Decline was in line with S&P/TSX Composite index, which also plummeted 15% during the quarter.

Patient and steadfast uranium investors were given an early Christmas present last week when the Japanese community of Satsumasendai announced approval of the restart of the Sendai nuclear power-plant, the first restart to be approved in Japan since the 2011 Fukushima disaster.

Just a couple of days after announcing a strategic investment and JV agreement with AuRico, Carlisle Goldfields (CGJ.TSXV) has been offered $0.096 per share in an all-cash takeover from Nordgold.

Their plea comes amid fears a climate change deal reached Wednesday between the U.S. and China could hurt coal miners in Australia.

Global demand, however, fell to its lowest in nearly five years as Chinese buying slid by a third.

The news come only a day after the project executive director in Chile, Eduardo Flores, told local media that Barrick was hopeful it could find a way forward with the long-delayed mine.

Nominee Amarjargal Renchinnyam is a respected economist who could help bring Vancouver firm's $5bn Oyu Tolgoi copper-gold expansion project back on track.

After losing half of its value, the spot price of uranium has in recent weeks risen from less than $30 per pound to $42 per pound. Roger Lemaitre, President and CEO of UEX Corp., is pleased but not surprised, as a supply shortage looms, and sanctions against Russia are spooking utilities.

To keep the lights on 30% of juniors need to raise money within six months, 59% within a year new survey shows.