What do you get when you consolidate two adjacent uranium assets? Possibly one of the largest, most highly prospective uranium districts in the world.
The future does not look good for coal miners as increasing government regulations, environmental concerns and public opinion in favor of energy alternatives threaten the resource's market share.
Uranerz Energy has just joined the ranks of uranium producer.
Uranium Energy has moved its third ISR uranium project, Burke Hollow in South Texas, into the production permitting stage.
At this year’s Prospectors and Developers Association of Canada conference, Investing News Network spoke with Mercenary Geologist Mickey Fulp, who is hopefully optimistic in today’s resource market.
At the Vancouver Resource Investment Conference, Mickey Fulp identified Energy Fuels as a company that will prosper as the uranium price rises.
Chris Berry, founder of House Mountain Partners, told Uranium Investing News that he still believes in uranium and sees it as "a contrarian's dream."
CBC reported today that Teck Resources Ltd. (TSX:TCK.B) will delay the start of its Quintette coal mine in Tumbler Ridge, BC. Teck also plans to cut 600 jobs worldwide after posting profits amounting to less than half of what it made in last year’s first quarter.
Reuters reported today that Russian natural gas producer Gazprom has stated it will be able to meet rising gas demands from Europe with its new projects.
The Financial Post reported today that oil prices in Canada are holding steady, although shares in TransCanada Corp. (TSX:TRP) fell after news that the U.S. would delay a decision regarding the company's Gulf Coast pipeline project. TransCanada share prices fell by 3.7% in Toronto on Monday, the biggest fall since summer 2009, according to the Post.
Aldrin Resource Corp. (TSXV:ALN) announced that the initial four (4) drill holes on its Triple M Property in northern Saskatchewan intersected alteration, structures, and breccias zones within a metasedimentary rock succession including elevated radioactivity counts in a graphitic fault zone.
Toro Energy Limited (ASX:TOE) Managing Director Vanessa Guthrie spoke to Resource Investing News about the Wiluna Project, Western Australia’s emerging uranium mine.
Ur-Energy Inc. (TSX:URE,NYSEMKT:URG) Director of Investor Relations Rich Boberg talks about the Lost Creek project in south-central Wyoming.
Macusani Yellowcake Inc. (TSXV:YEL) CEO Laurence Stefan spoke about current uranium prices and said, "we cannot be much better than the market we are in."
UEX Corporation (TSX:UEX) President & CEO Roger Lemaitre, spoke to Resource Investing News at the Prospectors and Developers Association of Canada (PDAC) Convention about their projects with Cameco Corporation and AREVA.
The Vancouver Sun reported that a government decision to exempt 99 percent of provincially produced natural gas from environmental assessment was reversed by the Liberal government and British Columbia Environment Minister Mary Polak on Wednesday.
Reuters reported today that U.S. Benchmark Brent crude oil prices increased to their highest on almost six weeks on expanding sanctions against Russia over issues in Ukraine. However, the price rise was halted with news of the first oil tanker being reloaded on Tuesday at Libya's Hariga port after a month long closure.
The Globe and Mail reported that a slump in coal prices is hurting mining in British Columbia and has caused US-based Walter Energy Inc. (NYSE:WLT) to cease mining operations in the province.
Reuters reported that Israel will likely focus on Egypt as a trade partner while putting plans to pump gas to an export plant in Cyprus on the backburner.