Uranium Mining

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Atomic Minerals Expands Mozzie Lake Holdings, Saskatchewan, and Welcomes Mr. Jody Dahrouge to its Advisory Board
Newsfile· 2025-10-07 11:30
Atomic Minerals Expands Mozzie Lake Holdings, Saskatchewan, and Welcomes Mr. Jody Dahrouge to its Advisory BoardOctober 07, 2025 7:30 AM EDT | Source: Atomic Minerals Corp.Vancouver, British Columbia--(Newsfile Corp. - October 7, 2025) - Atomic Minerals Corporation (TSXV: ATOM) ("Atomic Minerals" or the "Company") is pleased to announce it has acquired 5 claims totaling 20,743.5 hectares from DG Resource Management Ltd. ("DGRM") to increase its Mozzie Lake project to 26,073.5 hectares. The new ...
Approval Granted: Anfield Receives Official Greenlight from Utah Regulators for Velvet-Wood Mine Construction
Globenewswire· 2025-10-07 11:00
Core Insights - Anfield Energy Inc. has received approval from the Utah Department of Oil, Gas and Mining to advance the Velvet-Wood uranium project to construction, following prior environmental permit approval from the U.S. Department of the Interior [1][2][8] - The Velvet-Wood project is positioned as a past-producing uranium and vanadium mine, which is expected to facilitate near-term production due to its small environmental footprint [2][8] - Anfield's uranium assets are strategically located in the U.S., where the country consumes nearly 50 million pounds of uranium annually but produces less than 1% domestically [4] Project Details - The Velvet-Wood mine was acquired from Uranium One in 2015, with historical production between 1979 and 1984 yielding approximately 4 million pounds of U3O8 and 5 million pounds of V2O5 from 400,000 tons of ore [5][7] - Current mineral resources for the combined Velvet and Wood mines are estimated at 4.6 million pounds of eU3O8 at a grade of 0.29% and 552,000 pounds of eU3O8 at a grade of 0.32%, with a vanadium-to-uranium ratio of 1.4 to 1 [6] Future Plans - Immediate plans for the Velvet-Wood project include reopening the mine portal, mine dewatering, construction of surface facilities, underground inspection, and construction of a new incline into the mine [8] - The project is part of Anfield's integrated mine-to-mill strategy, which is expected to contribute to U.S. energy security [8]
Stifel Initiates Coverage On Uranium Energy With Buy Rating, $10.50 Target
Financial Modeling Prep· 2025-10-06 18:55
Core Viewpoint - Stifel initiated coverage on Uranium Energy Corp with a Buy rating and a price target of $10.50, highlighting the company's rapid expansion in U.S. production capacity and growth potential from its assets in Canada's Athabasca Basin [1] Group 1: Company Strengths - Uranium Energy has several in-situ recovery assets that provide near-term growth potential and exploration upside [1] - The company has a strong execution record and a successful mergers and acquisitions strategy that enhances its scale and optionality [1] - High liquidity and a large U.S. investor base are additional strengths supporting its transition to a junior producer status [2] Group 2: Market Position - Uranium Energy's unhedged exposure to uranium prices positions it to fully benefit from a rising price environment [2]
URANIUM ENERGY CORP ANNOUNCES THE CLOSING OF $203 MILLION PUBLIC OFFERING
Prnewswire· 2025-10-06 14:17
Proceeds to be Used to Accelerate the Development of the United States Uranium Refining & Conversion Corp NYSE American: UEC materially from those indicated in these forward-looking statements, including those more fully described in the Company's filings with the SEC, including those set forth in the registration statement for the Offering and the preliminary prospectus supplement, as filed with the SEC. The Company disclaims any obligation to update any forward-looking statements to reflect events or c ...
Snow Lake to Acquire Global Uranium and Enrichment Limited Creating a U.S. Focused Nuclear Fuel Cycle Company
Newsfile· 2025-10-06 10:30
Core Viewpoint - Snow Lake Resources Ltd. has entered into a definitive agreement to acquire Global Uranium and Enrichment Limited, aiming to create a U.S. focused nuclear fuel cycle company, enhancing its position in the uranium market and related technologies [1][5][11]. Transaction Highlights - The transaction will consolidate Snow Lake's existing 50/50 joint venture in the Pine Ridge uranium project with GUE, creating one of the largest U.S. focused uranium exploration and development companies [5][6]. - The combined group will benefit from U.S. Administration policies aimed at accelerating nuclear energy development, ensuring national and energy security [5][15]. Strategic Rationale for the Transaction - The merger will enhance exposure to the broader nuclear fuel cycle, including uranium mining, enrichment technology through Ubaryon, and a partnership with Exodys Energy for small modular reactors [3][5][12]. - The combined group will have a diversified portfolio of uranium projects across Wyoming, Colorado, Utah, Canada, and Namibia, along with critical minerals projects in North America [7][8][13]. Financial Aspects of the Transaction - GUE shareholders will receive A$0.0968 in Snow Lake shares for each GUE share held, representing a 40.3% premium to GUE's last closing price and a 54.8% premium to the 30-day VWAP [17][21]. - The combined group is expected to have a market capitalization of approximately US$76.7 million and will be well-funded with around US$18.5 million in cash post-transaction [19][20]. Completion Timeline - The completion of the schemes is targeted for Q1 2026, subject to various customary closing conditions, including shareholder approvals and court approval [24][25].
