Uranium Mining News

Cameco lays off 700 staff

The news bumped Cameco's stock (CCO.TO) five per cent on Thursday send it to $14.97 a share.

Canada scaring mining investors with long, unclear permit processes

Study released Tuesday by the Fraser Institute, British Columbia, Ontario and Quebec are the three main provinces where exploration permit processes have grown longer and less transparent over the past 10 years.

Miners wrote off almost one-third of investments over last decade

From the $939bn invested in major projects between 2008 and 2017, the world’s top 40 mining companies by market cap. wrote-off $273bn or 29% of the initial capital outlay.

Trade war spills into uranium as U.S. weighs import tariffs

The Trump administration began an investigation into whether uranium imports threaten national security, a move that may lead to tariffs on the nuclear power plant fuel.

BHP posts record annual iron ore output, beats Q4 forecasts

Shares in the miner jumped more than 3% after both quarterly and full-year production rose 3% on improved productivity.

Peru unit of Plateau Energy finds one of ‘world’s largest’ lithium resource

Company plans to complete a feasibility study next year, which will reveal whether the proposed $800 million, underground lithium-uranium mine can and should be built.

Oldest nuclear plant in the U.S. to disappear by the end of the century

Even though the closure of the 50-year-old plant will take place by the end of 2018, it will take much longer to completely shut it down.

S. Africa seeks re-opening of shuttered mines to boost economy

Mineral Resources Minister Gwede Mantashe believes mines on care and maintenance are bad for the economy.

Spanish cattle farmers are worrying about nearby uranium mines

The company says it will become a key supplier of fuel as governments recognize the role nuclear power will play in efforts to promote ways to generate power that cause less pollution.

The quest to find a trillion-dollar nuclear fuel on the moon

India's equivalent of NASA will launch a rover in October to explore virgin territory on the lunar surface and determine the potential for mining a source of waste-free nuclear energy that could be worth trillions of dollars.

Trump trade war blows up big week for mining majors

A week choc-a-bloc with billion dollar copper, iron ore and cobalt deals ends with huge drop in prices and sell-off in stocks of mining's biggest names.

Seawater yields first grams of yellowcake

Yarn-like material collects largest amount of uranium to date

Seawater yields first grams of yellowcake

Yarn-like material collects largest amount of uranium to date.

There’s too much uranium in India’s water, and nobody’s watching it

A study conducted by researchers at Duke University found high levels of uranium contamination in India’s groundwater supply.

US to spend $1 million on abandoned uranium mines cleanup

Amendment to an energy and water act expediting the cleanup of abandoned uranium mines must first be approved by the Senate.

Thousands protest against uranium mine in Spain

The activists protested against the Salamanca project, Berkeley Energia’s flagship mine located on the Retortillo-Santidad uranium deposit.

AusIMM Conference calls on Australian government to embrace uranium

The strong role uranium plays in supporting first world medical practices in Australia was also explored at the conference.

CanAlaska Uranium, Cameco make headway at West McArthur project

Work at the project, located immediately next to Cameco's Fox Lake uranium discovery, has been focused on evaluating the C10 corridor, which is highlighted by the NE-striking conductivity high in the southern part of the property.

Virginia uranium mining dispute draws US Supreme Court review

Court agrees to consider overturning a ban on mining at the site of the nation’s largest known uranium deposit.

US confirms list of 35 key minerals, targets domestic supply boost

Uranium and key rechargeable battery metals lithium and cobalt are on a final list of 35 critical minerals that the US deems essential to national security.

Young Australians oblivious to mining

Despite mining contributing about 6 per cent of the country's GDP, a study revealed that almost six out of 10 of young Australians know nothing at all about mining careers.

ALX Uranium Corp. intersects elevated radioactivity at Newnham Lake uranium project

Project is located in the northeastern Athabasca Basin of northern Saskatchewan, approximately 75 kilometres east of Stony Rapids.

How to trust the expansion of uranium mining in India

The big picture of power availability in India stresses the importance of urgent action.

Death toll rises to seven at Sibanye mine as all trapped workers rescued

The deaths brings the number of people killed at the company's operations this year to at least 10.