Uranium Mining News

Groundbreaking! America’s new quest for mineral independence

What happens when a geologist and an author whose chief interest is California’s Silicon Valley get together to take a look at the United States’ dependence on foreign supplies of critical minerals?

Record $93B private capital flows into natural resources

But only sliver of funds raised destined for mining and metals

China’s slowdown is miners' single biggest fear this year — report

Based on answers from 51 senior executives, lawyers White & Case say that trade tensions are the second largest challenge for the mining industry in 2019 and reveal what the underlying full-picture looks like.

Spey Resources betting on vanadium

Spey decided to buy a property in Utah due to the increasing global demand for vanadium.

Peninsula Energy on track to achieve full-year uranium production guidance

Company ison track to achieve its production guidance of 90,000 to 110,000 pounds U3O8 (triuranium octoxide) at the Lance Uranium Projects in Wyoming, USA.

Production falloff could lead to a uranium market rebound

Many investors, including nuclear power utilities, are looking a few years out at what might happen to the price of uranium once a large number of long-term contracts are signed.

Ranger uranium mine closure to cost over $200m more than expected

The clean-up is now predicted to cost A$808 million — A$296 million (about $213m) more than ERA's initial A$512-million estimate.

Denison outlines 2019 exploration plans

Targets at Wheeler River, Waterbury Lake, and Hook-Carter properties – all in the Athabasca Basin – will be diamond drilled.

Vancouver miners kick off diamond drilling program in Saskatchewan

ALX Uranium and Denison Mines just launched a winter diamond drilling program at the Hook-Carter uranium project.

MINING.com top 10 most read in 2018

The attention of the mining industry has shifted.

Human activity creates 208 new mineral species

Study shows mining has sparked "unparalleled inorganic compound diversification" like rabbittite at Lucky Strike, Utah and a handful found on smelter walls

UEX releases maiden resource for Christie Lake JV

The inferred resource is 588,000 tonnes grading 1.57% uranium oxide for 20.35 million lb. of U3O8.

Skyharbour cuts high grades at Maverick zone on Moore project

Skyharbour secured an option to acquire the Moore property from Denison Mines in June 2016.

Hook Lake JV to spend $3m for 2019 exploration

Hook Lake is owned jointly by Cameco Corp. (39.5%), Orano Canada (39.5%) and Purepoint Uranium Group (operator and holder of a 21% interest).

Fission 3.0 seeks more shallow, high grade mineralization

Fission 3.0 Corp. is preparing to drill 4,400 metres at four high priority targets – Wales Lake, Patterson Lake North, Key Lake and Cree Bay (two holes).

Uranium price: best performer of 2018 set for more gains

New report forecasts sustained structural deficit for uranium market and more gains for uranium price, up more than 20% this year.

West McArthur JV sets aside $2.4m for 2019 drilling, geophysics

CanAlaska is 70% owner and operator of Joint Venture with Cameco.

Losing licence to operate new and biggest threat to miners — EY

Mining companies across the globe now consider the risk of losing their licence to operate as the biggest risk to their businesses in the next two years

Vancouver miner buys cobalt-vanadium-uranium project in Saskatchewan

Searchlight Resources wants to take advantage of the increased interest in battery technology.

Canada’s Nova Scotia miners call for better control of radon exposure

Proposed geoscience surveys would identify areas with elevated uranium levels, the body representing the mining industry in the Atlantic province says.

Congo plans to audit Glencore unit's cobalt over uranium levels

Relations with Congolese authorities have grown increasingly strained in recent months as the government pushes for foreign investors to contribute more.

Saudi Arabia targets $64B in mining revenue by 2030

Mining vast untapped reserves of bauxite, phosphate, gold, copper and uranium is key to the Saudi Arabia's efforts to diversify its economy away from hydrocarbons.

Rio Tinto sells stake in Rossing uranium mine to China

The company is selling its 69%-stake in Rossing Uranium Limited, which owns the Namibian mine, to China National Uranium Corporation (CNUC).

Congo lifts export ban on Glencore's copper and cobalt unit

Katanga Mining and its Kamoto copper and cobalt mine is one of Glencore’s most important growth projects.

Section 232 comments oppose domestic uranium quota

Underscore risk to U.S. Nuclear Industry and National Security while failing to establish need for 25 percent quota.