Uranium Mining
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Uranium Demand Creates Room for Miner Momentum
Etftrends· 2026-01-23 20:33
Commodities of all kinds have been performing especially well as of late. Uranium is especially well-positioned to navigate 2026's markets. There are a few reasons why this may be the case. First, advisors and investors saw new indicators in the later part of 2025 that showed that demand for uranium will likely be on the rise for the time being. Back in October 2025, the U.S. government announced a deal to allocate up to $80 billion in funding to construct new nuclear reactors. Riding the momentum in the ur ...
Stallion Uranium Commences Ground Gravity Survey on Additional High Priority Drill Targets
Globenewswire· 2026-01-23 12:00
VANCOUVER, British Columbia, Jan. 23, 2026 (GLOBE NEWSWIRE) -- Stallion Uranium Corp. (the “Company” or “Stallion”) (TSX-V: STUD; OTCQB: STLNF; FSE: B76) is pleased to announce the mobilization of an expanded high-resolution ground gravity survey on its Coyote Target corridor, located in the Athabasca Basin of northern Saskatchewan, Canada. The current program is designed to extend the results of Stallion’s previous ground gravity survey by expanding coverage to the west of the original survey area. Mobiliz ...
HotCopper Highlights, Week 4 CY26: Nyrada Inc, West Wits, Aust Strategic Metals, and more!
The Market Online· 2026-01-23 03:27
Group 1 - American Tungsten & Antimony is set to list on NASDAQ in Q2 2026, with Deutsche Bank facilitating the process, amid renewed interest in critical minerals due to Trump's initiatives [2] - West Wits Mining, an African-based gold explorer, is experiencing increased market interest and liquidity as gold prices approach US$5,000 per ounce due to geopolitical factors [3] - Nyrada Inc, a US-based biotech listed on ASX, has seen a remarkable 1280% increase over the past year, with a recent quarterly report contributing to a further 10% jump in share price [4] Group 2 - PLS Group is back in focus as lithium carbonate benchmarks rise to levels not seen since 2023, potentially leading to dividend payments [4] - Australian Strategic Materials is facing mixed reactions as Energy Fuels, a US-based uranium and critical minerals player, seeks to acquire the company at a premium, with board agreement [5] - Lumos Diagnostics has posted a significant 450% gain over the past year, making it a topic of ongoing discussion among investors [5]
Cameco (NYSE:CCJ) FY Conference Transcript
2026-01-22 19:32
Summary of Cameco (NYSE:CCJ) FY Conference Call - January 22, 2026 Industry Overview - The nuclear industry fundamentals are reported to be stronger than ever, with increasing demand for uranium driven by the revival of nuclear reactors and new constructions globally [2][10] - There are over 60 gigawatt-scale reactors currently under construction worldwide, with significant potential for further developments in 2026 [3][4] Demand Insights - Nuclear demand is projected to rise due to the reactivation and extension of existing reactors, as well as the construction of new reactors [3][4] - The base case demand for uranium is believed to be understated, as it does not account for several significant projects, including a recent $80 billion initiative to build 10 reactors in the U.S. [4][5] - The demand for uranium is also expected to increase from naval propulsion and potential applications in AI and hyperscalers, which are not included in current demand forecasts [5] Supply Dynamics - The supply of uranium is considered overstated, with many projects not operating at full capacity due to insufficient uranium prices [6][9] - The secondary supply, historically significant, is now limited, particularly due to the absence of Russian supply in the Western market [7][8] - The planned production line is also overstated, as preliminary economic assessments are often not realized within the projected timelines [8] Contracting and Pricing Strategy - The uncovered requirements for utilities have never been larger, indicating a strong future demand for uranium [9][10] - The long-term price of uranium is currently at $86 per pound, which is seen as insufficient to convert more resources into reserves [12][19] - The market is shifting towards higher price expectations, with indications that the midpoint of market-related contracts is around $115 per pound [14][16] Strategic Positioning - Cameco is maintaining a disciplined production strategy, not running all assets at full capacity to capture demand at favorable terms [15][19] - The company is focusing on off-market contracts and has significant sovereign demand, indicating a robust pipeline of future contracts [17][19] - Cameco's vertical integration from reactor construction to fuel supply allows for early engagement in the supply chain, enhancing its strategic position [30] Enrichment Strategy - Cameco is exploring opportunities in the enrichment space, particularly with Global Laser Enrichment, while being cautious about trade policies and the potential return of Russian enrichment to the market [31][34] - The company is focused on a project to re-enrich depleted UF6 tails, which could yield significant uranium supply without competing directly in the enrichment market [33] Conclusion - The overall sentiment is optimistic regarding the nuclear industry's revival, with Cameco well-positioned to capitalize on the anticipated demand surge and favorable market conditions [20][31]
Premier American Uranium Announces Upsize of Bought Deal Private Placement to C$13 Million
Accessnewswire· 2026-01-22 14:50
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES. TORONTO, ON / ACCESS Newswire / January 22, 2026 / Premier American Uranium Inc. ("PUR", the "Company" or "Premier American Uranium") (TSXV:PUR)(OTCQB:PAUIF) is pleased to announce that, as a result of strong investor demand, the Company has entered into an amended agreement with Red Cloud Securities Inc. ("Red Cloud") ...
