2021 drill program ended. The program […]

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

TSX Venture Exchange: BSK
Frankfurt Stock Exchange: MAL2
OTCQB Venture Market: BKUCF

VANCOUVER, BC, Feb. 14, 2022 /PRNewswire/ – Blue Sky Uranium Corp. (TSXV: BSK) (FSE: MAL2) (OTC: BKUCF) , ("Blue Sky" or the "Company") announces that the Company has made an application to the TSX Venture Exchange (" TSXV ") to extend the term of the outstanding warrants as follows: Blue Sky Uranium Corp. Logo (CNW Group/Blue Sky Uranium Corp.) 7,258,500 that are set to expire on February 28, 2022 to be extended to February 28, 2023. These warrants were originally issued on March 1, 2018 and originally set to expire on February 28, 2020 as part of the units issued under a private placement completed by the Company in February 2018. On January 23, 2020, the Company received TSXV approval to extend the expiry date to February 28, 2022. The warrants are also subject to an […]

Click here to view original web page at stockhouse.com

Ken Wheatley, Forum’s Vice President, Exploration stated, "We are quite excited about this drill program, bringing new techniques and models to an older project in an area that is prolific for uranium deposits. We will be testing targets that exhibit a combination of structurally offset graphitic conductors with associated gravity lows. Any mineralization found would provide the nearby Cameco and Orano/Denison uranium mills with easy access to mill feed."

Rick Mazur, President & CEO commented, "We commend the Hatchet Lake Denesuline First Nation for their input on the project parameters during the engagement process and their collaboration in providing services to Forum for execution of this drill program."

The Wollaston project is located just outside the margin of the overlying Athabasca sandstone and is prospective for basement-hosted unconformity style uranium deposits (Eagle Point, Arrow). The northeastern area of the Athabasca Basin is well endowed with uranium deposits that […]

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

NEW YORK, Feb. 15, 2022 (GLOBE NEWSWIRE) — OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets for over 11,000 U.S. and global securities, today announced Boss Energy Ltd (ASX: BOE; OTCQX: BQSSF) has qualified to trade on the OTCQX® Best Market. Boss Energy Ltd upgraded to OTCQX from the OTCQB® Venture Market.

Boss Energy Ltd begins trading today on OTCQX under the symbol “BQSSF.” U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com .

The OTCQX Market is designed for established, investor-focused U.S. and international companies. To qualify for OTCQX, companies must meet high financial standards, follow best practice corporate governance and demonstrate compliance with applicable securities laws. Graduating to the OTCQX Market marks an important milestone for companies, enabling them to demonstrate their qualifications and build visibility among US investors.

Boss Managing Director Duncan Craib said: “Boss is pleased to […]

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

As Russian troops gather at the Ukraine border a war looks imminent. U.S intelligence has warned that Russia is likely to invade Ukraine as early as this week. Investors can look at ways to protect and position their portfolio if the Russian invasion goes ahead, as is widely expected.

Based on the February 27, 2014, Russian invasion that took control of the Crimean Peninsula from Ukraine, any invasion may meet with limited resistance. The 2014 invasion and takeover of Crimea was completed in only a month. Of course, on this occasion the whole of Ukraine is at risk and the Ukrainian military response should be a lot greater.

Russia and Ukraine look to be on the brink of war Russia – Ukraine War Source: iStock

Sanctions on Russia will likely be the key response from the West If Russia invades then the most likely outcome is that very heavy […]

Click here to view original web page at investorintel.com

Toronto, Ontario and Nucla, Colorado, Feb. 14, 2022 (GLOBE NEWSWIRE) — Western Uranium & Vanadium Corp. (CSE:WUC) (OTCQX:WSTRF) (“Western” or ”Company”) is providing the following Company updates:

Sunday Mine Complex – GMG Ore Body: Production Update
The first phase of the ongoing Sunday Mine Complex project was to define and develop the GMG Ore Body (“GMG”); however after 30 feet of waste rock removal high-grade uranium ore has been intersected continuously. Thus the team began mining the ore in front of them, from the main drift (tunnel), without targeting the highest grade ore zones. Because of the project’s success, the mining contractor began probing and logging the 10-ton load hauls. On 25 individual days from December to early February, the mining contractor probed and logged each of the 200 load hauls five times; the 2,000 tons of new production was moved into four separate underground stockpiles. The mining […]

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

CCJ Stock Cameco Corp (NYSE: CCJ) released its 2021 financial results last week, and the stock spiked but has since fallen back. Over the past year, CCJ stock is up by 31%. Do Cameco shares make a good long-term investment? What is Cameco?

