Uranium – Uranium Equities Ltd. (ASX:UEQ) announced that, as per results from an independent pre-feasibility study-level engineering study, its PhosEnergy Process is a viable and low-cost way to extract uranium as a by-product of phosphate fertilizer production. Cameco Corp. (TSX:CCO,NYSE:CCJ), which, along with Uranium Equities, commissioned the study, has now committed a further $4 million to the project.
Uranium – Forbes reported shares of Cameco Corp. (TSX:CCO,NYSE: CCJ) trading as low as $16.85 a share entered into oversold territory.
Uranium – Financial Post reported JPMorgan downgraded Cameco Corp. (TSX:CCO,NYSE:CCJ) and Uranium One Inc. (TSX:UUU) to neutral from overweight on the expectation that uranium prices will remain under $50 a pound.
Uranium – Mining Weekly reported Cameco Corp. (TSX:CCO,NYSE:CCJ) says it will not go forward with a feasibility study with its Kintyre uranium project.
Uranium – Reuters reported Cameco's (TSX:CCO,NYSE:CCJ) shared ended 5 percent lower on Thursday weighing on the uranium market.
Uranium – Financial Post reported Cameco (TSX:CCO,NYSE:CCJ) has cut its long-term uranium output on the expectation that nuclear demand will slow.
Uranium – Mineweb reported Cameco (TSX:CCO,NYSE:CCJ) has secured the support of the Martu for the development of the Kintyre uranium deposits in Australia's Western Desert region.
Uranium – Globe and Mail reported as uranium prices continue to flounder pushing TD Securities to downgrade Cameco (TSX:CCO,NYSE:CCJ) to a hold, not buy.
Uranium – Mining Weekly reported Uranium Equities (ASX:UEQ) will acquire interest in two joint ventures from Cameco (TSX:CCO,NYSE:CCJ) exploring for uranium.
Uranium – Bloomberg reported Cameco Corp. (TSX:CCO,NYSE:CCJ) has made $1.45 billion of uranium-industry bids since last year’s Fukushima nuclear accident in Japan and is looking to acquire more.
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