Uranium resources rss

Paladin announces arbitration proceedings

Uranium and Fuel

23 March 2017

Paladin Energy Limited plans to start arbitration proceedings against CNNC Overseas Uranium Holdings Ltd (CNNC Overseas) amid indications it will seek to acquire Paladin's interest in the Langer Heinrich uranium mine in Namibia. CNNC Overseas bought a 25% joint venture equity stake in Langer Heinrich for $190 million in January 2014.

Cameco considers future of US operations

Corporate

09 March 2017

Crow_Butte_(Cameco)-48Cameco has confirmed it is evaluating the possibility of divesting its US uranium facilities, although no decision has yet been made to sell any assets. The company's combined operations at Smith Ranch-Highland in Wyoming is the largest uranium production facility in the USA.

Bannerman starts work on Etango feasibility update

Uranium and Fuel

02 February 2017

Etango_demo_plant_view-(Bannerman)_48Bannerman Resources Limited has completed its Etango heap leach demonstration plant project and begun work to incorporate its findings into the Namibian uranium project's definitive feasibility study.

US agencies look at excess uranium inventory

Uranium and Fuel

10 March 2017

The US Department of Energy has asked for public comment on the effects of potential transfers of its excess uranium inventory on the country's uranium mining, conversion and enrichment industries. The DOE's request was issued the day after the US Government Accountability Office raised issues related to excess uranium transfers over the past decade including questions on the DOE's assessment of market impact studies; the valuation of depleted uranium tails; and the legality of some transfers.

Final approval for Mulga Rock uranium project

Uranium and Fuel

06 March 2017

Mulga Rock project - 48Australia's minister for the environment and energy has approved Vimy Resources' development of the Mulga Rock uranium project. It is the final approval required for work to start on the project in Western Australia.

Cameco responds to 'discrepancy' in analyst expectations

Corporate

18 January 2017

Cameco yesterday announced its earnings expectations and operational changes planned for 2017. "While it is not our usual practice to disclose earnings expectations, we are announcing our earnings expectations for 2016 in advance of our participation in upcoming investor conferences due to the significant discrepancy between analyst earnings estimates and our current expectations," the Saskatchewan, Canada-based uranium producer said.