Cameco posts ‘surprising’ lower output estimate
Cameco (TSX: CCO; NYSE: CCJ) has cut this year’s production forecast for its main McArthur River uranium mine by significantly more than BMO Capital Markets envisioned, which it said could…
Cameco
Sprott buys 50,000 lb for $5B uranium trust
The Sprott Physical Uranium Trust’s (TSX: U.U for USD; U.UN for CAD) holdings now total about 68.6 million lb. of uranium after it bought 50,000 lb. of the energy metal this week…
Denison shares rise on key Saskatchewan approval
Canada’s first potential in-situ recovery (ISR) uranium project has moved one step closer to reality with Denison Mines (TSX: DML; NYSE: DNN) receiving its environmental assessment (EA) approval from Saskatchewan….
Ontario nuclear plan could boost uranium mining
Ontario is preparing to expand its nuclear energy capacity to meet rising electricity demand, a move that could support uranium consumption and create opportunities for critical-mineral development. The Energy for…
Hudbay pauses Snow Lake mine due to wildfire
Hudbay Minerals (TSX, NYSE: HBM) has temporarily suspended operations at its Snow Lake gold-zinc-copper mine in Manitoba due to surging wildfires and pledged $1 million in financial relief for its…
Opinion: What about processing in this nuclear boom?
A few months ago, I joined a group of farmers discussing Saskatchewan’s modular nuclear reactor proposal. I supported the idea but raised a simple question: Where will Saskatchewan source the…
Supply risks trump demand concerns: Cameco CEO
Global utilities have their work cut out if they hope to secure enough uranium to meet demand over the next 20 years, Cameco (TSX: CCO; NYSE: CCJ) CEO Tim Gitzel…
Uranium: Where claims are hottest now
Uranium has had its ups and downs on the spot market over the last few years. Surging demand and supply constraints elevated the price to a 17-year high in early…
Denison charts unique path towards production
Denison Mines (TSX: DML) is in a rare position – transitioning from project explorer/developer to potentially the producer of Canada’s next uranium mine. To make it even more of an…
Reset needed to boost Canada uranium output: Sprott
Canada’s next prime minister had better be serious about expediting permitting reviews to speed up mine construction, according to the world’s biggest holder of physical uranium. Both leading contenders for…
Interview: Wilkinson mulls more tax credits for juniors
Canada’s Minister of Energy and Natural Resources says he’s open to discussing ways to boost funding in junior mining stocks and that he’s concerned infrastructure financing will disappear under potential…
Cameco books record output amid integration hurdles, supply chain strains
Cameco (TSX: CCO; NYSE: CCJ), Canada’s uranium giant, had mixed results in 2024. While it achieved record output, the company faced challenges with acquisition integration and supply chain issues. For…