Tag: uranium

Let’s start up with the current stock price of Uranium Energy Corp. (UEC), which is $4.82 to be very precise. The Stock rose vividly during the last session to $5.05 after opening rate of $5.05 while the lowest price it went was recorded $4.79 before closing at $4.88.Recently in News on March 17, 2022, Uranium Energy Corp Files Fiscal 2022 Q2 Quarterly Report. Uranium Energy Corp (NYSE American: UEC) the “Company” or “UEC”) is pleased to report, in accordance with NYSE American requirements, the filing of the Company’s quarterly report on Form 10-Q for the six months ended January 31, 2022 with the U.S. Securities and Exchange Commission (the “SEC”). This Form 10-Q filing, which includes the Company’s condensed consolidated financial statements, related notes thereto and management’s discussion and analysis, is available for viewing on the SEC’s website at http://www.sec.gov/edgar.shtml or on the Company’s website at www.uraniumenergy.com. You can […]

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When Stockhouse Editorial last caught up with Fission 3.0 Corp. ( TSX-V.FUU , OTC: FISOF , Forum ) and its Chief Executive Officer and Chairman, Dev Randhawa back in October , we discussed the company’s unique uranium project generator and property bank business model…with the right projects in the right place. Fission 3.0 currently boasts 16 projects in the Athabasca Basin.

Fast-forward to Spring 2022, and Stockhouse Media’s Dave Jackson was joined, once again, by Mr. Randhawa to get our investor audience up-to-date with all things Fission 3.0. (CLICK IMAGE TO PLAY VIDEO)

TRANSCRIPT BELOW:

SH: So, can you update us on your any new company developments, especially your just-announced granting of stock options? DR: As you know, the hardest thing these days is to find people and keep them. So, we set some stock options for some of our new members. That’s the hardest thing, not just COVID, […]

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The Uranium Ore market study provides a comprehensive analysis of the industry vertical. As per the report, this market is poised to acquire commendable returns and record a significant growth rate during the estimated timeframe.

The report exemplifies industry tendencies as well as presents revenue forecast, sales volume, market size and upcoming opportunities. In addition, information pertaining to the market drivers that will positively affect the profitability graph and the respective segmentations influencing the market size during the study period is delivered in the report.

Major takeaways from the Uranium Ore market report on the basis of geographical landscape: The Uranium Ore market report provides an in-depth analysis of the regional contribution. The report divides geographical terrain of market into North America, Europe, Asia-Pacific, South America, Middle East & Africa.

Crucial information concerning the sales garnered by each region and their respective market share is stated in the report. Estimated […]

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US President Joe Biden has already been in the White House for 14 months, and Russia’s invasion of Ukraine and the US-led economic sanctions against it have just marked one month, and things are worsening. Here are 10 emerging trends, global and national.

BIDEN’S EFFECT ON FOSSIL FUEL PRICES AND SUPPLY
One: Biden and the US Democrat Party campaigned, among other issues, for a war on fossil fuels. And on Day 1 of his administration, Jan. 20, 2021, he announced a halt to oil-gas drilling in federal lands, and the killing of the Keystone XL pipeline that would bring some 800,000 barrels per day of Canada crude oil to the US. See these reports:

1. “In intimate moment, Biden vows to ‘end fossil fuel’,” AP News, Sept. 7, 2019 (“I guarantee you. We’re going to end fossil fuel.”)
2. “Keystone XL pipeline halted as Biden revokes permit,” AP News, Jan. 21, […]

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Last week Kazatomprom (LSE: KAP) , one of the largest uranium producers reported it’s full-year 2021 results and updated investors on the geopolitical event of Russia and Ukraine. For the results, the company reported full-year revenues of US$1.62 billion, up 14% year over year. This was because of a monster fourth quarter, wherein the company saw revenue balloon from US$224.9 million in the third quarter to US$834.2 million, which is up 270% year over year.

