Tag: uranium

From Water to Uranium, the US Government Continues to Fail the Navajo Nation

Guest Opinion. The Navajo Nation is the largest land reservation held by the Diné (Navajo People) in the United States–larger than ten states. Despite this, 30% of the families in the Navajo Nation live without running water, and the opening of a uranium mine poses more risks for Native communities surrounding the Grand Canyon area. The […]

Advocates demand halt to uranium mine near the Grand Canyon

The Grand Canyon truly lives up to its name, being the largest canyon on Earth and one of the most popular national parks in America. But due to uranium mining in the area, some advocates are warning it could become the site of a future environmental disaster, which threatens to make one Indigenous village “extinct.” […]

Iran Frustrates Nuclear Monitors as Its Uranium Stockpile Grows

(Bloomberg) — Iran is frustrating international efforts to examine its nuclear program as it speeds up its production of uranium enriched close to the level needed for weapons. Most Read from Bloomberg International Atomic Energy Agency inspectors figure Iran now has sufficient quantities of highly-enriched uranium to build several atomic warheads, Director General Rafael Mariano […]

Uranium Stocks Popped Today. Should You Buy Any of Them?

Worries over Kazakhstan’s ability to maintain the production levels necessary to keep the world supplied with uranium sparked a bull market in uranium stocks on Friday. Shares of Cameco (NYSE: CCJ), the world’s No. 2 producer of uranium and by far the most valuable uranium stock in the West with a $22 billion market capitalization, gained […]

Why Uranium Energy, Cameco, and Denison Mines Stocks All Popped Today

Bad news out of Kazakhstan sparked a surge in the share prices of multiple uranium stocks on Friday, with shares of companies such as Cameco (NYSE: CCJ) and Denison Mines (NYSEMKT: DNN) rising 9.6% and 9.7% through 1:15 p.m. ET, while Corpus Christi, Texas-based uranium producer Uranium Energy (NYSEMKT: UEC) beat them both with a […]

Soaring uranium prices ‘hit another inflection point’

Data firm UxC estimates nuclear utilities contracted more than 160 million pounds in 2023, the most since 2012. (William Andrew via Getty Images) With the spot price of uranium at its highest level since 2007, the Canadian owner of more than 60 million pounds sees more room for nuclear fuel to run in 2024. Uranium […]

Iran rejects IAEA report on increased highly enriched uranium output

The head of Iran’s Atomic Energy Organization has rejected a report by the International Atomic Energy Agency (IAEA) to the effect that production of highly enriched uranium has been ramped up sharply. “We are pursuing our current activities within the rules framework,” Mohammad Eslami said, the Iran Students’ News Agency (ISNA) reported on Wednesday. On […]

Iran expanding production of highly enriched uranium, IAEA says

Iran has been ramping up the production of highly enriched uranium, the International Atomic Energy Agency (IAEA) said on Tuesday, reversing a slowdown that started in the middle of the year. IAEA chief Rafael Grossi informed the organization’s member states on Tuesday, a spokesman in Vienna said. Production had previously been scaled back in mid-2023. […]