Uranium Energy Hits Major Milestones at Palangana and Burke Hollow Projects

Uranium Energy Hits Major Milestones at Palangana and Burke Hollow Projects

Uranium Energy has been granted all permits for the planned expansion of its Texas-based Palangana ISR mine and is now fully permitted for extraction in new resource areas. Additionally, it received disposal well draft permits for its Burke Hollow ISR project, also in Texas.

Uranium Mining 101: Part 1 — Exploration

Resource Investing News breaks down in layman's terms what goes into detecting uranium in the ground and underwater, also detailing what tests companies undertake to determine the size and density of a deposit and what goes into geophysical analysis.

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Videos

Ross McElroy on Fission’s Latest Drill Results

Fission reported off-scale radiation on land 555 meters west of the Triple R deposit. The company was on the show floor at the 2015 PDAC International Convention, Trade Show & Investors Exchange, so Resource Investing News caught up with Fission's president and COO, Ross McElroy to talk about the results.

Energy Fuels: Creating a Stronger Company for Shareholders

Curtis Moore of Energy Fuels explains how his company's acquisition of Uranerz will benefit both companies. "We're going to become the dominant uranium mining company in the United States," he said.

Company News

NexGen Energy Confirms High Grade Uranium at Northeast Edge of the Arrow Zone

NexGen Energy Confirms High Grade Uranium at Northeast Edge of the Arrow Zone

NexGen Energy Ltd. (TSXV:NXE) released further assay results from its Winter 2015 program at at the Arrow zone, Rook I property in the Athabasca Basin in Saskatchewan. The high grade cores within A2 and A3 shears have been expanded, and confirmed and exceeded expectations with assay results from angled drill holes AR-15-39, -39w1, and -41. An angled drill hole has confirmed the presence of high grade uranium at the northeast edge of the Arrow zone. Preparations are underway for a five-rig drill program slated to start in early- to mid-June.

NexGen Energy’s $23,740,000 Bought Deal Financing Closed

NexGen Energy’s $23,740,000 Bought Deal Financing Closed

NexGen Energy Ltd. (TSXV:NXE) announced the closing of its bought deal financing of $23,740,000. The bought deal was co-led by Cormark Securities and Cantor Fitzgerald Canada, on behalf of a syndicate of underwriters which included Dundee Securities and Haywood Securities and special assistance from Numis Securities Limited United Kingdom.

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Company Videos

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."

GoviEx Uranium CEO Provides an Update on Uranium in Niger

GoviEx Uranium Inc. (CSE:GXU) CEO Daniel Major provides an update on the Madaouela Uranium Project in Niger: "and if the market improves as we expect it to do in uranium, we will be able to start construction into that rising uranium market."

Market News

EIA Releases 2014 Uranium Marketing Annual Report

The US Energy Information Administration just released its 2014 Uranium Marketing Annual Report, which showed that owners and operators of US civilian nuclear power reactors (COOs) purchased 53 million pounds of U3O8 in 2014, at an average of US$46.16, down 7 percent from a total of 57 million pounds on-year.

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