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

Michael Berry of Disruptive Discoveries Journal is out with a good slide deck on macro and metals themes that he presented earlier this month for the Quebec Mineral Exploration Association. Mining investors know the story well – excess supply and insufficient demand have hit commodity prices hard, as well as the energy-reliant Canadian economy. Meanwhile, debt… Continue Reading

“Anybody who says that the super-cycle is over is an idiot, it’s just been deferred for a little bit”, mining tycoon Robert Friedland told a packed audience in London last week. I was there for the 12th annual Mines and Money show. And if you’re in the mining business and haven’t been to London lately, the Mines… Continue Reading

Patient and steadfast uranium investors were given an early Christmas present last week when the Japanese community of Satsumasendai announced approval of the restart of the Sendai nuclear power-plant, the first restart to be approved in Japan since the 2011 Fukushima disaster. In addition, an unusual amount of demand entered the spot market leading up to the announcement of… 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

After releasing partially completed results from their first vertically drilled hole (AR-14-30) last week, NexGen Energy (NXE:TSXV) announced the results of that completed hole this morning as well as results from two other drill holes that also intersected high-grade uranium mineralization in 50 metre step-outs on the Rook I project. Hole AR-14-30 which was drilled to test the vertical… Continue Reading

Peter Koven of the Financial Post reminds us why he is one of the best mining reporters, distilling Cameco’s Cigar Lake uranium mine, one of the most complicated and significant mining operations on earth, down to a succinct 61 second video. Watch it over at FP’s site, or read the transcription below. “The cigar lake… Continue Reading

A new uranium exploration junior is about to start trading, and the CEO has a lot of experience with exploration promotions. The company is Westham Resources Corp, about to be renamed Roughrider Exploration Limited, which has an option to earn up to an 85% interest in in Kivalliq’s “Genesis” uranium project in Saskatchewan’s Athacasca Basin, not far… Continue Reading

After a nearly textbook 38.2% retracement of its October-March rally CCJ is set to resume its uptrend: Click to enlarge The weekly chart shows that CCJ found support after a standard pullback to previous resistance: Moreover, today’s 5% rally took place against a backdrop of a steep sell-off in crude oil and continued stagnation at a… Continue Reading

This morning NexGen Energy Ltd. (TSXV:NXE) announced completion of the first hole at the Arrow prospect, RK-14-21, to 663 meters depth. This was the same hole that caught the market’s attention last week for intercepting what is believed to be uranium mineralization (assays pending) between 207.8 and 231 meters. Today’s news suggests an additional three… Continue Reading

NexGen Energy (TSXV:NXE) announced a potential uranium discovery in the SW Athabasca Basin region of Northern Saskatchewan yesterday. Visible uranium was seen in the first hole drilled into the Arrow target at the Western side of NexGen’s Rook 1 project, which caused shares in the junior explorer to rise over 90% Wednesday. “There’s an element of luck,”… Continue Reading

Coming off the back of the recent early-stage discovery made by NexGen Energy (NXE:TSXV) yesterday, Skyharbour Resources (SYH:TSXV) and their joint venture partners have announced they have completed their gravity surveys on the Preston Lake project located in the Patterson Lake South region.  The gravity survey identified 23 gravity low anomalies which the company will follow up… Continue Reading

After announcing the stock was halted yesterday morning, all eyes have been on the newswires for NexGen (NXE:TSXV) in anticipation of a new Athabasca Basin uranium discovery.  Well, the anticipation is over and the company has made a discovery.  Alright, an early-stage discovery.  This find comes in an unexpected area which means more drilling is warranted… Continue Reading

Anticipation is building to find out what’s going on with NexGen Energy (TSXV:NXE). The company’s shares were halted before the opening bell this morning, and remain halted at press time (11:11amPST). NexGen is currently one month into a drill program at their Rook 1 project in Saskatchewan’s SW Athabasca Basin, a property which is adjacent… Continue Reading

Jordan Trimble joined BNN Television’s Andrew Bell earlier. Trimble is CEO of Skyharbour Resources (SYH:TSXV), a micro-cap uranium explorer focused on Northern Saskatchewan’s Athabasca Basin region. Trimble discussed his company’s exploration plans for 2014, which includes an ongoing $6 million program at Skyharbour’s flagship Preston Lake project near Fission Uranium’s Patterson Lake South uranium discovery.… Continue Reading