Conflict in Eastern Europe has had a significant impact on uranium prices, putting up to 16.5 percent of global supply at risk. This is not the first time geopolitical tensions have impacted the uranium market, either. Given that uranium is a crucial fuel source for nuclear energy, investors, mining agencies and energy companies alike must...
Societal attitudes toward nuclear power are undergoing a significant shift. A Pew Research Center report reveals a growing preference for nuclear power among Americans, transcending political affiliations. This trend, coupled with the implications of climate change, the limitations of solar and wind energy, and the still-high costs of hydrogen energy, has made nuclear energy stocks...
Overview North Shore Uranium (TSXV:NSU) is a Canadian exploration company focused on discovering economic uranium deposits at the eastern margin of Saskatchewan’s world class Athabasca Basin in Canada. North Shore has two highly prospective exploration properties totaling 60,210 hectares – Falcon and West Bear – which are located in close proximity to two globally significant...
Appia Rare Earths and Uranium (CSE:API,OTCQX:APAAF) reported “remarkable” drill results from the reverse circulation (RC) drilling campaign recently completed at its PCH ionic clay project in Goiás state, Brazil. CEO Tom Drivas said they plan to proceed with the resource calculation and a pre-feasibility study next year. “We were very excited to see that all...
Overview Interest in uranium has skyrocketed in recent months, with the underlying drivers being the need for lower emissions and stable power generation. Nuclear reactors provide significant power for 32 countries globally, including the US, Canada, China, France, Hungary, Japan and Finland. Demand has become a key driver of uranium prices, with Sprott Asset Management...
Purepoint Uranium (TSXV:PTU,OTCQB:PTUUF) President and CEO Chris Frostad is optimistic that there will be a stronger uranium market in the next six to 12 months reminiscent of how it was three years ago, at which time more contracts will be written. “You’re looking at a real resurgence in nuclear energy in general, worldwide. It’s really...
Canada has an SMR Action Plan to deploy small modular reactors (SMRs) at home and abroad. The introduction of this military technology into civilian use was just a fantasy two years ago, but it is actually starting to happen, according to CanAlaska Uranium (TSXV:CVV,OTCQX:CVVUF,FWB:DH7N) President and CEO Cory Belyk. “SMRs are being built in Ontario...