Mining rss

Etango study identifies capital savings

Uranium and Fuel

10 November 2017

Etango_demonstration_plant_(Bannerman)_48A recently completed process optimisation study has shown how Bannerman Resources can save an estimated $73 million in capital costs at its Etango uranium project. The study forms the first part of Bannerman's update of the definitive feasibility study for its 95%-owned Namibian project.

Sale consolidates Reno Creek uranium assets

Uranium and Fuel

03 November 2017

Energy Fuels is to sell its North Reno Creek uranium project in Wyoming to Uranium Energy Corporation for $5.39 million. The property is adjacent to the fully permitted Reno Creek project acquired by UEC earlier this year and the sale consolidates UEC's position in the region.

Finnish mining company to apply to extract uranium

Uranium and Fuel

25 October 2017

Sotkamo metal production facility - 48Multi-metal company Terrafame has decided to apply to the Finnish government for a permit to recover uranium as a by-product from the Sotkamo mine. In 2015, the company acquired the business operations and assets of Talvivaara Sotkamo Ltd, which had planned to start uranium production at the mine in north-eastern Finland.

Cameco to suspend McArthur River and Key Lake

Uranium and Fuel

09 November 2017

Cameco Corp will temporarily suspend production from the McArthur River mining and Key Lake milling operations in northern Saskatchewan by the end of January "due to continued uranium price weakness", the Canadian uranium producer announced yesterday. The duration of the suspension and temporary layoff of about 845 workers is expected to last 10 months, it said.

'Game-changing' results herald new process for Lance

Uranium and Fuel

30 October 2017

Peninsula Energy has started the process to amend the licence and permits for its Lance in-situ leach uranium project in Wyoming, after laboratory tests showed that using an acidic rather than alkaline mining solution could potentially transform the project's operating performance and costs.

Mining operations to resume at WIPP

Waste and Recycling

18 October 2017

WIPP continuous miner - 48The mining of salt from the US Department of Energy's Waste Isolation Pilot Plant (WIPP) in New Mexico is expected to resume in the coming weeks. Mining of Panel 8 was halted in 2014 following separate fire and radiological events that suspended waste emplacement operations at the facility.