Uranium Mining News

Fission Uranium builds momentum on high-grade PLS assays

Two new zones on Fission Uranium's Patterson Lake South property reported high-grade assays, catching the notice of Dundee Capital Markets.

Precious metals, nickel, zinc likely to outperform over next 2 years — analysts

The commodity research teams at Macquarie and Barclays, however, are not as optimistic when it comes to potash, aluminum and steel.

Market volatility means cash is king for mining and metals companies

Cash optimization, capital access and productivity top EY’s 2016-17 business risks.

Australia’s biggest underground mine halts production

The power outage was the product of strong winds and heavy rain caused by what has been called “the most extreme weather system” that has hit the area in decades.

Namibia’s new uranium mine to triple country’s output by 2017

The country is poised to becoming the world’s third largest producer of the commodity, as the massive Husab mine begins production in October.

No rapid rebound for African mining

Despite continued investment in copper assets on the continent from China and India hunting for coal mines.

Rethinking resource investing

The explore-develop-produce model cannot be eliminated, but there are plenty of models that work within it or alongside it. Two are worth mentioning.

Plans to recover U3O8 from tailings ponds help boost price target for energy fuels

Dundee Capital Markets increased its target price for Energy Fuels after the company unveiled updated plans to position itself as the premier uranium producer in the U.S., including a scheme to recover U3O8 from tailings ponds at its White Mesa Mill facility.

No end to uranium price plunge

"Some producers need to move material for cash flow purposes and we have seen some pretty aggressive selling in the past few weeks."

Not with a bang but a whimper: How commodities may end year

With supply gluts persisting from corn to oil, traders are already gearing up for declines.

Huge shot in the arm for uranium price

Europe's biggest energy project and the UK's first nuclear plant in a generation is greenlighted.

Space mining absolutely viable — NASA expert

The main challenge for mining near-Earth celestial bodies is neither technology nor cost, but simply “convincing people it is realistic,” says Dr. Phil Metzger.

NASA’s latest mission may tell us whether asteroid mining is really a go

OSIRIS-REx will collect samples from an asteroid and return them to Earth, in what it could be a pivotal step for firms currently planning to tap into the space mining business.

China demand driving renaissance of global uranium market: Bannerman Resources chief

China’s unquenchable thirst for uranium is driving a renaissance of the market and is likely to pull the global U-sector out of its current doldrums and drive much-needed price increases.

Uranium mining in Canada one of the world’s cleanest — study

New study shows that mining and milling uranium contributes very few greenhouse gases to the total emissions produced by nuclear power generation.

The ideal position if you are a uranium believer

Producers or the near/former producers.

Yes, the uranium market is bad but remember gold's turn?

"When this market turns it will be a lot of fun again."

BHP Billiton launches Prospects blog

The blogs will offer views on economics, commodities outlook and individual markets, and broader issues such as policy, governance and our social contribution.

Yes, the uranium market is bad, but remember gold's turn?

"When this market turns it will be a lot of fun again."

Oil sands stoppages push Canadian GDP down to 2009 recession levels

The country’s economy shrank 1.6% in the April-to-June period, the largest quarterly decline in seven years.

Canada’s mining industry faces workers shortage of up to 127,000 — report

Experts warn Canada's mining industry faces a looming risk it's not ready to deal with — lack of access to workers with the skills needed in an upswing.

World's largest gold mine could come under threat

Brutal regime earns $3.5bn/year from Muruntau and septuagenarian Uzbek dictator's hospitalization raises fears of power vacuum, influx of radical Islam.

Fundamentals for uranium look great; is the uranium market ready to soar?

By any estimate, the uranium market is trading in the extremely oversold ranges, but when the trend is down, a market can trend into the extreme of extremely oversold ranges, and we have seen this occur many times in the past.

Mining has nothing to fear from Fed rate hikes

Study shows commodities have been the best performing asset class during Fed rating hike cycles since 1983 with average returns for industrial metals 44%