GoviEx Uranium Announces Continued Progress on Reverse Takeover of Tombador Iron
Newsfile· 2025-10-06 10:00
GoviEx Uranium Announces Continued Progress on Reverse Takeover of Tombador IronOctober 06, 2025 6:00 AM EDT | Source: GoviEx Uranium Inc.Vancouver, British Columbia--(Newsfile Corp. - October 6, 2025) - GoviEx Uranium Inc. (TSXV: GXU) (OTCQB: GVXXF) ("GoviEx" or the "Company") is pleased to report further progress on its proposed reverse takeover transaction (the "Transaction") with Tombador Iron Limited ("Tombador"). Since announcing the Transaction on August 18, 2025, as amended and restate ...
Here's Why Uranium Energy Stock Jumped 24.8% in September
The Motley Fool· 2025-10-05 16:55
Uranium stocks got a boost this month as the U.S. ramps up support for domestically produced nuclear fuel.Shares of Uranium Energy Corp. (UEC -3.62%) increased 24.8% in September, according to data provided by S&P Global Market Intelligence. The stock moved higher as the U.S. government signalled policies aimed at boosting domestic production of nuclear materials.It has been a strong year for uranium and nuclear energy-related companies, which have surged higher as the U.S. and countries worldwide signal co ...
Energy Fuels Announces Closing of Upsized US$700.0 Million Convertible Senior Notes Offering and Full Exercise of Initial Purchasers' Option to Purchase Additional Notes
Prnewswire· 2025-10-04 00:22
Core Viewpoint - Energy Fuels Inc. successfully closed an upsized offering of 0.75% Convertible Senior Notes due 2031, raising a total of US$700 million, reflecting strong investor confidence in the company's initiatives and strategies [1][3]. Offering Details - The offering consisted of 0.75% Convertible Senior Notes with a total principal amount of US$700 million, including an additional US$100 million purchased by initial investors [1]. - The notes will mature on November 1, 2031, unless converted, redeemed, or repurchased earlier [6]. - The cash interest coupon is set at 0.75% per annum, payable semi-annually starting May 1, 2026 [6]. Strategic Implications - The capital raised will strengthen the company's balance sheet and support the acceleration of its rare earth initiatives, including expansions at the White Mesa Mill and the Donald Project in Australia [3]. - The company believes the convertible notes offer a favorable alternative to traditional debt financing due to their attractive coupon rate [2]. Conversion and Dilution Management - The conversion price for the notes is approximately $20.34 per common share, representing a 32.5% premium over the last reported sale price [6]. - The effective conversion price was increased to $30.70 through the purchase of capped call options, which cost approximately $53.55 million [6]. - Conversions may be settled in common shares, cash, or a combination of both, at the company's discretion [6].
F3 Issues Shares for Interest Debt Settlement
Newsfile· 2025-10-03 20:05
Kelowna, British Columbia--(Newsfile Corp. - October 3, 2025) - F3 Uranium Corp. (TSXV: FUU) (OTCQB: FUUFF) ("F3" or the "Company") notes that pursuant its financing agreement with Denison Mines Corp. (TSX: DML) (NYSE American: DNN) ("Denison") from October 2023, it has elected to settle a portion of the interest accrued to date in common shares (the "Debt Settlement").The payment to Denison will consist of a cash payment of $225,000 and a total of 556,931 common shares of the corporation at a deemed price ...
Standard Uranium's Sean Hillacre provides insights into Rocas project deal – ICYMI
Proactiveinvestors NA· 2025-10-03 18:19
Standard Uranium Ltd (TSX-V:STND, OTCQB:STTDF) vice president of exploration Sean Hillacre spoke with Proactive about the company’s newly signed definitive agreement with Collective Metals on the Rocas project. Hillacre explained that the agreement brings in almost $6 million in combined exploration funding and non-dilutive cash, a key milestone for the company. He noted the speed of the deal’s progress, stating, “We announced the letter of intent, I believe last week… and begin an exploration program th ...