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."
CBM Asia Development Corp. (TSXV:TCF) applied for a management cease trade order to the British Columbia Securities Commission due to a delay in obtaining financial information and lack of funding.
Azincourt Uranium Inc. (TSXV:AAZ) has signed a non-binding letter of intent with Macusani Yellowcake Inc. (TSXV:YEL,FWB:QG1) which contemplates the acquisition by Macusani of all of Azincourt's adjacent uranium properties on the Macusani Plateau in Peru in exchange for 68,350,000 common shares of Macusani.
Forum Uranium Corp.'s (TSX VENTURE:FDC) winter drill program on its 100% owned Clearwater Property has successfully identified five major structural trends with reactivated graphitic shear zones, alteration, and areas of localized radioactivity. These positive results warrant leaving the camp and drill on site to expedite the planning of a follow-up summer program with minimal start-up costs.
Deutsche Welle reported that Germany's Essen based RWE (ETR:RWE) has begun supplying gas to the Ukraine. According to Deutsche-Welle, RWE signed a contract for natural gas deliveries with Kyiv in 2012, but has not yet specified the price Ukraine will pay for the gas.
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.