Tag: uranium

There are two massive concerns for investors and the world in general this year: energy and recession.

While energy prices rocketed last year after the Russian invasion of Ukraine, that supply-demand imbalance is expected to continue in 2023.

“We think the outlook for energy stocks is attractive because there’s just not a lot of supply coming in,” Schroders portfolio manager Ray David told The Motley Fool earlier this year.

“No one really wants to invest in fossil fuels or LNG or gas without the high prices to justify the returns, because everyone’s quite worried about renewables and the ESG factors.”As for a recession, this will be a reality in some parts of the world, even if Australia does not quite hit the definition.Regardless, consumers and businesses will be suffering alike after ten months of steep interest rate rises. ‘We would be buying into dips’ Gold is a commodity often spruiked as a […]

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

Source: Shutterstock There’s no doubt that money can be made by owning shares of unprofitable businesses. For example, although Amazon.com made losses for many years after listing, if you had bought and held the shares since 1999, you would have made a fortune. But the harsh reality is that very many loss making companies burn through all their cash and go bankrupt.

Given this risk, we thought we’d take a look at whether Fission Uranium ( TSE:FCU ) shareholders should be worried about its cash burn. In this article, we define cash burn as its annual (negative) free cash flow, which is the amount of money a company spends each year to fund its growth. We’ll start by comparing its cash burn with its cash reserves in order to calculate its cash runway.

View our latest analysis for Fission Uranium When Might Fission Uranium Run Out Of Money?

You […]

Click here to view original web page at simplywall.st

There are two massive concerns for investors and the world in general this year: energy and recession.

While energy prices rocketed last year after the Russian invasion of Ukraine, that supply-demand imbalance is expected to continue in 2023.

“We think the outlook for energy stocks is attractive because thereâs just not a lot of supply coming in,” Schroders portfolio manager Ray David told The Motley Fool earlier this year.

“No one really wants to invest in fossil fuels or LNG or gas without the high prices to justify the returns, because everyoneâs quite worried about renewables and the ESG factors.”As for a recession, this will be a reality in some parts of the world, even if Australia does not quite hit the definition.Regardless, consumers and businesses will be suffering alike after ten months of steep interest rate rises. ‘We would be buying into dips’ Gold is a commodity often spruiked as a […]

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

Skyharbour Resources Ltd Vancouver, BC, March 07, 2023 (GLOBE NEWSWIRE) — Skyharbour Resources Ltd. ’s ( TSX-V: SYH ) ( OTCQ X : SYHBF ) (Frankfurt: SC1P ) (the “Company”) partner company, Basin Uranium Corp. (“Basin Uranium”) is pleased to announce the intersection of significant mineralization from the three-hole Phase 2 drill program at its Mann Lake project located 25 km southwest of the McArthur River Mine and 15 km to the northeast along strike of Cameco’s Millennium uranium deposit. A total of 6,279 metres of diamond drilling was completed on the Mann Lake property during the 2022 season.

Mann Lake Uranium Project :
https://www.skyharbourltd.com/_resources/maps/SKY_MannLake_20211129.jpg

Highlights : Drilling continued to intersect notable pathfinder elements (B, Co, Cu, Ni, and Pb) which provides for vectoring towards uranium mineralization as it is typically associated with Athabasca Basin unconformity-style mineralization.
Hole MN22-0007 intersected the unconformity at 671.8 metres […]

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

Rössing Uranium open pit mine is located 12km from the town of Arandis, 70km from Swakopmund. Source: Rossing. Namibia’s oldest commercial uranium mine is to construct a solar plant as it looks to reduce its carbon footprint and offset electricity challenges faced by neighbours from which it traditionally purchased power.

Rössing Uranium announced plans to construct a 15MW AC Solar PV Plant and called for bids from independent power producers to supply it with 50,864 MWh per annum from any renewable energy source.

Never miss a story. Join our community.

The mine began production in 1976.Namibia’s Ministry of Environment, Forestry, and Tourism issued it with an Environmental Clearance Certificate, after an Environmental Impact Analysis (EIA) had been successfully completed, the company said.Rössing Uranium said its decision to move to renewable energy sources was also due to import-dependent Namibia being under pressure to increase its energy production. Have you read? […]

Click here to view original web page at www.esi-africa.com

Skyharbour Resources Ltd Vancouver, BC, March 07, 2023 (GLOBE NEWSWIRE) — Skyharbour Resources Ltd. ’s ( TSX-V: SYH ) ( OTCQ X : SYHBF ) (Frankfurt: SC1P ) (the “Company”) partner company, Basin Uranium Corp. (“Basin Uranium”) is pleased to announce the intersection of significant mineralization from the three-hole Phase 2 drill program at its Mann Lake project located 25 km southwest of the McArthur River Mine and 15 km to the northeast along strike of Cameco’s Millennium uranium deposit. A total of 6,279 metres of diamond drilling was completed on the Mann Lake property during the 2022 season.

