Mining Review 12th March 2023
The PDAC organisers said it had a “bullish feel to it”, well no change there then, it nearly always does!
Calidus Resources, Karora Resources, Neometals and UEC all reported good news this week. Continue reading
Tag Archives: UEC
Sprott Research Says UEC Supplanting Cameco
Uranium Energy Corp. (NYSE: UEC)
Has been featured in a recommendation by Sprott Research.
Sprott say UEC is “supplanting Cameco as the go to Uranium stock”. Continue reading
Uranium Energy Reports Q1 Results 2023
Uranium Energy Corp (NYSE: UEC)
Reported, in accordance with NYSE American requirements, the filing of the Company’s quarterly report on Form 10-Q for the quarter ended October 31, 2022 with the U.S. Securities and Exchange Commission.
Highlights included Industry leading growth with two accretive acquisitions of UEX Corp., and Rio Tinto’s world-class, development-stage Roughrider Project. Continue reading
Uranium Energy and Rio Tinto Transaction
Uranium Energy Corp. (NYSE: UEC)
Is to acquire Roughrider from Rio Tinto for Total Consideration of $150 million comprised of $80 million in Cash and $70 million in UEC Stock.
Cash Portion of the Consideration is Fully Funded with UEC’s $173 million of Cash and Liquid Assets on the Balance Sheet. Continue reading
Mining Review 25th September
Mining Review Sunday Update 25th Sep.
Interest rates soared this week, the US dollar reached a 22 year high, and gold tanked as a result, losing 1.79% over the week.
Mining stocks tumbled once again, there were some extreme falls, one example being Colonial Coal, which fell 15.3% on Friday in a single day! Continue reading
UEC Expands Wyoming Hub and Spoke
Uranium Energy Corp (NYSE: UEC)
Announced that it has filed a Technical Report Summary on EDGAR disclosing updated mineral resources for the Company’s Wyoming ISR Hub and Spoke Project. Continue reading
Mining Review Sunday Update 21st August
Mining Review Sunday Update 21st August 2022
Another poor week for gold as the US dollar (DXY) climbed higher, reaching 108.
Companies making news this week included American Creek, Cartier Resources, Karora Resources, Maple Gold, Rokmaster, and Uranium Energy Corp.
Mining Review Sunday Update 31st July
Mining Review Sunday Update 31st July
Gold and other metals bounced after the dovish comments by FED Chair Powell after he increased US interest rates by 0.75%.
Companies in the news this week with good drill results included Cabral Gold, Eloro Resources, and Karora Resources. Continue reading
UEC bid for UEX Trumped by Denison Mines
Uranium Energy Corp. (NYSE: UEC)
Has received a notice from UEX Corporation that Denison Mines Corp. has made an acquisition proposal for all of the issued and outstanding shares of UEX pursuant to a plan of arrangement.
The board of directors of UEX has determined that the Denison Proposal constitutes a “Superior Proposal”. UEC has five days to respond. Continue reading
Mining Review Sunday Update 24th July 2022
Mining Review Sunday Update 24th July 2022
Another poor week for metals, but there are signs that maybe the US dollar has peaked, which would be positive if so.
Amongst companies in the news were American Creek Resources, Cyprium Metals, Karora Resources an Uranium Energy Corp. Continue reading
Mining Review Sunday Update 24th April 2022
Mining Review Sunday Update 24th April 2022
Gold dropped 2% and led down the gold juniors, rolling back some of their gains over the last few weeks.
Companies commented on include; Cabral Gold, Newcore Gold, O3 Mining, Silver Tiger Metals, Uranium Energy Corp., and Wesdome Gold. […] Continue reading
Mining Review Sunday Update 13th March 2022
City Investors Circle Mining Review 13th March 2022
Metal prices were heavily influenced by the Ukrainian conflict, with nickel making the headlines due to the price rising to $100,000 on the LME, before the market was closed as trading was becoming irrational.
Thermal coal also rose strongly in price as countries such as Germany move to secure supply to possibly replace Russian gas. Uranium rose strongly as Russia supplies 16% of US uranium imports. Continue reading