Consolidated Uranium Inc has agreed to buy Virginia Energy Resources, which owns Coles Hill - the largest undeveloped uranium project in the USA - in a transaction worth around USD32.2 million. The company is hopeful Virginia's 40-year moratorium on uranium mining may be overcome.
Uranium & Fuel 18 November 2022
Energy Fuels Inc's sale of the Alta Mesa in-situ leach project in Texas to enCore Energy will enable both companies to move forward with their uranium production plans. Energy Fuels plans to use funds from the sale to advance its uranium and other projects, while enCore wants to resume Alta Mesa operations as soon as the transaction is complete.
Uranium & Fuel 16 November 2022
The first uranium ore from the McArthur River mine has now been milled and packaged at the Key Lake mill, marking the achievement of initial production as the facilities transition back into normal operations.
Waste & Recycling 10 November 2022