Mann Lake Uranium Project :
https://www.skyharbourltd.com/_resources/maps/SKY_MannLake_20211129.jpg

Highlights : Drilling continued to intersect notable pathfinder elements (B, Co, Cu, Ni, and Pb) which provides for vectoring towards uranium mineralization as it is typically associated with Athabasca Basin unconformity-style mineralization.
Hole MN22-0007 intersected the unconformity at 671.8 metres […]

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

abadonian/iStock via Getty Images ETF Snapshot

The Sprott Uranium Miners ETF (NYSEARCA: URNM ) is a financial product that focuses on businesses that devote at least half their assets to the uranium mining industry. Typically, 82.5% of the portfolio comprises of explorers, miners, developers, and producers of uranium, whilst the rest of the portfolio is linked to businesses that hold the physical metal or generate uranium royalties. Do consider that the bulk of the stocks in URNM are domiciled in Canada (56%), and more than half the portfolio consists of small-cap stocks (market cap of less than $2bn). Also note that access to URNM does not come cheap, with an expense ratio of 0.85%, considerably higher than the 0.6-0.7% range seen with other alternatives. The Underlying Fundamentals Look Promising

IEA Nuclear energy may currently only account for a modest share of global electricity production, but it would […]

Click here to view original web page at seekingalpha.com

Skyharbour Resources (SYH.V) is showing a very promising technical pattern that uranium bulls should take note of. But before we look at the chart, let’s take a brief look at the company and its recent news.

Skyharbour is a $63 million market cap company that controls 15 uranium and thorium exploration projects in Canada’s famed Athabasca Basin. Ten of the projects are drill-ready, covering over 450,000 hectares of land. Skyharbour has acquired from Denison Mines, a large strategic shareholder of the Company, a 100% interest in the Moore Uranium Project which is located 15 kilometres east of Denison’s Wheeler River project and 39 kilometres south of Cameco’s McArthur River uranium mine. Moore is an advanced-stage uranium exploration property with high-grade uranium mineralization at the Maverick Zone including highlight drill results of 6.0% U3O8 over 5.9 metres including 20.8% U3O8 over 1.5 metres at a vertical depth of 265 metres.

Adjacent to […]

Click here to view original web page at equity.guru

Mel Deposit Contains Historical Indicated Resource Estimate of 82.5 Million Pounds Nickel at 0.875% Grade

Property Located Within 25 Kilometres of Vale’s Thompson Mine and Mill Complex

Vancouver, British Columbia–(Newsfile Corp. – March 6, 2023) – CanAlaska Uranium Ltd. (TSXV: CVV) (OTCQX: CVVUF) (FSE: DH7N) ("CanAlaska or the "Company") is pleased to announce that B. Riley Farber Inc., in its capacity as Trustee in Bankruptcy of the property, assets and undertakings of Victory Nickel Inc, has accepted CanAlaska’s offer to acquire the Mel Nickel Deposit and surrounding mineral claims. The acquisition provides the Company with 100% ownership of the mineral lease that hosts the Mel Deposit, as well as ten mineral claims covering a total of 2,613 hectares in the Thompson Nickel Belt in Manitoba (Figure 1). The Mel project claims are contiguous with the Company’s 100% owned Hunter and Strong projects.

CanAlaska CEO, Cory Belyk, comments, "For CanAlaska, […]

Click here to view original web page at stockhouse.com

Nuclear energy is the original clean, carbon-free energy. The rare instances of fallout have caused it to gain a negative connotation. As the world migrates towards carbon-free, clean and renewable energy , nuclear energy garners more attention and demand. The fuel for creating nuclear energy comes from uranium. There are many speculative stocks when it comes to uranium production.

