Related Topic: Uranium Resources

Study assesses economics of restarting Kayelekera mine

Study assesses economics of restarting Kayelekera mine

Resuming operation of the Kayelekera uranium mine in Malawi will cost an estimated USD50 million, a restart scoping study has concluded. Australian-based exploration company Lotus Resources Ltd bought the mine - currently in care and maintenance - from Paladin Energy earlier this year. Lotus says it now plans to advance to a restart feasibility study.

Uranium & Fuel 22 October 2020


ARMZ starts building ISL pilot site at Dobrovolnoye deposit

ARMZ starts building ISL pilot site at Dobrovolnoye deposit

Rusburmash has completed geophysical surveys at the Dobrovolnoye uranium deposit in the Zverinogolovsky district of the Kurgan region of Russia and JSC Dalur has now started the construction of a pilot site for in-situ leaching of uranium there.

Uranium & Fuel 15 October 2020


Uranium market is coping with impact of the pandemic

Uranium market is coping with impact of the pandemic

Most respondents to UxC's annual summer survey agreed that the uranium market has so far managed the effects of the COVID-19 pandemic effectively, and is proving robust, despite some initial issues with mine production. There is general consensus that the crisis will not harm the future of nuclear power, UxC said.

Uranium & Fuel 08 October 2020


Refreshed DFS improves Mulga Rock economics

Refreshed DFS improves Mulga Rock economics

A newly completed update to Vimy Resources' definitive feasibility study for the Mulga Rock Project in Western Australia has demonstrated stronger financial returns than previously forecast for the uranium project, the company says. The DFS Refresh indicates an 8% decrease in cash operating costs over the first five years to USD23.33 per pound, and a 7% decrease over life-of-mine.

Uranium & Fuel 26 August 2020


Kazatomprom extends uranium production cuts into 2022

Kazatomprom extends uranium production cuts into 2022

Kazakhstan's JSC National Atomic Company Kazatomprom says it will continue to "flex down" production by 20% through 2022. The company is also maintaining its 20% reduction in 2021, with no additional production planned to replace volumes lost in 2020 due to the measures taken to combat COVID-19.

Uranium & Fuel 19 August 2020


Bannerman study scopes out alternative Etango development

Bannerman study scopes out alternative Etango development

Developing the Etango uranium project in Namibia as an 8 million tonnes per year (Mtpa) throughput operation as opposed to the 20 Mtpa operation envisaged in previous studies will cut upfront capital costs while maintaining project economics, according to a newly completed scoping study by Bannerman Resources.

Uranium & Fuel 10 August 2020


Judge upholds Virginia's uranium mining ban

Judge upholds Virginia's uranium mining ban

Virginia's 38-year-old moratorium on uranium mining will continue following a district court ruling in a case challenging its constitutionality. Virginia Uranium Inc first brought the state suit in 2015 in its effort to mine what it claims is the largest known uranium deposit in the USA.

Uranium & Fuel 04 August 2020


Denison resumes ISL work at Phoenix

Denison resumes ISL work at Phoenix

Denison Mines has resumed in situ leach field testing activities at the high-grade Phoenix deposit at Wheeler River in northern Saskatchewan, Canada. All operating procedures have been adapted to incorporate physical distancing and enhanced hygiene protocols to comply with COVID-19 health and safety guidelines.

Uranium & Fuel 28 July 2020


House appropriators request more details on US uranium reserve

House appropriators request more details on US uranium reserve

The US House Committee on Appropriations has denied a funding request from the US Department of Energy for fiscal 2021 for establishing a uranium stockpile. The committee requested further information from the department on the justification for the reserve and how it will be implemented.

Nuclear Policies 16 July 2020


World Nuclear Association launches fuel report summary

World Nuclear Association launches fuel report summary

World Nuclear Association has published a first-of-a-kind Expanded Summary of the latest edition of its biennial nuclear fuel report. The Association is making the summary, which describes the major conclusions of the 2019 edition of the report, freely available.

Uranium & Fuel 25 June 2020