Category: Uranium

Workers at Global Atomic’s Dasa uranium project in Niger. Credit: Global Atomic. Be it gold, copper or uranium, the African continent has powerful resources for mining. And there are several industry-friendly governments that are ready to secure their futures with new resource projects .

AFRICAN GOLD GROUP

African Gold Group (TSXV: AGG; US-OTC: AGGFF) has set its sights on building Africa’s next mid-tier gold producer. A definitive feasibility study was filed in July 2020 for its 100%-owned Kobada gold project in Mali. Developing the project would require a capital expenditure of US$125 million, plus a US$11 million contingency.

The study forecast the post-tax net present value at a 5% discount rate would be $266 million with an internal rate of return of 41.1% at a gold price of US$1,530 per ounce. The mine would produce 100,000 oz. gold per year for the first five years and a total of 728,654 oz. […]

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TORONTO, April 28, 2021 (GLOBE NEWSWIRE) — Sprott Inc. (“Sprott”) (NYSE/TSX: SII) announced today that Sprott Asset Management LP (“Sprott Asset Management”), a wholly-owned subsidiary of Sprott has entered into a definitive agreement with Uranium Participation Corporation (“UPC”) (TSX: U) pursuant to which UPC shareholders will become unitholders of the Sprott Physical Uranium Trust (the “Trust”), a newly-formed entity managed by Sprott Asset Management.

UPC is the world’s largest publicly traded investment vehicle providing investors an opportunity to gain exposure to the price of uranium, outside of a traditional mining company, through holdings of physical uranium in the form of uranium oxide in concentrates (“U3O8”) and uranium hexafluoride (“UF6″). At the end of March 2021, UPC reported holding 16,269,658 pounds U3O8 and 300,000 KgU as UF6, with a then market value of approximately C$665 million.

“Sprott Asset Management currently manages four physical commodity funds with approximately US$12 billion in assets under […]

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The current spot price of around US$30 per pound of uranium is well above the multi-year low. However, a higher price is still needed to generate profits. For the construction of new uranium mines, the uranium price would probably have to be significantly higher. The current positive mood has also had an impact on the uranium companies, many of whose share values have risen. Following the widespread shutdown of Japanese reactors after the Fukushima disaster, a uranium surplus had built up. In the uranium industry, contracts are long-term and expensive long-term contracts were in place.

In 2016, for example, uranium cost only $18 per pound. Then in 2018, relatively late, producers such as industry heavyweight Kazatomprom reduced their uranium production. Cameco, another uranium giant, put its McArthur River mine into maintenance mode. Rio Tinto sold a large part of its […]

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“ The report titled Global Uranium Mine Market is one of the most comprehensive and important additions to QY Research’s archive of market research studies. It offers detailed research and analysis of key aspects of the global Uranium Mine market. The market analysts authoring this report have provided in-depth information on leading growth drivers, restraints, challenges, trends, and opportunities to offer a complete analysis of the global Uranium Mine market. Market participants can use the analysis on market dynamics to plan effective growth strategies and prepare for future challenges beforehand. Each trend of the global Uranium Mine market is carefully analyzed and researched about by the market analysts.The market analysts and researchers have done extensive analysis of the global Uranium Mine market with the help of research methodologies such as PESTLE and Porter’s Five Forces analysis. They have provided accurate and reliable market data and useful recommendations with an […]

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Source: Denison Mines Facebook Uranium mining companies have seen their stock prices soar in 2021. The surge has been driven by positive momentum in uranium prices. Denison Mines is one company that’s on many investors’ watchlist right now due to its recent stock price surge. What is Denison Mines’ (DNN) stock forecast for 2021?

Denison Mines is a uranium exploration and development company . Its assets are focused in the Athabasca Basin region of northern Saskatchewan, Canada. The company is engaged in mine decommissioning and other environmental services through its Closed Mines Operations division. Why Denison Mines stock is rising

Denison Mines stock has risen by nearly 60 percent YTD. One of the reasons for the uptrend in the stock in general for 2021 is investors’ enthusiasm for green energy stocks. Uranium mining stocks have risen sharply since Biden took office.

