Are Uranium Stocks Being Unfairly Punished?

Are Uranium Stocks Being Unfairly Punished?

"This irrational selling in the uranium stocks has created, in my opinion, a buying opportunity," Steve Todoruk of Sprott Global Resource Investments believes.

Anatolia Drilling to Increase Turkish Uranium Resource

Anatolia Energy announced Tuesday that it has commenced a drilling program at its Sefaatli uranium prospect in Turkey, with the intention of moving it toward a JORC-compliant resource and thus adding to the 13.3 million pounds of U3O8 already defined at its nearby Temrezli deposit

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Videos

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

TSX Approves Powertech Uranium and Azarga Resources Merger

The TSX has given conditional approval to the merger between Powertech Uranium (TSX:PWE) and Azarga Resources. The new company will be called Azarga Uranium Corporation. The TSX also conditionally approved the company's $5 million private placement, with the company issuing up to 84 million units at a price of $0.06 per unit.

Azincourt Uranium Planning for 2015 Drill Program

Azincourt Uranium Planning for 2015 Drill Program

Azincourt Uranium Inc. (TSXV:AAZ) reported that planning is underway for a 2015 winter drill program at its Patterson Lake North project. The winter drill program is intended to follow up Azincourt's 2015 summer program.

Alpha Completes Final Tranche of Private Placement

Alpha Completes Final Tranche of Private Placement

Alpha Exploration (TSXV:AEX) announced that it has completed the final tranche of a non-brokered private placement, issuing 1.69 million flow-through units. In total, the company has issued 4,652,777 common shares and 2,326,387 to raise proceeds of $837,500. The proceeds are intended to fund exploration expenditures on properties in the Athabasca Basin.

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Company Videos

Dr. Keith Barron Interviewed on Palisade Radio: The Uranium Bottom is In Right Now

Last week, experienced exploration geologist Dr. Keith Barron was interviewed on Palisade Radio regarding his perspective on the uranium sector. Barron believes “the bottom is in right now” for the metal, and that “we will see a very quick double in the spot price for uranium” once Japan’s reactors are turned back on.

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

New South Wales Shortlists Companies for Uranium Exploration

Mining Weekly reported that the government of New South Wales has shortlisted six companies that would be allowed to apply for uranium exploration licenses in one of three locations "with possible uranium deposits."

Uranium Showing Steady Signs of a Revival

After a long slump following the Fukushima nuclear disaster in 2011, uranium prices are slowly rising leading analysts to believe the long fall could be drawing to a close.

CNSC Requests Safety Checks in Aftermath off Tailings Breach

CTV reported that Canada's nuclear watchdog, Canadian Nuclear Safety Commission, has asked the uranium mining and milling operations that it oversees to ensure that all necessary inspections and monitoring are in compliance with license conditions.

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