Many, if not most of them, have yet to go into total production and are still in exploration, discovery, construction, or the long-drawn-out complex regulatory processes like Energy Fuels Inc. (NASDAQ: UUUU) , Uranium Energy Corp. (NYSE: UEC) , and Dennison Mines Co. (NYSE: DNN) . The Real Deal Uranium Pure Play

Those investors who want to cut to the chase and invest in a pure-play actual uranium-producing company can rest assured watching one name. Canada-based Cameco Corporation (NYSE: CCJ) is the leading uranium producer, already producing millions of pounds […]

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

Current uncertainty around geopolitical and jurisdictional risks is leading to a drying up of uranium spot market interest.

-Ongoing uncertainty as war continues
-Thin trading in U3O8 spot market
-Ongoing global push to extend nuclear capacity

The spot uranium market continued to show signs of limited liquidity last week, industry consultant TradeTech reports. Financial entities remain the primary buyer for delivery of spot uranium as utilities, traders, and others continue to look toward the mid- and longer-term markets for their purchases.This appears counterintuitive since the current spot price sits below mid- and long-term uranium prices. However, not only is demand thin in the spot delivery window, but availability of material within the spot period of 90 days is thin as well.Given the current uncertainty around geopolitical and jurisdictional risks that seems to increase as the war rages on, utilities, producers, and even traders will have taken action to cover […]

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

share

Don’t let the uranium price fool you, positive sentiment is here to stay

Market analysts believe the medium to long term outlook for uranium is promising

Here are 12 sub-$20m market cap stocks to take a closer look at Despite the challenging and uncertain macroeconomic environment, market analysts believe the medium to long term outlook for uranium is promising. Positive sentiment seems to have shifted from an energy policy and geopolitical risk perspective, yet uranium prices have not touched the US$60/lb mark since April last year, which is what a lot of aspiring developers use to justify the profitability of their future operations.While many might be wondering why the price has not budged, Per Jander, WMC Energy technical advisor to Sprott Physical Uranium Trust reminds investors to keep watch as it takes time. “It’s not a big catch-up effect where everything hits the market at […]

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

Nuclear energy is the original clean, carbon-free energy. The rare instances of fallout have caused it to gain a negative connotation. As the world migrates towards carbon-free, clean and renewable energy , nuclear energy garners more attention and demand. The fuel for creating nuclear energy comes from uranium. There are many speculative stocks when it comes to uranium production.

Many, if not most of them, have yet to go into total production and are still in exploration, discovery, construction, or the long-drawn-out complex regulatory processes like Energy Fuels Inc. (NASDAQ: UUUU) , Uranium Energy Corp. (NYSE: UEC) , and Dennison Mines Co. (NYSE: DNN) . The Real Deal Uranium Pure Play

Those investors who want to cut to the chase and invest in a pure-play actual uranium-producing company can rest assured watching one name. Canada-based Cameco Corporation (NYSE: CCJ) is the leading uranium producer, already producing millions of pounds […]

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

Kraken Energy Corp. (CSE: UUSA | OTCQB: UUSAF) (“Kraken”) is a US-focused uranium explorer and developer that is poised to revitalize historic uranium mines in the United States. Kraken is advancing its Apex Uranium Property (and famous historic mine) and its Garfield Hills Property (with historic mine), both located in Nevada. Kraken also recently acquired a third uranium property in Nevada named the Huber Hills. Combining the various properties into one project creates the potential for a future Nevada-based uranium hub and spoke model – this means a central mill to be fed by several nearby mining projects. Apex Uranium Property (100% owned)

The Apex Uranium Property is located 280 km (~174 miles) east of Reno, Nevada, and covers an area of 3,906 hectares (including the new claims). Located on the property is the Apex Uranium Mine, Nevada’s largest past-producing uranium mine. Access to the property is via well-developed […]

Click here to view original web page at investorintel.com

Get instant alerts when news breaks on your stocks. Claim your 1-week free trial to StreetInsider Premium here .

VANCOUVER, British Columbia, March 03, 2023 (GLOBE NEWSWIRE) — Standard Uranium Ltd. (“Standard Uranium” or the “Company”) (TSX-V: STND ) (OTCQB: STTDF ) (Frankfurt: FWB: 9SU ) is pleased to announce that diamond drilling has begun at its 100% owned Sun Dog Project. (“Sun Dog” or “the Project”). Sun Dog is located at the northwestern edge of the Athabasca Basin, Saskatchewan, and is south of the first uranium mining camp in Canada, the Beaverlodge District, near Uranium City.

Key Focus Points: Standard Uranium and Base Diamond Drilling crews began mobilizing to the Sun Dog Project on February 24 th .

