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Mickey Fulp: A Hopeful Optimist in Today’s Markets

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.

Mickey Fulp Likes US Uranium Producers

At the Vancouver Resource Investment Conference, Mickey Fulp identified Energy Fuels as a company that will prosper as the uranium price rises.

Company News

Aldrin Resource Corp Prepares for Follow up Drill Program

Aldrin Resource Corp Prepares for Follow up Drill Program

Aldrin Resource Corp. (TSXV:ALN) is currently preparing for a drill program that will follow up multiple zones of mineralization discovered at its anticline target on the Triple M Uranium property. The first drill hole at the target intersected strong uranium mineralization over significant intervals.

Cameco Gets Environmental Recommendation for Kintyre Uranium Mine reported today that Cameco has received approval from Western Australia's Environmental Protection Agency, which will recommend state approval for the mine. The EPA gave its approval subject to certain conditions.

Paladin Energy Reports Releases Quarterly Activities Report

Paladin Energy Ltd. (TSX:PDN,ASX:PDN) provided its quarterly activities report for the three months ended June 30, 2014. Highlights included the completion of the Langer Heinrich minority Joint Venture US$190 million sale, strong FY14 production and a 25 percent increase in Measured and Indicated resources for the Michelin project.

Fission Uranium Hits Off-Scale Mineralization in 7 holes at Patterson Lake South

Fission Uranium Corp. (TSXV:FCU,OTCQX:FCUUF,FWB:2FU) reported results from the first 14 drill holes from its Patterson Lake South summer drill program. Notably, all 14 holes returned wide mineralization, with seven angled holes and three vertical holes returning substantial intervals of off-scale (>10,000 cps) radioacticity.

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Company Videos

Northern Uranium Corp. CEO Chad Ulansky (TSX-V:UNO)

Northern Uranium Corp. (TSXV:UNO) CEO Chad Ulansky spoke to Resource Investing News about the company’s Northwest Manitoba project which was recently optioned from CanAlaska Uranium Limited.

Market News

Japan Grants Preliminary Approval for Two Reactor Restarts

RT News reported this morning that Japan's Nuclear Regulation Authority has given its preliminary approval regarding the restart of two reactors at the Sendai power plant. Prior to the Fukushima plant disaster, the country generated a third of its electricity from nuclear plants, according to RT News.

Large Uranium Deposit Discovered in Nepal

Hindustan Times reported that a potentially large uranium deposit, in the Upper Mustang region of Nepal near the border of China was discovered by ground radiometric survey.

Russia Planning To Build Nuclear Reactors in Iran

Reuters reported that Russia has plans to sign a contract with Iran later this year to build to more nuclear reactors at the Bushehr power plant as part of a broader deal for up to eight reactors.

Japan Court Rules Against Nuclear Restarts

Reuters reported that in a rare victory for anti-nuclear proponents a Japanese court ruled against allowing the restart of a nuclear power plant west of Tokyo.

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