The company saw its gross profits grow 4% year over year to US$673.87 million, again thanks to the fourth quarter where gross profits grew 365% year over year to US$394.32 million. Total expenses grew 21% year over year to US$1.06 billion, putting the company’s operating profit at US$561.49 million, an increase of only 3% for the year. The majority of this increase came from the fourth quarter, which grew almost 500% year over year to […]

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A tanker moored in a gas and oil dock at the Port of Constanta in Constanta, Romania, on Tuesday, … [+] © 2022 Bloomberg Finance LP When President Biden appeared in Poland yesterday, he said that the Russian leadership could not remain in power if it continued to brutalize Ukraine. To this end, the global economic sanctions are meant to isolate President Putin not just from the civilized world but also from his people. What’s more likely is that Russia will get gradually elbowed out of the global energy supply chain.

Russia’s economy centers on the sale of oil and natural gas. The country is also a supplier of nuclear energy technologies and the uranium to run those power plants. Pulling the plug will be hard. But it can be jostled loose over a few years. The United States, Australia, and Qatar can supply natural gas while the Middle Eastern […]

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

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This article is in your queue.Nuclear and weaponizing are scary words to utter together, even in the context of energy.That fear is behind a rally in a key fuel not yet hit by a physical shortage. Prices of uranium oxide have soared to $57.50 per pound, levels last seen more than a decade ago before the Fukushima disaster turned global sentiment against nuclear energy. They are up more than a third since Russia’s invasion of Ukraine. Shares of Canadian uranium miner Cameco CCJ -0.83% have rallied 29% year to date, while Sprott Physical Uranium Trust , UUT -1.28% a fund that owns physical uranium, is up 31%.Created with Highcharts 9.0.1Share of world’s uranium-enrichment capacity in 2020, operational and plannedSource: World Nuclear AssociationCreated with Highcharts 9.0.1RusssiaGermany, Netherlands, U.K.ChinaFranceU.S.0%5101520253035404550The immediate catalyst is fear that uranium supply out of Russia might be disrupted. Thursday, a group of U.S. senators […]

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

Uranium stocks have been buzzing hot since the Russia-Ukraine war broke out. They were rising even before the war as uranium prices surged in August 2021. What caused this surge? Should you buy uranium stocks at their high? How to trade in commodity stocks?

Uranium is a commodity. Its price is determined by demand and supply forces. The price is around $50, a level last seen in 2012. This is the second straight year of price surges for this commodity.

When there is an under-supply, commodity prices start rising. But there comes a point when the price surges to a level where the producer gets an incentive to boost output to meet demand. At that point, the commodity price witnesses a correction and the price stabilizes. Hence, commodities are cyclical and are sensitive to demand and supply.

With uranium, there are several other complexities attached. Utilities are a major consumer […]

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The first quarter of 2022 has been marked by huge uncertainty and volatility in the stock markets. The Ukraine conflict coupled with inflationary pressures and the Fed’s tightening policy has made investors jittery. Additionally, a resurgence of virus cases in China that has sparked global economic growth concerns added to the chaos.

While most corners of the market are in the red from a year-to-date look, a few have performed well. VanEck Vectors Oil Services ETF OIH, SPDR S&P Metals & Mining ETF XME, VanEck Vectors Steel ETF SLX, SonicShares Global Shipping ETF BOAT and North Shore Global Uranium Mining ETF URNM have gained in double-digits so far this year.

These funds have been the quarter’s star performers and could also be winners next quarter if the current trends continue. First-Quarter Market Trend

The ongoing Russia-Ukraine war has led to supply disruption fears in an already-tight commodity market. As Russia is […]

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Although Canada is mostly known for its wealth of gold, copper and nickel, it is also the second largest global uranium producer, accounting for approximately 15 percent of global production.

As the world continues to stare down an impending climate crisis, nuclear power has emerged as a compelling and reliable source of clean energy . Because of this, demand for uranium — a crucial nuclear fuel source — is expected to increase considerably in the coming years.

