The best way to make money as a mining investor is by owning a company that has exploration success, or being on the right side of commodity price moves. Last year, NexGen Energy (NXE-TSXV) delivered us 95% share price increases thanks to their Athabasca Basin uranium discovery, Arrow. But we’re holding out for a bigger… Continue Reading

It’s an active start to the week for Athabasca Basin uranium plays, and NexGen Energy (NXE-V) is leading the way with another batch of stellar assays from its Arrow project. Also in the southwestern Basin, Fission Uranium (FCU-T) announced a final agreement and offtake deal with China’s CGN Mining on its Triple R deposit. The… Continue Reading

Huge news for Saskatchewan explorer and developer Fission Uranium (FCU.TSX) Monday. CGN Mining Company Ltd., an affiliate of China General Nuclear Power Corporation, has entered into a binding letter of intent to acquire 19.99% of Fission for $82.226 million at a price of $0.85 per subscription share. The CGN deal is at a roughly 26%… Continue Reading

Good morning investors, A quick look at some of last night’s more interesting insider filings: First Mining Finance (FF-V) – CEO Keith Neumeyer banked some more shares of his gold-focused mineral bank, buying 47,000 shares yesterday at 32 cents a share. Neumeyer, who also runs First Majestic Silver, has been a voracious buyer of First… Continue Reading

Rick Rule on BNN Market Call (November 12, 2015) Rick Rule, chairman of Sprott Global, made an appearance on BNN Market Call last night discussing precious metals stocks. BNN host Catherine Murray sat in for regular host Mark Bunting. Rule said that weak global demand is the cause of the price slide in many commodities. For investors with… Continue Reading

Fission Uranium CEO Dev Randhawa says he’s determined to fight through both negative market sentiment and the opposition of some retail shareholders who want him to step down after the failed merger with Denison Mines. Randhawa said in a phone interview late this morning that it’s business as usual as he advances and markets Fission’s… Continue Reading

Eastern Platinum (ELR-T) “Where there’s smoke, there’s fire,” the saying goes. In the case of Eastern Platinum, the smoke was the multiple delays in closing a deal that would have seen a Chinese buyer pick up Eastern Platinum’s PGM business in South Africa. The flames arrived yesterday after the market close when Beijing Hehe Fengye… Continue Reading

The Athabasca Basin is back in play after a planned merger between Denison Mines and Fission Uranium fizzled, the companies announced this morning. Two-thirds approval was required from Fission shareholders but they shot down the much-criticized all-share deal, which had dragged down the stocks of both companies since it was announced July 6. News release:… Continue Reading

The Prospectors and Developers Convention (PDAC), held last week in Toronto, is the largest annual mining conference, with over 23,000 attendees this year. The event is typically when small mining companies rush to put out news releases to try and get attention. This year, the fourth consecutive year of declining share prices and financing activity… Continue Reading

Fission Uranium (FCU.T) released results from a maiden independent resource estimate on its Triple R deposit on the company’s 100% owned Patterson Lake South property in the Western Athabasca Basin, Saskatchewan. The resource estimate was larger than expected, coming in at just over 105 million pounds in the indicated and inferred categories. Highlights: 79,610,000 lbs U3O8 indicated… Continue Reading

The uranium space caught some attention last week after an important vote in Japan opened the door for nuclear reactor restarts. Here’s an excerpt from Haywood Mining Team’s week in review: “The Broker Average Price (BAP) for U3O8 rose 8.1% this week, up 3.8% on Thursday alone, before finishing at $41.00 per pound U3O8 on… Continue Reading

Updated at 5:00pm PST. Benjamin Franklin said there were only two things certain in life: death and taxes. In the high stakes mineral exploration business, another sure thing is that your heros are ultimately fallible. I first met Michael Gunning while he was CEO of Hathor Exploration (HAT) in 2011. He gave me a presentation… Continue Reading

One of the most exciting uranium discoveries of the last couple years has completed its 2014 summer drill program at the PLS project in Northern Saskatchewan. Fission Uranium (FCU.v) continues to be the top uranium exploration play among analysts, with some believing the company is a likely takeover candidate from the likes of Cameco or… Continue Reading

This morning on BNN’s Commodities with Andrew Bell, Dave Talbot who is Dundee’s uranium expert, spoke about the recent strength in the uranium spot market (click image above). The spot price for uranium is up over 30% from ~$28 per pound in June/July to $36.50 this week.  Mr. Talbot believes the strength is overdone given that he… Continue Reading

The hottest uranium discovery stock in the world is Fission Uranium, with its Patterson Lake South project shaping up to be an incredible uranium asset, in an albeit unloved time for the commodity. This afternoon, Warren Stanyer and Kurt Bordain, two directors resigned from the company. The men were on Fission’s board as a result… Continue Reading