Mining rss

Areva outlines restructuring plan

Corporate

15 June 2016

France's Areva today presented plans for the sale of a majority stake of its reactor business to EDF and a restructuring through the creation of a new company focused on the nuclear fuel cycle. The process is expected to be completed next year.

First Lance uranium delivered for conversion

Uranium and Fuel

03 June 2016

Lance_drummed_product_(Peninsula)-48Regular deliveries of drummed uranium from Peninsula Energy's Lance projects have commenced as the company continues to ramp up production at the Wyoming in-situ leach operation.

Cameco and KazAtomProm to restructure Inkai

Uranium and Fuel

27 May 2016

Cameco and KazAtomProm have agreed to restructure the Inkai jont venture, extending their cooperation in the Kazakh in-situ leach (ISL) uranium project until 2045. The agreement will see Kazatomprom increase its share of the joint venture to 60% with Cameco becoming a minority owner.

Ur-Energy streamlines US operations

Uranium and Fuel

09 June 2016

US uranium producer Ur-Energy has announced cost-saving measures with workforce reductions across all of its locations including the Lost Creek site in Wyoming, citing uranium spot market conditions. The company currently has no plans for further exploration at its Wyoming sites.

Regulatory approval for McClean Lake mill expansion

Uranium and Fuel

01 June 2016

McClean Lake - 48The McClean Lake uranium mill in northern Saskatchewan has obtained authorization from the Canadian nuclear regulator almost to double its annual production.

Closer cooperation for CGN and Cameco

Uranium and Fuel

13 May 2016

Cameco-CGN - May 2016 - 48China General Nuclear announced it has signed an agreement with Canadian uranium mining company Cameco to further expand and deepen their cooperation in the joint development of uranium resources.