Tag: uranium

Toronto, Ontario – April 11, 2022 – U3O8 Corp. (NEX: UWE.H), ("U3O8" or the "Company") is pleased to announce an additional payment in shares related to the sale, in 2021, of the Laguna Salada Deposit in Argentina, to Consolidated Uranium Inc. ("CUR").

U3O8 has received 728,981 CUR common shares in relation to the sale of Laguna Salada. Those shares have a current market value of C$1,895,351 (based on the April 8, 2022, closing price of C$2.60 per common share). In addition, U3O8 Corp. received 157,213 common shares in Labrador Uranium Inc. ("LUR"), a company that was spun out by CUR on February 22, 2022. The market value of these LUR shares is C$179,223 based on the April 8, 2022, closing price of C$1.14.

As part of the Laguna Salada sale, U3O8 is eligible to receive further payments from CUR contingent on the uranium spot price exceeding certain thresholds.

Contingent Payments […]

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Saskatoon, Saskatchewan – TheNewswire – April 11, 2022 – UEX Corporation (TSX:UEX) (OTC:UEXCF) (“UEX” or the “Company”) is pleased to announce the completion of its 2022 winter exploration programs for the Christie Lake and Hidden Bay Projects located in the Athabasca Basin of northern Saskatchewan (see Figure 1).

Christie Lake Project

Winter exploration drilling at Christie Lake totaled 5,653 m in 10 drill holes (see Figure 2) and focused on the initial evaluation of the three 2022 target areas:

> To explore for the extension of basement -hosted uranium mineralization below, down-dip, and down-plunge of the Paul Bay, Ken Pen and Ōrora Deposits, as well as down-dip of existing uraniferous holes located in the gap areas between the three deposits to explore for basement-hosted uranium deposits; Along the B Conductor Trend, targeting the B Conductor and DC Resistivity low that is adjacent to the A B trends located between the […]

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→ A Ground-Floor Opportunity in the Cyber Security Space (Ad) Uranium Energy National Bank of Canada FI acquired a new position in Uranium Energy Corp. ( NYSEAMERICAN:UEC – Get Rating ) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 10,775 shares of the basic materials company’s stock, valued at approximately $36,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. Morgan Stanley increased its position in shares of Uranium Energy by 646.2% during the second quarter. Morgan Stanley now owns 527,185 shares of the basic materials company’s stock valued at $1,402,000 after acquiring an additional 456,538 shares in the last quarter. Millennium Management LLC bought a new stake in Uranium Energy in the 2nd quarter worth approximately $277,000. Invesco Ltd. grew its position in Uranium Energy by 89.9% in the 2nd quarter. Invesco […]

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Christie Lake Project

Winter exploration drilling at Christie Lake totaled 5,653 m in 10 drill holes (see Figure 2) and focused on the initial evaluation of the three 2022 target areas:

> 1)To explore for the extension of basement -hosted uranium mineralization below, down-dip, and down-plunge of the Paul Bay, Ken Pen and Ōrora Deposits, as well as down-dip of existing uraniferous holes located in the gap areas between the three deposits to explore for basement-hosted uranium deposits;

2)Along the B Conductor Trend, targeting the B Conductor and DC Resistivity low that is adjacent to the A B trends located between the Yalowega B A Trends; 3)UEX’s first ever drill test of the A Conductor trend, which is interpreted to be the immediate northeast extension of the mineralized P2 Fault Structure trending from the McArthur River mine. Seven holes tested the area between the Ōrora and Paul […]

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With the uranium spot prices reaching multi-year highs at the moment, probably with the help of the Sprott Physical Uranium Trust which keeps on buying at the spot market in order to kickstart utility buying, Volume: 790,284
Market Cap: 57.49m
PE Ratio: -6.20
Year High: $0.37
Year Low: $0.16
Shares Out: 185,455,307
Float: 181,853,112 Institute Hold’gs: 0.00% (as of 03/31/22) Institutions Bought Prev 3 Mo: 0Blue Sky Uranium Corp. (BSK:TSX; BKUCF:OTC; MAL2:FSE) is finding new mineralization at Ivana targets at their flagship Amarillo Grande uranium project in Argentina.Although most uranium stocks haven’t really reacted to the latest jump of the underlying commodity, as general sentiment is somewhat overshadowed by skyhigh inflation, war sentiment and fear of Fed interventions, as soon as the markets regain their confidence, uranium stocks should be among the ones with explosive potential, as at current uranium spot prices at least most uranium […]

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Corpus Christi, TX, April 6, 2021 – Uranium Energy Corp (NYSE American: UEC, the “Company” or “UEC” – https://www.commodity-tv.com/ondemand/companies/profil/uranium-energy-corp/ ) is pleased to report that Scott Melbye, our Executive Vice President and current President of the Uranium Producers of America, presented testimony to the Senate Committee on Energy and Natural Resources before the Full Committee Hearing on Opportunities and Challenges Facing Domestic Critical Mineral Mining, Processing, Refining, and Reprocessing, on March 31, 2022.