Cameco Corp. engages in the provision of uranium. The company operates uranium mines in North America and via its stake in Kazatomprom in Kazakhstan. The company operates a Uranium segment and a Fuel Services segment.

Its Uranium business explores, mines, mills, buys and sells uranium concentrate. In contrast, its Fuel Services unit refines, converts, and fabricates uranium concentrate and buys and sells conversion services.

Cameco Corp was founded in 1988 and is headquartered in Saskatoon, Canada. Cameco was government-owned in the nineties, then privatized in 2002. How does Cameco make money? Cameco makes money selling uranium or processing the uranium via fuel services. It also earns dividends on […]

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

Cameco will restart furloughed production, at a slower rate, while European taxonomy has Macron eyeing off a swathe of new reactors.

-Cameco to restart McArthur River
-Macron wants to build 14 reactors
-SPUT piles back into the uranium spot market

Canada’s Cameco reported December quarter earnings last week, and revealed a new “supply discipline”, industry consultant TradeTech reports.The uranium miner’s McArthur River mine and Key Lake Mill, previously furloughed due to weak uranium prices and then covid, will restart production/processing in 2024 targeting 15mlbs annual U3O8 output. However 15mlbs is -40% below licensed capacity.Production at Cameco’s Cigar Lake mine will at the same time be reduced to an annual 13.5mlbs, or -25% below capacity. The net result is group production -33% below capacity.The intention is to extend the life of Cigar Lake, in a time of an unbalanced uranium market, and to postpone the need for new projects in […]

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

Higher uranium confidence and a maiden vanadium resource are on the cards for Aura. Pic: The Road to El Dorado, Dreamworks Studios (2000). share

After a massive year of buildup at the already viable Tiris Uranium Project, Aura Energy shareholders are staring down first half returns as AEE readies for a regional exploration program aimed at enhancing resources as the company continues to transition from a uranium explorer to producer.

Aura Energy’s (ASX:AEE) fully permitted Tiris Uranium Project is now positioned to upgrade Inferred resources to the Measured and Indicated categories by reducing drillhole spacing within the Tiris East project area.

Drilling is set to commence in the first half of the year on areas of the current Inferred resource within the catchment area of the proposed plant site, as the company leans into its transition towards becoming a fully-fledged uranium producer.The previous resource drilling programme in 2017 focused […]

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

Uranium Energy Quadrature Capital Ltd purchased a new stake in Uranium Energy Corp. (NYSEAMERICAN:UEC) during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 10,200 shares of the basic materials company’s stock, valued at approximately $31,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. The Manufacturers Life Insurance Company lifted its stake in shares of Uranium Energy by 1.6% during the third quarter. The Manufacturers Life Insurance Company now owns 126,387 shares of the basic materials company’s stock valued at $385,000 after buying an additional 1,966 shares during the period. HighTower Advisors LLC lifted its stake in shares of Uranium Energy by 2.1% during the third quarter. HighTower Advisors LLC now owns 99,672 shares of the basic materials company’s stock valued at $304,000 after buying an additional […]

Click here to view original web page at etfdailynews.com

TSX Venture Exchange: BSK
Frankfurt Stock Exchange: MAL2
OTCQB Venture Market: BKUCF

VANCOUVER, BC, Feb. 14, 2022 /PRNewswire/ – Blue Sky Uranium Corp. (TSXV: BSK) (FSE: MAL2) (OTC: BKUCF) , ("Blue Sky" or the "Company") announces that the Company has made an application to the TSX Venture Exchange (" TSXV ") to extend the term of the outstanding warrants as follows: Blue Sky Uranium Corp. Logo (CNW Group/Blue Sky Uranium Corp.) 7,258,500 that are set to expire on February 28, 2022 to be extended to February 28, 2023. These warrants were originally issued on March 1, 2018 and originally set to expire on February 28, 2020 as part of the units issued under a private placement completed by the Company in February 2018. On January 23, 2020, the Company received TSXV approval to extend the expiry date to February 28, 2022. The warrants are also subject to an accelerator (see […]

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

As their name implies, penny stocks are stocks that trade below $1 per share. However, in a broader scope, the term can also refer to stocks trading below $5 per share.

Among the benefits of penny stocks, investors can buy large quantities of them with little money and can generate large valuations quickly due to their high volatility and generally little Wall Street coverage.

However, be aware that penny stocks also represent an investment considered high risk because it is very much based on speculation.