Drill equipment has arrived on site and is mobilizing to the first drill pad. Two diamond drills are testing high-priority target areas on the Project, following up on […]

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

Investors were keen on commodities continuing to perform well in February 2023 after a strong January 2023. In the first month of the year, we saw commodities rally hard mainly on the ‘China emerging from Covid and returning to normal/strong levels of economic growth’ trade. Some would also say the ‘Fed pivot’ trade had a part to play… and they wouldn’t be wrong given recent price action and the stronger US dollar move in the latter end of February 2023.

Iron ore, coal, lithium, rare earths, gold, silver, nickel, zinc among others fell in February. But prices still remain high from a historical perspective.

Here is some of the data :

Prices correct as of February 28, 2022. Silver Price: US$20.53 23/oz %: -10.73% Tin Price: US$24,963/t 29,490/t %: -15.35% Zinc Price: US$3000.50/t 3389/t %: -11.46% Cobalt Price: US$34,180/t %: -30.24% […]

Click here to view original web page at equity.guru

VANCOUVER, British Columbia, March 03, 2023 (GLOBE NEWSWIRE) — Standard Uranium Ltd. (“Standard Uranium” or the “Company”) (TSX-V: STND) (OTCQB: STTDF) (Frankfurt: FWB:9SU) is pleased to announce that diamond drilling has begun at its 100% owned Sun Dog Project. (“Sun Dog” or “the Project”). Sun Dog is located at the northwestern edge of the Athabasca Basin, Saskatchewan, and is south of the first uranium mining camp in Canada, the Beaverlodge District, near Uranium City.

Key Focus Points: Standard Uranium and Base Diamond Drilling crews began mobilizing to the Sun Dog Project on February 24 th .

Drill equipment has arrived on site and is mobilizing to the first drill pad.

Two diamond drills are testing high-priority target areas on the Project, following up on known uranium mineralization in addition to prospective alteration and structure intersected during winter 2022 inaugural program. Sun Dog – Winter 2023 Drill […]

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

ValOre Metals and others are working to identify new deposits North of 60 Mining News – March 3, 2023 ValOre Metals completed 6,755 meters of drilling in 53 holes during its 2022 program at its Angilak uranium project. ValOre Metals Corp.

While lithium deposits are sparking fresh interest in Canada’s northernmost territory, uranium is also spurring exploration companies to venture north this year to search for mineral riches in Nunavut.

After a prolonged slump dating back to the recession in 2008, uranium prices are beginning to rebound as nuclear-generated power gains global acceptance as a viable source of affordable green energy.

At least two companies, ValOre Metals Corp., and Forum Energy Metals Corp., are exploring uranium properties in Nunavut.ValOre says it has spent more than $65 million exploring the Angilak Property in southern Nunavut over the years, an effort that has succeeded in demonstrating the property’s district- scale potential.Formerly known as Kivalliq […]

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

Standard Uranium said diamond drilling and geophysics completed in winter 2022 have further refined high-priority uranium drill targets across the 15,770-hectare property Standard Uranium Ltd (TSX-V:STND, OTCQB:STTDF) announced that diamond drilling has begun at its 100% owned Sun Dog project in Saskatchewan’s northwestern Athabasca Basin, south of Canada’s first uranium mining camp in the Beaverlodge district.

The uranium exploration company said Standard Uranium and Base Diamond Drilling crews began mobilizing to the project on February 24. Drill equipment has arrived on site and is being deployed to the first drill pad.

Two diamond drills are testing high-priority target areas on the project, following up on known uranium mineralization in addition to prospective alteration and structure intersected during the winter 2022 inaugural program, the company added. READ: Standard Uranium commences winter exploration program at Sun Dog project, appoints new CFO

“Our team of geologists have done a great job of extracting […]

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

Vancouver, British Columbia, March 02, 2023 (GLOBE NEWSWIRE) — First American Uranium Inc. (CSE: URM) (FSE: IOR) (the “Company”) is pleased to provide an overview of the uranium market and the US-specific potential for growth in nuclear power and uranium exploration and mining. Nuclear energy supplies 10% of the world’s power generation [ 1] and ~20% of America’s electricity. However, to reach global decarbonization targets, the International Energy Agency (IEA) projects that nuclear power production will have to increase by 80% by 2040. [2] Shawn Balaghi, First American Uranium’s CEO, commented: “Between increasing international investment in nuclear energy and rising uranium spot prices that are helping drive strong and sustainable economics, there are many factors contributing to the positive outlook for uranium. First American Uranium is excited to be working hard to become part of the US domestic supply solution at this time.” Please click to view image Advantages […]

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

Tokyo Inflation Slows Sharply as Kishida’s Subsidies Kick In

Inflation in Tokyo decelerated for the first time in more than a year, as ramped-up government subsidies masked a strengthening price trend that will keep scrutiny on the Bank of Japan’s policy path under the likely leadership of Kazuo Ueda.