In his testimony, Mr. Melbye stated: ”It is an honor to testify once again before the Senate Energy and Natural Resources Committee today on an urgent subject with grave implications for our national and energy security – the U.S.’s current reliance on our strategic competitors for critical minerals like uranium…. The continued reliable operation of the U.S. nuclear fleet requires a secure supply of uranium and nuclear fuel. Unfortunately, Russia and its allies have in recent years […]

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The Okapi Resources Ltd (ASX: OKR) share price is shooting the lights out after releasing some exciting news. The ASX mining share has gained 43.33% in value since the market open yesterday. The Okapi share price is currently up 16% at 42 cents after touching a high of 43.5 cents in early trade.

ASX investors responded big-time to Okapi’s announcement yesterday about a transformative acquisition in the United States that will make it “a significant player” in the US uranium market.

The company also updated ASX investors on Monday regarding approval for a separate drilling program.

All this amid news the uranium price reached its highest point in more than a decade overnight.In short, it’s been a pretty major week for the nano-cap miner. Let’s look at the detail. How this ASX mining share’s big week began The first bit of news out of Okapi this week was an announcement on Monday […]

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Every investor in GoviEx Uranium Inc. ( CVE:GXU ) should be aware of the most powerful shareholder groups. Insiders often own a large chunk of younger, smaller, companies while huge companies tend to have institutions as shareholders. Warren Buffett said that he likes "a business with enduring competitive advantages that is run by able and owner-oriented people." So it’s nice to see some insider ownership, because it may suggest that management is owner-oriented.

GoviEx Uranium is a smaller company with a market capitalization of CA$281m, so it may still be flying under the radar of many institutional investors. In the chart below, we can see that institutions are noticeable on the share registry. Let’s take a closer look to see what the different types of shareholders can tell us about GoviEx Uranium. TSXV:GXU Ownership Breakdown April 9th 2022 What Does The Institutional Ownership Tell Us About GoviEx Uranium?

Institutional investors […]

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Uranium prices are skyrocketing, and investors see Uranium Energy as a strong beneficiary.

What happened

Uranium Energy ( UEC -0.36% ) stock has been on a tear in recent months, and it seems unstoppable. The uranium stock jumped 15% in the month of March, according to data from S&P Global Market Intelligence , and is already up another 19.6% so far this month. Macro and company-specific news combined to drive the rally in the hot stock. So what

Uranium Energy stock has been rising alongside uranium prices, but the stock shot up earlier this week after the company filed a technical report summary with the U.S. Securities and Exchange Commission (SEC) on April 4. The filing is important for two reasons: It confirms that the assets Uranium Energy acquired as part of its acquisition of Uranium One in December are material to the company’s business and that the company […]

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What happened

Uranium Energy (NYSEMKT: UEC) stock has been on a tear in recent months, and it seems unstoppable. The uranium stock jumped 15% in the month of March, according to data from S&P Global Market Intelligence , and is already up another 19.6% so far this month. Macro and company-specific news combined to drive the rally in the hot stock. So what

Uranium Energy stock has been rising alongside uranium prices, but the stock shot up earlier this week after the company filed a technical report summary with the U.S. Securities and Exchange Commission (SEC) on April 4. The filing is important for two reasons: It confirms that the assets Uranium Energy acquired as part of its acquisition of Uranium One in December are material to the company’s business and that the company has a valuable uranium resource. The Wyoming hub-and-spoke project has nearly 7 million pounds of […]

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Without re-examining its uranium supply chains, the U.S. energy market will be vulnerable similarly to Europe’s present situation.

Europe’s fragile energy markets vulnerable to Russian interruption may soon be uncomfortably similar to the American power grid if policymakers aren’t careful about pushing a low-carbon future.

With a third of European oil and more than 40 percent of its gas provided by Russia, President Vladimir Putin has threatened to shut off the lights across Europe in an effort to counter western sanctions imposed in retaliation for the Kremlin invasion of Ukraine, demanding payment in Rubles instead of Euros.

“If such payments are not made, we will consider this a default on the part of buyers — with all the ensuing consequences,” Putin warned. “Nobody sells us anything for free, and we are not going to do charity, either. That is, existing contracts will be stopped.”The deadline came and went, with Russian gas still […]

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Uranium prices have touched an 11-year high, and could rise even further.

