Category: Uranium

Brought to you by:

MONTHLY URANIUM EXPLORATION UPDATE

JULY 2023

Saskatchewan Second-Largest Global Producer of UraniumSource:Government of SaskatchewanSaskatchewan’s nearly $1 billion-a-year uranium industry made Canada the world’s second-largest producer in 2022, according to World Nuclear Association (WNA) data. This puts the province ahead of previous frontrunners including Namibia and Australia. In 2021, Canada ranked third, while Kazakhstan has consistently placed first."Saskatchewan’s uranium is key as the world looks to transition to sustainable power generation and source minerals from secure, democratic regions," Energy and Resources Minister Jim Reiter said.While Saskatchewan’s uranium production was impacted by COVID-19 related shutdowns in 2020 and 2021, the Cigar Lake mine and McClean Lake mill operated continuously throughout 2022, resulting in increased production. The reopening of the McArthur River mine and Key Lake mill, announced in February 2022, also contributed to increased Saskatchewan uranium production in the later months of the year.In 2021, the Saskatchewan uranium industry employed […]

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

Los Andes Copper’s Vizcachitas red metal and molybdenum project in central Chile. Credit: Los Andes Copper As the push for green energy gathers more momentum, demand for the metals that go into zero-emission technologies is rising while uranium spot prices have seen a steady climb since January.

Here’s a list of the top ten Canadian-headquartered base metal and uranium juniors with no production. The ranking is based on the companies’ market capitalization as of June 1, as compiled by Mining Intelligence. 1 Filo Mining

Market Cap: $2.6 billion

Filo Mining (TSXV: FIL) traded spots with NexGen Energy (TSX: NXE; NYSE: NXE) for the top spot this year even though Filo’s market cap fell by more than 11%. A member of the Lundin Group of companies, Filo’s flagship project is its Filo del Sol copper-gold project in South America. The high-sulphidation epithermal copper-gold-silver deposit is associated with a […]

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

Global X Uranium ETF: URA is a good buy if it crosses this price

2023-07-04 04:55:00 ET Uranium prices are doing well in 2023 as other commodities recoil. The closely watched Global X Uranium ETF (URA) has jumped by over 18% from its lowest level this year. It has underperformed the spot Uranium price, which has jumped by over 18% year-to-date. The bullish case for uranium

Uranium is an important commodity that is widely used to power several countries like the United States, France, Russia, India, and the UK among others. It is the most important commodity in nuclear power energy.

The biggest uranium producing countries are Kazakhstan, Namibia, Canada, Australia, Uzbekistan, and Russia among others. Unlike most energy commodities , demand for uranium is usually stable because nuclear power plants provide baseload plants.Analysts believe that uranium prices will do well this year. Those at Bank of America wrote that […]

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

Pic: Photon-Photos/iStock via Getty Images share

Mining contractor NRW Holdings strengthens move into lithium with Allkem mining deal

Boss on track for 2023 restart at Honeymoon uranium

Miners up for second day straight Allkem (ASX:AKE) delivered a new lease on life to its Mt Cattlin lithium mine on WA’s South Coast recently, with news its mine life had been extended to 2028 with plans to study a longer future as an underground operation.It’s now issued a major three-year contract to mine the deposit to NRW Holdings (ASX:NWH) , with the Allkem board having approved a cutback to extend the life of the Ravensthorpe mine to 2026. NRW will bank around $332m from the contract, which will include load and haul, drill and blast and material rehandling, using an existing fleet of 200-250t excavators and 150t trucks from August.It will see around 140 employed through the contract, […]

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

The economy is looking dire at the moment as the impact of 12 interest rate hikes in 13 months takes a toll on consumers and businesses alike.

However, the share market is forward-looking, which means many growth shares are on an upward curve in anticipation of the rate rise run coming to an end.

Here are two such examples that experts reckon are worth buying at the moment: ‘Significant store growth potential across multiple markets’

With an economic slowdown looming, retailers have understandably taken a belting this year in their valuations.Budget jewellery merchant Lovisa Holdings Ltd ( ASX: LOV ) has thus taken a 26.8% haircut in its stock price since 24 April. Created with Highcharts 10.3.3 Lovisa Price Aug ’22 Sep ’22 Oct ’22 Nov ’22 Dec ’22 Jan ’23 Feb ’23 Mar ’23 Apr ’23 May ’23 Jun ’23 Sep ’22 Nov ’22 Jan ’23 Mar ’23 May ’23 […]

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

Uranium Energy Corp. (AMEX: UEC) has a higher price-to-earnings ratio of 680.00x compared to its average ratio, and the 36-month beta value for UEC is at 2.05.

