Related Topic: Mining

CNL completes removal of Canadian legacy waste

CNL completes removal of Canadian legacy waste

Canadian Nuclear Laboratories has completed the excavation and transfer of historic low-level radioactive waste away from the Lake Ontario shoreline to a new long-term waste management facility. The waste removal marks a milestone for the Port Hope Area Initiative, which CNL is implementing through its Historic Waste Program Management Office on behalf of Atomic Energy of Canada Limited.

Waste & Recycling 10 November 2020


Cameco sees opportunities following COVID curtailments

Cameco sees opportunities following COVID curtailments

The COVID-19 pandemic has disrupted global uranium production, adding to supply curtailments that have occurred in the industry for many years, Cameco said in its quarterly update yesterday. The risk to uranium supply is greater than the risk to demand that over time is expected to create a renewed focus on security of supply, the company said.

Corporate 05 November 2020


Study assesses economics of restarting Kayelekera mine

Study assesses economics of restarting Kayelekera mine

Resuming operation of the Kayelekera uranium mine in Malawi will cost an estimated USD50 million, a restart scoping study has concluded. Australian-based exploration company Lotus Resources Ltd bought the mine - currently in care and maintenance - from Paladin Energy earlier this year. Lotus says it now plans to advance to a restart feasibility study.

Uranium & Fuel 22 October 2020


Berkeley opposes move to ban uranium mining in Spain

Berkeley opposes move to ban uranium mining in Spain

A proposed amendment to Spain's draft climate change and energy transition bill that would prohibit the exploration and extraction of uranium is unconstitutional, says Berkeley Energia. The Australian-based company is at an advanced stage in licensing its Salamanca uranium mine.

Uranium & Fuel 16 October 2020


ARMZ starts building ISL pilot site at Dobrovolnoye deposit

ARMZ starts building ISL pilot site at Dobrovolnoye deposit

Rusburmash has completed geophysical surveys at the Dobrovolnoye uranium deposit in the Zverinogolovsky district of the Kurgan region of Russia and JSC Dalur has now started the construction of a pilot site for in-situ leaching of uranium there.

Uranium & Fuel 15 October 2020


Uranium market is coping with impact of the pandemic

Uranium market is coping with impact of the pandemic

Most respondents to UxC's annual summer survey agreed that the uranium market has so far managed the effects of the COVID-19 pandemic effectively, and is proving robust, despite some initial issues with mine production. There is general consensus that the crisis will not harm the future of nuclear power, UxC said.

Uranium & Fuel 08 October 2020


Trump declares mineral supply chain 'national emergency'

Trump declares mineral supply chain 'national emergency'

US President Donald Trump has declared a "national emergency" to deal with the threat to the USA's security, foreign policy and economy from its "undue reliance" on supplies of critical minerals from "foreign adversaries". The country must also expand and strengthen domestic mining and processing capacity for all minerals to guard against the possibility of supply chain disruptions, he said.

Uranium & Fuel 01 October 2020


Pirmatov highlights shifting market sentiment

Pirmatov highlights shifting market sentiment

Kazatomprom CEO Galymzhan Pirmatov highlighted changing sentiment in the uranium market when announcing the Kazakh uranium producer's half-yearly financial results yesterday. The impact of reductions in Kazatomprom's operations due to COVID-19 measures will not be seen until the second-half of this year, he said, and the company expects its inventory levels to fall below its target of six to seven months of annual attributable production in 2020 and 2021.

Uranium & Fuel 28 August 2020


Refreshed DFS improves Mulga Rock economics

Refreshed DFS improves Mulga Rock economics

A newly completed update to Vimy Resources' definitive feasibility study for the Mulga Rock Project in Western Australia has demonstrated stronger financial returns than previously forecast for the uranium project, the company says. The DFS Refresh indicates an 8% decrease in cash operating costs over the first five years to USD23.33 per pound, and a 7% decrease over life-of-mine.

Uranium & Fuel 26 August 2020


Kazatomprom extends uranium production cuts into 2022

Kazatomprom extends uranium production cuts into 2022

Kazakhstan's JSC National Atomic Company Kazatomprom says it will continue to "flex down" production by 20% through 2022. The company is also maintaining its 20% reduction in 2021, with no additional production planned to replace volumes lost in 2020 due to the measures taken to combat COVID-19.

Uranium & Fuel 19 August 2020