Uranium News

Uranium mining, investment and price news

U.S. Senate reveals top banks ‘unfair advantage’ in physical commodities business

Cecilia Jamasmie | November 20, 2014
U.S. Senate reveals top banks ‘unfair advantage’ in physical commodities business

The two-year investigation concluded that Goldman Sachs, Morgan Stanley and JP Morgan have been manipulating commodity prices.

Parent company liability for foreign subsidiary’s actions – alarming new trend?

A recent lawsuit in British Columbia is the latest example of an emerging trend in which plaintiffs are seeking to hold parent companies liable in negligence in relation to the actions of their foreign subsidiaries.

The makings of a discovery

Richard Mills - Ahead of the Herd | November 19, 2014
BHP said to have discovered vast copper deposit in Western Australia

In this case, our junior is looking in the most prospective and geologically fertile place in the world for discovering uranium. There’s no contest here, if you are looking for uranium the Athabasca Basin in Northern Saskatchewan and Northeastern Alberta is where you need to be.

Michael Torrance - Norton Rose Fulbright

What you need to know about the Canadian government's corporate social responsibility initiative

corporate social responsibility mining norton rose

Being eligible for “enhanced Government of Canada economic diplomacy.”

India's uranium pact with Australia going full speed ahead

Mineweb | November 16, 2014

Kept away from international nuclear trade dialogue for several years for not being a signatory to the nuclear non proliferation treaty, India has finally got the go-ahead from Australia, which is to ship uranium to India.

New research finds manufacturing execs concerned with access to U.S. mineral supply

National Mining Association | November 13, 2014

The survey revealed significant concern among business leaders that current mining policy presents a challenge to their supply chain and that reform is necessary.

Uranium uptick breathes life into explorers

Travis McPherson - CEO.ca | November 13, 2014
Nuclear power plant

Patient and steadfast uranium investors were given an early Christmas present last week when the Japanese community of Satsumasendai announced approval of the restart of the Sendai nuclear power-plant, the first restart to be approved in Japan since the 2011 Fukushima disaster.

UEX's Lemaitre talks blue chip junior strategy: exploration excellence

The Energy Report | November 12, 2014
uranium one

After losing half of its value, the spot price of uranium has in recent weeks risen from less than $30 per pound to $42 per pound. Roger Lemaitre, President and CEO of UEX Corp., is pleased but not surprised, as a supply shortage looms, and sanctions against Russia are spooking utilities.

CHART: Mining capital crisis continues

Frik Els | November 12, 2014
CHART: Mining capital crisis continues

To keep the lights on 30% of juniors need to raise money within six months, 59% within a year new survey shows.

What slowdown? Mining equipment market to grow 8.4% a year

Frik Els | November 11, 2014
What slowdown? Mining equipment market to grow 8.4% a year

Mining equipment market to grow at compound annual rate of 8.42% to $134 billion through 2019 surpassing the market for construction equipment.

Frank Holmes' advice to investors? Chill

The Gold Report | November 11, 2014
Photo of the big mine truck and dredge

Find out about the indicators Holmes watches to read the market's pulse, and why a +/- 35% move for gold doesn't keep him awake at night.

Weak oil price, currencies helping miners stay afloat

Frik Els | November 11, 2014

A simple rule of thumb is that price changes have a two-to-one impact on the bottom line, while cost changes have a one-to-one impact.

Another key approval for the uranium market

Oilprice.com | November 10, 2014

I discussed last week about the municipal approval of restarts for two nuclear reactors in Sendai, Japan. With one of the knock-on items to watch for being further approval from the regional government here. We didn’t have to wait long.

Uranium gets a catalyst

Morning Star Online | November 10, 2014
Nuclear power plant

Good news arrived last week for moribund uranium markets and miner Cameco after Japan approved what will be the first restarts of its dormant reactor fleet.

Tommy Humphreys

Two explosive uranium charts to keep an eye on

Tommy Humphreys | November 10, 2014
Two explosive uranium charts to keep an eye on

The uranium space caught some attention last week after an important vote in Japan opened the door for nuclear reactor restarts.

Could gold equities bottom at 2008 credit crisis lows?

This is not a time to panic but continue to accumulate as the bear market may be reaching the final capitulation stage.

Colin Healey: suppressed uranium price shouldn't keep hedged producers and promising explorers down

The Mining Report | November 4, 2014
nexgen energy down amid weak uranium prices feat

Near-term oversupply is suppressing uranium prices but there are signs of upside movement, says Colin Healey, research analyst with Haywood Securities.

Mining the Antarctic a big no-no

Cecilia Jamasmie | November 3, 2014
Mining the Antarctic a big no-no

Costs and challenges for mining the Arctic, meanwhile, on their way up.

Mick the Miner in talks to buy Anglo’s assets, no deal tabled

Cecilia Jamasmie | November 3, 2014
Mick the Miner in talks to buy Anglo’s assets, no deal tabled

Sources close to X2 Resources, Davis' new company, have cast doubts on reports that the firm had made an offer.

BHP’s Olympic dam expansion off agenda until prices improve

Cecilia Jamasmie | October 31, 2014
BHP’s Olympic dam expansion off agenda until prices improve

The miner blamed low metals prices and productivity inefficiencies for the decision.

Russia pushes forward plans to mine the moon

Cecilia Jamasmie | October 28, 2014
Russia is seriously advancing plans to mine the moon

The country's ultimate purpose is to extract rare earth elements, breaking China's dominance and pushing prices down.

Are uranium stocks being unfairly punished?

Sprott Thoughts | October 27, 2014

Uranium stocks are becoming collateral damage in the sell-off in oil over the last couple of months.

INFOGRAPHIC: The basics – creating a stock portfolio

Visual Capitalist | October 27, 2014

With a well-rounded portfolio, it makes it easier to sail through turbulence in the market and come out on top.

BHP to sell US shale assets, limit annual capex to $14 billion

Cecilia Jamasmie | October 27, 2014
BHP to sell US shale assets, limit annual capex to $14 billion

The world’s biggest miner unveiled details about how it expects to meet cost-reduction and productivity improvement targets.

SNL Energy: Illinois nuclear plants in jeopardy

SNL Energy | October 24, 2014
Nuclear power plant

Exelon nuke closures would take a bite out of Illinois baseload power.

Citibank acquires Deutsche commodities trading book

Cecilia Jamasmie | October 21, 2014
Citibank acquires Deutsche commodities trading book

Tough regulations and worries about reputation have made trading commodities a source of worries for bank bosses.

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