The public float for UEC is 358.78M, and currently, shorts hold a 12.05% of that float. The average trading volume for UEC on July 03, 2023 was 5.09M shares.

Top 5 EV Tech Stocks to Buy for 2023

The electric vehicle boom is accelerating – and fast. According a new report published by BloombergNEF, annual spending on passenger EVs hit $388 billion in 2022, up 53% from the year before. Like we said, the boom is accelerating – and the time to buy EV-related tech stocks is now. Get our free report, "Top 5 EV Tech Stocks to Buy for 2023". Click Here to Download the FREE Report. Sponsored UEC) stock’s latest price update Uranium Energy Corp. (AMEX: UEC)’s stock price has […]

Click here to view original web page at newsheater.com

Field crews have been mobilized and are ready to commence the induced polarization (IP) resistivity geophysical survey upon the receipt of the exploration permit. The Company has submitted the required exploration permit application to the Saskatchewan Ministry of Environment for review and approvals, with an anticipated approval this month

The primary objective of the upcoming survey is to enhance the existing data set of the CLR property and identify vectors that will increase the likelihood of discovering uranium deposits. Kiplin’s exploration teams are committed to adopting innovative concepts in deposit formation study and exploration methods, utilizing new skills and techniques to position the Company as a leader in uranium deposit discovery.

As previously reported (Press Release dated May 17th, 2023), Kiplin’s summer program will focus on the central portion of the CLR property. The survey will cover several promising targets already identified, including: Three parallel (South-Southeast) conductors over a width of […]

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

In a high-inflation environment, energy stocks typically perform well due to the ongoing need for its core product. It’s no surprise, therefore, that the energy sector began a strong rally in 2021 when inflation took off.

That rally extended into early 2022, when the Ukraine war was added to the equation and energy security concerns kicked prices and shares even higher.

But as inflation and war morphed into higher interest rates and concerns about global growth, oil and coal prices have come off sharply in the past 12 months. And all of this is to say nothing of the large-scale energy transition that is taking place, which is tipping the sector on its head.

So, what is one to make of all of this and, more importantly, where are the risks and opportunities?To answer those questions, James Gerrish from Market Matters and Joe Wright from Airlie Funds Management joined Livewire’s energy sector […]

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

Weekly update on stockbroker recommendation, target price, and earnings forecast changes.

Guide:

The FNArena database tabulates the views of eight major Australian and international stockbrokers: Citi, Bell Potter, Macquarie, Morgan Stanley, Morgans, Ord Minnett, Shaw and Partners and UBS.

For the purpose of broker rating correlation, Outperform and Overweight ratings are grouped as Buy, Neutral is grouped with Hold and Underperform and Underweight are grouped as Sell to provide a Buy/Hold/Sell (B/H/S) ratio. Ratings, consensus target price and forecast earnings tables are published at the bottom of this report. Summary Period: Monday June 26 to Friday June 30, 2023 Total Upgrades: 12 Total Downgrades: 11 Net Ratings Breakdown: Buy 57.21%; Hold 34.23%; Sell 8.56% For the week ending Friday June 30 there were twelve ratings upgrades and eleven downgrades to ASX-listed companies by brokers in the FNArena database.Drilling services company DDH1 received two ratings […]

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

Fintel reports that on June 30, 2023, HC Wainwright & Co. reiterated coverage of Energy Fuels ( AMEX:UUUU ) with a Buy recommendation.

Analyst Price Forecast Suggests 56.69% Upside

As of June 1, 2023, the average one-year price target for Energy Fuels is 9.61. The forecasts range from a low of 8.58 to a high of $10.50. The average price target represents an increase of 56.69% from its latest reported closing price of 6.13.

See our leaderboard of companies with the largest price target upside.The projected annual revenue for Energy Fuels is 45MM. The projected annual non-GAAP EPS is 0.03. What is the Fund Sentiment? There are 301 funds or institutions reporting positions in Energy Fuels. This is an increase of 2 owner(s) or 0.67% in the last quarter. Average portfolio weight of all funds dedicated to UUUU is 0.17%, an increase of 19.53%. Total shares owned by institutions increased […]

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

Latest news about NexGen Energy Ltd.

