Mining rss

Jordan and Saudi Arabia team up on uranium, SMRs

Nuclear Policies

29 March 2017

Jordan-Saudi Arabia - March 2017 - 48Jordan and Saudi Arabia have signed agreements on cooperation in uranium exploration and carrying out a feasibility study into the construction of two small modular reactors (SMRs) in Jordan.

IAEA helps Tajikistan remediation preparations

Uranium and Fuel

27 March 2017

Degmay_tailings_Tajikistan_(Roberts-IAEA)_48An International Atomic Energy Agency expert team is preparing independent cost estimates to help Tajikistan plan the remediation of uranium legacy sites in the north of the country.

European approval for Salamanca offtake agreement

Uranium and Fuel

21 March 2017

The Euratom Supply Agency, the nuclear watchdog of the European Union, has approved Berkeley Energia's offtake agreement for the sale of the first production from its Salamanca uranium mine under development in Spain. The mine is expected to enter production in late 2018.

Russia starts developing Vershinnoye deposit

Uranium and Fuel

29 March 2017

ARMZ, the uranium mining subsidiary of Russia's Rosatom, has started developing the Vershinnoye uranium deposit in the Republic of Buryatia, in southern Siberia. ARMZ said in a statement on Rosatom's website the deposit has 4577 tonnes of uranium reserves and that the first production by in situ leaching would be next year by its subsidiary JSC Khiagda.

Paladin announces arbitration proceedings

Uranium and Fuel

23 March 2017

Paladin Energy Limited plans to start arbitration proceedings against CNNC Overseas Uranium Holdings Ltd (CNNC Overseas) amid indications it will seek to acquire Paladin's interest in the Langer Heinrich uranium mine in Namibia. CNNC Overseas bought a 25% joint venture equity stake in Langer Heinrich for $190 million in January 2014.

Cameco considers future of US operations

Corporate

09 March 2017

Crow_Butte_(Cameco)-48Cameco has confirmed it is evaluating the possibility of divesting its US uranium facilities, although no decision has yet been made to sell any assets. The company's combined operations at Smith Ranch-Highland in Wyoming is the largest uranium production facility in the USA.