Mining rss

IAEA head visits planned Greenland mine

Uranium and Fuel

15 May 2017

Amano in Greenland - 48Authorities in Greenland have carried out robust safety and security preparatory work for a possible rare earth and uranium mine, International Atomic Energy Agency (IAEA) director general Yukiya Amano noted during a visit to the country.

Uranium producers prepare for market recovery

Uranium and Fuel

02 May 2017

Some of the world's leading uranium miners last week described major changes they have made in response to the protracted downturn in uranium prices. At the same time, they are positioning themselves for an expected pickup in demand.

NRC confirms cleanup actions at New Mexico site

Uranium and Fuel

13 April 2017

The US Nuclear Regulatory Commission has issued a Confirmatory Order to Homestake Mining Co of California outlining actions to be taken as part of an ongoing groundwater cleanup program at the site of a former uranium mill in New Mexico.

Uranium Energy acquires licensed Reno Creek project

Uranium and Fuel

10 May 2017

Uranium Energy Corp (UEC) has entered a definitive share purchase agreement with Pacific Road Resources Funds to acquire all issued and outstanding shares of Reno Creek Holdings. The agreement allows UEC to buy 100% of Pacific Road's fully permitted Reno Creek in-situ leach project in the Powder River Basin, Wyoming. Pacific Road, a mining private equity firm, will own about 9% of UEC's common shares at closing of the transaction.

KazAtomProm outlines move to trading

Uranium and Fuel

28 April 2017

KazAtomProm's newly created trading subsidiary TH Kazakatom will bring much needed liquidity to the uranium spot market, its chief commercial director Riaz Rizvi has told the World Nuclear Fuel Cycle conference in Toronto, Canada. Rizvi said that, as part of KazAtomProm's ongoing Transformation Program, it had established a trading office in Switzerland to buy and sell uranium on the spot market.

Areva and KazAtomProm extend uranium cooperation

Uranium and Fuel

10 April 2017

KazAtomProm-Areva_agreement_(KazAtomProm)-48Areva and KazAtomProm have today signed a new strategic agreement to strengthen their cooperation in Kazakhstan's uranium mining sector. The agreement opens new opportunities to develop and enhance their long-standing Katco joint venture.