Uranium Mining News

U.S. court upholds Grand Canyon uranium mining ban, but allows mine nearby

A U.S. federal appeals court on Tuesday upheld a lower-court ruling keeping a ban on uranium mining around the Grand Canyon, but also upheld a separate decision allowing a uranium mine nearby to open.

World's biggest floating solar power plant starts operating atop former coal mine

China Three Gorges says this would be not only the largest but also the "most intelligent solar power project with the most advanced technology in the world."

US Senate Chairman presses nuclear regulators on uranium exports by US firm owned by Russia

Senator John Barrasso is expanding a 2010 investigation into the Obama administration’s approval of the sale of Uranium One’s uranium recovery facilities to the Russian state-owned firm Atomredmetzoloto.

Canadian junior to acquire five lithium projects

Azincourt says the 6,000-hectare land package included in its agreement with New Age Metals represents the largest mineral claim holdings of projects for the lithium group or type of minerals in the Bird River Greenstone Belt.

Harmony Gold says Moab Khotsong mine purchase to boost cash flows

The $300 million deal, which incorporates the Great Noligwa underground mine and related infrastructure, is expected to boost Harmony's operational cash flow by 60%.

Kazakh supply shock to jolt uranium price

World's top supplier of uranium announces 20% cut in production over three years.

Rio Tinto appoints one of its own as the company’s new chairman

After a nine-month search, the miner has picked the current leader of the remuneration committee, Simon Thompson, to assume the post in March 2018.

Mining salaries ranked for geologists, metallurgists and the C-suite

Two-thirds of miners increase head count in '17

BHP tightens belt, targets $1.6bn in cost-cutting at Australian operations

The world’s No.1 miner is targeting as much as $1.6 billion in productivity gains at its iron ore, copper and coal units in the country over the next two years.

Investors force Rio Tinto to ditch plans to have Mick Davis as chairman

Decision comes in the wake of a full-scale investor revolt led by the Investor Forum, a London-based body representing some of the world’s biggest money managers.

Why the commodity supercycle is favoring investors right now

Precious, base and energy metals are all benefiting from the commodity supercycle, says Louis James, editor of International Speculator

Legal kerfuffle in Spain around uranium mine environmental assessment

Spain's National Audience dismissed a series of allegations presented by Berkeley Energia against a legal action filed by a group of environmentalists who oppose the company's uranium project.

Six years after Fukushima, robots finally find reactors’ melted uranium fuel

After three days of carefully navigating through a shattered reactor building, the Manbo finally reached the heavily damaged Unit 3 reactor.

Number of active mining projects by province ranked

Ontario is number one.

BHP to exit shale within two years, sell nickel assets

“We have a strong sense of urgency,” chief executive Andrew Mackenzie told reporters following the company’s annual general meeting in Melbourne.

Zonte Metals acquires iron oxide copper gold project

According to the company's CEO, exploration is expected to start shortly in the form a ground magnetic survey over portions of the project.

GoviEx Uranium granted the Agaliouk exploration permit in Niger

New permit is adjacent to the company's Madaouela Project and increases its total measured and indicated resources by approx 12% to 110.76 million pounds.

Texas uranium deposits could meet US nuclear energy demand for almost a year

But low prices for the radioactive commodity remain a challenge, the latest report by the US Geological Survey (USGS) shows.

Former Xstrata CEO Mick Davis may become Rio Tinto new chairman

The mining veteran could face competition from internal candidates, including former head of UK gas company Centrica, Sam Laidlaw, who now sits on Rio’s board.

French energy company’s shares sink on falling demand and nuclear outages

EDF has been experiencing delays in restarting some of its nuclear reactors.

Mayor organizes massive protest against Berkeley's uranium mine in Spain

The leader of the Villavieja de Yeltes municipality is planning to rent buses so that people can attend the rally.

BHP needs 120 new workers at its Olympic Dam in Australia

The mining giant will add those jobs during the next 12 months.

Weak uranium prices force Cameco to halt two operations in Canada

Company will suspend operations at the McArthur River and Key Lake at the end of January for at least 10 months.

Canadian junior miners worth jumps for second year in a row

Aggregate market cap of the top 100 junior mining companies was up 7% to $12.2 billion, a level not seen since 2010, but the group significantly underperformed the Venture Exchange as a whole.

Uranium superstar goes all-in on impending nickel crunch

Mike Beck gives a provides a detailed analysis on lithium, uranium, and nickel.