Berkeley to take uranium mine dispute with Spain to arbitration
Australian mining group Berkeley Energia will take its dispute with Spain to international arbitration after the country refused to give final approval to a uranium mine near the city of Salamanca, the company said on Wednesday.
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France’s $1.6 billion uranium deal with Mongolia faces delays
France said in October it wants to give landlocked Mongolia, which is situated between Russia and China, “the means to benefit from greater strategic sovereignty” in the face of “two extremely powerful neighbors.”
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Uranium developers say supply jolt is boosting new projects
Uranium project developers see a stronger outlook for prices and supply pacts after the world’s top producer of the nuclear fuel jolted the market with output cuts.
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Uranium stocks extend surge after Kazakh miner cuts output
Uranium miners extended a rally that’s made them the best-performing Australian stocks this year after the world’s biggest producer of the metal used to produce nuclear fuel cut its output target.
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Uranium producer Niger launches mining sector overhaul
Niger temporarily suspended the granting of new mining licenses, the first step in an audit of its mining sector as it seeks to boost government revenue.
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McClean Lake uranium mine in Canada to resume production
Denison Mines and joint venture partner Orano Canada said on Wednesday they will restart the McClean Lake mine, located in the uranium-rich Athabasca Basin in northern Saskatchewan, amid improving project and commodity economics.
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Uranium miners posed to extend gains on supply crunch
Uranium-mining stocks are poised to extend their red-hot run in 2024 as a supply crunch sends the price of the yellow metal even higher, according to Sprott, a commodities-focused investment manager.
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Toro Energy to grow Wiluna uranium project with satellite deposits
Toro Energy has unveiled plans to grow its Wiluna uranium project in Western Australia with the integration of two of the company’s fully-owned satellite deposits currently under assessment as part of an extension study.
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Uranium price jumps to 15-year high as top miner flags shortfall
Uranium prices jumped on Friday to an almost 15-year high after the world’s largest producer, Kazakhstan’s Kazatomprom (LON: KAP), warned it’s likely to fall short of its output targets over the next two years.
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Uranium miners surge on $500 million US enrichment push
Shares in uranium miners jumped globally after the US said it’s soliciting bids to boost domestic production of nuclear fuel in an effort to bolster national energy security.
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US seeks to jumpstart production of higher-energy uranium now made in Russia
Mining News Pro - The US is seeking bids from contractors to help establish a domestic supply of a uranium fuel enriched to higher levels for use in a next generation of reactors, a fuel currently only available in commercial levels from Russia, the Department of Energy said on Tuesday.
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enCore Energy becomes newest US uranium producer after Rosita restart
Mining News Pro - enCore Energy has officially become a uranium producer, with the restart of the South Texas Rosita in-situ uranium central processing plant.
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Hedge funds pile into uranium stocks set for ‘dramatic’ rise
Mining News Pro - Several hedge fund managers have started ratcheting up their exposure to uranium stocks, as they bet on significant price gains.
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Kazatomprom to end uranium production cuts in 2025
Mining News Pro - Kazatomprom, the world’s biggest uranium miner which for the last few years has restricted its own output in order to stabilize prices, will end such cuts in 2025 and thus significantly increase production, it said on Friday.
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Uranium primed to extend rally on resurgent nuclear power
Mining News Pro - Uranium prices are likely to extend a blistering rally and end the year more than 50% higher as mounting worries over climate change accelerate a global shift to cleaner sources of energy including nuclear power, analysts said.
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Uranium primed to extend rally on resurgent nuclear power
Mining News Pro - Uranium prices are likely to extend a blistering rally and end the year more than 50% higher as mounting worries over climate change accelerate a global shift to cleaner sources of energy including nuclear power, analysts said.
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Visit: 283
Orano halts uranium treatment in Niger because of sanctions on junta
Mining News Pro - French nuclear group Orano SA is halting the processing of uranium ore at one of its facilities in Niger because international sanctions against the military junta are hampering logistics.
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The race to ditch Russian uranium starts in New Mexico’s desert
Mining News Pro - In a remote, dusty corner of New Mexico, so near to the Texas border that if you wander too close your smartphone changes time zones, sits a pristine factory that is the best chance for the US to wean itself off an addiction that few knew it had: uranium enriched in Russia.
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Uranium price edges higher after Niger coup, further gains anticipated
Mining News Pro - In the aftermath of Niger’s recent military coup against President Mohamed Bazoum, uranium prices have experienced a slight increase, with some analysts predicting more significant gains in the future.
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CanAlaska to start drilling at Geikie uranium project
Mining News Pro - CanAlaska Uranium has begun mobilizing its field team, drill crew and equipment to it’s 60%-owned Geikie uranium project in Canada’s Athabasca Basin, an area that currently supplies about 20% of the world’s uranium.
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Microbes help deal with uranium in groundwater, spent nuclear fuel repositories
Mining News Pro - Researchers at Sweden’s Linnaeus University described a previously unknown chemical process for the removal of uranium from groundwater.
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Russia uranium deal caused manager exodus at Kazakh mining giant
Mining News Pro - The sale of a stake in a massive new uranium mine to Russia prompted an exodus of senior managers at Kazakhstan’s state-run miner.
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Visit: 156
Russia uranium deal caused manager exodus at Kazakh mining giant
Mining News Pro - The sale of a stake in a massive new uranium mine to Russia prompted an exodus of senior managers at Kazakhstan’s state-run miner.
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Visit: 131
Uranium price showing resilience relative to other commodities
Mining News Pro - The U3O8 uranium spot price fell slightly from $50.85 to $50.70 in March and remains up 4.93% year-to-date as of March 31, 2023, showing strength relative to other commodities, which declined 6.47% YTD (as measured by the BCOM Index), Sprott Asset Management said in its latest uranium report.
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GoviEx sells Falea uranium project in Mali
Mining News Pro - GoviEx Uranium is selling its uranium-silver-copper Falea project in Mali to African Energy Metals (TSXV: CUCO) in a C$5.5 million cash and share deal.
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Visit: 184