Purepoint Uranium updates Athabasca Basin exploration

CGN Mining Company, a subsidiary of China General Nuclear Power with a 11.26% stake in Fission Uranium, is obstructing the tie-up.

UEC’s results come as the uranium spot price, at $78.50 per lb. on Thursday, continues to trend slightly downward.

Kazatomprom CEO has said that the Ukraine war is making it harder to supply the west.

Mining companies alone made up one-fifth of this year's TSX30 list.