The news bumped Cameco's stock (CCO.TO) five per cent on Thursday send it to $14.97 a share.
Uranium Mining News
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.
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.
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.
Shares in the miner jumped more than 3% after both quarterly and full-year production rose 3% on improved productivity.
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.
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.
Mineral Resources Minister Gwede Mantashe believes mines on care and maintenance are bad for the economy.
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.
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.
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.
Yarn-like material collects largest amount of uranium to date
Yarn-like material collects largest amount of uranium to date.
A study conducted by researchers at Duke University found high levels of uranium contamination in India’s groundwater supply.
Amendment to an energy and water act expediting the cleanup of abandoned uranium mines must first be approved by the Senate.
The activists protested against the Salamanca project, Berkeley Energia’s flagship mine located on the Retortillo-Santidad uranium deposit.
The strong role uranium plays in supporting first world medical practices in Australia was also explored at the conference.
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.
Court agrees to consider overturning a ban on mining at the site of the nation’s largest known uranium deposit.
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.
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.
Project is located in the northeastern Athabasca Basin of northern Saskatchewan, approximately 75 kilometres east of Stony Rapids.
The big picture of power availability in India stresses the importance of urgent action.
The deaths brings the number of people killed at the company's operations this year to at least 10.