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Index / Uranium (Nuclear Minerals) / Exploration, Mining, Marketing, Acquisitions
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385 total  (51-75)   < 1 2 3 4 5 6 7 8 9 10 > >>

Index / Uranium (Nuclear Minerals) / Exploration, Mining, Marketing, Acquisitions

Reuters reports that Australian firm A-Cap Resources has applied for a licence to open what would be the first uranium mine in Botswana, with a capital expenditure of $351 million. Botswana is estimated to hold around 1.04 billion tonnes in uranium reserves, in the central part of the country, and the government has issued prospecting licenses in the last decade but no production has taken place to date.

The exploration firm said results of preliminary technical studies showed the project would produce up to 3.75 million pounds of the ore in the first five years of its projected 18-... More →
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Find Out More »  |  Open Resource  |  2015/09/15  |  101 Report Broken   Tell A Friend

Index / Uranium (Nuclear Minerals) / Exploration, Mining, Marketing, Acquisitions

Kristen Moran reports that Cameco president and CEO Tim Gitzel, and Olivier Wantz, member of the executive committee and senior executive vice-president, mining and front end business group for AREVA, welcomed dignitaries including Saskatchewan Economy Minister Bill Boyd and community leaders from northern Saskatchewan, and led a tour of the underground workings.

Mining at Cigar Lake began in March 2014. The first packaged uranium concentrate was produced in October 2014 at the McClean Lake mill which is majority owned and operated by AREVA Canada Resources Inc. During 2015, through... More →
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Find Out More »  |  Open Resource  |  2015/09/23  |  130 Report Broken   Tell A Friend

Index / Uranium (Nuclear Minerals) / Exploration, Mining, Marketing, Acquisitions

Greg Klein reports that renewed interest in the southwestern Athabasca Basin area of the Patterson Lake South camp comes from Cameco Corp. as the giant signs a purchase agreement with ALX Uranium. The merchandise consists of 27 claims totalling 7,064 hectares peripheral to ALX Hook-Carter property. That leaves ALX with a more closely consolidated PLS camp position of 16,461 hectares.

Most of the vended claims are isolated from the Hook-Carter main contiguous block. They also include a small, northeastern portion of the main block, covering ground with depths to the unconformity much... More →
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Find Out More »  |  Open Resource  |  2016/02/26  |  118 Report Broken   Tell A Friend

Index / Uranium (Nuclear Minerals) / Exploration, Mining, Marketing, Acquisitions

M. J. Clark reports that Cameco, the largest uranium producer in Wyoming and one of the largest in the world, reacted to the prolonged and ongoing slump in uranium prices by deferring well-field development in the U.S. and suspending production at its Rabbit Lake operation in northern Saskatchewan.

The changes are expected to result in a reduction of about 500 positions at Rabbit Lake and about 85 at the U.S. operations, including employees and long-term contractors. There will be reductions in workforce affecting the Smith Ranch-Highland mine near Glenrock, North Butte mine near Wr... More →
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Find Out More »  |  Open Resource  |  2016/04/23  |  105 Report Broken   Tell A Friend

Index / Uranium (Nuclear Minerals) / Exploration, Mining, Marketing, Acquisitions

Jocelyn Aspa reports that although Cameco has put forth a proposal for uranium mining at its Yeelirrie deposit in Australia, the Western Australia Environmental Protection Authority (EPA) is adamant that the project should not go forward.

According to World Nuclear News, Cameco submitted the proposal in November 2014 after purchasing the deposit from BHP Billiton in 2012. The submission to the EPA was to mine up to 7,5000 tonnes of uranium oxide concentrate per year at the Yeelirrie over a 22-year span.

The EPA released an environmental impact assessment on the proposal,... More →
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Find Out More »  |  Open Resource  |  2016/08/04  |  79 Report Broken   Tell A Friend

Index / Uranium (Nuclear Minerals) / Exploration, Mining, Marketing, Acquisitions

Commercial production at the Cigar Lake uranium mine in the Athabasca Basin officially began on May 1, 2015. The mine is a partnership of Cameco (50.025%), AREVA Resources Canada (AREVA) (37.1%), Idemitsu Canada Resources (7.875%) and TEPCO Resources (5.0%) and is operated by Cameco.

