Mining rss

Areva and CNNC eye fuel cycle partnership

Corporate

22 February 2017

Areva-CNNC - February 2017 - 48France's Areva and China National Nuclear Corporation have signed a framework agreement for industrial and commercial cooperation in the nuclear fuel cycle.

Bannerman starts work on Etango feasibility update

Uranium and Fuel

02 February 2017

Etango_demo_plant_view-(Bannerman)_48Bannerman Resources Limited has completed its Etango heap leach demonstration plant project and begun work to incorporate its findings into the Namibian uranium project's definitive feasibility study.

Oversupply prompts Kazakh uranium production cut

Uranium and Fuel

10 January 2017

Kazatomprom_uranium_(Kazatomprom)_48Kazakhstan plans to produce 10% less uranium in 2017 than previously planned in response to ongoing oversupply in the uranium market, Kazatomprom chairman Askar Zhumagaliyev announced today.

Restructuring allows Paladin to grow, says CEO

Uranium and Fuel

21 February 2017

Langer_Heinrich_night_(Paladin)-48A restructuring of Paladin Energy's balance sheet, announced in January, will position the Australia-based uranium company to increase production rather than service its debt in response to a 'normalising' uranium market, its CEO said yesterday.

Agreements signed for EBRD uranium legacy fund

Uranium and Fuel

24 January 2017

Uranium_legacy_site_(EBRD)-48The European Bank for Reconstruction and Development has signed framework agreements with the Kyrgyz Republic and Tajikistan, a precondition for the implementation of projects under an EBRD fund to deal with the remediation of former uranium mines and processing plants.

Work starts on Brazil's Engenho uranium mine

Uranium and Fuel

03 January 2017

Industrias Nucleares do Brasil has started work on its Engenho mine in Brazil's Bahia state. The company said the move was a "decisive step" towards resumption of domestic uranium production.