Another company-specific factor that propelled the stock higher was […]

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VANCOUVER, BC, April 27, 2021 /PRNewswire/ – Uranium Royalty Corp. (TSXV: URC) ("Uranium Royalty" or the "Company") is pleased to announce that the Company has received approval from the Nasdaq Stock Market LLC (the "Nasdaq") to list its issued and outstanding common shares ("Common Shares") on the Nasdaq Capital Market.

Uranium Royalty’s Common Shares are expected to commence trading on the Nasdaq Capital Market at the open of market trading on April 28, 2021 under the trading symbol " UROY ".

Scott Melbye, CEO of Uranium Royalty, commented: "We are pleased to announce our listing on the Nasdaq, which as a national U.S. securities exchange is home to companies that are at the forefront of the electrification and decarbonization megatrends. In addition to being the world’s first pure play uranium royalty business, we will have the unique position of being the only uranium-focused company on the Nasdaq. This capital markets positioning […]

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Carester SAS is recognized as one of the leading global experts on rare earth separation Significant experience in processing natural monazite feeds into value-added rare earth products Potential to restore a fully-integrated commercial U.S. rare earth supply chain within the next two to three years Energy Fuels Inc. is pleased to announce that it has engaged Carester SAS to prepare a scoping study for the … Carester SAS is recognized as one of the leading global experts on rare earth separation

Significant experience in processing natural monazite feeds into value-added rare earth products

Potential to restore a fully-integrated commercial U.S. rare earth supply chain within the next two to three years

Energy Fuels Inc. (NYSE: UUUU ) (TSX: EFR) (“ Energy Fuels ” or the “Company”) is pleased to announce that it has engaged Carester SAS (” Carester “) to prepare a scoping study for the […]

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Blue Sky Uranium Corp. (BSK:TSX.V; BKUCF:OTCQB; MAL2:FSE) controls a district-scale (300,000-hectare) uranium and vanadium exploration project in southern Argentina.

Uranium is required for nuclear power plants. Like aeroplanes, when something goes wrong with nuclear – it’s dramatic – it makes headlines and burns into everyone’s brain.

But judged by the cold metric of human deaths per Kilowatt/hour— nuclear reactors are safer than solar power .

[A DYI home-owner in Oregon keeled off his garage roof while installing a solar panel—and it skewed the data].Nuclear energy now supplies 10% of the world’s electricity and is responsible for one-third of global carbon-free electricity.Vanadium is used as a steel additive in crankshafts, gears, tools and knives. Brain surgeons typically use vanadium scalpels.After a series of deadly building collapses , the Standardization Administration for the People’s Republic of China announced a new rebar standardr— requiring the use of vanadium. BSK is part of the Grosso Group, […]

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Nuclear Fuels market report thoroughly expounds on the contingencies created by Covid-19 pandemic in micro-market across regions, and how this governs the overall growth matrix.

The latest research report on Nuclear Fuels market organizes latest data to cater to all the requirements of investors, businesses, and stakeholders looking to enhance their revenue flow in the forthcoming years. In particular, the document offers a comprehensive analysis of the critical factors such as the growth drivers, restraints, and opportunities shaping the industry dynamics. Apart from this, several segments of the market are individually appraised as per their growth potential and dollar opportunity, followed by a complete examination of the competitive backdrop.

!! Due to the pandemic, we have included a special section on the Impact of COVID 19 on the Market which would mention How the Covid-19 is Affecting the Nuclear Fuels Market !!

Get More Information on this Report, Download […]

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LAKEWOOD, Colo., April 23, 2021 /CNW/ – Energy Fuels Inc. (NYSE: UUUU) (TSX: EFR ) ("Energy Fuels" or the "Company") is pleased to announce that the U.S. Department of Energy (" DOE ") Office of Fossil Energy and National Energy Technology Laboratory has exercised their option to award Energy Fuels, working with a team from Penn State University, an additional $1.75 million to complete a feasibility study (" Feasibility Study ") on the production of rare earth element (" REE ") products from natural coal-based resources, as well as from other materials such as REE-containing ores like the natural monazite ore (" Monazite ") the Company is currently processing at its White Mesa Mill in Utah.