According to the International Energy Agency, nuclear power generation grew in 2021, with output rising to 8 percent above 2019 levels . Although early 2022 was marked by the shutdown of three German plants , the overall outlook for nuclear energy nevertheless remains positive, buoyed considerably by the global focus on climate change .

Case in point, there are currently 440 operable reactors worldwide and a total of 55 reactors being constructed in […]

Click here to view original web page at investingnews.com

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00:00 / 04:24

This article is in your queue.Nuclear and weaponizing are scary words to utter together, even in the context of energy.That fear is behind a rally in a key fuel not yet hit by a physical shortage. Prices of uranium oxide have soared to $57.50 per pound, levels last seen more than a decade ago before the Fukushima disaster turned global sentiment against nuclear energy. They are up more than a third since Russia’s invasion of Ukraine. Shares of Canadian uranium miner Cameco CCJ -0.51% have rallied 29% year to date, while Sprott Physical Uranium Trust , UUT -1.02% a fund that owns physical uranium, is up 31%.Created with Highcharts 9.0.1Share of world’s uranium-enrichment capacity in 2020, operational and plannedSource: World Nuclear AssociationCreated with Highcharts 9.0.1RusssiaGermany, Netherlands, U.K.ChinaFranceU.S.0%5101520253035404550The immediate catalyst is fear that uranium supply out of Russia might be disrupted. Thursday, a group of U.S. senators […]

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

share

Volt Resources forced to mothball Ukraine graphite mine; progresses plans to supply graphite product to a US gigafactory

Uranium stock Berkeley Energia has gained 170% since start of March on no news

Boadicea Resources preps lithium drilling; Kalamazoo (gold, lithium) and Avenira (phosphates) up on no news Here are the biggest small cap resources winners in early trade, Thursday March 24. Last year, VRC recently acquired of a 70% controlling interest in the Ukraine graphite producer ZG Group, which help “deliver on its strategy to become a key supplier of natural flake graphite products and battery anode material to the growing EV and other graphite markets”.But Russia’s invasion has disrupted these best laid plans, with the operation currently suspended.The graphite mine and processing facilities are located adjacent to the town of Zavallya, approximately 280 kilometres south of the Ukrainian capital Kyiv and 230 kilometres north […]

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

The Berkeley Energia Ltd (ASX: BKY) share price has exploded in the past month to its highest price since July 2021.

The company’s shares have skyrocketed nearly 157% since the market close on 24 February. The shares were swapping hands at 56 cents, up 21.74% at the close of trading today.

Let’s take a look at what has been going on with this ASX uranium miner. This ASX uranium share is surging

The Berkeley share price has soared amid rising uranium prices. Trading economics data reveals the uranium price has surged 34% in a month and 97% in a year. Uranium futures hit more than US$59 a pound amid concerns over Russian supplies.Berkeley has also explained possible reasons for the share price gains. On 17 March, the company responded to a price and volume query from the ASX.The company said it noted recent rises in the trading of its shares […]

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March 23rd, 2022 – TheNewswire – Kiplin Metals Inc. (TSXV:KIP) (OTC:ALDVF) (the “Company” or “Kiplin”) announces that its board of directors has commenced a strategic review of several uranium projects near the Company’s CLR Uranium Project with the plan to expand the Company’s portfolio. The Company has engaged Grander Exploration to assist in the assessment and acquisition of prospective uranium projects.

Gil Schneider, Chief Executive Officer of the Company commented; “based on the encouraging initial results on the Company’s CLR Uranium Project, the Company is excited to assess other highly prospective uranium projects in Athabasca, Saskatchewan, that the board feels would enhance the Company’s project portfolio. The board of directors feels the timing is ideal for expansion as the price of uranium is rising and projections are for significant growth in demand for the coming decade. It seems the world is waking up to the idea that nuclear power is […]