Mining at Cigar Lake began in March 2014, and the first packaged uranium concentrate was available in October 2014. The operation remains on track to achieve in 2015 the annual production target of 6 million to 8 million packaged pounds (100% basis). Cameco expects Cigar Lake to ramp up to its full annu... More →
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Find Out More »  |  Open Resource  |  2015/05/26  |  119 Report Broken   Tell A Friend

Index / Uranium (Nuclear Minerals) / Exploration, Mining, Marketing, Acquisitions

Jeff Desjardin reports that the uranium spot price had a rough ride throughout the course of 2016, but for many investors there is suddenly a new aura of optimism around the troubled metal. It all starts with the Trump America First strategy, which is being perceived by many as a potential boon to the uranium industry. Official details are slim, but industry executives are currently speculating that the Trump administration will be better for nuclear power than the previous government.

If that is true, then it would mean far less regulatory hurdles for nuclear power, and likely even... More →
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Find Out More »  |  Open Resource  |  2017/01/27  |  25 Report Broken   Tell A Friend

Index / Uranium (Nuclear Minerals) / Exploration, Mining, Marketing, Acquisitions

Jocelyn Aspa reports that uranium is currently seeing rock-bottom prices, but some analysts project the price could double back up by 2018. Uranium prices are currently sitting at $28 per pound, a $0.25 decrease from last week. However, prices are expected to double back up come 2018.

Among those predicting the uranium price will pick back up is David Wang, an analyst with Morningstar, who has been predicting this rise for months. He expects the uranium price to reach $65 a pound by 2019. Another prediction comes from Haywood Securites, the firm expects the period between 2017-2020 ... More →
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Find Out More »  |  Open Resource  |  2016/06/16  |  133 Report Broken   Tell A Friend

Index / Uranium (Nuclear Minerals) / Exploration, Mining, Marketing, Acquisitions

Greg Klein reports that a recommendation against uranium mining in Quebec has come under fire from the federal agency that regulates uranium mining and nuclear energy in Canada. In a July 27 letter to Quebec Environment Minister David Heurtel, the Canadian Nuclear Safety Commission criticized the province BAPE commission for conclusions and recommendations that lack scientific basis and rigor.

Earlier this month, following a year-long review, the provincial government suggested Quebec could decide to suspend uranium mining either temporarily or permanently. Should the province decid... More →
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Find Out More »  |  Open Resource  |  2015/07/31  |  176 Report Broken   Tell A Friend

Index / Uranium (Nuclear Minerals) / Exploration, Mining, Marketing, Acquisitions

Canadian company Cameco, which has signed an agreement for the supply of uranium to India, will start delivery in the second half of this year with the end-use being strictly monitored. The company is excited over the pact, which it says marks the start of a new relationship between the two countries.

Cameco and the Department of Atomic Energy signed an agreement here two days ago during the visit of PM Narendra Modi. Under the pact, the Canadian company will supply uranium over five years at a cost of 350 million Canadian dollars. We signed a binding contract under which Cameco wi... More →
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Find Out More »  |  Open Resource  |  2015/04/19  |  121 Report Broken   Tell A Friend

Index / Uranium (Nuclear Minerals) / Exploration, Mining, Marketing, Acquisitions

Jo Becker and Mike McIntire of The New York Times reported that the headline on the website Pravda trumpeted President Vladimir Putin latest coup, its nationalistic fervor recalling an era when its precursor served as the official mouthpiece of the Kremlin - Russian Nuclear Energy Conquers the World.

The article, in January 2013, detailed how the Russian atomic-energy agency, Rosatom, had taken over a Canadian company with uranium-mining stakes stretching from Central Asia to the American West. The deal made Rosatom one of the largest uranium producers and brought Putin closer to ... More →
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Find Out More »  |  Open Resource  |  2015/04/24  |  115 Report Broken   Tell A Friend

Index / Uranium (Nuclear Minerals) / Exploration, Mining, Marketing, Acquisitions

Shares in uranium explorer, Cauldron Energy, have risen over 18 percent in a currently down trading market today with the company announcing a significant extension of the mineralized zone at its Bennet well channel property.

The Bennet well channel and adjacent Bennet well deposit are located within Cauldron Energys Yanrey uranium project, 85 kilometres south of Onslow in the Western Australia Pilbara region.

