Gold and silver had a fairly quiet week until Thursday (February 12), when both precious metals saw steep declines early in the day. The gold price, which had been steady above $5,000 an ounce and even briefly exceeded $5,100, plummeted by more than $100 and bottomed out around $4,900. Meanwhile, silver fell from more than […]
Energy Fuels (TSX:EFR,NYSEAMERICAN:UUUU) and Australian Strategic Materials (ASX:ASM,OTC Pink:ASMMF,OTCPL:ASMMF) have entered into an implementation deed, under which Energy Fuels proposes to acquire 100 percent of Australian Strategic Materials. The acquisition is intended to enable Energy Fuels to create a new “mine-to-metal and alloy rare earths champion” and includes Australian Strategic Materials’ Dubbo rare earths project […]
Laramide Resources (TSX:LAM,OTCQX:LMRXF) has withdrawn from a greenfield uranium exploration project in Kazakhstan, citing policy changes that it says have effectively closed the door to economically viable foreign investment in the country’s uranium sector. The Toronto-based company announced on Tuesday (Jan 20) It has terminated its option agreement with privately held Aral Resources for the […]
Gold prices remained fairly stable this week after last week’s brief rebound, trading largely between US$4,000 and US$4,100 per ounce during the period. Silver was more volatile, briefly jumping above the $52 per ounce level. The precious metals were under some pressure on Thursday (November 20) following the publication of US jobs figures from September. […]
Lithium. Uranium. Vanadium. Titanium. Iron. These are the essential building blocks of the clean energy era: powering electric vehicles, renewable energy storage, defense technologies and advanced manufacturing. They are also at the heart of a new industrial race that is reshaping investments, policies and geopolitics across North America. Across Canada’s vast northern provinces, reconnaissance teams […]
Thor Energy (ASX:THR,LSE:THR,OTCQB:THORF) has a binding agreement with US-based DISA Technologies to treat abandoned uranium mine waste in Colorado and also recover salable uranium and other crucial minerals. Under the agreement, DISA will deploy its patented High-Pressure Slurry Ablation (HPSA) technology at Thor’s uranium projects in Colorado, which are operated through its US subsidiary Standard […]