Articles Tagged "uranium"

TEPCO’s Uranium Stockpile Sale Likely a ‘One-Off’ Move

News surfaced recently that Tokyo Electric Power, or TEPCO, which has not consumed uranium since the 2011 Fukushima nuclear crisis, is planning to sell part of its uranium stockpile during its 2015 fiscal year in an effort to cut costs. The sale could add 6.56 million pounds of U3O8 equivalent to the spot market.

‘Slight Rebound’ for Uranium Price in First Week of May

The uranium spot price may have held its ground moving into April, but as the month wore on it dipped to $38.25 per pound of U3O8. The price slipped even further last week, and on May 4 recorded its largest one-week fall since November 2014. Fortunately for uranium fans there was some brighter news towards the end of last week.

Plateau Uranium Increases Resource Estimates for Macusani Plateau Properties

Plateau Uranium continues to make progress at its uranium projects on Peru's Macusani Plateau. Most recently it significantly increased the collective mineral resource estimate for those properties. The indicated resource for all of those projects now sits at 51.9 million pounds at 248 parts per million U3O8, while the inferred resource comes to 72.1 million pounds at 251 ppm U3O8.

Peninsula Energy: Ready to Start Production in Q3 2015

Peninsula's Lance projects, which are fully funded and in the final stages of construction, are situated in Wyoming and are set to begin production in the third quarter of this year. Resource Investing News spoke with Executive Chairman Gus Simpson to find out how the company got to that point and what's next.

GoviEx Continues to Make Progress at Madaouela Project in Niger

Resource Investing News spoke with Daniel Major, CEO of GoviEx Uranium, about his company's Madaouela project in Niger and how it's progressing in today's low price environment. He also touched on his outlook for the uranium market moving forward.