Canadian Mining Journal


Uranium


  • News

    URANIUM: West McArthur JV sets aside $2.4M for 2019 drilling, geophysics

    December 11, 2018 by Canadian Mining Journal

    SASKATCHEWAN – Vancouver’s CanAlaska Uranium and Saskatoon’s Cameco Corp. have formed the West McArthur joint venture and agreed on a $2.4-million exploration budget for 2019. CanAlaska will be the operator and 70% owner. Next year’s work will focus on extending

  • News

    URANIUM: Hook Lake JV to spend $3M for 2019 exploration

    December 11, 2018 by Canadian Mining Journal

    Locations of 2019 drill sections in the Derkson Corridor at Hook Lake. (Image: Purepoint Uranium) SASKATCHEWAN – The partners in the Hook Lake uranium joint venture have approved a 2019 exploration budget of $3 million. Situated within the Patterson Uranium

  • News

    URANIUM: Fission 3.0 seeks more shallow, high grade mineralization

    December 11, 2018 by Canadian Mining Journal

    SASKATCHEWAN – Fission 3.0 Corp. of Kelowna, B.C., is preparing for its winter drilling program at four high priority targets – Wales Lake (two holes), Patterson Lake North (five holes), Key Lake (nine holes) and Cree Bay (two holes). About

  • News

    URANIUM: NexGen moves Arrow closer to development

    November 22, 2018 by Canadian Mining Journal

    SASKATCHEWAN – Vancouver-based NexGen Energy now has results from latest batch of 29 holes it drilled at the Rook I uranium property in the Athabasca Basin. The program set out to characterize areas within the Arrow deposit’s footwall, lateral development,

  • News

    Uranium reversal may be close, Purepoint says

    November 8, 2018 by Canadian Mining Journal

    In one of the few exploration projects it is funding next year, Cameco (TSX: CCO; NYSE: CCJ) and its joint-venture partners Orano Canada and Purepoint Uranium (TSXV: PTU) are planning a 36 km ground-electromagnetic survey and 6,000 metres of diamond drilling at their Hook Lake uranium

  • News

    URANIUM: NexGen boosts NPV for Rook I to $3.7B

    November 5, 2018 by Canadian Mining Journal

    SASKATCHEWAN – Vancouver-based NexGen Energy, Wood Group and Rosco Postle Associates have completed the pre-feasibility study for NexGen’s Rook I project in the Athabasca Basin. New numbers include a 64% increase in average annual after tax cash flow and a

  • URANIUM: Canada Revenue Agency appeals Cameco tax ruling

    October 29, 2018 by Canadian Mining Journal

    OTTAWA – Late last month the Tax Court of Canada ruled in favour of Cameco (TSX: CCO; NYSE: CCJ) in the company’s decade-long dispute with the Canada Revenue Agency over tax reassessments for the 2003, 2005 and 2006 tax years. Now the

  • Raymond James adjusts forecasts as uranium outperforms zinc, copper in Q3

    October 11, 2018 by Canadian Mining Journal

    Analysts at Raymond James are lowering their forecasts for zinc and copper prices. For the fourth quarter, the analysts have changed their zinc price forecast to US$1.20 per lb. from US$1.40 per lb., and for 2019 they have trimmed their

  • News

    URANIUM: Denison publishes PFS for Wheeler River

    September 25, 2018 by Canadian Mining Journal

    SASKATCHEWAN – Denison Mines Corp. of Toronto has the results of the pre-feasibility study for its flagship Wheeler River uranium project in the Athabasca Basin. The PFS considers simultaneous development of the Phoenix and Gryphon deposits. The high grade Phoenix

  • News

    URANIUM: More high grades from Fission’s PLS

    September 25, 2018 by Canadian Mining Journal

    SASKATCHEWAN – Fission Uranium of Kelowna, B.C., has drilled nine more high grade holes at its Patterson Lake South uranium project near the southwest rim of the Athabasca Basin. All the holes were drilled in the R780E zone of the

  • URANIUM: Denison buys Cameco’s Wheeler River share

    September 5, 2018 by Canadian Mining Journal

    SASKATCHEWAN – Denison Mines Corp. has struck a deal to acquire the 24% interest in the Wheeler River uranium project currently held by Cameco Corp. Denison will issue approximately 24.6 million shares at a deemed price of $0.65 per share,

  • News

    URANIUM: Cameco suspends McArthur River, Key Lake indefinitely

    July 26, 2018 by Canadian Mining Journal

    SASKATCHEWAN – Hit by falling uranium prices and large quarterly losses, Cameco Corp. says the suspension of mining at McArthur River and mineral processing at Key Lake will continue for the foreseeable future. Mining and milling were originally suspended last