Western Uranium & Vanadium Corp. is providing the following updates: Uranium Markets A few months, have made 2023 an extraordinary year for uranium markets. From January through mid-August, uranium spot prices traded in a narrow range from $50 per pound to $57 per pound. Then in mid-August Spot began to rally surpassing the $60 and $70 price level [...]
Western Uranium & Vanadium Corp. is pleased to announce that it hosted a delegation from the U.S. Department of Energy's Oak Ridge National Laboratory at its Sunday Mine Complex on Thursday September 14th. The ORNL is considered among the world's premier scientific research institutions and is charged with solving problems and creating solutions at [...]
Western Uranium & Vanadium Corp. is pleased to announce the results of the Company's Annual General and Special Meeting of shareholders held in Nucla, Colorado on June 29, 2023. Proxy votes were cast for common shares representing approximately 46.1% of the issued and outstanding common shares of the Company as at the record date for the Meeting [...]
Western Uranium & Vanadium Corp. is pleased to provide the following updates on the mill and mines: The development of the Company's new state-of-the-art mineral processing plant continues to progress well. The Utah mill site in the Green River Industrial Park has been upsized through the addition of adjacent land. This allows the future scale of [...]
Western Uranium & Vanadium Corp. is pleased to announce that its Board of Directors has adopted a shareholder rights plan agreement . While the Plan is effective immediately, its continuance is subject to Western obtaining shareholder approval at our annual general and special meeting to be held on June 29, 2023. The Plan was adopted to help [...]
Western Uranium & Vanadium Corp. is pleased to provide further details on our previous announcement regarding a new mineral processing facility in Utah to be built by the Company in the Green River Industrial Park . Western's mineral processing facility will complement other planned strategic uses of the Industrial Complex, including a nuclear [...]
Western Uranium & Vanadium Corp. is pleased to announce that it has acquired property in the State of Utah to build a state-of-the-art mineral processing plant . Site and Facility design, as well as permitting, has begun. The Facility will be designed and constructed to recover uranium, vanadium and cobalt from ore mined both from mines owned by [...]
Western Uranium & Vanadium Corp. is providing the following shareholder updates: Mining Operations - Sunday Mine Complex Western's transition from employing a mining contractor to building an in-house mining operation has now been completed. Since this transition began in spring 2022, ten employees have been added to support mining operations and [...]
Western Uranium & Vanadium Corp. is providing the following updates: Nuclear Fuel and Uranium Markets Western currently is observing positive catalysts across multiple levels of the nuclear fuel and uranium markets. At a micro-level the projected supply / demand imbalance is expanding. Demand is increasing with new reactors being built, next [...]
Western Uranium & Vanadium Corp. is providing the following Company updates: Sunday Mine Operations Ore production during mine development has resulted in ore stockpiled in the mine with a uranium and vanadium value, after processing, of over six million dollars . At the end of March, the mining contractor engaged by Western decided to retire from [...]
Western Uranium & Vanadium Corp. is providing the following Company updates: Sunday Mine Complex - GMG Ore Body: Production Update The first phase of the ongoing Sunday Mine Complex project was to define and develop the GMG Ore Body ; however after 30 feet of waste rock removal high-grade uranium ore has been intersected continuously. Thus the team [...]
Western Uranium & Vanadium Corp. through its wholly-owned subsidiary, Black Range Minerals, has received the first royalty payment for oil and gas production from its property located in Weld County Colorado. This first royalty payment was in the amount of $207,552, which represents payment since sales began in August 2021 through December 2021 [...]