Core Viewpoint - Forsys Metals Corp. has changed its auditor from BDO Audit Pty Ltd. to RSM Canadea LLP, effective February 5, 2026, with the new auditor appointed until the next annual shareholder meeting [1][2]. Group 1: Auditor Change - The resignation of the Former Auditor was approved by the Company's board of directors and audit committee [2]. - There were no reservations or modified opinions in the Former Auditor's reports regarding the Company's financial statements for the relevant period [2]. Group 2: Company Overview - Forsys Metals Corp. is an emerging uranium developer focused on advancing its wholly owned Norasa Uranium Project located in Namibia, Africa [4]. - The Norasa Uranium Project includes the Valencia Uranium deposit and the nearby Namibplaas Uranium deposit [4].

Australian mining group Berkeley Energia said on Friday it has filed a claim at the World Bank's arbitration tribunal seeking about $1.25 billion from Spain, as it presses its case over the blocked Sa... ...

Core Insights - Cameco, the second-largest uranium miner globally, is experiencing significant growth as the nuclear energy market rebounds, with its stock price increasing nearly 750% over the past five years compared to the S&P 500's less than 80% rise [1][2] Industry Overview - The nuclear energy sector faced a downturn after the Fukushima disaster in 2011, leading to a decline in uranium prices from a peak of $136 per pound in June 2007 to $18 per pound by November 2016, causing Cameco and its peers to temporarily close major mines [3] - Currently, uranium's spot price has rebounded to $94 per pound, driven by increased demand from the cloud and AI markets, the restart of nuclear projects, advancements in reactor technology, geopolitical tensions, and previous mine closures that tightened supply [4] Company Performance - Cameco's revenue fell from $2.4 billion in 2011 to $1.2 billion in 2021, but from 2021 to 2024, the company has seen a revenue growth rate of 29% CAGR, with projections of 9% revenue growth and 91% EPS growth from 2024 to 2027 [2][5] - The company has diversified its operations by acquiring a 49% stake in Westinghouse Electric, reducing its reliance on fluctuating uranium prices [5] Dividend Potential - Despite a low forward dividend yield of 0.15%, Cameco has a trailing payout ratio of 13%, indicating potential for future dividend increases, especially with analysts predicting uranium prices to rise to at least $100 per pound this year [6]

Core Viewpoint - District Metals Corp. is responding to recent Swedish media reports regarding changes in municipal veto rights related to uranium and Alum Shale mining, which may impact the company's operations and strategic positioning in the mining sector [1][2]. Regulatory Developments - The Swedish government has proposed lifting the municipal veto for uranium mining and processing, while initiating an inquiry into Alum Shale mining, which may include a new municipal veto for Alum Shale extraction [1]. - Exploration and mining of uranium from Swedish deposits became legal on January 1, 2026, and this legislative change is currently in effect [2]. Company Strategy and Operations - The company is advancing its flagship Viken Property, which contains the largest undeveloped mineral resource estimate of uranium globally, along with significant resources of vanadium, potash, molybdenum, nickel, copper, zinc, and rare earth elements [7]. - The company plans to conduct a Preliminary Economic Assessment and Economic Impact Study for the Viken Property to demonstrate its economic, social, and strategic benefits for Sweden [4]. - The company is committed to engaging with regulators and local authorities to support a transparent and environmentally responsible mining framework in Sweden [4]. Industry Context - The company emphasizes the need for regulatory clarity that balances the strategic value of Sweden's critical raw materials with environmental and community considerations [3]. - A robust and uniform permitting process is deemed essential for protecting investments and ensuring the successful development of mining projects [3].

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

Core Insights - Noble Plains Uranium Corp. has reported results from the latest twenty drill holes at its Duck Creek Project, bringing the total to 122 holes reported since December 1, 2025, indicating significant progress in uranium exploration [1][3]. Drill Results - The most notable results include hole 25-15-115, which returned 20.0 feet of 0.207% eU₃O₈, with a peak of 2.0 feet at 1.05% eU₃O₈, and hole 25-16-122, which intersected 17.5 feet of 0.170% eU₃O₈, including 2.0 feet at 0.875% eU₃O₈, both exceeding previous highest grades reported [2][4]. Geological Insights - The drilling results confirm the continuity and improving quality of the uranium asset at Duck Creek, with evidence supporting the potential for higher-grade zones as drilling progresses northward [3][5]. Project Development - The Duck Creek drill program is designed to confirm historic data, expand shallow mineralization, and conduct first-ever drilling of the Fort Union Formation, with a total of 37,400 feet planned across approximately 150 holes [9][10][11]. Strategic Positioning - The company aims to build a growing inventory of U.S.-based uranium pounds in known production areas, positioning itself to benefit from a strengthening uranium price environment and increasing focus on domestic critical-mineral supply [8][15]. Future Outlook - The ongoing drilling program is expected to lead to the first compliant resource under NI 43-101 standards, with the potential to significantly increase the scale of uranium mineralization on the project [7][12].

