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Shares in Uranium Energy (NYSEMKT: UEC) rose by a whopping 17.8% in the week up to Friday morning. The move comes in a positive week of newsflow for the nuclear industry, which is good news for a ...
Denison Mines is another aggressive penny stock in the uranium industry, with a share price of just $2.07. ... This emphasis on domestic uranium production can only be good news for U.S. producers ...
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Denison Mines Corp. is a Canadian uranium exploration, development, and production company. Founded by Stephen B. Roman , and best known for its uranium mining in Blind River and Elliot Lake , it later diversified into coal , potash , and other projects.
Uranium from mining is used almost entirely as fuel for nuclear power plants. Following the 2011 Fukushima nuclear disaster, the global uranium market remains depressed, with the uranium price falling more than 50%, declining share values, and reduced profitability of uranium producers since March 2011. As a result, uranium companies worldwide ...
In 2013, Fission Uranium Corp. was spun out of Fission Energy b after a deal was made with Denison Mines Corp to acquire all assets except PLS. [5] In January, 2015, Fission Uranium announced a major resource estimate in the indicated and inferred categories which, at that time, was the largest undeveloped resource in the Athabasca Basin region ...
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On August 26, 2011, Cameco announced its intention to acquire all of the outstanding shares of Hathor Exploration Limited, and made an all-cash offer to shareholders of $3.75 CAD per Hathor share. [9] This announcement initiated a bidding process between Cameco Corp. and Rio Tinto which came to an end on November 30, 2011.