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

Uranium prices are up about 40% since Russia invaded Ukraine. While the war has no immediate impact on global supplies of uranium, there are “signs a few countries in Europe may shift their stance on nuclear power and maintain existing reactors longer, or possibly build new ones sooner as they look to diversify away from Russian [natural] gas,” said Jonathan Hinze, president at UxC, as quoted by Barron’s. Moreover, the world’s dependence on Russian uranium, and the uranium of those countries in Russia’s orbit of influence such as Kazakhstan and Uzbekistan – representing about 50% of production – is potentially at risk through the prospect of retaliatory sanctions. Finally, President Biden’s Administration supports nuclear energy to help the country achieve net-zero carbon goals. Even Japan just said it wants to get nuclear reactors back online to meet green targets. All could continue to be beneficial for companies such as […]

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

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00:00 / 04:24

This article is in your queue.Nuclear and weaponizing are scary words to utter together, even in the context of energy.That fear is behind a rally in a key fuel not yet hit by a physical shortage. Prices of uranium oxide have soared to $57.50 per pound, levels last seen more than a decade ago before the Fukushima disaster turned global sentiment against nuclear energy. They are up more than a third since Russia’s invasion of Ukraine. Shares of Canadian uranium miner Cameco CCJ -0.51% have rallied 29% year to date, while Sprott Physical Uranium Trust , UUT -1.02% a fund that owns physical uranium, is up 31%.Created with Highcharts 9.0.1Share of world’s uranium-enrichment capacity in 2020, operational and plannedSource: World Nuclear AssociationCreated with Highcharts 9.0.1RusssiaGermany, Netherlands, U.K.ChinaFranceU.S.0%5101520253035404550The immediate catalyst is fear that uranium supply out of Russia might be disrupted. Thursday, a group of U.S. senators […]

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

Themen

[PDF] Press Release: Climate protection urgently needed – uranium would help Herisau, 23.03.2022 (PresseBox) – .

In Germany, 2021 climate targets were missed, and greenhouse gas emissions increased.

Many countries have recognized that achieving climate targets is not possible without nuclear power plants, so new power plants are being built eagerly and many are in the planning stage. Unlike in this country. In 2021, 4.5 percent more greenhouse gases were blown into the air in Germany than the year before. With gas prices so high, there was an increased reliance on hard coal and lignite. Work is now underway on an emergency climate protection program. The expansion of renewable energies takes time, and our country in particular lacks wind and sun. Germany wants to be greenhouse gas neutral by 2045, which is no easy task.Compared to all other energy sources, uranium is very cheap. When electricity suppliers’ supply contracts […]

Click here to view original web page at www.imittelstand.de

Uranium prices are up about 40% since Russia invaded Ukraine. While the war has no immediate impact on global supplies of uranium, there are “signs a few countries in Europe may shift their stance on nuclear power and maintain existing reactors longer, or possibly build new ones sooner as they look to diversify away from Russian [natural] gas,” said Jonathan Hinze, president at UxC, as quoted by Barron’s. Moreover, the world’s dependence on Russian uranium, and the uranium of those countries in Russia’s orbit of influence such as Kazakhstan and Uzbekistan – representing about 50% of production – is potentially at risk through the prospect of retaliatory sanctions. Finally, President Biden’s Administration supports nuclear energy to help the country achieve net-zero carbon goals. Even Japan just said it wants to get nuclear reactors back online to meet green targets. All could continue to be beneficial for companies such as […]

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

Many countries have recognized that achieving climate targets is not possible without nuclear power plants, so new power plants are being built eagerly and many are in the planning stage. Unlike in this country. In 2021, 4.5 percent more greenhouse gases were blown into the air in Germany than the year before. With gas prices so high, there was an increased reliance on hard coal and lignite. Work is now underway on an emergency climate protection program. The expansion of renewable energies takes time, and our country in particular lacks wind and sun. Germany wants to be greenhouse gas neutral by 2045, which is no easy task.

Compared to all other energy sources, uranium is very cheap. When electricity suppliers’ supply contracts are nearing the end, demand for uranium increases. New contracts are then based on significantly higher prices. The fact that uranium is in demand can be seen from […]

Click here to view original web page at www.resource-capital.ch