What happened

From established uranium industry veterans to development-stage players, stocks across the niche headed for the sky Thursday morning. Here’s how the top-performing uranium stocks had surged as of 10:20 a.m. ET.

Shares of Cameco ( CCJ 7.68% ) were 7.3% higher as well. That’s notable as Cameco is a relatively less volatile stock, given that it’s already one of the world’s largest uranium miners. Among the other publicly listed uranium stocks in the U.S., most are still in the early stages of exploration and development.Nothing drives commodity stocks as much as commodity prices, and that pretty much sums up why uranium stocks were rising. So what Uranium prices have surged since Russia invaded Ukraine in late February, an event that further disrupted an already-imbalanced fossil fuel market and pushed high oil and natural gas prices even […]

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ValOre Metals Corp. today announced the commencement of a board approved and fully funded CAD$11 million exploration program at ValOre’s 100% owned 59,483-hectare Angilak Property Uranium Project located in Nunavut Territory, Canada. ValOre’s Chairman & CEO, Jim Paterson stated: ValOre’s Vice President Exploration, Colin Smith stated: Angilak Property Uranium Project 2022 Exploration Program Highlights: …

ValOre Metals Corp. ("ValOre"; TSX ‐ V: VO; OTC: KVLQF; Frankfurt: KEQ0, "the Company") today announced the commencement of a board approved and fully funded CAD$11 million exploration program at ValOre’s 100% owned 59,483-hectare Angilak Property Uranium Project ("Angilak"), located in Nunavut Territory, Canada.

ValOre’s Chairman & CEO, Jim Paterson , stated: "Angilak represents a world-class advanced uranium exploration project with compelling resource expansion and regional discovery potential. The Lac 50 inferred resource represents Canada’s highest grade uranium deposit outside of the Athabasca Basin and one of the highest-grade uranium resources on a global basis. […]

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The spot price for uranium has almost doubled in less than a year and the long-term price outlook looks almost as promising. One junior explorer is developing a significant uranium-vanadium project in Argentina, a country with established atomic energy infrastructure and no domestic production — yet.

The second set of drill results from Volume: 90,918
Market Cap: 57.49m
PE Ratio: -6.10
Year High: $0.37
Year Low: $0.16 Shares Out: 185,455,307 Float: 181,853,112 Institute Hold’gs: 0.00% (as of 03/31/22) Institutions Bought Prev 3 Mo: 0Blue Sky Uranium Corp.’s (BSK:TSX; BKUCF:OTC; MAL2:FSE) Ivana deposit in Argentina, part of the company’s 100%-owned Amarillo Grande uranium-vanadium project in Rio Negro province, included a 5 meter intercept grading 0.15% U3O8, including 1 meter of 0.7% U3O8 from a 1.5-kilometer step-out drill hole.“It looks like this deposit will get bigger,” Blue Sky President and CEO Nikolaos Cacos told Streetwise after the latest results […]

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Gif: Archer – Danger Island (2018), FXX share

JV partners Legacy and Hawthorn cement earn iron ore in deal with Gina Rinehart’s Hancock Prospecting

Okapi increases resource at the ‘Tallahassee’ uranium project in Colorado by 81%

Carbine’s Muchea West has potential to host substantial, high grade, low impurity silica sand deposit Here are the biggest small cap resources winners in early trade, Thursday, April 7 JV partners LCY and HAW have cemented a deal with a subsidiary of Gina Rinehart’s Hancock Prospecting, which will shell out an initial $9m to earn into the ‘Mt Bevan’ iron ore project in WA.Hancock will make an initial investment of $9m to earn a 30% interest in Mt Bevan, with $8m cash being paid to Legacy and Hawthorn in proportion to their interest in the project (Legacy $4.8m and Hawthorn $3.2m).The remaining $1m will be working capital.Hancock will hold a […]

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New Jersey, United States – The research study on the Uranium Mining Market offers you detailed and accurate analyzes to strengthen your position in the market. It provides the latest updates and powerful insights into the Uranium Mining industry to help you improve your business tactics and ensure strong revenue growth for years to come. It sheds light on current and future market scenarios and helps you understand the competitive dynamics of the Uranium Mining market. The market segmentation analysis offered in the research study demonstrates how different product segments, applications, and regions are performing in the Uranium Mining market.

The report includes verified and revalidated market figures such as CAGR, gross margin, revenue, price, production growth rate, volume, value, market share, and Y-o-Y growth . We have used the latest primary and secondary research techniques to compile this comprehensive Uranium Mining market report. As part of the regional analysis, […]

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