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News and Editorials
May 27 NexGen (NXE,TSXV) Releases Further Assays From Winter 2015 Program and Confirms Broad High-Grade Mineralization in the A2 and A3 Shears at Arrow News
May 27 Canadian uranium companies could be on China's buy list News
May 27 China looking to grow its stake in the uranium market News
May 26 NexGen Energy Ltd. (NXE,TSXV) Closes $23,740,000 Bought Deal Financing News
May 26 Denison Mines (DML,TSX) Completes CAD$15,000,000 Bought Deal Offering News
May 26 International Montoro Resources Inc. (IMT,TSXV) : Highly Anomalous Assay Results From Pecors Drill Hole #1 News
May 26 Uranium week:Japan's ups & downs News
May 26 China eyes Canadian uranium miners - report News
May 26 Cigar Lake Uranium mine comm. prodn. & positive multiyear nuclear outlook News
May 25 Pele Mountain (GEM,TSXV) Announces Closing of Private Placement News
May 25 Uranium in Nunavut: unsustainable energy? News
May 22 Khan (KRI,CSE) Files Second Quarter 2015 Financial Results News
May 22 Uranium industry poised for promising future News
May 22 Optimistic outlook buoys supply forum News
May 21 Energy Fuels (EFR,TSX) Amends the Date of its Annual & Special Meeting; Adds Approval of the Uranerz Acquisition to the Meeting News
May 21 Potential uranium stockpile sale could hurt investor sentiment News
May 20 Silver Spruce Resources (SSE,TSXV) Bi-Weekly Filing Update News
May 20 Uranium industry poised for promising future News
May 20 Negative sentiment outweighing fundamentals in uranium pricing News
May 20 This key uranium player is about to shock the market News
May 20 The long-awaited uranium renaissance News
May 19 Uranium daily spot price down 35 cents from week ago to $35.65/lb News
May 19 Uranium week: Rebound Fades News
May 19 Hope for better price News
May 19 Why a new age of nuclear energy is about to dawn News
May 18 Uranium's glow still smothered by safety concerns News
May 15 WASECO RESOURCES INC. (WRI,TSXV) Announces Extension of Non-Brokered Private Placement News
May 15 Mega Uranium Ltd. (MGA,TSX) Proposes Private Placement News
May 15 Roth Capital Thinks Uranium Resources' Stock is Going to Recover News
May 14 Paladin Energy (PDN,TSX) : Financial Report for the Nine Months Ended 31 March 2015 News
May 13 Arak Resources Ltd. (AAC,TSXV) : Property Acquisition News
May 13 CanAlaska (CVV,TSXV) : Drilling at Maguire Confirms Large Alteration System; Drilling to Continue in June with Two Diamond Rigs News
May 13 Northern Uranium (UNO,TSXV) Continues to Intersect Anomalous Radioactivity in Winter Drill Program News
May 13 Spot uranium price ignores fundamentals News
May 13 16 foreign firms to attend Iran mining expo News

Top 15 Producing Uranium Mines (2014)
Name Country tU
McArthur RiverCanada7356
Tortkuduk & MyunkumKazakhstan4322
Olympic DamAustralia3351
Budenovskoye 2Kazakhstan2084
South InkaiKazakhstan2002
Langer HeinrichNamibia1947
Central MynkudukKazakhstan1790
Rabbit LakeCanada1602
Budenovskoye 1,3&4Kazakhstan1594
Southern Moinkum & KhanzhuganKazakhstan1174
Source: World Nuclear Association

Feature Presentation
The Athabasca Basin in Northern Saskatchewan hosts the world's largest and highest grade uranium deposits accounting for 1/3 of the global uranium supply, a figure which is expected to increase significantly by the end of the decade. The Basin has witnessed a rush in claim staking activity since 2004 due to the rise in the price of uranium to about US$40/lb (March 13, 2006). At present, there are more than 30 companies exploring for uranium in the Basin.
Full coverage of the Athabasca Basin

Uranium Sector Reports
by Resource Captial Research

Uranium Market Commentary : May 26, 2015 - Cameco Declares Commercial Production at Cigar Lake -
After some difficulties reaching its operating targets at the Cigar Lake mine in Northern Saskatchewan, Cameco (TSX:CCO,NYSE:CCJ) announced Friday that the operation was in commercial production as of May 1.
While the news could be considered business as usual, it's worth recognizing given all the challenges Cameco has overcome as operator of the mine, which President and CEO Tim Gitzel has dubbed one of "the most technically challenging mining projects in the world."
One of the reasons Cigar Lake is so challenging is that the deposit is located between 410 and 450 meters below the surface in the Athabasca Basin, where water-saturated sandstone meets with the underlying basements rocks. As Zimtu Capital analyst Derek Hamill told The Energy Report last year, "the ...
Facts (Source: World Nuclear Association)
Uranium is a naturally-occurring element in the Earth's crust. Traces of it occur almost everywhere, although mining takes place in locations where it is naturally concentrated. To make nuclear fuel from the uranium ore requires first for the uranium to be extracted from the rock in which it is found, then enriched in the uranium-235 isotope, before being made into pellets that are loaded into the nuclear fuel assembly.
Uranium mines operate in some twenty countries, though about half of world production comes from just ten mines in six countries, in Canada, Australia, Niger, Kazakhstan, Russia and Namibia.
At conventional mines, the ore goes through a mill where it is first crushed. It is then ground in water to produce a slurry of fine ore particles suspended in the water. The slurry is leached with sulphuric acid to dissolve the uranium oxides, leaving the remaining rock and other minerals undissolved, as mine tailings.
However, nearly half the world's mines now use a mining method called in situ leaching (ISL). This means that the mining is accomplished without any major ground disturbance. Groundwater with a lot of oxygen injected into it is circulated through the uranium ore, extracting the uranium. The solution with dissolved uranium is pumped to the surface.
Both mining methods produce a liquid with uranium dissolved in it. This is filtered and the uranium then separated by ion exchange, precipitated from the solution, filtered and dried to produce a uranium oxide concentrate (U3O8), which is then sealed in drums. This concentrate may be a bright yellow colour, hence known as 'yellowcake', or if dried at high temperatures it is khaki.

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