Drilling Restarts on Globex Royalty Assets on Cadillac Break

Sep 18, 2023

September 18, 2023 – Rouyn-Noranda, Quebec, Canada. GLOBEX MINING ENTERPRISES INC. (GMX – Toronto Stock Exchange, G1MN – Frankfurt, Stuttgart, Berlin, Munich, Tradegate, Lang & Schwarz, LS Exchange, TTMzero, DĂĽsseldorf and Quotrix DĂĽsseldorf Stock Exchanges and GLBXF – OTCQX International in the US) is pleased to provide a brief update on work planned by Radisson Mining Resources Inc. (RDS-TSXV, RMRDF-OTCQB) on the O’Brien Gold Project located in Cadillac township,...

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Blue Sky Uranium – Nukes Are Back, but Uranium Is in Short Supply

Sep 18, 2023

WSJ – 09/13/23 NUKES ARE BACK, BUT URANIUM IS IN SHORT SUPPLY Atomic power plants are in vogue again, sending prices higher for the radioactive element A renaissance for the nuclear-power industry has run into a problem: Prices have soared for the radioactive uranium required to fuel reactors in the decades ahead. New reactors have connected to the grid in the U.S., Asia and Europe, while the lifetime of existing plants has been extended. Japan is bringing power stations that were closed...

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Blue Sky Uranium – Strong Fundamentals Anchor Uranium’s Rise

Sep 18, 2023

Uranium and uranium mining stocks had a strong month in August. U3O8 spot uranium and uranium mining stocks gained 25.49% and 21.52%, respectively,1 YTD as of 8/31/2023, outperforming the frothy S&P 500 TR Index’s YTD return of 18.73%.2 We believe the uranium bull market is intact and favorable supply-demand dynamics will likely continue to provide support over the long term. By Jacob White, CFA ETF Product Manager, Sprott Asset Management...

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