Atha Energy Up Over 12% After Appointing New CEO Jun. 30 MT IsoEnergy Down Near 3% As Settles Portion Of Interest Payment In Shares Jun. 29 MT IsoEnergy Settles Portion Of Interest Payment In Shares Jun. 29 MT RBC Capital Markets Says Shares In Sprott Physical Uranium Trust Fund Down 4% Week Over Week Jun. 28 MT RBC Capital Markets Says Sprott Physical Uranium’s Shares Down 1% Week Over Week Jun. 21 MT Transcript : NexGen Energy Ltd. Presents at J.P. Morgan Energy, Power and Renewables Conference, Jun-21-2023 Jun. 20 CI NexGen Energy : An Open Letter to the Leaders of the G7 Jun. 19 PU IsoEnergy Details Summer Exploration Plans For Eastern Athabasca Basin Uranium Properties Jun. 19 MT NexGen Announces Voting Results from its 2023 Annual Meeting of Shareholders Jun. 16 PR Transcript : NexGen Energy Ltd. – Shareholder/Analyst Call Jun. […]

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

/NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/

VANCOUVER, BC, June 30, 2023 /CNW/ – ATHA Energy Corp. (CSE: SASK) (FRA: X5U) (OTCQB: SASKF) (" ATHA " or the " Company ") is pleased to announce that it has appointed Mr. Troy Boisjoli as Chief Executive Officer of the Company to advance ATHA in its next phase of development, effective June 28, 2023. Concurrent with Mr. Boisjoli’s appointment, Mike Castanho has resigned as Chief Executive Officer but will continue to serve as an independent director of the Company. The Company thanks Mr. Castanho for his invaluable contributions and looks forward to working with Mr. Boisjoli as Chief Executive Officer and continuing to work with Mr. Castanho as a member of the board of directors of the Company. ATHA Energy Corp. Logo (CNW Group/ATHA Energy Corp.) Mike Castanho, Director of ATHA […]

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

NYSE American:EU
TSXV: EU

DALLAS, June 29, 2023 /CNW/ – enCore Energy Corp. (" enCore " or the " Company ") (NYSE American: EU) (TSXV: EU ) announced today that Mr. Dain McCoig has been appointed as the Director of Technical Services effective immediately. Mr. McCoig brings over 15 years of experience at enCore’s South Texas plants where he was focused on uranium extraction and In-Situ Recovery (ISR) processing. Mr. McCoig is responsible for engineering and technical support on all projects within the Company’s production pipeline.

Mr. Dain McCoig, PE Director of Technical Services
Mr. McCoig began his career in 2004 as the Plant Engineer for Uranium Resources Inc. (URI) at the Kingsville Dome ISR Uranium Central Processing Plant (CPP) in South Texas, now owned by enCore Energy. As URI’s Plant Superintendent, Senior Engineer, Manager of Operations and Vice President, Operations, Mr. McCoig worked on URI’s South Texas and […]

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

Gold sank to levels not seen since mid-March this week, falling below US$1,920 per ounce on Friday (June 23).

US Federal Reserve Chair Jerome Powell was in the spotlight as he testified to the House Financial Services Committee in a semiannual appearance. During his speech , he said that while inflation has moderated since the middle of last year, it’s still a long way from the central bank’s 2 percent target — in May, the consumer price index was up 4 percent year-on-year .

The comments from Powell came after last week’s Fed meeting , where the central bank left rates flat at 5 to 5.25 percent. The Fed also updated its dot plot at that time, and the new data suggests that it’s likely to raise rates by a further 50 basis points in 2023.

In this week’s address, Powell said two more rate increases, presumably of 25 basis points […]

Click here to view original web page at investingnews.com

Shaw and Partners senior adviser Felicity Thomas is basking in the warm glow of uranium. Picture: Getty Images MoneyTalks is Stockhead’s regular drill down into what stocks investors are pondering right now. We’ll tap our extensive list of experts to hear what’s hot, their top picks, and what they’re looking out for.

Today we hear from Shaw and Partners senior private wealth adviser Felicity Thomas. What’s hot right now?

Thomas believes uranium’s defensive characteristics offer a “safe haven” in times of volatility and reckons the commodity will benefit from the coming flight to real assets.

“We believe that nuclear will drive social change as it is superior to other clean and intermittent energies in terms of social footprint, employment, and income,” she says.“The Russia-Ukraine conflict will amplify supply deficits with western utilities reluctant to take on Russian supply, even before the imposition of sanctions. For the latest investment news, sign […]

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

Mr. Troy Boisjoli reports:

VANCOUVER, BC, June 30, 2023 /CNW/ – ATHA Energy Corp. (CSE: SASK) (FRA: X5U) (OTCQB: SASKF) (" ATHA " or the " Company ") is pleased to announce that it has appointed Mr. Troy Boisjoli as Chief Executive Officer of the Company to advance ATHA in its next phase of development, effective June 28, 2023. Concurrent with Mr. Boisjoli’s appointment, Mike Castanho has resigned as Chief Executive Officer but will continue to serve as an independent director of the Company. The Company thanks Mr. Castanho for his invaluable contributions and looks forward to working with Mr. Boisjoli as Chief Executive Officer and continuing to work with Mr. Castanho as a member of the board of directors of the Company.

