Mining rss

Fourth phase complete at Etango

Uranium and Fuel

27 July 2016

Etango_demonstration_plant_(Bannerman)-48Bannerman Resources has completed work to de-risk the heap leaching process it intends to use at its Etango uranium project in Namibia. The fifth and final stage of testing is now underway at the Etango heap leach demonstration plant.

Paladin announces Namibian and Australian sales

Corporate

26 July 2016

Langer Heinrich mine - 48Paladin Energy has announced plans to sell 24% of the Langer Heinrich uranium mine in Namibia and up to 75% stake of its Manyingee project in Western Australia. The transactions stand to raise over $200 million.

Areva outlines restructuring plan

Corporate

15 June 2016

France's Areva today presented plans for the sale of a majority stake of its reactor business to EDF and a restructuring through the creation of a new company focused on the nuclear fuel cycle. The process is expected to be completed next year.

Canadian government upholds Kiggavik recommendation

Uranium and Fuel

27 July 2016

The Canadian government has agreed with a 2015 recommendation by the Nunavut Impact Review Board that the Kiggavik uranium project should not proceed at this time, but said proponent Areva Resources Canada may resubmit the project for consideration in the future.

Wiluna traditional owners sign agreement

Uranium and Fuel

07 July 2016

V_Guthrie_K_Patch_and_others_(Toro)-48Toro Energy has signed a mining agreement with the Wiluna People, the traditional owners of land including uranium deposits the company proposes to mine as part of the Wiluna project in Western Australia.

Ur-Energy streamlines US operations

Uranium and Fuel

09 June 2016

US uranium producer Ur-Energy has announced cost-saving measures with workforce reductions across all of its locations including the Lost Creek site in Wyoming, citing uranium spot market conditions. The company currently has no plans for further exploration at its Wyoming sites.