The change in costs for the company's 100%-owned project in Saskatchewan reflects both inflationary changes over recent years and the advancement of engineering and procurement, optimised constructability, and enhanced environmental performance.

At the mid-year point, Canadian uranium producer Cameco said its expectation for uranium deliveries for the year remains unchanged, but Kazakh producer NAC Kazatomprom is increasing its 2024 full year production guidance to reflect the half-year results.

Orano's income has been affected by the situation in Niger, with logistical issues continuing to cause blockages to uranium sales. But the group has confirmed its financial outlook for 2024, targeting stable revenue and a positive net cash flow, and says it still wants to talk to the government about continuing the Imouraren project.

Energy Resources of Australia Limited says it is disappointed with the Northern Territory Government's decision not to renew the mineral lease for the Jabiluka high-grade uranium deposit. Any decision about the future use of the site now rests with the Federal Government, in consultation with key stakeholders.

The project in Ordos in the Inner Mongolia Autonomous Region is being developed by China National Nuclear Corporation, with work beginning on Friday, according to the China Atomic Energy Authority.

Boss Energy is set to make its first delivery of uranium since restarting the project in South Australia after a decade under care-and-maintenance.

2023 production from the Rössing uranium mine in Namibia was 10% higher than in 2022 and in line with operational plans, and Rössing Uranium Ltd says it is focused on extending the life of the mine beyond 2036.

Australia-headquartered Paladin Energy Limited is to acquire Canadian uranium project developer Fission Uranium Corp in a transaction the companies say will create a "globally significant uranium company" listed on Australian and Canadian stock exchanges and will help advance Fission's Patterson Lake South project towards production.

Finnish mining company Terrafame has begun recovering natural uranium as a by-product of zinc and nickel production at its Sotkamo mine in Talvivaara in the north-east of the country.

Orano has restarted preparatory work for the Imouraren uranium mine in Niger where the company has previously said it intends to carry out an in-situ leach pilot programme - but press reports suggest the Nigerien mining ministry might be about to revoke the operating permit for the project.

The start-up of production at Alta Mesa - a joint venture of enCore Energy and Boss Energy - sees enCore become the only US uranium producer with multiple production facilities currently in operation and is the second start-up in eight weeks for Boss Energy. The first shipment of yellowcake is expected in 60-90 days' time.

The national atomic company has signed a new subsoil use agreement with Kazakhstan's Minister of Energy and received approval for up to four years of pilot production of a total of 701 tU from the Inkai 3 deposit.