Mike Castanho, Director of ATHA commented, "ATHA and its shareholders are extremely fortunate to welcome a leader with such an exceptional track record of success in the […]

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

Kiplin Metals Prepares for the Summer Field Program on Cluff Lake Road ("CLR") Uranium Project, Saskatchewan

(TheNewswire) TheNewswire – June 29, 2023 – Kiplin Metals Inc. (TSX-V:KIP) (the “Company” or “Kiplin”) is pleased to provide an update on the preparations for its upcoming summer exploration program on the Cluff Lake Road (CLR) uranium project, situated in the highly prospective southwestern Athabasca Basin of northern Saskatchewan.

Field crews have been mobilized and are ready to commence the induced polarization (IP) resistivity geophysical survey upon the receipt of the exploration permit. The Company has submitted the required exploration permit application to the Saskatchewan Ministry of Environment for review and approvals, with an anticipated approval this month

The primary objective of the upcoming survey is to enhance the existing data set of the CLR property and identify vectors that will increase the likelihood of discovering uranium deposits. Kiplin’s exploration teams are committed to adopting innovative […]

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

NYSE American:EU
TSXV:EU

DALLAS, June 29, 2023 /PRNewswire/ – enCore Energy Corp. (" enCore " or the " Company ") (NYSE American: EU) (TSXV: EU) announced today that Mr. Dain McCoig has been appointed as the Director of Technical Services effective immediately. Mr. McCoig brings over 15 years of experience at enCore’s South Texas plants where he was focused on uranium extraction and In-Situ Recovery (ISR) processing. Mr. McCoig is responsible for engineering and technical support on all projects within the Company’s production pipeline. enCore Energy Logo (CNW Group/enCore Energy Corp.) Mr. Dain McCoig, PE Director of Technical Services
Mr. McCoig began his career in 2004 as the Plant Engineer for Uranium Resources Inc. (URI) at the Kingsville Dome ISR Uranium Central Processing Plant (CPP) in South Texas, now owned by enCore Energy. As URI’s Plant Superintendent, Senior Engineer, Manager of Operations and Vice President, Operations, Mr. McCoig worked […]

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

NYSE American:EU
TSXV:EU

DALLAS, June 29, 2023 /CNW/ – enCore Energy Corp. (" enCore " or the " Company ") (NYSE American: EU) (TSXV: EU) announced today that Mr. Dain McCoig has been appointed as the Director of Technical Services effective immediately. Mr. McCoig brings over 15 years of experience at enCore’s South Texas plants where he was focused on uranium extraction and In-Situ Recovery (ISR) processing. Mr. McCoig is responsible for engineering and technical support on all projects within the Company’s production pipeline. enCore Energy Logo (CNW Group/enCore Energy Corp.) Mr. Dain McCoig, PE Director of Technical Services
Mr. McCoig began his career in 2004 as the Plant Engineer for Uranium Resources Inc. (URI) at the Kingsville Dome ISR Uranium Central Processing Plant (CPP) in South Texas, now owned by enCore Energy. As URI’s Plant Superintendent, Senior Engineer, Manager of Operations and Vice President, Operations, Mr. McCoig worked […]

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

Shaw and Partners senior adviser Felicity Thomas is basking in the warm glow of uranium. Picture: Getty Images MoneyTalks is Stockhead’s regular drill down into what stocks investors are pondering right now. We’ll tap our extensive list of experts to hear what’s hot, their top picks, and what they’re looking out for.

Today we hear from Shaw and Partners senior private wealth adviser Felicity Thomas. What’s hot right now?

Thomas believes uranium’s defensive characteristics offer a “safe haven” in times of volatility and reckons the commodity will benefit from the coming flight to real assets.

