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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

Fission Uranium Hits 10.35% U308 Over 14 Meters at Patterson Lake South

Fission Uranium Corp. (TSXV:FCU,OTCQX:FCUUF,FWB:2FU) announced assay results from eight holes drilled at its Patterson Lake South property in Saskatchewan's Athabasca Basin, Canada. To date, Fission has now released assay results from 68 holes of its recent winter program, while results from 24 holes are still pending.

Uranerz Energy Increases Offering to US$12 Million

Uranerz Energy Corp. (NYSE MKT:URZ,TSX:URZ) has increased the size of an offering announced on July 16, 2014 due to demand. It plans to raise gross proceeds of US$12 million by selling 9,600,000 units of Uranerz at a price of US$1.25 per unit.

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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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