Drilling results released today have extended the mineralized area by at least 7 km, extending strike at the Bennet well channel to over 11 km in total. The result ... More →
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Find Out More »  |  Open Resource  |  2015/12/08  |  113 Report Broken   Tell A Friend

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Index / Uranium (Nuclear Minerals) / Exploration, Mining, Marketing, Acquisitions

Tom Lydon, of ETF Trends, opines that after a multi-year run of disappointing investors, the Global X Uranium ETF, which holds uranium miners, started rebounding in significant fashion in the 4th quarter. That ebullience has carried into 2017 with the uranium exchange traded fund higher by more than 23%.

However, investors still need to approach URA with some caution. For example, URA has pulled big in a big way after touching a 52-week high. From that high above $19, URA now resides closer to $16, a decline that took just a few weeks to materialize.

Adding to the recent ... More →
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Find Out More »  |  Open Resource  |  2017/03/13  |  14 Report Broken   Tell A Friend

Index / Uranium (Nuclear Minerals) / Exploration, Mining, Marketing, Acquisitions

The Chinese CGN Mining Co. Ltd. has bought a nearly 20-per-cent stake in Fission Uranium Corp., marking the first time a Chinese company has directly invested in a Canadian uranium company, Fission said on Monday.

The $82.2-million deal may lead to more Chinese investment in Canadian uranium developers such as Denison Mines Corp. and Nexgen Energy Ltd., said Cantor Fitzgerald analyst Rob Chang. Canada is the second biggest uranium-producing country in the world after Kazakhstan or Australia, depending on what reserves are included.

Uranium prices have been weak since the ... More →
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Find Out More »  |  Open Resource  |  2015/12/21  |  180 Report Broken   Tell A Friend

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Index / Uranium (Nuclear Minerals) / Exploration, Mining, Marketing, Acquisitions

David Stanway and Kathy Chen report that China will expand its strategic uranium reserves as part of its five-year plan for 2016-2020, with the aim of ensuring it has enough fuel to supply the large program of new nuclear reactors. Beijing, which began stockpiling uranium in 2007 and is estimated by the World Nuclear Association to have 74,000 tons of inventory, or about nine years of current demand, does not disclose details of its reserves so this number may be speculation.

However, demand is expected to outstrip domestic supply in coming years and a move to increase reserves coul... More →
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Find Out More »  |  Open Resource  |  2017/02/25  |  23 Report Broken   Tell A Friend

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Index / Uranium (Nuclear Minerals) / Exploration, Mining, Marketing, Acquisitions

Fission announced that it entered into a binding letter of intent (LOI) with CGN Mining Company, a Chinese investment holding company engaged in trading natural uranium. Under the LOI, CGN will make a strategic investment in Fission worth approximately $82 million.

CGN investment will consist of a $82,226,059 private placement for roughly 96,736,540 common shares, plus an additional number of common shares; all in all, the investment will bring CGN stake in Fission to 19.99 percent. The shares will be priced at $0.85 each.

Cantor Fitzgerald analyst Rob Chang states that t... More →
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Find Out More »  |  Open Resource  |  2015/12/22  |  233 Report Broken   Tell A Friend

Index / Uranium (Nuclear Minerals) / Exploration, Mining, Marketing, Acquisitions

Fission Uranium today announced that it has entered into a binding letter of intent with CGN Mining Company Limited, a Chinese company. Pursuant to the agreement, Fission and CGN Mining have agreed to proceed towards a C$82,226,059 private placement in which CGN Mining would make a strategic investment in Fission which will result in CGN Mining owning approximately 96,736,540 common shares of the Company plus an additional number of common shares equal to 19.99% of the number of common shares issued by Fission prior to the closing of the Offering pursuant to the exercise of outstanding convert... More →
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Find Out More »  |  Open Resource  |  2016/07/27  |  90 Report Broken   Tell A Friend

Index / Uranium (Nuclear Minerals) / Exploration, Mining, Marketing, Acquisitions

Vivien Diniz reports that Cameco announced that production from the Cigar Lake mine in northern Saskatchewan has surpassed 10 million pounds of uranium concentrate. Cigar Lake is partially owned by Cameco, AREVA Resources, Idemitsu Canada and TEPCO Resources, and operated by Cameco.

