Uranium Mining News

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.

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."