NYSE:NXE

NexGen Energy to Host Q1 2024 Conference Call on Rook I Project Developments

Retrieved on: 
Thursday, May 9, 2024

VANCOUVER, BC, May 9, 2024 /PRNewswire/ - NexGen Energy Ltd. ("NexGen" or the "Company") (TSX: NXE) (NYSE: NXE) (ASX: NXG) is pleased to announce the Company will host its 2024 first quarter conference call on Tuesday, May 14, 2024, at 8:30 am Eastern Standard Time.

Key Points: 
  • VANCOUVER, BC, May 9, 2024 /PRNewswire/ - NexGen Energy Ltd. ("NexGen" or the "Company") (TSX: NXE) (NYSE: NXE) (ASX: NXG) is pleased to announce the Company will host its 2024 first quarter conference call on Tuesday, May 14, 2024, at 8:30 am Eastern Standard Time.
  • The Company has submitted its Financial Statements and Management Discussion & Analysis for the first quarter of 2024.
  • These documents are available for review on the NexGen website, under Reports and Filings, and on the Company's SEDAR+ profile at www.sedarplus.com .
  • In addition, a replay will be available on the NexGen website under Events & Presentations.

Global Uranium Production to Increase as Prices Are Expected to Hit a 15 Year High

Retrieved on: 
Tuesday, April 2, 2024

It added: "Kazakhstan is expected to deliver the highest uranium production growth in 2024, GlobalData says, driven by the planned higher output from the country’s largest uranium producer Kazatomprom.

Key Points: 
  • It added: "Kazakhstan is expected to deliver the highest uranium production growth in 2024, GlobalData says, driven by the planned higher output from the country’s largest uranium producer Kazatomprom.
  • The continuous ramp-up of Canada’s McArthur River uranium mine will also contribute to the global increase, it adds.
  • Despite a 5.1% dip in output in 2023 due to planned lower production from Kazatomprom, its output is expected to recover in 2024, with forecast production of 23.2kt.
  • It continued: “Meanwhile, global uranium production in 2024 will be further bolstered by continuous ramp-up of Canada’s McArthur River, which is aiming to produce 6.9kt of uranium (8.2kt of U3O8) for 2024.

NexGen Energy to Host Year End Conference Call

Retrieved on: 
Wednesday, March 6, 2024

VANCOUVER, BC, March 6, 2024 /PRNewswire/ - NexGen Energy Ltd. ("NexGen" or the "Company") (TSX: NXE) (NYSE: NXE) (ASX: NXG) is pleased to announce the Company will host its year-end and fourth quarter conference call on Monday, March 11, 2024, at 8:30 am Eastern Standard Time.

Key Points: 
  • VANCOUVER, BC, March 6, 2024 /PRNewswire/ - NexGen Energy Ltd. ("NexGen" or the "Company") (TSX: NXE) (NYSE: NXE) (ASX: NXG) is pleased to announce the Company will host its year-end and fourth quarter conference call on Monday, March 11, 2024, at 8:30 am Eastern Standard Time.
  • Call details are as follows:
    Prior to the call, the Company will file its year-end and fourth-quarter Financial Statements and Management Discussion & Analysis on March 7th pre-market.
  • These filings will be available for review on the NexGen website, under Reports and Filings and on the Company's SEDAR+ profile at www.sedarplus.com .
  • In addition, a replay will be available on the NexGen website under Events & Presentations.

How Supply & Demand is Likely Driving the Uranium Market to Reach a 16-Year Peak This Year

Retrieved on: 
Wednesday, February 14, 2024

PALM BEACH, Fla., Feb. 14, 2024 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - Experts predict that the global uranium market is likely to reach a 16 year peak in 2024.

Key Points: 
  • PALM BEACH, Fla., Feb. 14, 2024 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - Experts predict that the global uranium market is likely to reach a 16 year peak in 2024.
  • Toronto-listed Cameco is expected to be the world's second largest uranium producer this year after Kazatomprom.
  • The objective of the 2024 program is the discovery of uranium mineralization associated with conductive electromagnetic (EM) anomalies.
  • “We are incredibly excited to be starting the preparations for our maiden drill program, a key milestone for the company.

Canada Rich in Uranium Resources Projected to Fuel Strong Growth for Mining Industry Over Next Five Years

Retrieved on: 
Tuesday, February 13, 2024

Overall industry revenue has climbed at a CAGR of 5.4% to an estimated $4.0 billion, while leading to growth in industry profit.

Key Points: 
  • Overall industry revenue has climbed at a CAGR of 5.4% to an estimated $4.0 billion, while leading to growth in industry profit.
  • The industry in Canada will continue to be primarily driven by fluctuations in the prices of its underlying commodities.
  • Declining prices for molybdenum and platinum will inhibit industry growth, but be partly offset by inclines/rises in the price of uranium.
  • The prices of three of the most prominent industry products, molybdenum, platinum and uranium have all grown since 2018.

