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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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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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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Cameco, Orano up stake in Cigar Lake uranium mine
Mining News Pro - Uranium producers Cameco and Orano are increasing their stakes in the Cigar Lake uranium mine in northern Saskatchewan, Canada, by buying Idemitsu Canada Resources’ 7.9% interest in the asset for C$187 million (about $144m).
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UEC acquires Rosatom’s Uranium One assets, creating largest uranium miner in US
Mining News Pro - Uranium Energy on Tuesday entered into a definitive agreement to acquire all outstanding shares of Uranium One Americas Inc. (U1A) for a total purchase price of $112 million, comprising cash and the replacement of $19 million in reclamation bonding.
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No. 1 uranium miner backs physical fund in nod to robust demand
Mining News Pro - Kazatomprom, the world’s largest uranium miner, is backing a new uranium fund that aims to invest in the radioactive metal used to power nuclear reactors.
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Visit: 575
No. 1 uranium miner backs physical fund in nod to robust demand
Mining News Pro - Kazatomprom, the world’s largest uranium miner, is backing a new uranium fund that aims to invest in the radioactive metal used to power nuclear reactors.
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Visit: 758
Australian Government to rehabilitate historic uranium mine
The Australian Government has allocated $3.5 million to rehabilitate the Rum Jungle copper and uranium mine in the Northern Territory.
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Canadian firm plans to start building Niger uranium mine in early 2022
Mining News Pro - A pilot plant program at the Dasa uranium project, in Niger, has delivered better-than-expected metallurgical results and with the required operating permits in hand, Global Atomic CEO Stephen Roman says the company is confident it could start building the Dasa mine early next year.
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Rare earth unlocks key reaction in copper, gold, silver, uranium mineralization
Mining News Pro - Researchers at Australia’s Monash University found that the rare earth cerium affects the fate of a key reaction in copper, gold, silver, and uranium mineralization.
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Rare earth, uranium miners benefit from EV mania and dash of ESG
Mining News Pro - Rare earth miners and uranium producers are reaping rewards from the flood of money pouring into electrification and ESG investing themes.
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Visit: 615
Australia’s Ranger uranium mine ceases production
Mining News Pro - Energy Resources of Australia has ceased production at its Ranger uranium mine in the country’s Northern Territory after 40 years of operations.
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Visit: 598
Uranium miner Energy Fuels becomes debt-free
Mining News Pro - US uranium producer Energy Fuels on Tuesday became debt-free, which president and CEO Mark Chalmers said distinguished the company not only from many of its peers in the uranium and natural resources sector, but also from many public companies in general.
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Energy Fuels sees Trump order as sign of `tangible support` for uranium miners
Mining News Pro - US uranium and vanadium producer Energy Fuels has applauded President Donald Trump’s executive order declaring an emergency in the mining industry, describing it as a “major step towards providing tangible support" for producers and processors of critical minerals.
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Visit: 623
Paladin strengthens case for uranium mine restart
Mining News Pro - Paladin Energy has moved closer towards the restart of the Langer Heinrich uranium mine in Namibia, Africa, which remains permitted to resume mining.
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Paladin completes Kayelekera uranium mine sale
Mining News Pro - Paladin Energy has completed the sale of its 85 per cent interest in the Kayelekera uranium mine in Malawi to Lotus Resources.
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Visit: 646
Uranium miners rise after Trump panel urges US buy domestic
Mining News Pro - A White House task force’s recommendation that President Donald Trump direct the federal government to buy more uranium from domestic producers sent shares of U.S. mining companies higher Thursday.
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Rio Tinto to pay $221m to fund Ranger uranium mine closure
Mining News Pro - Rio Tinto said it will subscribe to $221 million rights shares of Energy Resources of Australia Ltd (ERA), which has been desperately seeking funds to close and rehabilitate a controversial uranium mine.
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Brazil to restart country’s only uranium mine
Mining News Pro - Brazil’s mines and energy minister, Bento Albuquerque, said the country expects to resume production at the country’s only uranium mine before the end of the year and would open the sector to private companies.
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Berkeley Energia boss quits as uranium mine in Spain waits for final OK
Mining News Pro - Berkeley Energia (ASX, LON:BKY), the Australian company that has been trying for years to build Europe’s only open-cast uranium mine, said Thursday its chief executive had resigned and that it would look for a Spanish national to take over the firm’s reins.
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Global geopolitics sideswipe African uranium miners
Mining News Pro - The global uranium mining market in the 2010s took a hit from the Fukushima nuclear disaster in Japan in 2011 — which cut global uranium demand some 10% for many years — and the simultaneous ramping up of low-cost uranium production out of Kazakhstan that has transformed the country into the world’s largest uranium producer.
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Visit: 1033
Paladin offloads majority stake in Kayelekera uranium mine to Lotus
Mining News Pro - Paladin Energy has agreed to sell 85 per cent of its interest in the Kayelekera uranium mine in Malawi to Hylea subsidiary Lotus Resources, a joint venture with Chichewa Resources.
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Australia approves Cameco’s controversial uranium mine
Mining News Pro - Australia’s federal government has given the go ahead to Cameco`s (TSX:CCO, NYSE:CCJ) vast Yeelirrie uranium project, located 500 kilometres north of Kalgoorlie in Western Australia.
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Ranger uranium mine closure to cost over $200m more than expected
Mining News Pro - Energy Resources of Australia (ERA) is reviewing “all funding options” to pay for the full closure and rehabilitating of its Ranger uranium mine, after studies showed the cost would be almost A$300 million (about $213m) higher than previous estimates.
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