Uranium Mining News

Anglogold Ashanti to raise $307 million with South African mine sales

It will sell its newest mine to Harmony Gold for $300 million and another mine for 100 million rand ($7.4 million) to China's Heaven-Sent SA Sunshine Investment Company.

Uranium explorer adds mineralization to ‘world-class project’

NexGen Energy Ltd. reported radioactivity results for 22 holes of the on-going summer drilling program on their Rook I property in Athabasca Basin, Sask.

Clean mining project shortlisted for $950 million Canadian gov’t funding

The CLEER (Clean, Low-energy, Effective, Engaged and Remediated) project focuses on water use, energy intensity and environmental footprint, with aggressive targets of a 50% reduction in each area by 2027.

France's Areva to cut Niger uranium production on price drop

Decision is in response to falling uranium prices, a local union leader said.

Argentinian senator expresses opposition to Canadian miner's uranium exploration

Magdalena Odarda says Blue Sky Uranium's exploration is taking place at sites of paleontological significance.

CHARTS: Mining's 2017 rally forecast to fizzle out

Consensus forecasts point to double digit declines for the platinum, zinc, copper and lead price by the end of the year, while coal is set to tank.

George Glasier: Rising vanadium prices could increase uranium production

George Glasier thinks the uranium price hovering around $21 means that there is currently enough supply to meet demand in the market.

Project selection: An interview with Mickey Fulp

Mickey Fulp sits down with Maurice Jackson to discuss one third of his investment thesis which is focused on Project Selection.

South Africa’s mining industry fortunes improving, but challenges remain — PwC

A strong price recovery for the main commodities South Africa mines and exports has helped the country’s sector stage a turnaround in 2017, the first time in five years the industry is back in the black.

More opposition to Berkeley's uranium mine in Spain

Nuclear energy experts from a variety of countries expressed their support to the protest actions carried out by Stop Uranio against Berkeley Minera España

Interview with Rick Rule, President and CEO of Sprott U.S. Holdings Inc.

"My belief is that the most important factor in the gold price, is global faith in the purchasing power of the US dollar, and faith in US Treasury securities."

BHP Olympic Dam produces first copper cathode from heap leach pilot plan

Bureau Veritas’ state-of-the art mineral testing facility in Adelaide is supporting BHP and South Australia to achieve their Copper Growth Strategies.

BHP Billiton Foundation launches two new transparency projects

BHP Billiton Foundation announced Tuesday its financial support for two new global projects launched at an event held in Washington DC.

BHP’s shareholders to vote whether firm should leave Australia’s top mining lobby group

Investors to vote on the two resolutions submitted ethical investing group ACCR at BHP’s annual general meeting in London in October.

Rio Tinto's chief financial officer Chris Lynch to retire in 2018

He joined the company's board in September 2011 and was appointed chief financial officer in April 2013.

Wyoming uranium mine spill one of the largest recorded in U.S.

The spill was contained on site and is not a human health hazard, according to federal regulators.

South Africa's chamber of mines says sector "in crisis"

South Africa holds the world's biggest reserves of platinum, chrome and manganese, but investment in the sector has dropped in each of the past two years as a result of increasing legal uncertainty and labour disputes.

Indian uranium mine becomes dark matter lab

India’s very first uranium mine now hosts a laboratory for conducting experiments in fundamental physics

Finland to get rid of coal by 2030

The head of Finland’s energy department announced that the country will introduce legislation to phase out coal and increase carbon taxes

Govt electricity supply report 'will not save US coal'

There's nothing in Dept of Energy's electricity grid reliability analysis that'll stop substitution of coal by natural gas and renewable energy says Moody's.

US to extend ban on mining near Yellowstone national park

US Interior Secretary Ryan Zinke wants to speed up a two-year review of mining on more than 30,000 acres just north of the park.

Brazil to redo Amazon mining decree after criticism

Brazil's government will revise a decree that opened up a vast mineral reserve in the Amazon rainforest to mining responding to overwhelming criticism.

Trump to open parts of Utah National Monument to miners, oil firms — report

The monument, one of the 27 President Trump is taking a second look at, covers 1.3 million acres (about 5,260 square km), and it includes land considered sacred to Native Americans.

BHP exiting oil and gas

After posting a fourfold rise in profits, world's number one mining company now "actively pursuing options to exit" its US oil and gas business bought for $20B six years ago.

Uranium producer seen as 'top leverage pick to the expected uranium price recovery'

One uranium producer and explorer reported Q2/17 results that led one analyst to increase its target price.