Uranium resources rss

IAEA head visits planned Greenland mine

Uranium and Fuel

15 May 2017

Amano in Greenland - 48Authorities in Greenland have carried out robust safety and security preparatory work for a possible rare earth and uranium mine, International Atomic Energy Agency (IAEA) director general Yukiya Amano noted during a visit to the country.

Uranium producers prepare for market recovery

Uranium and Fuel

02 May 2017

Some of the world's leading uranium miners last week described major changes they have made in response to the protracted downturn in uranium prices. At the same time, they are positioning themselves for an expected pickup in demand.

US uranium producers want halt on federal transfers

Uranium and Fuel

17 April 2017

An organisation representing the USA's uranium producers has called on the US Department of Energy to halt transfers of federal excess uranium inventory until the uranium market recovers. The Uranium Producers of America said the domestic industry is currently in a fragile state after the transfer of large quantities of price-insensitive material over a long period.

Uranium Energy acquires licensed Reno Creek project

Uranium and Fuel

10 May 2017

Uranium Energy Corp (UEC) has entered a definitive share purchase agreement with Pacific Road Resources Funds to acquire all issued and outstanding shares of Reno Creek Holdings. The agreement allows UEC to buy 100% of Pacific Road's fully permitted Reno Creek in-situ leach project in the Powder River Basin, Wyoming. Pacific Road, a mining private equity firm, will own about 9% of UEC's common shares at closing of the transaction.

KazAtomProm outlines move to trading

Uranium and Fuel

28 April 2017

KazAtomProm's newly created trading subsidiary TH Kazakatom will bring much needed liquidity to the uranium spot market, its chief commercial director Riaz Rizvi has told the World Nuclear Fuel Cycle conference in Toronto, Canada. Rizvi said that, as part of KazAtomProm's ongoing Transformation Program, it had established a trading office in Switzerland to buy and sell uranium on the spot market.

Jordan and Saudi Arabia team up on uranium, SMRs

Nuclear Policies

29 March 2017

Jordan-Saudi Arabia - March 2017 - 48Jordan and Saudi Arabia have signed agreements on cooperation in uranium exploration and carrying out a feasibility study into the construction of two small modular reactors (SMRs) in Jordan.