10 Top Uranium-producing Countries

10 Top Uranium-producing Countries

Here's a look at the 10 top uranium-producing countries of 2014, based on statistics from the World Nuclear Association. Kazakhstan took the top spot, and it's followed by Canada and Australia.

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Ross McElroy on Fission’s Latest Assay Results and Upcoming Summer Drill Program

At Canvest, the Investing News Network spoke with Ross McElroy, president and chief geologist for Fission Uranium. The company had just released more assay results from the winter drill program at its PLS property, so naturally McElroy talked about those, noting that they turned out better than Fission had hoped for.

Company News

Pomerantz Files Class action Lawsuit Against Uranium Energy

Pomerantz LLP announced that it has filed a class action lawsuit against Uranium Energy Corp. (NYSE:UEC) and certain officers of the company. This follows an announcement on June 19 that the law firm was investigating claims on behalf of UEC investors.

Energy Fuels Gets Added to Russell 3000® Index

Energy Fuels Gets Added to Russell 3000® Index

Energy Fuels Inc. (TSX:EFR,NYSEMKT:UUUU) announced that it has been added to the Russell 3000® Index. In addition to this, the company has also joined the Russell 2000® Index, which measures the performance of the small-cap segment of the US equity universe.

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Company Videos

CanAlaska Uranium’s Peter Dasler Details Plans for 2015

CanAlaska Uranium Ltd. (TSXV:CVV) President, Peter Dasler, spoke to the Investing News Network at the 2015 Canadian Investor Conference, about the company's West McArthur and Cree East projects in the Athabasca Basin of Saskatchewan that are joint ventured with Japan’s Mitsubishi Corp. (MC Resources ) and a Korean Consortium, (comprising of Hanwha, KORES, KEPCO and SK). In each of those, Mr. Dasler says, "we've found major targets." The key catalyst for 2015 is drilling on one of the other projects, Northwest Manitoba.

Toro Energy Managing Director Dr. Vanessa Guthrie Says Be Patient and Persistent in Tough Times

Toro Energy Ltd. (ASX:TOE) Managing Director Dr. Vanessa Guthrie says what makes Toro Energy stand out from any other uranium company in its class is that, "we are the only project approved, ready to go, and the most advanced in terms of engineering and resource studies in Australia. [And] all we are now waiting for is the time to come back... the market to come back, with the uranium price, which will actually put Wiluna into production." In the last 12 months, major funds have invested in Toro Energy: $5 million from RealFin Capital Partners, and a $20 million investment from The Sentient Group.

Skyharbour Resources CEO talks high grade, at surface uranium in the Athabasca Basin

Skyharbour Resources (TSXV:SYH) CEO Jordan Trimble says the Way Lake Uranium Project in the Athabasca Basin, Saskatchewan: "hosts one of the highest grade showings found at surface in the basin - a 48% U3O8 grab sample at another target on the property so it has a handful of high priority targets, a great upside exploration potential and it's had over 20,000 meters of previous drilling."

Market News

Canada and the UK Sign MOU to Extend Nuclear Cooperation

World Nuclear News reported that Canada and the UK have signed a memorandum of understanding which called for increased cooperation through the nuclear fuel cycle including uranium supply, reactor design, construction, operation and decommissioning.

Australian University Discovers New Method for Extracting Uranium

Mining Weekly reported that new research done by the Murdoch University in Western Australia has discovered a new technique to extract uranium from brannerite, which may result in an additional 1,000 tonnes in annual uranium exports and bring in AU$108 million.

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