Ore from the Cigar Lake mine is milled at the McClean Lake operation owned by AREVA (70%), Denison Mines Inc. (22.5%) and OURD Canada Co. Ltd. (7.5%) and operated by AREVA. Ore is transported 70 kilometres by truck from the Cigar Lake mine to the McClean Lake mill for processing into uranium concentrate... More →
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Find Out More »  |  Open Resource  |  2015/12/18  |  109 Report Broken   Tell A Friend

Index / Uranium (Nuclear Minerals) / Exploration, Mining, Marketing, Acquisitions

Clean Commodities Corporation has acquired the Labrador Uranium Project, an advanced, drill-ready uranium exploration project located in the Notakwanon area of Labrador. The project hosts such a significant number of uranium showings, including the Notak-1 target which is a drill-ready prospect based on past work by Altius Minerals. The announcement positions an advanced wholly-owned uranium asset within their portfolio and compliments the $8M transaction they recently disclosed as their Preston Uranium Project in Saskatchewan.

Uranium mineralization at the Labrador Uranium Project... More →
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Find Out More »  |  Open Resource  |  2017/01/19  |  26 Report Broken   Tell A Friend

Index / Uranium (Nuclear Minerals) / Exploration, Mining, Marketing, Acquisitions

The South China Morning Post reported that China National Nuclear Corp subsidiary CNNC International is sizing up acquisition opportunities to help meet the increased domestic demand spurred by the expansion of the Chinese nuclear power program.

The Beijing-based company, which develops and trades overseas uranium resources, was particularly interested in Kazakhstan, Canada and Australia, which were home to rich uranium resources with promising development opportunities, CNNC International chief executive Wang Ying said after its annual shareholders meeting yesterday.

For... More →
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Find Out More »  |  Open Resource  |  2015/05/26  |  103 Report Broken   Tell A Friend

Index / Uranium (Nuclear Minerals) / Exploration, Mining, Marketing, Acquisitions

Geological report of Virginia deposit.
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Find Out More »  |  Open Resource  |  2009/08/13  |  408 Report Broken   Tell A Friend

Index / Uranium (Nuclear Minerals) / Exploration, Mining, Marketing, Acquisitions

The preliminary estimate for the value of non-energy minerals and uranium mined in Colorado in 2008 is $2.155 billion. This represents an 12% increase over the 2007 total of $1.93 billion. The metals sector, including molybdenum, gold, silver, vanadium and the energy mineral uranium, contributed $1.5 billion. Industrial minerals, including sand, gravel, stone, clay, gypsum, cement and nahcolite, were valued at $654 million.
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Find Out More »  |  Open Resource  |  2009/10/02  |  339 Report Broken   Tell A Friend

Index / Uranium (Nuclear Minerals) / Exploration, Mining, Marketing, Acquisitions

Kerri Rempp reports that in the wake of a win before the Atomic Safety and Licensing Board, Crow Butte Uranium Mine also received support from the Dawes County Commissioners as a review of a proposed change in regulations continues.

Vlad Dorjets, of the U.S. Office of Management and Budget, hosted a conference call Dec. 20 with the county commissioners and the Nuclear Regulatory Commission regarding possible changes to 40 CFR Part 192, which addresses uranium and thorium mining. The regulation was first issued in 1983 and was last revised in 1995.

EPA is proposing an upda... More →
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Find Out More »  |  Open Resource  |  2016/12/27  |  32 Report Broken   Tell A Friend

Index / Uranium (Nuclear Minerals) / Exploration, Mining, Marketing, Acquisitions

The overall commodities market tanked -5.1 per cent in Q1, 2015, weighed on by fossil fuels with oil and natural gas down -11.7 per cent and -7.1 per cent respectively. However, it was a different energy-related commodity that had the last laugh.

Uranium quietly led the pack in Q1, 2015 with an impressive 11.6 per cent gain. It is trading close to the 40 dollars per pound level, which is a sizable increase from the 30 dollart level it was trading at last summer. JPMorgan Chase and Co. sees the price averaging 42 dollars this year, and moving to a spot price of 50 dollars in 2016.More →
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Find Out More »  |  Open Resource  |  2015/04/10  |  119 Report Broken   Tell A Friend

Index / Uranium (Nuclear Minerals) / Exploration, Mining, Marketing, Acquisitions

Nick Smith advises the best way to compare the investment potential of uranium companies. An Investor kit is a great place to start. Investor kits can save a lot of time up-front to help decide which company is worthy of your attention. They will clearly lay out key points on the company so that you can see the story quickly, providing a solid platform for you to move to the next steps in your research.

In each investor kit, you will typically find:
1. The rundown on each company key projects
2. Their share structure and key financial information
3. What they are d... More →
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Find Out More »  |  Open Resource  |  2015/09/28  |  137 Report Broken   Tell A Friend
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