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US Q1 uranium production highest since 2018

US Q1 uranium production highest since 2018

US production of 82,533 pounds U3O8 (32.1 tU) in the first quarter of 2024 was the highest Q1 production since 2018 and almost 80% more than production for the whole of 2023.

Uranium & Fuel 14 May 2024

Would-be producers making the most of the uranium market

Would-be producers making the most of the uranium market

NexGen Energy Ltd has said its newly announced strategic purchase of 2.7 million pounds U3O8 (1039 tU), together with a recent share placement, "will significantly assist the company in funding the anticipated capital needs to develop the Rook I Project" in Canada. Denison Mines Corp intends to use its physical uranium investment to support future project financing efforts for Phoenix - and has just sold 100,000 pounds U3O8 from its physical uranium holdings at more than three times the price it paid for it.

Corporate 10 May 2024

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Niger minister visits Dasa uranium project

Niger minister visits Dasa uranium project

Niger's Mines Minister Ousmane Abarchi took part in the groundbreaking ceremony for the construction of the processing plant at Global Atomic Corporation's site, and expressed the government's support for the project when he visited the mine on 3 May.

Uranium & Fuel 07 May 2024

Former Canadian uranium mine site returned to province

Former Canadian uranium mine site returned to province

The Province of Saskatchewan has released the former Cluff Lake uranium mine and mill site from decommissioning approvals and its associated surface lease, Orano Canada Inc has announced. The area now has unrestricted public access.

Uranium & Fuel 03 May 2024

Kazatomprom issues quarterly update

Kazatomprom issues quarterly update

The Kazakh national atomic company's first quarter uranium production saw a slight year-on-year increase but its guidance metrics remain unchanged. Kazatomprom's first quarter trading announcement also included an update on plans for a new sulphuric acid plant.

Corporate 03 May 2024

Cameco says outlook for 2024 'remains solid'

Cameco says outlook for 2024 'remains solid'

CEO Tim Gitzel said the Canadian nuclear fuel company's results for the first quarter of 2024 - with losses of CAD7 million (USD5 million) - were driven by normal quarterly variations, coupled with costs related to its acquisition last year of Westinghouse.

Corporate 02 May 2024

Fuel cycle players explore opportunities and challenges at WNFC 2024

Fuel cycle players explore opportunities and challenges at WNFC 2024

Meeting pledges to triple nuclear capacity by 2050 will mean opportunities for all stages of the nuclear supply chain. These opportunities - and associated challenges - were widely discussed at the World Nuclear Fuel Cycle 2024 conference which took place in Almaty, Kazakhstan.

Uranium & Fuel 23 April 2024

First drum of uranium from restarted Australian project

First drum of uranium from restarted Australian project

Boss Energy Limited's Honeymoon in-situ leach project in South Australia has produced its first drum of uranium in more than a decade, a major milestone in a commissioning process that will see production ramp up to 2.45 million pounds U3O8 (942 tU) per year. The company also expects first production soon at its Alta Mesa joint venture project in Texas, USA.

Uranium & Fuel 23 April 2024

Anfield applies to restart Shootaring Canyon mill

Anfield applies to restart Shootaring Canyon mill

Anfield Energy Inc has submitted its production reactivation plan for the Shootaring Canyon uranium mill to the State of Utah's Department of Environmental Quality. The Vancouver-based company said it is targeting the mill restart for 2026 - it has been on standby since 1982.

Uranium & Fuel 10 April 2024

Rio Tinto to manage Ranger rehabilitation

Rio Tinto to manage Ranger rehabilitation

Energy Resources of Australia has appointed majority owner Rio Tinto to manage the rehabilitation of the former Ranger uranium mine in Australia's Northern Territory. Mining and processing operations at Ranger ceased in January 2021.

Uranium & Fuel 03 April 2024