Adani Bonds Flash Warnings Even as $153 Billion Stock Rout Eases

The historic market meltdown of Adani Group has shown signs of abating after the Indian conglomerate went on a tour to restore confidence and won a $1.9 billion investment by a boutique firm. National Australia Bank CEO Says Three More RBA Hikes Possible Australia’s central bank will hike interest rates as many as three more times over the next six months amid stubborn inflation, according to National Australia Bank Ltd. Chief Executive Officer Ross McEwan. China Retail Investing Remained Lackluster Amid Reopening Rally The excitement over […]

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

Global Atomic Corporation ("Global Atomic" or the "Company") (TSX: GLO) (FRANKFURT: G12) announced today that the Company’s joint venture, Befesa Silvermet Turkey ("BST"), zinc production plant, is expected to resume operations in early March, following the earthquake of February 6 2023. The BST plant sustained only minimal damage and following a thorough assessment, has been declared operational. The required local infrastructure is operating. The neighbouring steel mills that supply Electric Arc Furnace Dust ("EAFD") to the plant are also operating. Global Atomic Corporation (CNW Group/Global Atomic Corporation) President and CEO, Stephen Roman , commented, "We were very relieved that the employees at our joint venture operation in Türkiye survived the initial earthquake and aftershocks that hit the region. Many, however, lost family members and suffered significant damage to their homes. BST is stepping in and providing financial support to our employees to help them get back to normal. Our […]

Click here to view original web page at investingnews.com

This story features PALADIN ENERGY LIMITED. For more info SHARE ANALYSIS: PDN

Despite a positive longer term view, Longview Economics sees a nearer term demand/supply balance leading to uranium price weakness.

-Falling demand for uranium meets growing supply?
-More sanctions imposed on Russia
-Spot market quiet Looking ahead, the cyclical outlook for uranium is deteriorating, Longview Economics believes. In particular, demand has recently been boosted by Japan restarting various reactors, but those plants are all expected to be online within the next several months, resulting in a marginal slowdown in demand growth. More importantly, electricity generation tends to fall during recessions.Given Longview’s expectations for a recession in the US and Europe within the next 6-12 months, the demand outlook for uranium prices is considered relatively poor at this juncture. Likewise, a supply response is coming.In particular, Cameco is reopening its McArthur River uranium mine (the world’s largest) and it […]

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

Uranium Energy Corp. (AMEX: UEC)’s stock price has increased by 3.39 compared to its previous closing price of 3.54. Nevertheless, the company has seen a loss of -6.39% in its stock price over the last five trading days. Is It Worth Investing in Uranium Energy Corp. (AMEX: UEC) Right Now?

Uranium Energy Corp. (AMEX: UEC) has a higher price-to-earnings ratio of 321.82x compared to its average ratio, and the 36-month beta value for UEC is at 2.03. Analysts have varying views on the stock, with 6 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 as “hold,” and 0 as “sell.”

Will You Miss Out On This Growth Stock Boom?

A new megatrend in the fintech market is well underway. Mobile payments are projected to boom into a massive $12 trillion market by 2028. According to Motley Fool this growth stock could "deliver huge returns." Not […]

Click here to view original web page at newsheater.com

The global Uranium market size was valued at USD 2646.85 million in 2021 and is expected to expand at a CAGR of 3.6% during the forecast period, reaching USD 3272.84 million by 2027.

Final Report will add the analysis of the impact of Russia-Ukraine War and COVID-19 on this Uranium Industry.

" Uranium Market " Insights 2023 – By Applications (Military, Nuclear Power Plants, Medicine, Industrial, Others), By Types (Uranium Mining, Recycled Uranium, Others), By Segmentation analysis, Regions and Forecast to 2028. The Global Uranium market Report provides In-depth analysis on the market status of the Uranium Top manufacturers with best facts and figures, meaning, Definition, SWOT analysis, PESTAL analysis, expert opinions and the latest developments across the globe., the Uranium Market Report contains Full TOC, Tables and Figures, and Chart with Key Analysis, Pre and Post COVID-19 Market Outbreak Impact Analysis and Situation by Regions.

Browse Detailed TOC, Tables […]

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