Related Topic: Mining

Orano and GoscomGeology plan JV in Uzbek uranium mining

Orano and GoscomGeology plan JV in Uzbek uranium mining

French Orano has signed a partnership agreement with Uzbekistan's State Committee for Geology and Mineral Resources to develop uranium mining activities in the Central Asian country. They plan to create a joint venture in the coming months, with 51% held by Orano and 49% held by GoscomGeo.

Uranium & Fuel 05 September 2019


Kazatomprom prolongs uranium production cuts

Kazatomprom prolongs uranium production cuts

Kazakhstan's JSC National Atomic Company Kazatomprom will continue to "flex down" production by 20% through 2021, rather than to the end of 2020 as originally planned, the company has announced. Full production will not resume until market conditions signal a need for more uranium, it said.
 

Uranium & Fuel 20 August 2019


Wyoming approves first use of low pH ISL uranium production

Wyoming approves first use of low pH ISL uranium production

Peninsula Energy Ltd has completed the regulatory process for the use of low pH in-situ uranium recovery at the Lance uranium projects in Wyoming, becoming the only operator authorised to use the technique in the USA.

Uranium & Fuel 05 August 2019


Feasibility study completed for Mauritania uranium mine

Feasibility study completed for Mauritania uranium mine

A newly completed definitive feasibility study for the Tiris uranium project in Mauritania has confirmed low capital operating costs for the development, Australian company Aura Energy Limited has announced.

Uranium & Fuel 29 July 2019


Uranium market not yet ready for Cameco restarts, says CEO

Uranium market not yet ready for Cameco restarts, says CEO

Although uranium market challenges are easing, Cameco CEO Tim Gitzel says there is still far to go before the Canadian uranium company restarts operations at McArthur River/Key Lake. Gitzel made the comment during the presentation of its second quarter results yesterday.

Corporate 26 July 2019


Rio Tinto completes Rössing sale to China

Rio Tinto completes Rössing sale to China

Rio Tinto has completed the sale of Rössing, the world's longest-running open pit uranium mine, to China National Uranium Corporation Limited for an initial cash payment of USD6.5 million plus a contingent payment of up to USD100 million.

Corporate 18 July 2019


US President rejects request for uranium import quota

US President rejects request for uranium import quota

Uranium imports do not threaten the national security of the USA, President Donald Trump has decided in his response to the Uranium Miners’ Section 232 Petition. He did however call for a "fuller analysis" of national security considerations with respect to the entire nuclear fuel supply chain.

Uranium & Fuel 16 July 2019


Rössing sale gets final approval

Rössing sale gets final approval

The Namibian Competition Commission has conditionally approved China National Uranium Corporation’s acquisition of Rössing Uranium Limited. It is the only approval needed for the transaction to be completed. Rössing, the world's longest-running open pit uranium mine, has been in operation since 1976 and has a nameplate capacity of 4500 tonnes U3O8 per year.

Corporate 01 July 2019


Malawi uranium mine sale agreed

Malawi uranium mine sale agreed

Paladin Energy has agreed to sell its 85% interest in the Kayelekera uranium mine in Malawi to Hylea Metals Ltd for AUD5 million  (USD3.5 million) in cash and shares. Paladin says the sale will enable it to focus on optimising and restarting its Langer Heinrich Mine in Namibia.

Uranium & Fuel 24 June 2019


Supreme Court upholds Virginia uranium mining ban

Supreme Court upholds Virginia uranium mining ban

The US Supreme Court has upheld Virginia's 37-year moratorium on uranium mining, ruling that the state-level prohibition is not pre-empted by the US Atomic Energy Act.
 

Uranium & Fuel 18 June 2019