Uranium and Fuel rss

US conversion plant suspends UF6 production

21 November 2017

Honeywell is temporarily to suspend uranium hexafluoride production at its Metropolis, Illinois plant pending an improvement in business conditions, the company announced yesterday. The USA's only uranium conversion plant has been in a scheduled outage since October.

Etango study identifies capital savings

10 November 2017

Etango_demonstration_plant_(Bannerman)_48A recently completed process optimisation study has shown how Bannerman Resources can save an estimated $73 million in capital costs at its Etango uranium project. The study forms the first part of Bannerman's update of the definitive feasibility study for its 95%-owned Namibian project.

Sale consolidates Reno Creek uranium assets

03 November 2017

Energy Fuels is to sell its North Reno Creek uranium project in Wyoming to Uranium Energy Corporation for $5.39 million. The property is adjacent to the fully permitted Reno Creek project acquired by UEC earlier this year and the sale consolidates UEC's position in the region.

US Q3 uranium production falls by 17%

20 November 2017

US_Q3_uranium_2017_(EIA)-48US uranium production for 2017 to date is down 17% from the same period in 2016, according to the US Energy Information Administration's latest quarterly Domestic Uranium Production Report. Meanwhile, the US Geological Survey has found uranium-bearing calcrete formations in the USA for the first time.

Cameco to suspend McArthur River and Key Lake

09 November 2017

Cameco Corp will temporarily suspend production from the McArthur River mining and Key Lake milling operations in northern Saskatchewan by the end of January "due to continued uranium price weakness", the Canadian uranium producer announced yesterday. The duration of the suspension and temporary layoff of about 845 workers is expected to last 10 months, it said.

'Game-changing' results herald new process for Lance

30 October 2017

Peninsula Energy has started the process to amend the licence and permits for its Lance in-situ leach uranium project in Wyoming, after laboratory tests showed that using an acidic rather than alkaline mining solution could potentially transform the project's operating performance and costs.

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