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Driven by projections of rising nuclear energy demand, the spot uranium price began 2026 above US$80 per pound before reaching a year-to-date high of US$101.41 on January 29.Geopolitical instability, however, pushed the price down to US$85.50 by February 5, a nearly 16 percent weekly drop.... Keep Reading...
AuKing Mining Limited (ASX: AKN) (“AuKing” or “the Company”) has agreed to acquire a 100% interest in the Tundulu Rare Earth Elements (REE) project in south-eastern Malawi (Proposed Acquisition). Highlights AuKing to acquire 100% of the Tundulu Rare Earths Project in south-eastern Malawi – a 5km... Keep Reading...
Uranium Royalty (TSX:UROY,NASDAQ:UROY) has agreed to acquire privately held Sweetwater Royalties in a US$1.1 billion transaction, absorbing a portfolio of Wyoming soda ash assets.Under the terms announced on Thursday (April 16), Uranium Royalty will pay Sweetwater’s majority owners US$330... Keep Reading...
John Ciampaglia, CEO of Sprott Asset Management, breaks down uranium supply, demand and prices as the impact of the Iran war spreads through the commodities sector. "There's no impairment to the long-term story — if anything, I think it's gotten better — but the short-term noise and uncertainty... Keep Reading...