The world’s top producer boosted production 6% year-on-year in the first half of the year.

Exploration licence allows Bedford to start field activities aimed at validating targets identified in previous surveys at the Saskatchewan project.

Term prices are now around $79 per pound, the highest since 2008, and estimated to rise further in coming months.

Paladin Energy’s arrival in Canada marks the first time since 2022 that a large foreign miner will list its shares on the TSX.

The DOE deferred a decision on a waiver for 2026 and 2027, Centrus said.

The trip comes after Niger’s military government withdrew mining rights from Canadian and French companies to develop uranium deposits.

Paladin would churn out 10% of global uranium output after combining production of its Namibian mine with Fission’s Canadian project.

The company holds a portfolio including precious, base and strategic metal exploration in North America, Africa, Saudi Arabia and Australia.