Uranium

On paper, the underlying commodity of Uranium Energy Corp. (NYSE:UEC) appears to enjoy a northbound framework. In particular, the market for generative artificial intelligence may spark a $1 trillion impact on the U.S. economy within the next 10 years. However, AI isn't free in terms of energy...

Uranium producer Cameco Corp (NYSE:CCJ) has encountered volatility in recent sessions thanks to opposing fundamental forces tugging on its shares. On one hand, the stunning rise of cryptocurrencies implies greater energy consumption from blockchain mining. Cynically, this framework should be net...

Australia's main opposition has proposed a $211 billion taxpayer-funded nuclear power plan. If successful, the turn to nuclear power would be a historic event for one of the largest global commodity producers. "Nuclear power will underpin the economic success of our country for the next century....

Canada is considering export taxes on goods, including uranium, oil and potash, if President-elect Donald Trump imposes the broad tariffs he pledged.  The Details: According to a Bloomberg report, retaliatory tariffs on U.S.-made goods and export controls on certain Canadian products are most...

Once sidelined in favor of renewable sources, Goldman Sachs analysts suggest we are in the “early stages of nuclear renaissance in the U.S.” Growing support from governments and major investments from tech giants like Microsoft Corp. (NYSE:MSFT), Amazon.com Inc (NASDAQ:AMZN), and...

Canadian regulators put Paladin Energy‘s (OTC:PALAD) acquisition of Fission Uranium (OTCQX:FCUUF) under review, citing national security concerns. What Happened: Paladin Energy agreed in June to acquire Fission Uranium for CAD 1.14 billion ($846 million). The Subiaco, Australia-based miner...

The Biden administration has initiated an investigation into the significant surge in enriched uranium imports from China. This move comes amid concerns that these imports may be a loophole for Russia to sidestep a U.S. import ban. What Happened: The U.S. government is examining a sudden increase...

In a recent development, North Korean leader Kim Jong Un inspected a uranium enrichment facility and called for an increase in the production of weapons-grade material. What Happened: Kim’s visit to the Nuclear Weapons Institute and a production base for weapon-grade nuclear materials was...

The week started with political proposals that will lead to production cuts and a reduced food supply. In the middle of the week, DKI released its new health care stock idea. Subscribers are already up around 20% in the name. The week ended with uranium production cuts and Fed Chairman, Powell,...

Uranium explorers are calling on Western Australian authorities to lift the ban on uranium mining to capitalize on rising global demand and prices. Australia holds nearly a third of the world's known uranium reserves, yet only two out of its eight states and territories, South Australia and the...

NexGen Energy (NYSE:NXE) has announced that construction costs for its Rook I uranium project in Saskatchewan have soared nearly 70% above the previous estimate from 2021. The updated capital cost now stands at $1.6 billion, up from around $950 million, showcasing the challenge of domestic uranium...

Long-term uranium contract prices have surged to over 16-year highs, driven by supply uncertainties and increasing demand, as the industry scrambles to prepare for powering AI data centers. Other factors, such as supply chain disruptions, geopolitical uncertainties, and environmental mining...

I spent some time on the Benzinga “Live Trading” show with Ryan Faloona and the crew last week talking about uranium stocks. Nuclear energy is attracting a lot of attention, including more than its share from traders. As a long-term investor and research-driven analyst, I might not be...

Premier American Uranium (PUR) (OTC:PAUIF), a uranium exploration and development company, is accelerating its growth strategy following the completion of a mineral resource estimate (MRE) for its Cebolleta project in New Mexico. The company accomplished this milestone 12 months ahead of schedule,...

The United States is set to invest up to $2.7 billion in domestically-supplied enriched uranium to bolster the supply chain for nuclear reactor fuel and reduce reliance on Russian imports. This initiative follows legislation signed by President Joe Biden in May, which also banned imports of...