The spot uranium market ran into a fair bit of pressure last week, with industry consultant TradeTech's weekly spot price indicator losing 5.3% to reach $21.25/lb. According to TradeTech, seven transactions totaling 800,000 lbs U3O8 took place, with buyers having the upper hand. TradeTech's spot price indicator has run into resistance since peaking at $26.50 per lb in February.Meanwhile, a positiv...Read More
FROM THE BROKING DESKWe'll be hosting an Investor Seminar on the Uranium Market on Friday 2 June at our London office. This will start at 12:00 and will involve:?EUR? a talk by Adam Christopher from TradeTech on the uranium market;?EUR? a follow-up Q&A over a sandwich lunch; and?EUR? a presentation by Mike Young, CEO of Vimy Resources.We should be finished by 14:00.TradeTech is the leading indepen...Read More
Uranium prices steadied in late 2017 after spot prices collapsed to a 17-year low. The price recovery picked up steam in early 2017, with the catalyst behind uranium's turn higher Kazakhstan's production cuts.Uranium producers have been reducing output since the Fukushima disaster, which dented immediate demand for uranium and put the future of nuclear power in question. With healthy stockpiles of...Read More
TORONTO, ONTARIO--(Marketwired - May 16, 2017) - NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATESMega Uranium Ltd. (TSX:MGA) ("Mega") announces today that it is proposing to complete a non-brokered private placement to sell up to 4,166,667 units (the " Units") at a price of $0.18 per Unit, for aggregate gross proceeds of up to $750,000 (the "Financi...Read More
PERTH, WESTERN AUSTRALIA --(Marketwired - May 16, 2017) - Paladin Energy Ltd ("Paladin" or "the Company") (ASX: PDN) (TSX: PDN) announces the release of its condensed consolidated interim financial report for the nine months ended 31 March 2017. The condensed consolidated financial report is appended to this News Release.HIGHLIGHTSReferences below to 2017 and 2016 are to the equivalent nine month...Read More
PERTH, WESTERN AUSTRALIA--(Marketwired - May 16, 2017) - Paladin Energy Limited (Paladin or the Company) (ASX: PDN) (TSX: PDN) refers to its previous announcements regarding the Restructure Proposal and the independent valuation process being undertaken to value Paladin's 75% interest in the Langer Heinrich Mine (LHM) in response to the decision by CNNC Overseas Uranium Holdings Limited (CNNC) to...Read More
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES ORFOR DISSEMINATION IN THE UNITED STATESToronto, Canada (May 16, 2017) - Mega Uranium Ltd. (MGA: TSX) ("Mega") is pleased to announce that it has increased the size of its previously announced non-brokered private placement financing to up to 6,944,445 units (the "Units"), at a price of $0.18 per Unit, for aggregate gross proceeds of up to $1...Read More
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATESToronto, Canada (May 16, 2017) - Mega Uranium Ltd. (MGA: TSX) ("Mega") announces today that it is proposing to complete a non-brokered private placement to sell up to 4,166,667 units (the " Units") at a price of $0.18 per Unit, for aggregate gross proceeds of up to $750,000 (the "Financing").Each U...Read More
Weekly Reports |May 16 2017Utility interest emerged in the uranium spot market last week but was unable to satisfy all sellers, leading to a -5% price fall.By Greg PeelA cheer wet around the uranium spot market last week as a utility moved in with buying interest, just as has long been anticipated. But with sellers lined up and poised, not everyone was going to be satisfied.Thus when news reached...Read More
CENTENNIAL, Colo., May 11, 2017 - Uranium Resources, Inc. (Nasdaq: URRE; ASX: URI), an energy metals exploration and development company, announced today its results for the first quarter of fiscal year 2017, and also discussed its business outlook and its energy metals business development in 2017.Christopher M. Jones, President and Chief Executive Officer, said, "Improvements in our working capi...Read More
