Uranium Mining News

Scientist finds three new uranium-rich minerals in Utah

The three new minerals, leesite, leószilárdite and redcanyonite, will allow researchers to study how different forms of uranium can propagate in the natural environment.

Canada’s Cameco posts $62 million loss hurt by sinking uranium prices

Prices for the radioactive metal have fallen more than 50% since the Fukushima disaster in 2011

Rio Tinto logs first annual gain since 2013 on iron ore rally

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.

Palisade's top 3 uranium stock picks for 2017

On December 8, 2016, Palisade Research came out with a bold prediction – the bottom for uranium and uranium stocks was in.

IsoEnergy acquires Mountain Lake uranium deposit

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.

Cameco to lose $1.3bn as Japan’s TEPCO cancels uranium contract

Tepco’s termination of the contract would affect about 9.3 million pounds of uranium deliveries through 2028, Cameco said.

Here’s what miners should expect and do in 2017

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?"

BC annual mineral exploration conference reflected a turnaround for the industry

Minerals and metals prices are rising, investor confidence in the majors is returning, and those majors are keen to restock depleting minable reserves.

Frank Holmes: Time to grab the commodity bull market by the horns

Frank discusses the gold and bond markets and how they have been driven by global uncertainty.

These 10 mines have the world's most valuable ore

Readers may be surprised to learn that precious metals mines are well behind two uranium cash cows.

Chart of the Week: Is Trump making uranium great again?

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.

Canadian junior Pistol Bay stock just went ballistic and here’s why

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 shedding 120 jobs at Canadian operations

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.

Uranium stocks gain big as Kazakhstan cuts production

In the wake of announced production cutbacks by Kazakhstan's state-owned uranium mining powerhouse, Kazatomprom, the beleaguered uranium market has seen an upswing.

Sibanye $2.2bn acquisition of Stillwater passes antitrust conditions

Takeover would make of Sibanye Gold the world's third largest palladium producer and fourth biggest platinum group metals miner.

Canadian energy firms at bigger risk from cyber, bomb attacks

The Canadian Security Intelligence Service (CSIS) warning highlights an additional risk for the energy sector

Freeport reaches settlement with US Gov’t, Navajo Nation on uranium mines cleanup

Company will perform the work and federal government will contribute about half of the more than $600 million cleanup costs.

BC court fight over treaty vs mineral rights

Companies claim land transfer is de facto expropriation without consultation.

The key to solving climate change a real money maker?

GoviEx uranium documentary

World Bank on a Trump economy and commodities

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.

Poor uranium market conditions push Paladin Energy into restructuring

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.

World’s top uranium producer Kazakhstan to cut output by 10%

Analysts qualified the move as a “game changer.”

Western Australia about to get its first uranium mine

The state's environmental authority has approved Toro Energy’s Wiluna project, in the northern Goldfields.

‘Trump effect’ on resurgent Iranian mining sector close to none — analysts

Any re-instatement of sanctions will, if at all, pose minimal additional hurdles to new investors, BMI Research says.

Indian state leases land for uranium exploration

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.