Uranium Mining News

Caterpillar earnings beat estimates, shares hit five-year high

It now expects adjusted earnings per share to come in at $5, significantly higher than the $3.75 it had forecast just three months ago and almost doubled the $2.90 it had originally projected for the year.

South Africa halts new black ownership rules for mines

The suspension follows a pending a judgement in an urgent interdict application by the country's Chamber of Mines.

Forecasts for uranium price all point up

Uranium improved to an 8-week high this week, but consensus forecasts are for a 35% rise over the next 12 months.

Canada a global leader in mining exploration, innovation and diversity: PwC report

According to PwC's Mine 2017 report, Canada's largest mining companies played a key role in the international mining sector's emerging growth.

Uranium Energy acquires Paraguay-based titanium project

The Alto Pará property covers an area of 70,498 ha of land and is located near Itaupu, the second largest hydro-electric dam in the world.

Trading on TSX venture exchange imminent for new uranium miner helmed by experienced team

A uranium exploration and development company focused on projects in the Western U.S., led by a team that has done it before, begins trading on the TSX Venture exchange July 7.

Rick Rule – prospect generators, uranium, deep value

Rick Rule of Sprott US Holdings sits down with Maurice Jackson of Proven and Probable to discuss the deep value proposition that he foresee’s with Prospect Generators and Uranium.

Russian state corporation suspends $1.2 billion uranium project in Tanzania

Weak uranium market and new Tanzania’s regulations named the main culprits.

Denison Mines granted fresh 10-year licence for Saskatchewan uranium operations

The permit renewal comes only a year after the miner obtained regulatory approval from the Canadian Nuclear Safety Commission to rise annual uranium production capacity from 13 million to 24 million pounds.

Rick Rule: Uranium sentiment just got bearish to the extreme

Rick discusses the surprising lack of volatility in the markets and with the various worldwide challenges one would expect it to be much higher.

Western Australia bans uranium mining, but existing projects safe

Toro Energy's Wiluna project, Vimy Resources' Mulga Rock project, as well as Cameco's Kintyre and Yeelirrie projects allowed to go on.

David Cates: What is going on with uranium

The uranium market has always been volatile, we are still on the right side of the bottom, and are clawing back to a regular place where the uranium market will function.

Pele Mountain sells uranium project to focus on lithium

A plan by Pele Mountain Resources (TSXV:GEM) to mine uranium in northern Ontario while at the same time processing rare earths has fizzled.

South Africa just hiked black ownership rules, miners getting crushed

The country will require local miners to be 30% black-owned and has set a 12-month deadline for them to comply with the new rules.

Argentina passes mining act expected to create 125,000 new jobs

Agreement is part of plan to double investment in the sector to $25bn in eight years.

Trump has been good news for miners — Callinex CEO

Trump’s measures to revitalize the mining industry are steps on the right direction, and they will benefit not just the US, but also Canada, said Max Porterfield.

Utah claims Bears Ears monument will kill uranium industry

Utah officials claim the Bears Ears designation not only abused the Antiquities Act, but also undermines national security.

India hails Kazakhstan's role as 'number one' supplier of uranium

India and Kazakhstan have discussed ways to expand their ties as Prime Minister Narendra Modi held a bilateral meeting with Kazakh president Nursultan Nazarbayev in Astana.

Trump urged to end uranium mining ban near Grand Canyon

Supporters of the moratorium, which expires in 2032, say new mining activity will likely boost the risk of uranium-contaminated water flowing into the Canyon.

Even with iron ore prices diving, NASA fast tracks mission to $10,000 quadrillion asteroid

If NASA is successful in its mission to 16 Psyche, one of the most massive asteroids found between the orbits of Mars and Jupiter, humans will have a first ever chance of exploring a world made of iron, not rock or ice.

Ukraine says no to Russian coal, gas – favours nuclear power

In spite of a blockade on shipments of anthracite coal from occupied Donbas to Ukrainian thermal power plants (TPPs) since this past winter, the country has thus far avoided blackouts.

$16K in gold bullion up for grabs in new stock-picking contest from Stockpools & Kitco

Junior mining investor enthusiasts will be duelling it out for the big money when the next contest by Stockpools and Kitco is launched the first week of June.

BHP’s Mackenzie, Elliot Management face off

US activist investor steps up pressure on BHP to ditch petroleum. Mackenzie says company already knows what to do to lift value by 50% and double return on capital.

BHP ditching 'Billiton' in $10 million rebranding move

Move comes on the heels of calls from shareholders including activist investor Elliott Management and Australia’s Tribeca Investment Partners for a change of BHP's corporate structure.

Kivalliq picks up Baffin Island gold property previously explored by three majors

Uranium junior Kivalliq Energy (TSXV:KIV) last week expanded its portfolio of projects focused in Nunavut, northern Canada, by acquiring a position in what it says is one of the largest undeveloped greenstone gold belts in Canada, from Commander Resources (TSXV:CMD).