“We believe that nuclear will drive social change as it is superior to other clean and intermittent energies in terms of social footprint, employment, and income,” she says.“The Russia-Ukraine conflict will amplify supply deficits with western utilities reluctant to take on Russian supply, even before the imposition of sanctions. For the latest investment news, sign […]

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

In a number of areas, this Global Uranium Mining Market Report differs from other studies. First, it offers a thorough examination of the global Uranium Mining market, addressing a range of topics including market trends, motivators, difficulties, and possibilities. The study provides insightful information for companies and investors by going beyond superficial research and delving deeply into market dynamics. Additionally, it provides a comprehensive perspective of the industry, taking into account both the supply and demand side variables that affect the Uranium Mining market. Additionally, the material offered in this report is up-to-date and accurate because it takes into account the most recent market intelligence and research findings. To collect accurate data and statistics, it makes use of cutting-edge data collection techniques, such as primary and secondary research. To further the comprehension of the market dynamics, the study also contains visual representations like charts, graphs, and tables. Additionally, it […]

Click here to view original web page at euanticorruption.com

NYSE American:EU
TSXV:EU

DALLAS, June 29, 2023 /PRNewswire/ – enCore Energy Corp. (" enCore " or the " Company ") (NYSE American: EU) (TSXV: EU) announced today that Mr. Dain McCoig has been appointed as the Director of Technical Services effective immediately. Mr. McCoig brings over 15 years of experience at enCore’s South Texas plants where he was focused on uranium extraction and In-Situ Recovery (ISR) processing. Mr. McCoig is responsible for engineering and technical support on all projects within the Company’s production pipeline.

Mr. Dain McCoig, PE Director of Technical Services
Mr. McCoig began his career in 2004 as the Plant Engineer for Uranium Resources Inc. (URI) at the Kingsville Dome ISR Uranium Central Processing Plant (CPP) in South Texas, now owned by enCore Energy. As URI’s Plant Superintendent, Senior Engineer, Manager of Operations and Vice President, Operations, Mr. McCoig worked on URI’s South Texas and New Mexico […]

Click here to view original web page at news.google.com

This article is reserved for members

Already a member?

Log In

Not a member ? Free registration Latest news about Sprott Inc. RBC Capital Markets Says Shares In Sprott Physical Uranium Trust Fund Down 4% Week Over Week 11h ago MT Talisker Says Closed Initial Draw on US$31.25 Million Financing with Sprott Streaming for the Bralorne Gold Project Jun. 23 MT Talisker Brief: Announcing Closing of Initial Draw on US$31,250,000 Financing with Sprott Streaming for the Bralorne Gold Project Jun. 23 MT Americas Gold and Silver Brief: Says Has Issued An Additional C$8.0 Million Senior Secured Convertible Debenture to Certain Subsidiaries of Delbrook Capital Advisors Inc., One of the Largest Holders of Its Common Stock Jun. 21 MT RBC Capital Markets Says Sprott Physical Uranium’s Shares Down 1% Week Over Week Jun. 21 MT Talisker Brief: Announcing Appointment of William (Bill) Curry as General Manager for its 100% owned […]

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

Investing News Network

June 28, 2023

Global Atomic Corporation ("Global Atomic" or the "Company") ( TSX: GLO ) (Frankfurt: G12) (OTCQX: GLATF) today announced shareholder voting results from the Annual General Meeting of Shareholders held June 28, 2023 . Global Atomic Corporation (CNW Group/Global Atomic Corporation) Directors were elected to the Board as per the voting results in the table below: Director Nominee Votes For % Withheld % Tracey J. Arlaud 91,301,371 99.55 415,384 0.45 Asier Zarraonandia Ayo 91,304,171 99.55 412,584 0.45 Dean R. Chambers 90,933,304 99.15 783,451 0.85 Richard R. Faucher 90,906,747 99.12 810,008 0.88 Fergus P. Kerr 91,302,073 99.55 414,682 0.45 Derek C. Rance 81,439,347 88.79 10,277,408 11.21 Stephen G. Roman 91,282,731 99.53 434,024 0.47 Shareholders also approved the re-appointment of PricewaterhouseCoopers LLP as Auditors of the Company.

About Global Atomic Global Atomic Corporation ( www.globalatomiccorp.com ) is a publicly listed company that provides a unique […]

Click here to view original web page at investingnews.com

Untitled design – 2023-06-28T192055.588 SHILLONG:

Chief Executive Member (CEM) of the Khasi Hills Autonomous District Council (KHADC) Pyniaid Sing Syiem, on June 28, said that the council is firm on its decision to oppose any attempt on the part of the state or central government to explore or mine uranium in the state.

Syiem said this after meeting leaders of the Khasi Students’ Union (KSU) at his office today.

“The new Executive Committee (EC) will not provide any NoC to the state or central government to explore or mine uranium because this would endanger the lives of people living in those areas,” Syiem said.He also informed that the KSU had also raised other issues like the implementation of the Inner Line Permit (ILP), Sixth Schedule amendment, railways and others.On railways, the CEM said that the EC has decided not to give any consent to the government of Meghalaya or the centre […]

Click here to view original web page at themeghalayan.com