Uranium Mining News

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.

Azarga Uranium almost doubles resource at Dewey Burdock

The project saw a 97% increase over the previous resource.

Caterpillar steps up game to keep leadership in North America

In the past two years, Cat  has  been  working  on  growing  its  offering,  particularly  in  the  underground  segment,  as  well  as  filling  up  some  gaps  in  terms  of  trucks  sizes.

RSC Mining and Mineral Exploration partners with Terra Modelling

The agreement provides a considerable combined offering to the mineral exploration and mining market.

US Supreme Court mostly in favour of Virginia's uranium mining ban

The country's top court has given a rather favourable reception to a Virginia law that bans mining at the nation’s largest known uranium deposit

NexGen boosts NPV for Rook I to $3.7B

Vancouver-based NexGen Energy, Wood Group and Rosco Postle Associates have completed the pre-feasibility study for NexGen’s Rook I project in the Athabasca Basin.

US Supreme Court to decide fate of Virginia's uranium mining ban

Supreme Court will have to decide whether the southeastern state hast the right to regulate uranium mining or that should be done by the federal government.

As tobacco wanes, a Virginia farmer wants to harvest his uranium

There’s uranium everywhere.

China's CNNC seeking overseas partners to secure uranium

"Our vision is to be the world's leading uranium company" - Ni Tao deputy manager of China National Uranium Co Ltd

Spend don't splurge, investors tell miners as M&A, capex surges

Capital expenditure among the 10 largest metals and mining companies is forecast to advance to about $35 billion this year, the first annual rise since 2013.

Canada Revenue Agency appeals Cameco tax ruling

Late last month the Tax Court of Canada ruled in favour of Cameco Corp in their decade long dispute

Namibia scraps black ownership rules for mining exploration licences

Rules threaten the diamond and uranium producer's ability to attract investment.

Western Uranium & Vanadium to re-open the Sunday Mine Complex

The complex extends for 3,748 hectares and consists of five individual mines currently in Temporary Cessation.

Caterpillar plummets after flagging tariffs-triggered high material costs

The world's no.1 heavy machinery maker reported third-quarter earnings that topped analysts’ estimates, but said the ongoing trade dispute resulted in $40 million in extra costs for materials in the period.