Related Topic: Mining

Cameco maintains positive long-term uranium outlook

Cameco maintains positive long-term uranium outlook

Cameco produced only 5 million pounds U3O8 (1923 tU) in 2020 as a result of the COVID-19 pandemic but remains positive about the long-term fundamentals in the uranium market, President and CEO Tim Gitzel said today when announcing its fourth-quarter and year-end results.

Uranium & Fuel 10 February 2021


Denison ramps up activities at Wheeler River

Denison ramps up activities at Wheeler River

Denison Mines is to carry out further field testing activities to de-risk the use of in-situ leach methods at the high-grade Phoenix uranium deposit at the Wheeler River Uranium Project in Saskatchewan, Canada. Wheeler River is a joint venture between Denison (90% and operator) and JCU (Canada) Exploration Company Limited (10%), with combined indicated mineral resources of 132.1 million pounds U3O8 (50,812 tU) and inferred resources of 3.0 million pounds U3O8. The project is estimated to have mine production of 109.4 million pounds U3O8 over a 14-year mine life.

Uranium & Fuel 09 February 2021


Vimy reviews by-product potential at Mulga Rock

Vimy reviews by-product potential at Mulga Rock

Incorporating a circuit to produce by-product base metals has the potential to improve the "already strong" uranium economics of the Mulga Rock project in Western Australia, Vimy Resources CEO Mike Young says. Vimy plans to complete an assessment of the potential impact of the base metals plant during the first half of this year.

Uranium & Fuel 04 February 2021


Kazatomprom uranium output falls 15% on year

Kazatomprom uranium output falls 15% on year

Kaztomprom has issued preliminary 2020 production figures of 19,477 tU (on a 100% basis), which is 15% down on its 2019 output of 22,808 tU. Production volumes for the fourth quarter and for 2020 were significantly lower, related to the expected impact of the pandemic and the company’s decreased wellfield development activity, as well as lower staff levels in April-July 2020. Guidance for 2021 is 22,500-22,800 tU (100% basis).

Uranium & Fuel 02 February 2021


Ranger mine ends processing operations

Ranger mine ends processing operations

Processing operations at Energy Resources of Australia's Ranger mine ended today in accordance with legislative and regulatory requirements. The mine, which is in the Northern Territory, was Australia's longest continually operating uranium producer.

Uranium & Fuel 08 January 2021


Uranium companies attracted by REE and vanadium

Uranium companies attracted by REE and vanadium

US company Energy Fuels Inc will become a commercial rare earths supplier in 2021, having entered into a three-year supply agreement to acquire a minimum of 2500 tons per year of natural monazite sands from which it will also recover uranium at its White Mesa mill in Utah. Separately, Vancouver-based International Consolidated Uranium Inc said it had been attracted to its newly announced acquisition of the Laguna Salada uranium project in Argentina by the by-product vanadium.

Regulation & Safety 15 December 2020


Cigar Lake to enter second COVID-related suspension

Cigar Lake to enter second COVID-related suspension

Production at the Cigar Lake uranium mine in northern Saskatchewan, Canada, will be temporarily suspended over the coming weeks due to the increasing risks posed by the COVID-19 pandemic, Cameco announced today. The pandemic earlier prompted a five-month suspension of production from the Cigar Lake mine from March.

Uranium & Fuel 14 December 2020


Ukrainian ministry meets to discuss uranium production suspension

Ukrainian ministry meets to discuss uranium production suspension

Ukraine's Ministry of Energy yesterday held a meeting with representatives from Energoatom, state uranium mining concerns, trade unions, people's deputies and others to resolve issues related to the production and supply of uranium from the country's uranium mines. According to the national Ukrinform news agency, all uranium mining by state enterprise VostokGOK was suspended on 7 December.

Uranium & Fuel 09 December 2020


Brazil resumes uranium mining at Caetité

Brazil resumes uranium mining at Caetité

Industrias Nucleares do Brasil has started mining uranium from the new open-pit Engenho mine at Caetité, in Brazil's Bahia state. It is hoped that resumption of uranium production at the site will make the country self-sufficient in fuel for its nuclear power reactors. A ceremony was held yesterday at the mine site, during which a detonation was carried out, symbolising the beginning of open pit mining in a new area, the Engenho mine.

Uranium & Fuel 02 December 2020


CNL completes removal of Canadian legacy waste

CNL completes removal of Canadian legacy waste

Canadian Nuclear Laboratories has completed the excavation and transfer of historic low-level radioactive waste away from the Lake Ontario shoreline to a new long-term waste management facility. The waste removal marks a milestone for the Port Hope Area Initiative, which CNL is implementing through its Historic Waste Program Management Office on behalf of Atomic Energy of Canada Limited.

Waste & Recycling 10 November 2020