Related Topic: Uranium Resources

Kazatomprom prolongs uranium production cuts

Kazatomprom prolongs uranium production cuts

Kazakhstan's JSC National Atomic Company Kazatomprom will continue to "flex down" production by 20% through 2021, rather than to the end of 2020 as originally planned, the company has announced. Full production will not resume until market conditions signal a need for more uranium, it said.
 

Uranium & Fuel 20 August 2019


Feasibility study completed for Mauritania uranium mine

Feasibility study completed for Mauritania uranium mine

A newly completed definitive feasibility study for the Tiris uranium project in Mauritania has confirmed low capital operating costs for the development, Australian company Aura Energy Limited has announced.

Uranium & Fuel 29 July 2019


Uranium market not yet ready for Cameco restarts, says CEO

Uranium market not yet ready for Cameco restarts, says CEO

Although uranium market challenges are easing, Cameco CEO Tim Gitzel says there is still far to go before the Canadian uranium company restarts operations at McArthur River/Key Lake. Gitzel made the comment during the presentation of its second quarter results yesterday.

Corporate 26 July 2019


US President rejects request for uranium import quota

US President rejects request for uranium import quota

Uranium imports do not threaten the national security of the USA, President Donald Trump has decided in his response to the Uranium Miners’ Section 232 Petition. He did however call for a "fuller analysis" of national security considerations with respect to the entire nuclear fuel supply chain.

Uranium & Fuel 16 July 2019


Rössing sale gets final approval

Rössing sale gets final approval

The Namibian Competition Commission has conditionally approved China National Uranium Corporation’s acquisition of Rössing Uranium Limited. It is the only approval needed for the transaction to be completed. Rössing, the world's longest-running open pit uranium mine, has been in operation since 1976 and has a nameplate capacity of 4500 tonnes U3O8 per year.

Corporate 01 July 2019


Malawi uranium mine sale agreed

Malawi uranium mine sale agreed

Paladin Energy has agreed to sell its 85% interest in the Kayelekera uranium mine in Malawi to Hylea Metals Ltd for AUD5 million  (USD3.5 million) in cash and shares. Paladin says the sale will enable it to focus on optimising and restarting its Langer Heinrich Mine in Namibia.

Uranium & Fuel 24 June 2019


Supreme Court upholds Virginia uranium mining ban

Supreme Court upholds Virginia uranium mining ban

The US Supreme Court has upheld Virginia's 37-year moratorium on uranium mining, ruling that the state-level prohibition is not pre-empted by the US Atomic Energy Act.
 

Uranium & Fuel 18 June 2019


Kazatomprom chief warns against US uranium tariffs

Kazatomprom chief warns against US uranium tariffs

Kazatomprom CEO Galymzhan Pirmatov says he is "concerned" that more US reactors would be forced to close if the Trump administration were to introduce tariffs and force utilities to buy at least one-quarter of their uranium from domestic miners, the Financial Times reported yesterday.

Uranium & Fuel 18 June 2019


Decision approaches on Terrafame uranium extraction permit

Decision approaches on Terrafame uranium extraction permit

There are "no radiation safety-related obstacles" for granting multi-metal company Terrafame a permit to recover uranium as a by-product from its Sotkamo mine, the Finnish Radiation and Nuclear Safety Authority has told the government. The government will now make the final decision on whether to issue the permit.

Uranium & Fuel 11 June 2019


US DOC sets out strategy for crucial commodities

US DOC sets out strategy for crucial commodities

The US Department of Commerce has set out 24 goals to safeguard US access to mineral commodities designated as critical to the nation's economic security. Uranium is one of the minerals on the critical list.

Uranium & Fuel 06 June 2019