Shares of uranium and rare earths miner Energy Fuels (UUUU 14.48%) rallied 13.8% on Tuesday.Energy Fuels had multiple news items boosting sentiment today. First, the company announced record monthly uranium production from one of its operational mines in May. Second, Meta Platforms (META -0.60%) signed a 20-year nuclear agreement with Constellation Energy (CEG -0.13%) to power its AI data centers, lifting sentiment for future uranium demand.Together, these items fueled a double-digit move in the stock.Energ ...

VANCOUVER, British Columbia, June 03, 2025 (GLOBE NEWSWIRE) -- Greenridge Exploration Inc. (“Greenridge” or the “Company”) (CSE: GXP | FRA: HW3 | OTCQB: GXPLF), is pleased to announce that it has acquired the Raven Uranium Project (“Raven”, or the “Property”) in northern Saskatchewan, Canada via low-cost staking. Raven consists of four mineral claims encompassing 6,269 hectares (15,491 acres), located near the eastern margin of the Athabasca Basin about 65 kilometres (40 miles) southeast of Cameco Corporati ...

Core Viewpoint - Energy Fuels Inc. is rapidly advancing its uranium production capabilities and pipeline projects in response to recent U.S. government initiatives aimed at revitalizing the domestic uranium industry, with significant achievements reported at the Pinyon Plain mine and other projects [2][3]. Group 1: Pinyon Plain Mine Achievements - The Pinyon Plain mine achieved a record production of 6,043 tons of ore in May, with an average grade of 2.14%, yielding 258,745 pounds of U3O8, a 71% increase from the previous month [4]. - Over the past five months, the mine produced approximately 12,461 tons of ore at an average grade of 1.92%, totaling 478,384 pounds of U3O8 [4]. - The company has reported a monthly production rate of roughly 96,000 pounds of U3O8, with the last two months averaging around 205,000 pounds per month, indicating confidence in exceeding future production expectations [4][5]. Group 2: Bullfrog Project Developments - An updated Technical Report for the Bullfrog Project revealed Indicated Mineral Resources of 10.5 million pounds of eU3O8 and Inferred Mineral Resources of 3.4 million pounds, marking increases of 15% and 70% respectively compared to previous estimates [7][8]. - The Bullfrog Project is projected to have a 15-year mine life with annual production of approximately 700,000 to 800,000 pounds of U3O8, with total development capital estimated at $55 million [9]. - The report indicates an after-tax Net Present Value (NPV) of $31 million and an Internal Rate of Return (IRR) of 14% at an 8% discount rate, with a simple payback period of about 5.8 years [9]. Group 3: Roca Honda and EZ Complex Projects - The Roca Honda Mine has been added to the "FAST-41" federal permitting dashboard, which may expedite its permitting process, with expectations of becoming a large-scale uranium producer later this decade [12]. - Current estimates for Roca Honda indicate a Measured and Indicated Mineral Resource of approximately 17.6 million pounds of eU3O8, with an average grade of 0.48% [13]. - The EZ Complex project is also undergoing permitting activities, with the company holding an air permit and renewing the Aquifer Protection Permit, considered an important long-term uranium project [14].

Core Insights - Uranium Energy Corp (UEC) is strategically positioned to meet the anticipated increase in uranium demand due to the U.S. government's initiative to quadruple nuclear capacity and rebuild its nuclear industrial base [3][5] - The company has achieved significant operational milestones, including the commissioning of new In-Situ Recovery (ISR) production in Wyoming and advancing construction in South Texas [4][10] - UEC's financial position is strong, with $271 million in cash, inventory, and equities, and no debt as of May 30, 2025 [6] Financial Highlights - UEC filed its quarterly report on Form 10-Q for the quarter ended April 30, 2025, with the SEC, which includes interim condensed consolidated financial statements [2] - The company reported an inventory of 1,356,000 pounds of U3O8 valued at $96.6 million at market prices [6] - UEC plans to expand its U.S. warehoused physical uranium program by 300,000 pounds through purchase contracts in December 2025 at $37.05 per pound [6] Operational Developments - The first new mine unit at Christensen Ranch ISR Mine has been commissioned, marking a significant operational milestone [7] - Construction at the Burke Hollow ISR Project in South Texas is progressing on schedule, with key advances in wellfield development and processing infrastructure [10][12] - UEC's workforce has expanded to over 100 employees in Wyoming and 40 in South Texas, supporting the company's growing operations [6][13] Project Updates - The Roughrider project in Canada is being prepared for pre-feasibility, with metallurgical test work significantly advanced [5][17] - UEC is advancing its hub-and-spoke ISR production platform in Wyoming's Great Divide Basin, with a Technical Report Summary expected by the end of fiscal 2025 [14][16] - The company has initiated efforts to amend conventional mining permits at the Sweetwater Uranium Project to incorporate ISR mining methods [15]