Noble Plains Uranium Delivers Highest-Grade Intercept to Date as Duck Creek Drilling Continues to Confirm Continuity
TMX Newsfile· 2026-01-22 14:00
Vancouver, British Columbia--(Newsfile Corp. - January 22, 2026) - Noble Plains Uranium Corp. (TSXV: NOBL) (OTCQB: NBLXF) (FSE: INE0) ("Noble Plains" or the "Company") a U.S. focused uranium exploration and development company, is pleased to announce results from the next twenty drill holes completed at its flagship Duck Creek Project in Wyoming's Powder River Basin, highlighted by the highest-grade uranium intercept recorded to date and continued strong mineralisation across the roll-front system. The str ...
Peninsula begins next MU-4 acidification stage at Header House 16
Proactiveinvestors NA· 2026-01-22 13:03
Peninsula Energy Ltd (ASX:PEN, OTCQB:PENMF, FRA:P1M) has started acidification at Header House 16 in Mine Unit 4 (MU-4) at its 100%-owned Lance Uranium Project in Wyoming, advancing its production reset plan. Acidification at Header House 14, which began in late December 2025, is tracking ahead of expectations, with average flow rates of about 15 gallons per minute (GPM) to date versus a reset plan assumption of 12 GPM. At this stage of acidification, Peninsula reported the rate of pH reduction is ahead of ...
Greenridge Exploration Announces Results of Summer 2025 Drilling at the Carpenter Lake Uranium Project, Athabasca Basin Area
Globenewswire· 2026-01-22 13:00
VANCOUVER, British Columbia, Jan. 22, 2026 (GLOBE NEWSWIRE) -- Greenridge Exploration Inc. ("Greenridge" or the "Company") (CSE: GXP | OTC: GXPLF | FRA: HW3), is pleased to announce the results of the Summer 2025 diamond drilling program (the “Program”) at its Carpenter Lake Project (“Carpenter Lake” or the “Property”), located on the southern margin of the Athabasca Basin in northern Saskatchewan, Canada. Eight holes were completed for a total of 1,368 metres on selected target areas along the Cable Bay Sh ...
CanAlaska 2025 Summer Drill Program Assays Results Confirm Extension of Pike Zone Mineralization
TMX Newsfile· 2026-01-22 12:30
Pike Zone Mineralized Corridor Remains Open with Strengthening Target Vectors to West$15 Million 2026 Exploration Program Ongoing at West McArthur JV ProjectSaskatoon, Saskatchewan--(Newsfile Corp. - January 22, 2026) - CanAlaska Uranium Ltd. (TSXV: CVV) (OTCQX: CVVUF) (FSE: DH7) ("CanAlaska" or the "Company") is pleased to report that it has received the geochemical assay results from the 2025 summer drill program completed on the Pike Zone at the West McArthur Project (the "Project") (Figure 1). During t ...
Homeland Expands Drilling to Central Area of Coyote Basin Uranium System
TMX Newsfile· 2026-01-22 09:00
Core Viewpoint - Homeland Uranium Corp. is advancing its Phase II exploration drilling program at the Coyote Basin Uranium Project, with significant progress reported in drilling and the identification of elevated radioactivity in the project area [1][2][6]. Drilling Progress - The Phase II drilling program has completed approximately 3,777 metres (12,392 feet) out of a planned 5,300 metres (17,388 feet), representing about 71% completion [2]. - Five additional Reverse Circulation drillholes (CB-RC-0043 to CB-RC-0047) have been completed, with drilling now shifting to the central portion of the project [2][5]. Radioactivity Findings - Drillholes CB-RC-0043 to CB-RC-0045 have shown a laterally continuous horizon of elevated radioactivity extending approximately 1,000 metres (3,280 feet) east-west and 600 metres (1,968 feet) north-south, remaining open for further expansion [3]. - Elevated radioactivity is typically found at depths of approximately 50 to 100 metres (164-328 feet) below the surface, primarily within shales, claystones, and fine-grained sandstones of the Upper Member of the Fort Union Formation [4]. Historical Resource Context - The project area is associated with a historical resource estimate of 8,850,000 tons grading 0.20% U₃O₈, totaling approximately 35.4 million pounds of U₃O₈, calculated by a previous operator based on a 1978-79 program [14]. - The presence of elevated radioactivity in the current drilling is consistent with historical drilling results, providing confidence in the continuity of the mineralized system [6]. Future Plans - The company aims to systematically expand the footprint of the anomalous horizon while advancing geochemical analysis to better characterize uranium mineralization [6]. - Geochemical samples from the completed drillholes have been sent to SGS Laboratories for analysis, with results to be reported once compiled and reviewed [6][11].