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Paladin Energy Ltd: June 2025 Quarter Results
Globenewswire· 2025-07-22 22:56
Core Viewpoint - Paladin Energy Ltd has released its quarterly activities and cashflow reports for the period ended June 30, 2025, along with an accompanying presentation [1][2]. Company Overview - Paladin Energy Ltd is a significant independent uranium producer, holding a 75% ownership stake in the Langer Heinrich Mine in Namibia, which is recognized for its long life and world-class status [4]. - The company expanded its portfolio by acquiring Fission Uranium Corp. in late 2024, leading to a dual-listing on both the ASX and TSX [4]. - Paladin operates a diverse range of uranium development and exploration assets in Canada, including the Patterson Lake South project in Saskatchewan and the Michelin project in Newfoundland and Labrador, as well as exploration assets in Australia [4]. - Through its operations, Paladin is positioned as a reliable supplier of uranium to major nuclear utilities globally, contributing to baseload energy provision and supporting global decarbonization efforts [4].
Langer Heinrich Mine FY2026 Guidance
GlobeNewswire News Room· 2025-07-22 22:53
Core Viewpoint - Paladin Energy Ltd has provided guidance for FY2026 regarding the Langer Heinrich Mine (LHM), highlighting operational ramp-up, production expectations, and uranium price sensitivities based on its sales contract portfolio [1][2]. Production Guidance - The LHM is expected to produce between 4.0 million pounds (Mlb) and 4.4 Mlb of U3O8 in FY2026, with sales projected between 3.8 Mlb and 4.2 Mlb [3]. - The cost of production is estimated to be between $44 and $48 per pound [3]. - Capital and exploration expenditure is forecasted to be between $26 million and $32 million [3]. Mining Operations - The LHM commenced FY2026 with approximately 2.2 million tonnes (Mt) of stockpiled medium-grade ore and 49% of its planned mining fleet capacity operational [4]. - The remaining mining fleet is expected to be delivered in late 2025 and operational in the second half of FY2026 [4]. - Mining activities will focus on the G-pit area, with minor activities in the F and J pits towards the end of the financial year [4]. Ore Processing - Production volumes are anticipated to vary throughout FY2026, primarily due to limited access to primary mined ore in the first half [6]. - A higher level of primary ore feed is expected in the second half, leading to increased production [6]. - Improvements in processing plant performance from FY2025 are expected to be maintained in FY2026 [7]. Sales and Pricing - Paladin plans to continue uranium deliveries to customers in the US, Europe, and Asia, while seeking new contracts with high-quality counterparties [8]. - Sales volumes and pricing are expected to fluctuate quarterly based on shipment timing and contract terms [8]. - Forecasted realised uranium prices for FY2026 under various spot price assumptions are as follows: - At a $40 spot price, the realised price is expected to be $54 per pound - At a $60 spot price, the realised price is expected to be $62 per pound - At a $80 spot price, the realised price is expected to be $71 per pound - At a $100 spot price, the realised price is expected to be $79 per pound - At a $120 spot price, the realised price is expected to be $87 per pound - At a $140 spot price, the realised price is expected to be $94 per pound [10].
Strathmore to Begin 2025 Drilling Program Advancing New Uranium Mineralization at Agate
Newsfile· 2025-07-22 09:00
Kelowna, British Columbia--(Newsfile Corp. - July 22, 2025) - Strathmore Plus Uranium Corporation (CSE: SUU) (OTCQB: SUUFF) ("Strathmore" or "the Company") is pleased to announce the 2025 Exploration Plan for the Agate Project is to begin in early August. The Agate Property is in the Shirley Basin Uranium District, of central Wyoming and borders both Cameco and UEC projects and is in proximity to UR-Energy's satellite in-situ operation that is currently under construction.In 2024, Strathmore discovered a n ...
Stallion Uranium Refines Coyote Target with Highly Conductive Anomalies from Ground EM Survey
Globenewswire· 2025-07-21 11:30
VANCOUVER, British Columbia, July 21, 2025 (GLOBE NEWSWIRE) -- Stallion Uranium Corp. (the “Company” or “Stallion”) (TSX-V: STUD; OTCQB: STLNF; FSE: FE0) is pleased to announce the results from a Stepwise Moving Loop, Time Domain Electromagnetic (“SWML-TDEM”) survey completed over the high-priority Coyote Target on its Moonlite Project (Figure 1). The Coyote Target, located within the Southwestern Athabasca Basin spans claims held in partnership with Atha Energy Corp. (“Atha Energy”) (TSX-V: SASK) as well a ...