Below, we list some companies with good potential in their markets that currently have a share price below $5. ( Read more from Wall Street Memes: ARK Innovation ETF: Have The Discipline To Limit Losses ) Sundial Growers – $SNDL Worth half a dollar, Sundial Growers ( SNDL ) – Get Sundial Growers Inc. Report enjoys enormous popularity among Reddit users because of its cannabis-oriented business. Figure […]

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

Increased Investment in the Space Industry Across the World Is Acting as a Driver for the Growth of the Nuclear Materials Market.

Nuclear materials market size is forecast to reach US$94.8 billion by 2027, after growing at a CAGR of 3.5% during 2022-2027, owing to the rising demand for nuclear materials such as plutonium isotopes, thorium, and uranium from various end-use industries such as medical, energy & power, aerospace, oil and gas, and others. The nuclear materials industry is driven by an increase in demand for electricity generation across the world. In addition, the demand for the nuclear materials market is been accelerated with the growing demand for its use in the aircraft and marine industry. Furthermore, the rapid growth of the defense sector has also increased its demand, thereby, enhancing the growth of the nuclear materials market. All these factors accumulatively are driving the growth of the nuclear […]

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

Penny stocks are some of the highest risk types of stocks you can find. With that risk can come opportunity for big rewards, so it doesn’t hurt to search for trends that can help. Today, energy stocks seem to have gotten recharged after Enphase Energy ( NASDAQ: ENPH ) reported earnings. But there’s more to this than just an earnings beat. Are Penny Stocks Worth It? – ENPH Case Study

Believe it or not, Enphase was a penny stock not that long ago. Even throughout the pandemic, it has managed to experience explosive gains. Anyone holding shares from the start of 2019 when it was still considered a penny stock is probably pretty happy. That’s because on January 2, 2019, ENPH stock traded under $5 a share. This week, ENPH stock hit new 2022 highs of $180.50 during early premarket trading on February 9th.

The energy technology company’s shares skyrocketed […]

Click here to view original web page at pennystocks.com

Vancouver, British Columbia–(Newsfile Corp. – February 9, 2022) – ALX Resources Corp. (TSXV: AL) (FSE: 6LLN) (OTC: ALXEF) ("ALX" or the "Company") is pleased to update its shareholders on the status of its mineral exploration programs, both planned and underway, in Saskatchewan and Ontario, Canada.

Alligator Lake, SK

The Alligator Lake Gold Project ("Alligator") is located approximately 165 kilometres (103 miles) northeast of La Ronge, SK, Canada. The Project consists of five claims totaling 2,973 hectares (7,347 acres) and is prospective for high-grade gold mineralization.

ALX commenced the 2022 exploration in mid-January 2022, projected to consist of 8 drill holes totaling approximately 1,000 metres. To date, three diamond drill holes have been completed for a total of approximately 530 metres, with a fourth hole underway. Visible gold was observed in hole AL22-01, the first hole of the program, at a depth of 99.48 metres in a series of fine fractures […]

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

VANCOUVER, BC / ACCESSWIRE / February 10, 2022 / Sassy Resources Corporation ("Sassy" or the "Company") (CSE:SASY) (FSE:4E7) (OTCQB:SSYRF) has completed the definitive option agreement (the "Agreement") for the Highrock Uranium Project in Saskatchewan, south of Cameco’s Key Lake site, with project operator

Mobilization for access to the Highrock drill sites by a winter haul road is in progress with the start of drilling anticipated this month.

Mr. Mark Scott, Sassy CEO, commented, "We are very pleased to have completed the definitive option agreement for the Highrock Project, following up on the terms laid out in the original Letter of Intent signed with Forum Energy Metals in early January. We have high quality drill targets at Highrock, offering shareholders excellent leverage to a potential new discovery and uranium market upside this year and beyond."

As announced January 6, 2022, Sassy signed a binding Letter of Intent (the "LOI") with Forum […]

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

Uranium plays a pivotal role in producing nuclear power. As a result, investors looking to capitalize on the long-term growth potential of nuclear energy, might be interested in learning more about uranium stocks.

To be sure, uranium stocks are highly risky–most have low market caps below $1 billion, and only a few pay dividends to shareholders.

However, like many commodities sectors, uranium stocks could provide attractive long-term growth, as demand for nuclear power rises around the world.

With this in mind, we created a list of 40 uranium stocks. You can download a copy of the uranium stocks list (along with important financial metrics such as dividend yields and P/E ratios) by clicking on the link below: Click here to download my Uranium Stocks Excel Spreadsheet now . Keep reading this article to learn more.This article will give an overview of the uranium industry, and the top 3 uranium stocks now. Table […]

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