Uranium resources rss

Uranium One applies to suspend Mkuju River project

Uranium and Fuel

10 July 2017

CORRECTED: Uranium One subsidiary Mantra Tanzania has applied to suspend the Mkuju River project in Tanzania due to depressed uranium prices, the company has confirmed.

Four uranium projects excluded from Western Australia ban

Uranium and Fuel

21 June 2017

Mulga Rock project - 48The Western Australian government has imposed a ban on future uranium mining leases, but says it will not stand in the way of four uranium projects approved by the state's previous government.

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.

Paladin Energy enters administration

Uranium and Fuel

03 July 2017

Langer_Heinrich_view_(Paladin)-48Paladin Energy Ltd has today appointed administrators after it was unable to agree a delay to the repayment of $277 million it owes Electricité de France. The administrators will continue to operate the company on a business-as-usual basis until further notice.

JSC Dalur gets licence for Dobrovolnoye deposit

Uranium and Fuel

07 June 2017

JSC Dalur has received a permit to develop the Dobrovolnoye uranium deposit in the Kurgan region of Russia. JSC Dalur is a subsidiary of ARMZ, the uranium mining division of state nuclear corporation Rosatom. The permit was issued according to government decree dated 3 June, ARMZ said on 5 June.

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.