Foremost Clean Energy Advances Murphy Lake South Uranium Project with Ambient Noise Tomography Survey Ahead of Drilling
Globenewswire· 2025-07-21 10:30
Core Insights - Foremost Clean Energy Ltd. has engaged Caur Technologies Inc. to conduct an ambient noise tomography survey on its Murphy Lake South Uranium Property in the Athabasca Basin, aiming to refine exploration targets and generate new ones [1][3] - The demand for nuclear energy is increasing, with significant investments in new reactors and a projected annual deficit of 67 million pounds U₃O₈ in the U.S. by 2035, positioning Foremost to capitalize on this trend [2][5] - The ANT technology is expected to enhance exploration efforts by detecting geological features linked to uranium mineralization, with drilling planned to commence after the survey [3][8] Company Developments - Foremost is advancing high-potential uranium projects in Saskatchewan, leveraging its collaboration with Denison Mines Corp. to enhance developmental timelines [4][10] - The Murphy Lake South Project spans 17,676 acres and is strategically located near significant uranium deposits, with historical drilling indicating promising mineralization [6][10] - The company plans to initiate a Phase 1 diamond drilling program following the ANT survey, targeting areas within 200–350 meters of the surface [8] Industry Context - The nuclear energy sector is experiencing unprecedented growth, driven by new reactor developments and substantial investments in clean energy [2] - The Athabasca Basin is recognized for its rich uranium deposits, making it a focal point for exploration and development in the uranium market [10] - The innovative SABRE mining method recently launched by Denison and Orano Canada highlights the region's production potential and the importance of advanced technology in unlocking high-grade uranium deposits [5]
Denison Announces Additional High-Grade Uranium Mineralization Discovered at McClean South
Prnewswire· 2025-07-21 10:30
TORONTO, July 21, 2025 /PRNewswire/ - Denison Mines Corp. ("Denison" or the "Company") (TSX: DML) (NYSE American: DNN) is pleased to announce that several significant new intercepts of shallow high-grade uranium mineralization have been discovered at the McClean South zone ("McClean South"), which is part of the Company's 22.5%-owned McClean Lake Joint Venture ("McClean Lake" or "MLJV") in northern Saskatchewan (see Figure 1). PDF Version Orano Canada Inc. ("Orano Canada"), the 77.5% owner and operator of t ...
Uranium American Resources closes $3.5M funding for US uranium push
Proactiveinvestors NA· 2025-07-18 20:16
Uranium American Resources Inc. (OTC:TNGL) earlier this week said it has secured $3.5 million in funding to advance its planned acquisition and development of uranium assets in the western United States. CEO William Hunter told investors that the financing will support the completion of an $8.5 million transaction to acquire JAG Minerals. The assets include projects in Utah, Wyoming, and Colorado. Proactive: Give people a bit of background on the company itself. It's a company that's really moving forward h ...
Stallion Uranium Completes Shares for Debt
Globenewswire· 2025-07-18 17:27
VANCOUVER, British Columbia, July 18, 2025 (GLOBE NEWSWIRE) -- Stallion Uranium Corp. (the “Company” or “Stallion”) (TSX-V: STUD; OTCQB: STLNF; FSE: FE0) is pleased to announce that, further to its news release dated May 22, 2025, the Company has settled its outstanding debt with Atha Energy Corp. (“Atha”) on July 16, 2025 and issued 802,809 common shares of the Company to Atha at a deemed price of $0.135 per share. About Stallion Uranium Corp. Stallion Uranium is working to ‘Fuel the Future with Uranium’ t ...
Jim Cramer Says AMD Is 'Going In The Right Direction'
Benzinga· 2025-07-18 12:11
In a financial landscape characterized by volatile energy markets and a tech sector in flux, investment guru Jim Cramer‘s latest recommendations on CNBC’s “Mad Money Lightning Round” reflect keen insights into both traditional and emerging industries.On Thursday, Cramer recommended buying ConocoPhillips COP.Supporting his view, Piper Sandler analyst Ryan Todd maintained a ConocoPhillips rating of Overweight on July 15 and raised the price target from $113 to $123.When asked about Advanced Micro Devices AMD, ...
Snow Lake Advances Uranium Projects in Wyoming and Namibia in Support of U.S. Policies on National & Energy Security
Newsfile· 2025-07-18 11:30
Snow Lake Advances Uranium Projects in Wyoming and Namibia in Support of U.S. Policies on National & Energy SecurityJuly 18, 2025 7:30 AM EDT | Source: Snow Lake Resources LtdWinnipeg, Manitoba--(Newsfile Corp. - July 18, 2025) - Snow Lake Resources Ltd., d/b/a Snow Lake Energy (NASDAQ: LITM) ("Snow Lake"), a uranium exploration and development company, provides an update on progress at its uranium projects in Wyoming and Namibia, together with how the exploration and development of such proje ...