Centennial, CO - May 4, 2017 - Uranium Resources, Inc. (NASDAQ: URRE) will hold a conference call to discuss its first quarter 2017 financial results and recent developments on Friday, May 12, 2017 at 1:00 p.m. Eastern Time (11:00 a.m. Mountain Time).Dial-in Numbers: +1 (800) 319-4610 (U.S. and Canada)...Read More
Palisade Research May 1, 2017 Category: Research Before scrolling down, take a guess at the three best and worst performing commodities of 2016 and 2017!Ok now go... 2016 was a good year for commodities. The Bloomberg Commodity Index, which is a diversified benchmark for commodity investments, gained 10%. Uranium ended the year down 41%! The nuclear sector spent much of 2016 continuing its...Read More
CENTENNIAL, Colo., April 27, 2017 - Uranium Resources, Inc. (Nasdaq: URRE; ASX: URI), an energy metals exploration and development company, announced that President and CEO Christopher M. Jones will provide a business update at the Mines & Money New York conference on Thursday, May 4, 2017. Over the past six months URI has focused work on its Columbus Basin project, including completion of a surfa...Read More
CENTENNIAL, Colo., April 20, 2017 - Uranium Resources, Inc. (Nasdaq: URRE; ASX: URI), an energy metals exploration and development company, announced that President and CEO Christopher M. Jones will provide a business update in a presentation at the Planet MicroCap Showcase conference at 1:30 p.m. PDT on Thursday, April 27, 2017. Mr. Jones will also meet with investors during the conference. A liv...Read More
Palisade Research April 20, 2017 Category: Research Current Price: C$0.205Shares Outstanding: 321.5 millionMarket Capitalization: C$65.9 million52-Week Range: C$0.085-C$0.44Cash: ~C$6.6 millionTotal Liabilities: ~C$8.3 millionAfter France lost a series of wars to Great Britain and other European powers during the late 18th and early 19th century, the country began rebuilding its colonial empire, t...Read More
CENTENNIAL, Colo., April 5, 2017 - Uranium Resources, Inc. (URI) (Nasdaq: URRE; ASX: URI), an energy metals development company, announced today that its independent geophysical consultant has completed the review, integration and reinterpretation of historical geophysical survey data recently acquired by the Company, that covers its Columbus Basin lithium brine exploration project in Nevada. Th...Read More
Toronto, Ontario (March 30, 2017) - Mega Uranium Ltd. (TSX: MGA) announces the resultsof its annual shareholder meeting held earlier today. Each of the nominees listed below was electedas a director by a show of hands of the majority of shareholders. The results of the shares voted in person orby proxy in respect of the election of each director are:Nominee Shares Voted ForShares WithheldAlber...Read More
CENTENNIAL, Colo., March 27, 2017 - Uranium Resources, Inc. (URI) (Nasdaq: URRE; ASX: URI), announced today that its wholly-owned subsidiary, Lithium Holdings Nevada LLC, entered into an Option Agreement on March 24, 2017 to purchase a block of unpatented placer mining claims covering an area of approximately 3,040 acres within the Columbus Salt Marsh area of Esmeralda County, Nevada. The claims...Read More
CENTENNIAL, Colo., March 9, 2017 - Uranium Resources, Inc. (Nasdaq: URRE; ASX: URI), an energy metals exploration and development company, announced that President and Chief Executive Officer Christopher M. Jones will be presenting at the 29th Annual ROTH Conference in Dana Point, California at 10:30 a.m. Pacific Time on Wednesday, March 15, 2017. The ROTH Conference is organized by ROTH Capital...Read More
CENTENNIAL, Colo., March 6, 2017 - Uranium Resources, Inc. (Nasdaq: URRE; ASX: URI), an energy metals development company, announced today that it has completed certain key activities in support of ongoing work at the Columbus Basin Project, including the acquisition of geophysical data from a major mining company and the submittal of two water rights applications to the State of Nevada.Chris Jone...Read More