Skip to main content

Platinum Group Metals Ltd(PTM-T)
TSX

Today's Change
Real-Time Last Update

Bullish Runs Continues for Canada Mining Companies as Uranium Prices and Demand are Increasing

PR Newswire - Tue Jul 12, 2022

PALM BEACH, Fla., July 12, 2022 /PRNewswire/ -- FinancialNewsMedia.com News Commentary - From cleaner energy to cancer treatments, Canadian mining companies have been producing the uranium that advances global needs through modern tech. For minerals and metals that come with strong environmental and social standards, Canada's approach is winning friends, followers, and customers. A move towards sustainable mining is a Canadian made, globally recognized sustainability program that supports mining companies in managing key environmental and social responsibilities, enabling mining companies to turn high-level commitments into action on the ground.  A recent article in Mined In Canada.ca said that: Towards Sustainable Mining (TSM) is a Canadian made, globally recognized sustainability program that supports mining companies in managing key environmental and social responsibilities, enabling mining companies to turn high-level commitments into action on the ground. "The mining sector will play a critical role in supplying the minerals and metals for batteries and other technologies needed in the clean economy and I am pleased to see the actions taken today to do that in a manner that is both responsible and sustainable", said the Honourable Jonathan Wilkinson, Minister of Natural Resources in Canada.  It continued: "Canada has all the critical minerals and ESG credentials needed to produce batteries for electric vehicles." said Katie Curran, Interim CEO, Invest in Canada. "Enhancing the ESG performance of our member companies beyond the word of the law is our ultimate goal with TSM. We want to do it right and, with TSM, we are taking the right first step", added Michael T. Toledo, Chairman of the Chamber of Mines of the Philippines. Active mining companies in the markets this week include Traction Uranium Corp. (OTCQB: TRCTF) (CSE: TRAC), Cameco (NYSE: CCJ) (TSX: CCO), Platinum Group Metals Ltd. (NYSE: PLG) (TSX: PTM), Baselode Energy Corp. (OTCQB: BSENF) (TSXV: FIND), NexGen Energy Ltd. (NYSE: NXE) (TSX: NXE).

Read more at prnewswire.com

Provided Content: Content provided by PR Newswire. The Globe and Mail was not involved, and material was not reviewed prior to publication.

More from The Globe