Uranium News

Uranium mining, investment and price news

Iran brings 13 tons of gold back home after latest round of nuclear talks

Cecilia Jamasmie | July 2, 2015
Iran brings 13 tons of gold back home after latest round of nuclear talks

The nation has successfully repatriated part of its gold holdings that had been frozen as part a number of sanctions imposed by the U.S. and other global powers over its nuclear program.

Mickey Fulp - Mercenary Geologist

Why I am a uranium bull

mainly bronze bull looking at bear on street - 333

Supply destruction.

Mongolia to pay $100 million owed to Canada’s Khan Resources

Cecilia Jamasmie | June 29, 2015
Mongolia to pay $100 million owed to Canada’s Khan Resources

The company, however, says it has not yet received any direct communication from Mongolia on the matter.

Dismal state of TSX-V in two crushing graphs

Frik Els | June 25, 2015
Dismal state of TSX-V in two crushing graphs

Bear market is more than 1,000 days old and nearly 1,200 companies have dropped off the Toronto venture market.

BHP cuts another 140 jobs over abandoned Olympic Dam expansion plans

Cecilia Jamasmie | June 25, 2015
BHP cuts another 140 jobs over abandoned Olympic Dam expansion plans

The cuts at the Adelaide support office for the Olympic Dam operations come about six months after BHP scrapped about 90 permanent positions and 210 contractor jobs.

Australia’s Paladin Energy gets historic ok to run uranium mine in Canada

Cecilia Jamasmie | June 23, 2015
Australia’s Paladin Energy gets historic ok to run uranium mine in Canada

Until now Canadian companies needed to have at least 51% stake in any uranium project.

US regulator drops probe on Gold Fields’ South Deep BEE deal

Cecilia Jamasmie | June 22, 2015
US regulator drops probe on Gold Fields’ South Deep BEE deal

The probe focused on a 2010 deal through which the company gave a 9% of its South Deep mine to a group of black investors in order to meet government’s regulations aimed to boost black ownership.

Visual Capitalist

INFOGRAPHIC: Every Chinese overseas investment over $100m visualized

Visual Capitalist | June 17, 2015
China's stake in rare earths market shrinking

Showing over 1,250 attempted transactions, this list includes both successful and failed attempts in order to visualize the ebb and flow of Chinese investments up until mid-2014.

Mining industry inertia will come at a price

Frik Els | June 16, 2015
Mining industry inertia will come at a price

PwC's John Gravelle on the mining industry's austerity drive, price realities and declining exploration spending.

Chris and Michael Berry: What the boomers got wrong—and right—about natural resource investing

The Gold Report | June 16, 2015
Mining companies lead surge in Canadian IPO market in Q4

The Gold Report, quizzed Chris and Dr. Michael Berry, authors of the Disruptive Discoveries Journal, on how investing has changed over the years in the gold, silver, niche metals and energy space, and what they are investing in today to make sure they survive to see the next cycle.

Rick Rule: When interviewing companies investors should start by asking—"What’s your liquidation value?"

Sprott's Thoughts | June 15, 2015
shutterstock convention 333

Rick Rule, Chairman of Sprott US Holdings, recounts how a small mining event led to a career-changing investment.

Scientists discover bacteria that help with nuclear waste clean-ups

Cecilia Jamasmie | June 15, 2015
Scientists discover bacteria that help with nuclear waste clean-ups

This is the first time scientists have found bacterium that essentially breathes uranium and renders it immobile.

Rio Tinto mulls $300M writedown as uranium mine expansion cancelled

Cecilia Jamasmie | June 12, 2015
Rio Tinto mulls $300M writedown as uranium mine expansion cancelled

Operations ceased at Ranger in 2011 and the underground expansion project was the only hope of future mining at the site.

Toro Halves Debt In $12m Deal With Major Shareholder, The Sentient Group

Toro Energy | June 11, 2015

Uranium developer, Toro Energy Limited is pleased to announce the signing of a binding terms sheet with major company shareholder, The Sentient Group that will enable Toro to repay in full its current A$12 million debt facility provided by Macquarie Bank.

Mine financing: 2015 off to dismal start

Frik Els | June 11, 2015
Mine financing: 2015 off to dismal start

A third of money raised is destined for Canadian projects while Australia's share of global total drops to only 5%.

INFOGRAPHIC: Geopolitical risks are climbing – interstate conflict is top risk in 2015

Visual Capitalist | June 11, 2015
Top forecaster says geopolitics main gold price driver

Over the last decade economic events or environmental issues came out as top risks to the world according to the annual WEF survey. Not this year.

EPA releases EJSCREEN, an environmental justice screening and mapping tool

Today, the U.S. Environmental Protection Agency (EPA) released EJSCREEN, an environmental justice screening and mapping tool that uses high resolution maps combined with demographic and environmental data to identify places with potentially elevated environmental burdens and vulnerable populations.

Uranium got you down? Better days are ahead: Cantor Fitzgerald Canada's Rob Chang

The Energy Report | June 9, 2015

Chang foresees volatility as the 2020 uranium deficit draws closer and demand for the limited stockpile drives the price up.

Momentum: The marker that matters

2014 junior mining forecasts with top analyst picks

The 12 Top Pick companies at the Metals Investor Forum all share an essential trait: momentum. Despite all that the markets have thrown at them, they continue to pragmatically advance their projects towards increased shareholder value.

Most US mining and natural resources jobs lost in six years

Frik Els | June 5, 2015
Most US mining and natural resources jobs lost in six years

Mining and logging was the big exception in Friday's payroll numbers with 18,000 jobs lost in May, the worst month since the global financial crisis.

The world’s top 40 miners saw returns hitting decade-low in 2014 — report

Cecilia Jamasmie | June 4, 2015
The world’s top 40 miners saw returns hitting decade-low in 2014 — report

They shed $156 billion in market value last year, or about 16% of their combined worth, according to PwC.

IMAGE GALLERY: Potash ponds in the Utah desert

Cecilia Jamasmie | June 2, 2015
IMAGE GALLERY: Potash ponds in the Utah desert

To the non-expert eye they may seem a set of mirages, but these turquoise-purple-pink visions are what ground-level potash ponds look like near Arches National Park.

Life hasn’t come back to Canada’s mining sector just yet — report

Cecilia Jamasmie | May 28, 2015
Life hasn’t come back to Canada’s mining sector just yet — report

Mining equities didn’t fare very well in Ernst & Young's most recent Canadian Mining Eye report.

Visual Capitalist

INFOGRAPHIC: Nuclear takes back seat in United States, but drives the bus in China

Visual Capitalist | May 27, 2015
Uranium: China’s chase

The vast majority of nuclear reactors in the US have been steaming along for decades and are approaching their decommissioning date.

China eyes Canadian uranium miners — report

Cecilia Jamasmie | May 26, 2015
China eyes Canadian uranium miners — report

China needs supply for its 22 operating reactors and the other 24 currently are under construction.

New resource drilling commences at Toro's Wiluna Uranium Project in W.A.

Toro Energy | May 25, 2015

The program comprises up to 130 planned shallow drill holes (10-15m deep) for up to 1,600 metres of sonic core drilling across four deposits, Lake Maitland, Centipede, Millipede and Nowthanna.

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