Canadian Mining Journal


  • News

    Fission Uranium execs talk 2017 drill strategy at PLS

    February 7, 2017 by Canadian Mining Journal

    VANCOUVER  — Fission Uranium (TSX: FCU; US-OTC: FCUUF) is hoping to strike a fiscal balance between resource expansion and grassroots discovery at its Patterson Lake South (PLS) project in the Athabasca Basin. The company has an enviable capital position following an $82.2-million strategic

  • Japanese utility TEPCO terminates contract, Cameco to pursue legal rights

    February 2, 2017 by Canadian Mining Journal

    In a hastily convened conference call this morning, CEO Tim Gitzel of Cameco Corporation (TSX: CCO; NYSE: CCJ) vowed he would “vigorously pursue remedies to recover value for our shareholders and other stakeholders” after Tokyo Electric Power Co. (TEPCO) confirmed it is terminating a 2009

  • URANIUM: Denison floats $43M deal with Anglo Pacific

    February 1, 2017 by Canadian Mining Journal

    TORONTO – Denison Mines Corp. has signed definitive agreements with Anglo Pacific Group that will put $43.5 million in the Denison treasury. The deal includes a 13-year limited recourse loan of $40.8 million and $2.7 million streaming agreement for 22%

  • News

    URANIUM: NexGen begins 35,000-m winter program at Rook 1

    January 23, 2017 by Canadian Mining Journal

    SASKATCHEWAN – NexGen Energy of Vancouver is planning a 35,000-metre winter drill program at its Rook 1 uranium project on the southwest edge of the Athabasca Basin. Seven drills – four at the Arrow deposit and three at other targets

  • News

    NORTHERN MINER: Kazatomprom’s cuts and uranium’s rebound

    January 19, 2017 by Canadian Mining Journal

    What a difference a month makes. After an absolutely desultory past few years for uranium oxide prices – which saw the spot price of yellowcake hit 11-year lows of only US$18 per lb in December 2016 – by Jan. 16

  • News

    EXPLORATION: Multi-million-dollar exploration plans

    January 18, 2017 by Canadian Mining Journal

    Several Canadian companies have recently announced their 2017 exploration plans, and many of the plans have multi-million-dollar budgets. Here are two of them: Vancouver’s ATAC Resources is accelerating its program at the Rackla gold project 55 km northeast of Keno

  • News

    WRAP UP: Miners offer production and cost guidance

    January 18, 2017 by Canadian Mining Journal

    This is the time of year that many mining companies release their preliminary 2016 production numbers and guidance for 2017. Cameco Corp. of Saskatoon, SK, said it delivered 13.5 million lb of uranium at an average realized price of US$54.46/lb

  • News

    URANIUM: Government overturns Yeelirrie decision

    January 18, 2017 by Canadian Mining Journal

    WESTERN AUSTRALIA – Cameco Corp. of Saskatoon finally has some good news about its Yeelirrie uranium project 650 km northeast of Perth. The state government has overturned an Environmental Protection Authority recommendation that the project not proceed. Cameco continues to

  • News

    URANIUM: Denison boosts its Wheeler River share to 66%

    January 10, 2017 by Canadian Mining Journal

    SASKATCHEWAN – Denison Mines Corp. of Toronto is increasing its share of the Wheeler River uranium project to approximately 66% from 60% by the end of 2018. The property is located in the eastern part of the Athabasca Basin and

  • News

    Western Uranium poised for growth with new technology and big resource

    January 4, 2017 by Canadian Mining Journal

    In some circles, George Glasier, founder of Energy Fuels (TSX: EFR; NYSE: UUUU) and more recently Western Uranium (CSE: WUC; US-OTC: WSTRF), is thought of as an industry rock star. During his first year as president and CEO of the wildly successful Energy Fuels

  • News

    URANIUM: NexGen drilling at Arrow returns 30 metres at 15% U3O8

    December 21, 2016 by Canadian Mining Journal

    SASKATCHEWAN – The assays are in from the final 10 holes drilled last summer at the Arrow deposit, part of the Rook I uranium project belonging to Vancouver-based NexGen Energy. “Very good” might be an understatement for some of the

  • News

    URANIUM: Fission sets out $6.5M drill program

    December 20, 2016 by Canadian Mining Journal

    SASKATCHEWAN – Fission Uranium Corp. of Kelowna, BC, has set aside at least $6.5 million for a 34-hole, 10,105-metre winter drilling program at its PLS property in the Athabasca Basin. The program includes several regional targets outside of the Triple