Market Performance - Wall Street showed moderate performance in January 2026, with the S&P 500 gaining 1.1%, Dow Jones up 0.9%, Nasdaq Composite increasing by 0.8%, while Russell 2000 declined by 0.7% [1] Key Events - President Trump's nomination of former Fed governor Kevin Warsh as the next Fed chair was a significant event, with Warsh known for his inflation-hawk stance during his tenure from 2006 to 2011 [2] - Geopolitical tensions rose due to U.S. actions against Venezuela and Trump's comments on Iran and NATO, contributing to market unease [4] - Japanese stocks reached record highs amid speculation of snap elections by Prime Minister Sanae Takaichi, who is expected to implement aggressive fiscal policies [6] - U.S. consumer confidence fell to its lowest level since 2014, driven by concerns over personal finances and inflation [7] Natural Gas and Weather Impact - Winter storm Fern impacted natural gas prices positively, with demand for heating increasing, leading to a 9.2% rise in the United States Natural Gas Fund LP (UNG) over the past month [10] - Economists project that the storm could reduce first-quarter 2026 GDP by 0.5-1.5 percentage points [8][9] Precious Metals - SPDR Gold Trust (GLD) increased by 7.2% this year but faced an 8.2% decline in the past week, while iShares Silver Trust (SLV) gained 10.2% year-to-date but dropped 26.1% recently [11] - The strengthening U.S. dollar, influenced by Warsh's nomination, negatively affected commodity prices, including gold and silver [12] Sector Performance - Breakwave Tanker Shipping ETF (BWET) surged by 92.5% due to increased freight rates from geopolitical tensions [13] - Robotics sector showed strong performance with Themes Humanoid Robotics ETF (BOTT) up 25.1%, driven by advancements in automation [15] - ASML Holding-Heavy ETF (ASMH) rose by 16.6% following positive sales guidance and strong demand in AI [16] - Franklin FTSE South Korea ETF (FLKR) increased by 15.5%, attributed to a strong chip rally and optimism around new technologies [17] - Sprott Uranium Miners ETF (URNM) gained 15.4% as uranium futures rose on speculation of high long-term demand [19]

Drilling Focused on High-Priority Targets for Basement-Hosted UraniumTargets Only 15 Kilometers from Key Lake Mine and Mill ComplexSaskatoon, Saskatchewan--(Newsfile Corp. - February 4, 2026) - CanAlaska Uranium Ltd. (TSXV: CVV) (OTCQX: CVVUF) (FSE: DH7) ("CanAlaska" or the "Company") is pleased to announce the start of the 2026 drill program on the Key Extension project (the "Project") in the southeastern Athabasca Basin (Figure 2). The 2026 Key Extension winter program will focus on a series of high-prio ...

Core Viewpoint - Bayridge Resources Corp. is advancing its exploration program for the Baker Lake Uranium Project in Nunavut, focusing on multiple priority uranium targets identified through historical and modern exploration data [1][4]. Project Overview - The Baker Lake Uranium Project is located in the Kivalliq Region of Nunavut, covering 619 km² with 83 contiguous claims [4][11]. - The project is situated within the Thelon-Baker Basin, which is considered geologically similar to Saskatchewan's Athabasca Basin, known for its uranium deposits [2][4]. - Historical exploration has already established a modern exploration value of $7 million [4]. Exploration Strategy - The exploration strategy emphasizes a disciplined, phased approach, prioritizing areas with structural complexity and elevated uranium responses [6]. - Key elements of the planned exploration program include a desktop review of historical data, reinterpretation of airborne geophysical surveys, and detailed geological mapping [9][14]. Program Highlights - Historical drilling has revealed multiple significant uranium intercepts, with 20 uranium prospects identified along 70 km of the Baker Basin unconformity [8]. - The 2008 TEMPEST® survey defined 30 high-priority uranium targets, with unexplored high-priority drill targets remaining along untested EM conductors [4][8]. - A planned ~3,000 m helicopter-supported diamond drilling program aims to test priority uranium targets identified through historical data review and modern reinterpretation [14].

Company Overview - Energy Fuels Inc. (NYSE:UUUU) is involved in the exploration, development, and sale of uranium properties, while also producing vanadium, rare earth elements, and heavy mineral sands such as ilmenite, rutile, zircon, and monazite [3]. Market Sentiment - Jim Cramer recently highlighted Energy Fuels during a segment, expressing skepticism about the stock's performance and suggesting it is not a favorable investment choice, particularly in the context of nuclear power [1][3]. - Cramer noted that while he believes in the potential of nuclear power, he does not foresee a near-term renaissance for the industry, indicating that it could take a decade to build new nuclear plants in the U.S. [3]. Stock Performance - Energy Fuels has seen a significant increase in its stock price, reportedly up over 215% for the year, despite concerns about its financial performance and valuation [3]. - Cramer described Energy Fuels as a company that is "great at both losing money and hitting the 52-week high list," which raises questions about its sustainability and future growth [3]. Competitive Landscape - Cramer recommended GEV as a better investment in the nuclear sector, indicating that it is ahead of its competitors [1]. - He also mentioned Westinghouse, owned by Brookfield, as a strong company in the nuclear space, further emphasizing the competitive dynamics within the industry [1].