What's Behind the Rising Uranium Price? And: Uranium Energy Acquires New Projects from Rio Tinto

Uranium is stealthily making its way above the $60 per pound mark. The chart looks good, and we can imagine a first price target of $80 per pound in the next 6–12 months. We explain the background on the rising price. Uranium Energy entered into a purchase agreement with Rio Tinto Exploration Canada to acquire a portfolio of exploration-stage projects in the Athabasca Basin in Saskatchewan for $1,500,000. We are very bullish on Uranium and UEC.

Markets:

Related Videos

News: OceanaGold, Osisko Gold Royalties, Cosa Res., Uranium Energy, Chesapeake Gold & Calibre Mining

Mining News Flash with Uranium Energy, U.S. Critical Metals and Calibre Mining

Uranium Energy: Uranium Market Update and Decision to Start Production in Wyoming

Zuri-Invest Gala Panel: Discussion with MAG Silver, Victoria Gold and Uranium Energy

Uranium Energy: Positive Alto Paraná Results, Preparing Production in the US and Market Analysis

Uranium Energy: Annual Report Shows Significant Growth in Resources Through Acquisitions

Mining News Flash with Consolidated Uranium, Calibre Mining, Uranium Energy and Collective Metals

Uranium Energy Completes Restart Program at the Christensen Ranch ISR Project in Wyoming

Uranium Energy: Preparing to Restart Production in Wyoming as Uranium Price Breaks Out

Uranium is Close to a Breakout, Focus on Queen´s Road Capital, IsoEnergy and Uranium Energy

Mining Newsflash with Karora Resources, Uranium Energy and Torq Resources

Uranium Energy: Fast Growing Uranium Company with Production Ready Projects in the U.S.

Uranium Energy: Good Start to 2023 with Good News on Canadian Projects

Mining Newsflash with Uranium Energy, Revival Gold, Condor Gold, Fury Gold & Calibre Mining

Uranium Energy: Summary of the Latest Acquisitions, UEC is now Ready for Rapid Production Start

Uranium Energy Expands Portfolio Through Acquisition of Roughrider Project

Mining Newsflash with Consolidated Uranium, Fury Gold Mines, Caledonia Mining and Uranium Energy

Mining Newsflash with GCM Mining, Tudor Gold and Uranium Energy

Uranium Energy: "Market Conditions are the Best in the Last 18 Years"

Mining Newsflash with Uranium Energy, Canagold Resources, TinOne Resources and Tudor Gold

More Videos in Uranium + Uran

Mining News Flash with Calibre Mining, Cosa Resources and Vizsla Silver

Mawson Gold: Restructuring Plan of Southern Cross Gold Shares and "Mawson Sweden" Explained

Cosa Resources: Uranium Exploration on Several Projects in the Athabasca Basin

American Future Fuel: Confirmation and Expansion of Historic Uranium Resource in the U.S.

Premier American Uranium: Spin-Off from Consolidated Uranium with Several Projects in the U.S.

U.S. Critical Metals: Summary of 2023 Achievements and Which Projects Will be the Focus in 2024

American Future Fuel: Exploring a Historic Uranium Resource in New Mexico, USA

Mining News Flash with Skeena Resources, IsoEnergy, Osisko Development and Caledonia Mining

Uranium Royalty: The First and Only Uranium Royalty Company

Sibanye-Stillwater: Restructuring to Lower Costs and Fresh Capital for Growth

GoldMining: Expansion of São Jorge through Exploration and Further Development of the Rea Project

Queen's Road Capital: Project Portfolio Grows with the New Convertible Bond at Gold Royalty

Mining News Flash with GoldMining, Queen's Road Capital, Gold Royalty and Osisko Development

Purepoint Uranium: Exploring Several Projects in JV with Orano and Cameco and 100% Own Projects

Latitude Uranium: Successful Drill Results at Angilak

Atha Energy: New Uranium Exploration Company with Huge Land Position in the Athabasca Basin

Baselode Energy: Exploring the Athabasca Basin 2.0 with 4 Projects & 16.500m Drill Campaign in 2024

GoviEx Uranium: Working Towards Feasibility Study at Muntanga While Madaouela is on Hold

Fission Uranium: Highly Economic Uranium Project in the Athabasca Basin - On the Way to Construction

Latitude Uranium: Successful Drill Program at Angilak with more Results Coming Until Christmas

Commodity-TV

The whole world of commodities in one App!

Watch Management & Expert Interviews, Site-Visit-Videos, News Shows and receive top and up to date Mining Information on your mobile device worldwide!

Download our unique App for free!

Commodity-TV

Werbung

Advertising

Hot News

View all
Karora Resources Announces New Fletcher Zone Gold Drilling Results of 3.8 g/t over 33.0 metres and 34.6 g/t over 2.0 metres at Beta Hunt

News

Karora Resources Announces New Fletcher Zone Gold Drilling Results of 3.8 g/t over 33.0 metres and 34.6 g/t over 2.0 metres at Beta Hunt

Karora Resources Inc. is pleased to announce further significant results from gold exploration and infill drilling at the Beta Hunt Mine.

Osisko Development Intercepts 610 g/t Gold Over 0.46 Meters in Underground Drilling at Trixie, Tintic Project

News

Osisko Development Intercepts 610 g/t Gold Over 0.46 Meters in Underground Drilling at Trixie, Tintic Project

Osisko Development Corp. is pleased to announce the remaining drilling and underground chip sampling results from new development areas as part of its 2023 exploration program at…

Canada Nickel Confirms Discovery at Mann Central, Successfully Completes Initial Drilling at Mann Northwest Property

News

Canada Nickel Confirms Discovery at Mann Central, Successfully Completes Initial Drilling at Mann Northwest Property

Canada Nickel Company Inc. is pleased to announce the final set of assay results from its initial exploration program at the Mann Property, a joint venture with Noble Mineral…

Osisko Reports Record 2023 Results and Provides 2024 Guidance and New 5-Year Outlook

News

Osisko Reports Record 2023 Results and Provides 2024 Guidance and New 5-Year Outlook

Record annual revenues of $247.3 million and record operating cash flows of $187.0 million

Short News

View all

Tudor Gold Significantly Increases Ounces and Grade in an Updated Mineral Resource Estimate for the Goldstorm Deposit at Treaty Creek, British Columbia with an Indicated Mineral Resource of 27.87 Moz AuEQ at 1.19 g/t AuEQ

Tudor Gold Provides Review Of Its 2023 Treaty Creek Drill Program And Establishes “At-The-Market” Equity Program

Revival Gold Expands Land Position and Advances Exploration South of Joss

Chesapeake Announces Preliminary Metallurgical Test Results Demonstrating up to 97% Gold Recoveries at Lucy Project

Werbung