Uranium Mining News

Canada injects $325K into ‘climate change adaptation’ for mining sector

Mining Association of Canada (MAC) will be in charge of developing program to give miners tools and knowledge needed to better plan for climate change.

Horizons launches Canada’s first uranium ETF

Units of the ETF began trading today on the Toronto Stock Exchange under the ticker symbol HURA.

Alba to acquire five vanadium, uranium properties in the US

The Vancouver-based miner is getting the properties as part of a deal to acquire Journey Exploration.

Kyrgyzstan bans uranium mining after protests

Kyrgyzstan's parliament voted on Thursday to ban uranium exploration and mining despite previously issuing licenses to foreign companies such as Canada's Azarga.

World’s top uranium miner Cameco swings to loss in first quarter

The uranium producer logged a C$18.3 million loss in the first quarter of 2019, compared with a profit of C$57.8 million a year ago.

NexGen begins Rook I environmental assessment

The environmental assessment will be co-ordinated among NexGen and the two governmental bodies.

Australia approves Cameco’s controversial uranium mine

Developing Yeelirrie, one of Australia’s biggest undeveloped uranium deposit, will depend on market conditions, said the company.

Top miners back autonomous systems guidelines

The document divides operations into six levels, from zero (entirely manual) to five (fully autonomous), and assists in the preparation of a business case for autonomous mining, depending on level and needs.

ALX executes agreement to earn 51% interest in the Close Lake uranium project

ALX and Orano are on the verge of initiating a multi-year exploration program with the goal of locating a new, high-grade uranium deposit in the Athabasca Basin.

Australian mining group asks government to repeal nuclear power ban

The Minerals Council of Australia issued a communiqué following Scott Morrison’s comments where he said he would be okay with receiving proposals from the nuclear energy industry.

US agency submits uranium import probe to White House

The probe was prompted by a petition filed by two uranium mining companies, complaining that subsidized foreign competitors have caused them to cut capacity and lay off workers.

Fission Uranium tables PFS for Patterson Lake South

The PFS assigns the project a $693m after-tax net present value at an 8% discount rate and a 21% after-tax internal rate of return.

Cobalt, uranium and silver prices expected to rally in 2019

But the iron ore price surge won't last says new survey of commodity analysts.

Purepoint completes initial fieldwork at Hook Lake

The project lies on the southwest edge of the Athabasca Basin in the Patterson uranium district.

Niger to pay $14.5m for 10% of GoviEx’s Madaouela uranium project

Government and company agreements also allow for the Madaouela mining permit to expand and include an additional 5.96 million pounds of measured and indicated resources.

Mining students learn to develop feasibility studies using high-tech solution

The Riivos-built mining financial technology software helps them spend less time building spreadsheet models and more time optimizing their mine project economics.

$6 billion private capital ready to invest in mining

Fundraising by unlisted funds for investment in natural resource reached a record $93 billion last year.

Cannabis mania mows down Canada’s junior mining sector

There is enough evidence to conclude that risk capital has found a new home, a BDO report shows. The question now is, how and where will junior miners find the capital needed to sustain their businesses?

UEX shares latest West Bear results

The company said that 14 of the 20 assays exceeded the cobalt equivalent grade of 0.023% or more.

NexGen finds high radioactivity in first holes of 2019

NexGen Energy has been busy with feasibility stage drilling at its Rook I property in the Athabasca Basin.

The mining industry has had it easy for far too long — opinion

Industry and congressional opposition to altering the mining law have combined to make it maddeningly difficult to reform. This may be changing.

CanAlaska Uranium to buy past-producing nickel mine in Manitoba

The Manibridge nickel deposit was first discovered in 1963 and it sits on the Thompson Nickel Belt, the fifth largest and third highest grade sulphide nickel belt in the world.

Taxes and royalties paid by Australian miners equivalent to Federal Government education spending

Aussie miners paid A$30.6 billion in company tax and royalties in 2017-18.

U.S., Brazil could collaborate on nuclear reactors — Brazil energy minister

Brazil is preparing legislation that would clear the way for both private and foreign investment in prospecting and mining for uranium in the country.

American Battery Metals ready to drill at Utah vanadium project

The 2019 campaign will include reverse circulation drilling of 10 holes for 3,000 feet.