Company Overview - Cameco is a large Canadian miner that produces and processes uranium into fuel for nuclear power plants and owns a 49% stake in Westinghouse, providing services to nuclear power companies [2] - It is one of the largest publicly traded producers of uranium globally [2] Market Dynamics - Cameco's stock price is influenced by uranium prices, which fell in February 2024 but have since recovered to around $58 per share [1] - The company operates primarily in North America, a region considered economically and politically stable, which is a key selling point for its uranium [4] - The nuclear power industry experiences significant swings due to external factors, with past events like the Fukushima meltdown impacting uranium demand [5] Long-term Outlook - There is an expected growing supply gap for uranium starting in 2030 due to increasing global nuclear power usage, which could lead to higher uranium prices [9] - Cameco's strategy of signing long-term contracts helps stabilize earnings during periods of falling uranium prices, making it a less volatile investment option [8][10] Investment Considerations - The long-term outlook for uranium demand suggests strong financial performance for Cameco as demand is projected to exceed supply [10] - The company is viewed as a "pick-and-shovel" play on the growth of nuclear power, appealing to conservative investors [10] - However, past nuclear power renaissances have not lasted, and potential future nuclear incidents could negatively impact the industry's perception [11][12]

Core Insights - The article highlights the impressive stock market performance of Canadian uranium miner Cameco Corporation, noting a 25% year-to-date gain as of October last year, which outperformed many peers in the sector [2]. Company Summary - Cameco Corporation is identified as a significant player in the uranium mining industry, with its stock performance being a focal point of the analysis [2]. - The analysis is conducted by Manika Premsingh, who leads the investing group Green Growth Giants and has extensive experience in investment management and banking [2].

Core Viewpoint - The U.S. Administration's recent Nuclear Executive Orders aim to accelerate nuclear energy deployment, which will significantly impact the uranium market and expedite the development timelines for Snow Lake's Pine Ridge uranium project [1][3][6]. Industry Summary - The Nuclear Executive Orders are designed to: - Accelerate the deployment of nuclear energy in the U.S. - Deploy advanced nuclear reactor technologies, including Small Modular Reactors (SMRs) - Quadruple nuclear energy production in the U.S. by 2050 - Reinvigorate the nuclear industrial base, including uranium mining and enrichment [6][8]. - The orders are expected to dramatically increase global demand for uranium and accelerate domestic uranium mining in the U.S. [6][9]. Company Summary - Snow Lake Resources Ltd. is positioned to benefit from the Nuclear Executive Orders, which could fast-track the Pine Ridge uranium project into production sooner than previously anticipated [4][7]. - The Pine Ridge uranium project is located in the Powder River Basin, Wyoming, and is considered a potential Tier-1 uranium asset [5][12]. - An aggressive drilling program of 125,000 feet is set to begin, aiming to generate a maiden mineral resource estimate by the end of 2025 [5][16]. - The project is a joint venture with Global Uranium and Enrichment Limited, and it has a significant exploration target based on historical drilling data [13][14]. Strategic Context - The ongoing AI arms race between the U.S. and China is driving increased demand for nuclear energy, which in turn raises the need for uranium to power nuclear reactors [10][11]. - The U.S. Administration's focus on energy independence and security prioritizes nuclear energy and the domestic supply chain, particularly for critical minerals like uranium [8][9].

NexGen Announces Best Assays from Patterson Corridor East in Hole RK-25-232May 27, 2025 6:30 AM EDT | Source: Nexgen Energy Ltd.RK-25-232 assays returned NexGen's best discovery phase intercept to date: 15.0 m at 15.9% U3O8 including 3.0 m at 47.8%, 1.5 m at 29.4% and an intercept of 0.5 m at 68.8%Ranks among the world's highest-grade basement-hosted uranium vein intercepts, validating the growing significance of Patterson Corridor East ("PCE") Exceptional continuity confirmed, with RK-24-222 ...

VANCOUVER, BC, May 27, 2025 /PRNewswire/ - Uranium Royalty Corp. (NASDAQ: UROY) (TSX: URC) ("URC" or the "Company") is pleased to announce that it has entered into an agreement to acquire a new royalty on the Aberdeen Uranium Project in Nunavut, Canada (the "Project") operated by Forum Energy Metals Corp. ("Forum").Highlights: 2.0% Gross Overriding Royalty Acquired for CAD$1 Million: URC will acquire the royalty for a cash payment of CAD$1,000,000 at closing, which is scheduled to occur by the end of May 20 ...

VANCOUVER, British Columbia, May 21, 2025 (GLOBE NEWSWIRE) -- American Lithium Corp. (“American Lithium” or the “Company”) (TSX-V:LI | OTCQX:AMLIF | Frankfurt:5LA1) announces with deep sorrow the passing of Carsten Korch, esteemed Independent Director and valued member of the Audit Committee. Mr. Korch joined the Board of Directors on October 3, 2022, bringing over 30 years of entrepreneurial experience across various sectors. Based in Peru, he helped to guide the Company's strategic initiatives, particular ...