Energy Fuels Inc. has successfully closed its upsized offering of convertible senior notes, raising a total of $700 million. This includes a full exercise of the initial purchasers’ option to buy an additional $100 million of notes. Goldman Sachs was the sole book-running manager for the offering, supported by Cantor, Morgan Stanley, BMO Capital Markets…more
Energy Fuels Inc. has priced an upsized private offering of $600 million in convertible senior notes due 2031. The offering, initially announced at $550 million, was increased due to investor demand and is expected to close on Oct. 3, pending customary conditions. The notes will carry an annual interest rate of 0.75%, payable semiannually, and…more
Energy Fuels Inc. (NYSE: UUUU; TSX: EFR), a Lakewood-based producer of uranium and rare earth elements, announced plans to raise $550 million through a private offering of convertible senior notes due in 2031. The offering, subject to market conditions, targets qualified institutional buyers under Rule 144A of the U.S. Securities Act. An additional $82.5 million…more
Ur-Energy Inc. has appointed Jade Walle as vice president of finance. Walle brings extensive experience in corporate finance, capital markets and financial reporting in the mining and energy sectors. This addition aims to enhance the company’s leadership team as it expands its uranium recovery operations in Wyoming. Roger Smith, CFO of Littleton-based Ur-Energy, expressed enthusiasm…more
Solitario Resources Corp. (NYSE American: XPL; TSX: SLR) has reported a significant high-grade silver discovery at its Golden Crest project in South Dakota, marking a major milestone in the Wheat Ridge company’s 2025 exploration season. The standout result came from drill hole GC-012, which intersected 1,445 grams per tonne (46.5 ounces) of silver over 1.2…more
Energy Fuels Inc., a Lakewood-based producer of critical minerals, reported that its high-purity neodymium-praseodymium oxide has been successfully used to manufacture permanent magnets for electric vehicles (EVs) and hybrids. This development comes after receiving confirmation from a leading global automotive supplier. The NdPr oxide, mined in Florida and Georgia and processed at Energy Fuels’ facility…more
Energy Fuels Inc. and Vulcan Elements have signed a Memorandum of Understanding (MOU) to develop a fully U.S.-based supply chain for rare earth permanent magnets, which they say reduces reliance on China for these critical materials. Under the agreement, Lakewood-based Energy Fuels will begin supplying high-purity neodymium-praseodymium (NdPr) and dysprosium (Dy) oxides to Vulcan in…more
Energy Fuels Inc. has successfully produced its first kilogram of dysprosium oxide at its White Mesa Mill in Utah, achieving a purity level of 99.9%. This exceeds the commercial specification of 99.5%. The mill is set to continue producing dysprosium oxide at a rate of two kilograms per week. The dysprosium oxide is sourced from…more
DENVER, July 31, 2025 /CNW/ – Energy Fuels Inc. has announced the appointment of Ross R. Bhappu as President, effective August 4, 2025. Mr. Bhappu replaces Mark S. Chalmers, who will retain his positions as Chief Executive Officer and Director. This change aligns with the company’s long-term succession plans. Chalmers expressed enthusiasm about Bhappu’s addition…more
Golden Minerals Co. (NYSE American: AUMN) reported the results of its Annual Meeting of Stockholders held on May 27, 2025, with shareholders voting to re-elect all five nominated directors to the company’s Board. Each director will serve until the next annual meeting in 2026 or until a successor is elected and qualified. The voting results…more
Energy Fuels Inc. has started producing heavy rare earth element oxides at pilot scale at its White Mesa Mill in Utah, with plans to expand to commercial production by the end of 2026. This development represents the only current U.S. production of separated heavy rare earth oxides from mined ores. The Lakewood company is now…more
Ur-Energy provided operational and construction updates for the second quarter of 2025 at its uranium projects in Wyoming, including Lost Creek and Shirley Basin. Production at Lost Creek continues to improve, with the company packaging 112,033 pounds of uranium during the quarter, a 35% increase from the first quarter. The company shipped more than 105,000…more