NexGen Initiates 30,000 Meter 2024 Uranium Exploration Program

Retrieved on: 
Wednesday, February 7, 2024

The Company's 2024 program builds on 2023 exploration results, which advanced the geological investigation of previously unexplored corridors and produced priority targets for this 2024 campaign.

Key Points: 
  • The Company's 2024 program builds on 2023 exploration results, which advanced the geological investigation of previously unexplored corridors and produced priority targets for this 2024 campaign.
  • In 2024, NexGen is increasing its exploration effort with a 30,000-meter drill program to follow up on these results and continue to systematically test the large and prospective land package NexGen holds.
  • By refining targets through purpose-built geophysical coverage and drill testing priority areas, this exploration program is designed to strategically capitalize on the increasing global demand for clean, sustainably produced Canadian uranium.
  • For a detailed summary of NexGen's 2024 exploration program, please visit: https://www.nexgenenergy.ca/exploration/overview/default.aspx
    NexGen's cash reserves are approximately C$410 million available to fund the continuing development and further exploration of the Company's mineral properties, and for general corporate purposes.

Nuclear Power Plant Construction Boom Fueling Billion Dollar Growth for Uranium Market

Retrieved on: 
Wednesday, January 31, 2024

The main types of uranium ore are granite-type uranium deposits, volcanic-type uranium deposits, sandstone-type uranium deposits, and carbonate-siliceous-pelitic rock-type uranium deposits.

Key Points: 
  • The main types of uranium ore are granite-type uranium deposits, volcanic-type uranium deposits, sandstone-type uranium deposits, and carbonate-siliceous-pelitic rock-type uranium deposits.
  • It will grow from $1.11 billion in 2023 to $1.21 billion in 2024 at a compound annual growth rate (CAGR) of 9.5%.
  • The growth in the historic period can be attributed to the nuclear power plant construction boom, the cold war and military demand, the Chernobyl and three-mile island incidents, global economic trends, and changes in the regulatory environment.
  • Business Research concluded: “Rising nuclear fuel consumption is expected to propel the growth of the uranium ore market going forward.

Uranium Mining Market Performance Booming as Demand Skyrockets, Projected to Reach $11 Billion

Retrieved on: 
Wednesday, January 17, 2024

The construction and expansion of nuclear power plants lead to increased uranium demand, driving uranium mining activities.

Key Points: 
  • The construction and expansion of nuclear power plants lead to increased uranium demand, driving uranium mining activities.
  • The report says: “The global uranium mining market is expected to reach US$ 11,388.3 million by 2030, with an annual growth rate of more than 5.0%.
  • The uranium mining market is estimated to be 53.0 thousand tons (kt) in 2023.
  • Based on the mining method, the open-pit mining segment is the most common method of uranium mining, accounting for over 90% of global uranium production in 2022.

Global Uranium Market Size Is Expected to Reach $3.27 Billion By 2027

Retrieved on: 
Wednesday, January 10, 2024

A report from Market Reports World said that the Global Uranium Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2030.

Key Points: 
  • A report from Market Reports World said that the Global Uranium Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2030.
  • In 2022, the market was growing at a steady rate and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.
  • The global Uranium market size was valued at USD 2646.85 million in 2021 and is expected to expand at a CAGR of 3.6% of 3.6% during the forecast period, reaching USD $3272.84 million by 2027.
  • The report added: “The global building and enlargement of nuclear power facilities is one factor driving up uranium consumption.

NexGen Receives Provincial Environmental Assessment Approval for the Rook I Project

Retrieved on: 
Thursday, November 9, 2023

VANCOUVER, BC, Nov. 9, 2023 /PRNewswire/ - NexGen Energy Ltd. ("NexGen" or the "Company") (TSX: NXE) (NYSE: NXE) (ASX: NXG) is pleased to announce that it has received Ministerial approval under The Environmental Assessment Act of Saskatchewan to proceed with the development of its 100%-owned Rook I Project (the "Project").

Key Points: 
  • VANCOUVER, BC, Nov. 9, 2023 /PRNewswire/ - NexGen Energy Ltd. ("NexGen" or the "Company") (TSX: NXE) (NYSE: NXE) (ASX: NXG) is pleased to announce that it has received Ministerial approval under The Environmental Assessment Act of Saskatchewan to proceed with the development of its 100%-owned Rook I Project (the "Project").
  • NexGen is the first company in more than 20 years to receive full Provincial Environmental Assessment approval for a uranium project in Saskatchewan.
  • Leigh Curyer, Chief Executive Officer, commented: "The achievement of this major milestone of Provincial Environmental Assessment approval for Rook I is key in meeting the surging global demand for ethically sourced uranium.
  • With Provincial EA approval now in place, NexGen has submitted all responses to the Federal technical review of the Rook I Project Environmental Impact Statement and eagerly look forward to the completion of the Federal EA approval process."