Uranium resources rss

China, Pakistan agree to uranium cooperation

Uranium and Fuel

31 July 2017

China and Pakistan have agreed to cooperate in uranium exploration and mining. China National Nuclear Corporation (CNNC) said it had signed a framework agreement with the Pakistan Atomic Energy Commission yesterday for technical cooperation in the exploration and development of uranium resources. China signed a similar agreement with Saudi Arabia earlier this year.

Uranium One applies to suspend Mkuju River project

Uranium and Fuel

10 July 2017

CORRECTED: Uranium One subsidiary Mantra Tanzania has applied to suspend the Mkuju River project in Tanzania due to depressed uranium prices, the company has confirmed.

Four uranium projects excluded from Western Australia ban

Uranium and Fuel

21 June 2017

Mulga Rock project - 48The Western Australian government has imposed a ban on future uranium mining leases, but says it will not stand in the way of four uranium projects approved by the state's previous government.

Langer Heinrich company value seen at $583 million

Corporate

25 July 2017

Independent experts have determined the fair market enterprise value of the Langer Heinrich uranium mine's holding company to be $583 million, Paladin Energy has announced. Separately, Paladin said the administrators it appointed earlier this month have agreed a new financing facility that will fund working capital for the Namibian mine.

Paladin Energy enters administration

Uranium and Fuel

03 July 2017

Langer_Heinrich_view_(Paladin)-48Paladin Energy Ltd has today appointed administrators after it was unable to agree a delay to the repayment of $277 million it owes Electricité de France. The administrators will continue to operate the company on a business-as-usual basis until further notice.

JSC Dalur gets licence for Dobrovolnoye deposit

Uranium and Fuel

07 June 2017

JSC Dalur has received a permit to develop the Dobrovolnoye uranium deposit in the Kurgan region of Russia. JSC Dalur is a subsidiary of ARMZ, the uranium mining division of state nuclear corporation Rosatom. The permit was issued according to government decree dated 3 June, ARMZ said on 5 June.