Uranium

Mining executives had been expecting the United States would ban enriched uranium from Russia despite a monthslong delay in Congress. Last week, the U.S. Senate voted to ban nuclear fuel from Russia, sending the measure to President Joe Biden for his widely expected signature. The vote came nearly...

The U.S. Senate's approval this week of a ban on enriched uranium from Russia handed North American uranium miners a victory as they ramp up production in anticipation of long-term demand for the nuclear fuel. The upper chamber passed the measure unanimously after the House of Representatives...

Escalating electricity needs from running AI data centers will create downstream investment benefits in the utilities, renewable energy generation, and industrial sectors, according to Goldman Sachs. In a recently published study, equity analyst Carly Davenport has listed a basket of stocks...

TORONTO—Two trends are converging to put North American uranium miners in a sweet spot. The first is the push from United States politicians to loosen America's dependency on uranium from Russia after it invaded Ukraine. The second is the renaissance the nuclear industry is experiencing amid the...

China is no longer building fossil fuel power stations at the rate of two a week, as the world opts for greener energy options. Still, the metals needed to achieve these goals will surge again, according to Patricia Mohr, commodities expert and a former vice president at Scotiabank. Mohr told...

Colorado-based uranium miner Ur-Energy Inc. (NYSE:URG) said Wednesday it will build out its Shirley Basin mine in Wyoming, making it the latest company to move projects forward as the price of the nuclear fuel soars. The development will nearly double the company's permitted mine production...

Goldman Sachs (NYSE:GS) and Macquarie (OTCPK: MCQEF), along with certain hedge funds, are strategically positioning themselves to capitalize on the newfound buoyancy in the uranium sector. Unlike nickel, which faces increasing supply and waning demand, there has been a surge in uranium prices,...

The Silly People Saying Silly Things Issue Treasury Secretary, Janet Yellen speaking in public typically leads to her accidentally saying things out loud that confirm the fears of her critics. At the same time, the Bitcoin bears who celebrated a small decrease in the dollar price of Bitcoin last...

Shares of several uranium companies, including Cameco Corporation (NYSE:CCJ) and Uranium Energy Corp. (AMEX:UEC), are climbing Friday after Kazatomprom, the largest uranium producer in the world, said it is likely to experience a production shortfall, which has weighed on supply outlook. The...

Hi All, I've just arrived in Cebu, Philippines, and there's a lot happening in our portfolio names. Here's a quick update on all you need to know on Sunday night (NY time). The Federal Reserve DKI started proposing a controversial thesis a couple of months ago regarding the Federal...

Sprott Uranium Miners ETF (ARCA: URNM) was shooting over 2% higher on Wednesday after opening flat with an inside bar pattern. Senior ETF analyst for Bloomberg, Eric Balchunas, noted on X, formerly known as Twitter, that “Uranium ETFs have grown 20x in past 3yrs.” “I think they...

In response to the passage of nuclear power legislation, the stock prices of uranium exploration, extraction, and processing companies have been rising sharply. The Global X Uranium ETF (ARCA: URA) has skyrocketed by 10% over the past three trading sessions, as the U.S. government intends to...

The Q3 Uranium Quarterly Report can be found here, offering insights on nuclear and uranium news, performance of the Global X Uranium ETF, and some industry’s key concepts. Key News of the Quarter Japan shifts stance on nuclear power: More than a decade after the Fukushima disaster,...

Madison Metals (OTC: MMTLF) Executive Chairman and CEO, Duane Parnham, has always been known as an innovator in the mining space. His latest gambit linking pounds-in-the-ground with non-fungible tokens (NFTs) is his latest idea which is attracting attention in the generally-stodgy world of uranium...

Uranium prices have skyrocketed since Russia invaded Ukraine, and one analyst said Tuesday that investors can expect upward pricing pressure on uranium to persist for the foreseeable future. The Analyst: Bank of America analyst Lawson Winder reiterated his Buy rating for integrated uranium producer...