This award follows the DOE providing Energy Fuels a $150,000 contract in 2020 for the successful completion of a conceptual design for the same initiative, resulting in a total award to Energy Fuels of […]

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The sale means the company can focus on its Kayelekera uranium asset and will provide additional funding to underpin the ongoing development program. The company will retain exposure to Hylea by way of shares in Sunrise Energy Metals. Lotus Resources Ltd’s ( ASX:LOT ) recent sale of its Hylea Cobalt Project in NSW to Sunrise Energy Metals (ASX:SRL) has secured the company a BUY rating from BW Equities analyst Daniel Seeney.

The company will divest its 100% interest in the Hylea Project for $1.0 million in cash and $1.5 million in Sunrise shares.

Seeney said: “We view this as a positive step in order to focus management attention on the company’s primary asset at Kayelekera, as well as providing additional cash to underpin the ongoing development program.

“The shares are again trading at a reasonable discount to our valuation and as such we upgrade our rating to Buy.” Retaining exposure The Hylea […]

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Global Enriched Uranium Market 2020 :- report presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers, Production, Revenue, Supply, Consumption, Export, Import, Industrial Chain, Sourcing Strategy and Downstream Buyers and Enriched Uranium Market Growth Factors Analysis in the market. To strategically profile the key players and systematically analyse their growth strategies and Enriched Uranium Market Share in global regions.

Get a Sample PDF of report – https://www. researchreportsworld .com/enquiry/request-sample/ 14356611

Short Details Enriched Uranium Market Report –

Uranium found in nature consists largely of two isotopes, U-235 and U-238. The production of energy in nuclear reactors is from the ‘fission’ or splitting of the U-235 atoms, a process which releases energy in the form of heat. U-235 is the main fissile isotope of uranium. List Of TOP KEY PLAYERS in Enriched Uranium Market Report are:- Sinosteel CNNC Sinohydro Jinduicheng Molybdenum […]

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The Peninsula Energy Ltd (ASX: PEN) share price has jumped 4% higher in morning trade to 13 cents apiece. Investors are watching the company’s share price after the uranium miner released its quarterly report.

Let’s take a look at how Peninsula performed for the last quarter. Peninsula releases quarterly activities report

Earlier today, Peninsula released its quarterly activities report for the March quarter .

The company reported an operating cash loss of US$2.2 million for the quarter with no sales recorded. For the 9 months to 31 March, Peninsula noted an operating cash loss of US$5.7 million on sales of US$3.4 million.For the March quarter, Peninsula highlighted US$6.8 million cash on hand. In addition, the company also provided a summary of its purchase agreements. For the calendar year of 2022, Peninsula noted that it has entered into binding contracts for the delivery of 450,000 pounds of uranium. As a result, […]

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(Post-pandemic Era)- Global Uranium Mining Market 2021: Inclusive Insight

Los Angeles, United States, April 2021: The report titled Global Uranium Mining Market is one of the most comprehensive and important additions to Alexareports archive of market research studies. It offers detailed research and analysis of key aspects of the global Uranium Mining market. The market analysts authoring this report have provided in-depth information on leading growth drivers, restraints, challenges, trends, and opportunities to offer a complete analysis of the global Uranium Mining market. Market participants can use the analysis on market dynamics to plan effective growth strategies and prepare for future challenges beforehand. Each trend of the global Uranium Mining market is carefully analyzed and researched about by the market analysts.

List of Top Manufacturers/Key-players of Global Uranium Mining market growth report (2021- 2026): – Kazatomprom, Cameco, ARMZ, Orano, BHP Billiton, CNNC, Paladin, Navoi, Rio Tinto Group Get PDF […]

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Summary

Yellow Cake is a great way to get exposure to uranium without the associated mining, development, exploration, or permitting risk.

While the stock is trading with a slight premium to NAV, the implied uranium price is much lower than many other uranium stocks today.

Yellow Cake has seen a lot of purchase activity more recently and I expect more to follow. Looking for a portfolio of ideas like this one? Members of Off The Beaten Path get exclusive access to our model portfolio. Learn More » Photo by davidhills/E+ via Getty Images Investment Thesis Yellow Cake ( OTCPK:YLLXF ) is an investment company focused on owning uranium. The primary listing is in the UK but the stock is also listed on the OTC in the U.S. However, as the below chart highlights, buying on the UK listing in blue might be preferable due much better liquidity. Figure […]

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