We are responding to wildfires around Fort Hope, Ontario. 4x CC-130 aircraft have flown 7 evacuation flights with support from other CAF members, including Canadian Rangers, moving more than 500 people to safety. https://t.co/aIOsSFmL4l
👨🏫I hope U understand the significance of this historic break-out of the monthly Long-term contract #Uranium price to a level never seen before.📈⬆️💥
The Long-term price reported by the 2 #Nuclear fuel consultants TradeTech & UxC is the lowest supply contract offer price by a seller within each reported month. That price plateaued in 2007 & 2008 at $95 and now TradeTech is reporting their June 2026 Long-term price at $97, the highest ever reported since Uranium began trading!🌋😎
🧾The Long-term market is where 85% or more of uranium procurement is transacted between producers and Nuclear utilities under signed supply contracts, as opposed to the Spot market which is primarily for making small discretionary purchases and the daily swing trading of small lots between traders trying to pocket small profits on price volatility.🔃
Hence, the Long-term price is our primary supply vs demand gauge, confirming through its steady rise to a new all-time high that we are indeed in a structural supply deficit.📈↕️🌡️ We wouldn't see Nuclear utilities signing fixed-price contracts at $97 and above if there was no supply deficit!⚠️
Now that Spot Uranium traders are seeing that fuel buyers are willing to pay over $95/lb in the term market, they will begin moving the Spot price up to at least $95 to capture significantly higher profits from the material they currently hold.🤑 We saw the Spot price get ahead of the Term price by spiking to over $100 and now the Term market is catching up to that $100 level, so it is only a matter of time now before the Spot price races to catch up and likely pass the Term price in the coming months and years.🏎️🔥
The supply deficit is confirmed, the price trend for both the Long-term and Spot Uranium prices is pointing to far higher prices incoming amid soaring demand and faltering supply.↕️🗜️ That will drive U mining stocks higher, also to levels far higher than in the prior bull market that peaked in 2007/2008, imho.📈 Good luck!☘️🌈💰🤠🐂
Paladin Energy Unveils High-Grade Atlas Uranium Discovery at Patterson Lake South
Highlights
• High-grade uranium mineralisation has been intersected 3.5km south of Paladin’s Triple R deposit and 4.5km southwest of Saloon East.
• Eight (8) exploration drillholes were collared, with seven intersecting significant uranium mineralisation at the new Atlas discovery, totalling 2,408m.
• Key winter 2026 intercepts at Atlas include:
o PLS26-708B (discovery drillhole): 17.5m of total composite uranium mineralisation across three intervals, the largest being 8.0m averaging 1.75% U3O8, including 3.0m averaging 4.25% U3O8 from 190.0m to 193.0m
o PLS26-718: 21.5m of total composite uranium mineralisation across two intervals, the largest being 14.5m averaging 1.70% U3O8, including 5.5m averaging 2.86% U3O8 from 194.5m to 200.0m
o PLS26-722: 30.0m of total composite uranium mineralisation across seven intervals, the largest being 11.0m averaging 1.79% U3O8, including 5.0m averaging 2.94% U3O8 from 189.0m to 200.0m
• The Atlas discovery remains open along strike and at depth.
$PDN.TO @Paladin_Energy
We're proud to share that Denison has interests in two of the world's top-ranked uranium and other metals development projects - Phoenix and Midwest - as evaluated by the Mining Journal.
Phoenix represents a significant milestone for Canada's uranium sector as the first uranium mine approved for in-situ recovery (ISR) mining and the first large-scale Canadian uranium mine approved for construction in more than 20 years.
Phoenix is a nation building project that reflects Canadian innovation, determination, and leadership in sustainable resource development, with the potential to play an important role in supporting the global growth of nuclear energy.
Midwest is a high-potential development project being evaluated by the Midwest Joint Venture (25.1% Denison-owned) using the SABRE mining method, and was studied by Denison for potential deployment of ISR mining.
Join us for the Mining Journal's upcoming webinar where Denison discusses these projects and our progress at Phoenix.
🔗https://t.co/N9k1cIX4PV
Cornerstone approvals have been secured for our Muntanga #Uranium Project, with ESIA and RAP approvals materially de-risking the project and providing a clear regulatory pathway toward future development.
Read more: https://t.co/8j2BBPMMkC
$AEU
🗞️ @AtomicEagleASX $AEU has confirmed that its Chairman and CEO visited the Republic of Niger, where the Madaouela Uranium Project is located, to meet with the Ministry of Mines for technical and legal discussions.
🔗 Read more here: https://t.co/ygMQNv0KWo
#miningnews #exploration #drilling #resources #mining
‼️Is #Canada about to make even bigger investments in new #Nuclear power plants💰⚛️🏗️👷🇨🇦 as the G7 leader in building Small Modular Reactors fueled by world's highest-grade #Uranium deposits?⛽️⛏️ Tune in Monday, June 22nd, for a major announcement!📰👀🤠🐂https://t.co/30prcNvi9z
We are proud to mark a major milestone in Canada’s mining industry.
Site preparation and early works construction are underway at the Phoenix uranium mine, part of our flagship Wheeler River Project. This progress follows a successful ceremonial groundbreaking at site and a celebration in Saskatoon.
As Canada’s first-ever in-situ recovery (ISR) uranium mine and the first large-scale uranium project approved for construction in over 20 years, Phoenix represents a new era of innovation, sustainability, and collaboration.
For more information check out the full article here: https://t.co/KH6NXjHpGY
Rumours and West #Africa press news confirmed!✅ Atomic Eagle $AEU $AEUXF has indeed been in #Niger working with the Nigerien government on a new #mining plan (with its GoviEx Niger subsidiary) that could bring its halted Madaouela #Uranium Project back online.🏭😃 Yee-Haw!🤠🐂
$AEU Chair Grant Davey & CEO @HoskinsPhil met with representatives from the Gov of the Rep. of Niger's Ministry of Mines, participating in discussions aimed at drafting a new mining convention to support the resumption of the Madaouela #Uranium Project: https://t.co/vfcKxrHXnO
Last week marked an exciting and proud moment as we held a ceremonial groundbreaking for the Phoenix In-Situ Recovery (ISR) mine— commemorating the start of site preparation and early works construction.
We were thrilled to celebrate this momentous occasion alongside our Indigenous and local community partners and our construction management contractor, Wood (@Woodplc) Canada. Representatives from English River First Nation, Kineepik Métis Local, Métis Nation–Saskatchewan, and Ya’thi Néné Lands and Resources joined the Denison team for this special occasion.
Phoenix represents a bold step forward for the Canadian uranium mining industry – as the first uranium mine in the country to use the ISR mining method, and the first large-scale Canadian uranium mining project to be approved for construction in more than 20 years. This is a nation-building project that showcases the very best of Canadian mining ingenuity, collaboration, and determination.
Thank you to everyone who joined us on-site to celebrate this milestone achievement under the clear skies and bright sunshine of northern Saskatchewan.
@FoodProfessor@forest10000 Wrong. Absolutely nothing to gain. Buy time. This too shall pass.
Canada 🇨🇦 is playing the long game, building a coalition of middle powers and a new world order.
Don't let them convince you otherwise.
💪
U.S. utilities have contracted up to 234M lbs U₃O₈e for 2025–2034, yet estimated reactor requirements are closer to 470M lbs—leaving roughly 236–289M lbs still uncovered and highlighting the scale of future #uranium contracting still ahead.
Tylah Tully looks at @AtomicEagleASX's option to acquire the Sitwe #uranium project, potentially adding a massive 429sqkm land package to its Zambian portfolio. https://t.co/1mgvI2Ciu6 #ASX $AEU