Uranium Mining News

Caterpillar rally hindered by fresh drop in sales

The world’s largest heavy machinery maker has logged a 18% drop in global sales of machinery for the three-month period ended in September.

BHP Billiton to lose chairman Jac Nasser next year

He said he had intended to announce his retirement last year but chose to stay on while BHP dealt with the aftermath of the Samarco mine disaster in Brazil.

World’s top miner BHP Billiton finally sees signs of recovery in mining

BHP is not the first major player to flag green shoots in the mining industry. Caterpillar, the world's largest heavy machinery maker, said the same last month.

Argentinian province to launch mining referendum

A moratorium in place since 2003 bans open-pit mining and the use of cyanide for metal recovery.

Canada's top five mining juniors doubled their market cap in 2016

All gold companies except for the top one.

Positive signs put Canadian junior miners in a good position for recovery – PwC report

Investors have seen a rise in the market capitalization of top junior mining companies on the TSX Venture Exchange by more than 100% compared to last year.

Uranium miner looking at gold

Aura Energy has set its hopes on a gold deposit next to its uranium Tiris project in Mauritania.

Plan Nord: Extracting the most value for Quebec

" Despite the uncertainty around global metal prices, Quebec Premier Philippe Couillard has thrown his support behind a project that has the potential to be transformational for the north of his province."

CHART: Despite unnerving gold price fall, mining rally's intact

While met coal is clearly the star performer, thermal coal is probably the biggest upset – seaborne prices have jumped 65% in 2016 to above $80 a tonne.

Commodity update: Is the summer slump over?

Despite bumps in the road, most commodities are still having big years on a YTD basis.

Cameco to court over tax bill

The CRA is looking to shift an estimated $7.4 billion in foreign earnings between 2003 and 2015 back to Canada.

China to reach target in cutting coal overcapacity by year-end

The world’s biggest coal producer expects to reach targets for cutting unneeded capacity by the end of 2016, which is earlier than planned.

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.