The blast took place at a mine located in Iran's northern Golestan province on Wednesday morning.
Uranium Mining News
US Dept of Energy makes huge cuts to allowable transfers of uranium this year and in 2018.
Sprott Monthly Market Update with Rick Rule: This bull market is in its infancy, a lot of money is about to be made!
Rick sees a very interesting market, which flirted with an upside breakout, that failed.
The miner said decision was unrelated to Elliott Management's call earlier this month to unlock shareholder value by spinning off about $22 billion of BHP's US oil assets.
Shareholders voted overwhelmingly in favour of the cash takeover, which will make the South African firm the world's No.3 palladium producer and No.4 platinum group metals miner.
The giant equipment maker's quarterly profit surged past estimates helped by a recovery in most of its end markets.
Drill results from NexGen Energy's A3 Zone of the Arrow project have significantly expanded the zone to the northeast and have discovered massive pitchblende.
Production for the first three months of the year slumped 37% compared with the same period of 2016.
Rick Perry expressed concerns about the diversification of power sources and the stability of the country’s grid
The deal with Curzon Resources could be the first potential sale of 7% the of future production from the Macusani project
Worries about Chinese economy and rising tension surrounding North Korea brings fear trade to mining and industrial metals.
Shipments will start almost nearly three years after the two countries signed an export deal for peaceful power generation.
Iran’s nuclear chief says the country will produce about 40 tonnes of uranium this year, more than half the total amount yielded over the preceding years.
Mineralization was discovered at La Niquelina in 1944, with modest production from a small underground mine in the early 1950's.
Combined worth of $842 billion with 20% gains so far in 2017.
French nuclear power giant Areva is reportedly cooperating with a legal enquiry by activists who say the company cheated Niger out of $3.25 million in uranium exports.
Equipment and services suppliers will have to wait at least another year until they can fully feel the impact of this trend, says CSA Global — the world's second-largest mining sector consultancy.
The world's second largest miner gave Pistol a $75K cash injection in an effort to own the Saskatchewan-based properties before the end of 2019.
There are three key components to building a mine, starting with a competent, experienced management team.
The most exciting news from a mining exploration stock is a high-grade drilling result.
Denver is the global capital of private capital raising for investment in the metals and mining sector.
Eliminating high-risk dependence on imported fuels; vast potential in renewables and buildout around domestic technology advantages; stranded assets in coal projects; little chance of nuclear industry recovery.
During exploration for unconformity-type uranium deposits like those in the Athabascan basin, the clay illite can be a reasonable pathfinder mineral.
"Investors are willing to back their positive sentiment towards natural resources with fresh capital commitments," says new study.
In an exclusive Q&A session for Sprott Private Wealth clients, Rick Rule shared his thoughts on the uranium market and explained why speculators shouldn't worry too much about being early.