Cameco closes $366 million debt offering

Orano mines uranium in Canada, Kazakhstan and Niger and has a single fuel enrichment facility in France.

Interest in the radioactive metal has surged amid a growing supply gap and increased demand.

Industry experts and analysts say that the uranium market has likely set a new floor thanks to a strong demand outlook.

The military coup in July led the U.S. to suspend government funding for Dasa, but the company raised C$15 million in January.

Despite a new uranium ban being discussed in Congress, the US is still heavily dependent on Russian uranium.

Its exclusive prospecting licence for the Namibplaas uranium deposit has been renewed for two years.

The company restarted production at Rosita in South Texas in November last year.

The Newnham Lake project is close to significant discoveries such as IsoEnergy's Hurricane deposit, in the Athabasca basin.

Across the US and allied countries, owners of left-for-dead uranium mines are restarting operations.