Prices for the radioactive metal have fallen more than 50% since the Fukushima disaster in 2011
Uranium Mining News
Shareholders will be the main beneficiaries of the company's cautious approach to capital expenditure in the last three years as it will pay bigger-than-expected divvy of $1.70 per share.
On December 8, 2016, Palisade Research came out with a bold prediction – the bottom for uranium and uranium stocks was in.
Discovered in 1976, the property area was the subject of intense exploration during the 1970s and 1980's, when Acquitaine Company of Canada and Esso Resources Canada completed 190 drill holes totaling approximately 22,000 m on the project area.
Tepco’s termination of the contract would affect about 9.3 million pounds of uranium deliveries through 2028, Cameco said.
While companies face different outlooks and challenges depending on the commodity they mine and their size, Deloitte says they should all should be looking for the answer to one common question — “Going forward, where should we play and how can we win?"
Minerals and metals prices are rising, investor confidence in the majors is returning, and those majors are keen to restock depleting minable reserves.
Frank discusses the gold and bond markets and how they have been driven by global uncertainty.
Readers may be surprised to learn that precious metals mines are well behind two uranium cash cows.
Uranium has been the most-hated commodity since 2011 - and the Global X Uranium ETF has been pummeled over 90% in a brutal bear market.
Shares were up more than 45% on Tuesday mid-morning after it announced that joint venture partner Rio Tinto will start drilling for uranium at the company's asset in Saskatchewan.
Cameco (NYSE:CCJ, TSX:CCO) has inflicted more pain on its payroll as Canada’s largest uranium producer struggles amid a flat market for the nuclear fuel.
In the wake of announced production cutbacks by Kazakhstan's state-owned uranium mining powerhouse, Kazatomprom, the beleaguered uranium market has seen an upswing.
Takeover would make of Sibanye Gold the world's third largest palladium producer and fourth biggest platinum group metals miner.
The Canadian Security Intelligence Service (CSIS) warning highlights an additional risk for the energy sector
Company will perform the work and federal government will contribute about half of the more than $600 million cleanup costs.
Companies claim land transfer is de facto expropriation without consultation.
GoviEx uranium documentary
World Bank's 2017 outlook says US impact on commodity markets diminished, but it's still number 1 for oil and number 2 in copper, aluminum and lead.
Proposed refinancing comes after Paladin failed to sell a 24% stake in its Langer Heinrich mine to China National Nuclear Corporation (CNNC), which was expected to fetch $175 million.
Analysts qualified the move as a “game changer.”
The state's environmental authority has approved Toro Energy’s Wiluna project, in the northern Goldfields.
Any re-instatement of sanctions will, if at all, pose minimal additional hurdles to new investors, BMI Research says.
As a uranium miner, India isn't in the same league as the world's top producers, but its status could rise if upcoming exploration programs are successful.
It was an up and down year for commodities, but things ultimately finished in the black.