Uranium resources rss

Consolidated figures for New Mexico uranium project

Uranium and Fuel

12 October 2017

Laramide Resources Ltd has announced a maiden independent mineral resource estimate for its 100% owned Church Rock project in New Mexico. The estimate of over 50 million pounds U3O8 in inferred resources supersedes historical estimates for the purposes of NI 43-101 reporting for the property, which Laramide acquired earlier this year.

Salamanca uranium project fully financed

Uranium and Fuel

31 August 2017

Salamanca_road_construction_(Berkeley)-48The Sultanate of Oman is to become a long-term strategic investor in Berkeley Energia through an investment agreement worth up to $120 million. The investment means that the Salamanca uranium project in western Spain is now fully funded and can proceed to production.

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.

Nuclear fuel report sees growth and gaps

Uranium and Fuel

14 September 2017

World nuclear generating capacity is set to continue to grow according to the World Nuclear Association's newly published biennial report on the nuclear fuel market. Projections of installed capacity - and the uranium required to fuel it - have been revised downwards since the 2015 edition but still represent a higher growth rate than any seen since 1990.

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.