uraniumexploration
Blue Sky Uranium (TSXV:BSK,OTCQB:BKUCF) announced on Monday (June 17) that it is expanding its exploration portfolio by acquiring two new projects that are prospective for uranium in Argentina's Neuquén Basin. The company's cornerstone asset is the Amarillo Grande project (AGP), where work continues to progress. “Within our flagship AGP we have the Ivana deposit moving into the pre-feasibility stage, and multiple established exploration targets that are ready for the next steps,” said CEO and President Nikolaos Cacos in a press release. “So it is time for us to look to expand our longer-term p...
Investing News Network
Output from the top uranium-producing countries rose steadily for a decade, peaking at 63,207 metric tons (MT) in 2016. However, global uranium production has noticeably declined in the years since then. Decreased numbers across the world are related to the persistently low spot prices the uranium market has experienced in the wake of the Fukushima disaster; COVID-19 and Russia's war against Ukraine have also had an impact on output. Now uranium prices have begun to rebound significantly, buoyed by increasingly positive sentiment about the role of nuclear power in the energy transition, and in...
Investing News Network
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