Uranium News

Uranium mining, investment and price news

Fission hits off-scale on land, 555m west of Triple R

Fission Uranium | March 1, 2015

High-grade, shallow depth, wide mineralization.

Massive drop in mining exploration funding in Western Australia, survey finds

ABC News | February 25, 2015

Mining companies in Western Australia have massively reduced their exploration budgets, a new survey has found.

South Africa drops out of top 10 in Africa for mining investment

Frik Els | February 24, 2015
South Africa drops out of top 10 in Africa for mining investment

Namibia and Botswana top the latest mining investment attractiveness index for the continent and move into top 25 worldwide.

Cecilia Jamasmie

BHP pins hopes on spin-off South32

Cecilia Jamasmie | February 24, 2015
BHP pins hopes on spin-off South32

In the second half of 2014 the businesses bound for South32 generated $5bn worth of revenue and almost $890m of earnings before interest and tax.

Fipke, Ulansky take uranium hunt outside the Basin

CEO.CA | February 24, 2015
Arctic road mining

Chad Ulansky cut his teeth on Ekati, Canada’s first diamond discovery, but it’s uranium that he’s hunting for now in Canada’s frozen North.

Canada’s Saskatchewan second only to Finland as world’s top mining destination

Cecilia Jamasmie | February 24, 2015
Canada’s Saskatchewan second only to Finland as world’s top mining destination

The potash and oil-rich province was placed at the top of the Fraser Institute's annual rank of mining companies.

South Australia govt backs uranium mining

Yahoo! | February 23, 2015
Rio Tinto in talks to ship uranium to India

The draft terms of the reference for SA's royal commission into the role of nuclear power should investigate the costs of uranium mining, conservationists say.

Uranerz expands Wyoming uranium project

World Nuclear News | February 23, 2015

Nineteen new wells have been added to Uranerz's Nichols Ranch in situ leach (ISL) uranium project and work is under way to develop a fifth header house and associated wellfield at the Wyoming site.

Chinese firm close to start mining uranium in Namibia

Cecilia Jamasmie | February 21, 2015
Chinese firm close to start mining uranium in Namibia

Once fully operational, the Husab mine will have the potential to produce 15 million pounds of uranium oxide.

Video: John Kaiser proposes a new system for financing junior miners

CEO.CA | February 20, 2015
Colleen - Two small explorers, exploration, Juniors, hiking, trail blazing, heading out 333

Kaiser believes the easiest way to bolster the sector, which exists to provide capital to find and develop new mines, is to abolish Accredited Investor Exemption rules that currently restrict non-rich people from giving money directly to the treasuries of these companies.

Australian uranium 'could end up in India’s nuclear weapons program'

The Guardian | February 15, 2015

Australian uranium could end up in India’s nuclear weapons program thanks to concessions the Abbott government made in the deal between the two countries, two nuclear experts have warned.

"We haven’t seen capitulation in natural resources yet"

Sprott's Thoughts | February 13, 2015

During a period of polarizing precious metals and industrial commodity pricing, Rick Rule, Chairman of Sprott U.S. Holdings was kind enough to share a few comments—opining on global counterparty risk, resource capital markets, capitulation, and more.

Visual Capitalist

INFOGRAPHIC: Project generators: exploration risk for less cost

Visual Capitalist | February 12, 2015
Drill rig on minesite in Western Australia

In a bear market for junior miners, exploration capital can be hard to come by.

Glencore slashes capital spending as commodity prices bite

Sydney Morning Herald | February 12, 2015
Anglo American tries again: submits plan to expand coal mine in Australia

Glencore has slashed spending for this year by up to $US1.4 billion amid a rout in commodity prices, and will spin-off its stake in the unwanted South African platinum producer Lonmin inherited in its merger with Xstrata two years ago.

Willingness to explore the facts about nuclear energy shows Australia is waking up

World Nuclear News | February 12, 2015
Australia, Brazil to control 90% of global iron ore trade by 2020

World Nuclear Association (WNA) applauds news of a Royal Commission to assess whether South Australia should expand the role of nuclear energy, as announced on Sunday (8 February) by state Premier Jay Weatherill. This will lead to an objective assessment …

The Fed president who owns the most gold

Michael Allan McCrae | February 11, 2015

Platinum and uranium, too.

Hedge against short-term cycles with lithium: Daniela Desormeaux

The Mining Report | February 10, 2015
Takeshi Uchiyamada, Toyota's research chief, shows the company's upcoming all-electric city car.

In this interview with The Mining Report, Desormeaux notes that lithium is less dependent on short-term economic cycles than commodities like oil and copper, and says demand for lithium will grow faster than the global economy.

Cameco profits up by a third on higher commodity prices

MINING.com Editor | February 9, 2015
cameco shutterstock

Additional help from lower exploration expenditures and higher income tax recovery

China just crossed a landmark threshold

Barrick boosts ties with China, names Woo Lee as regional leader

Many are already likening the new Silk Road undertaking to the Marshall Plan

Uranium producer Cameco boosts Q4 profit by 14%

CTV.ca | February 9, 2015

Cameco (TSX:CCO) has reported a double-digit increase in fourth-quarter profits despite a nine per cent drop in revenue.

Visual Capitalist

How junior mining companies hit the reset button

Visual Capitalist | February 6, 2015
mainly bronze bull looking at bear on street - 333

If a junior mining company is in a dire enough situation, they may hit the “reset” button and rollback their stock.

Raymond James analyst's four top picks for the coming uranium upswing

The Energy Report | February 5, 2015
Uranium symbol

Uranium spot prices have shown more life recently, says David Sadowski, mining equity research analyst at Raymond James, and he expects upward pressure to continue as utilities resume buying to meet future needs. In this interview, he tells The Energy Report the time is ripe to invest in uranium company stocks.

State of global economy among the Canadian mining industry’s top issues

Mining Association of Canada | February 4, 2015
Teck profit dives, freezes projects in Canada and Chile

The mining industry employed more than 380,000 people in 2013, accounting for one in every 47 jobs in Canada.

Lots of new fees for hardrock miners in BLM budget

Michael Allan McCrae | February 3, 2015
bureau of land management instituing fees hardrock miners blm

"It will definitely put a lot of marginal producers out of business."

Gwen Preston - Resource Maven

Roundup takeaway 1: outsmart tough odds

Gwen Preston - Resource Maven | January 31, 2015
Confereence - meeting - roundup - speaker - 333

It’s a common stat in the sector: only 1 in 1,000 discoveries becomes a mine. But David Harquail, president and CEO of Franco-Nevada, takes that sobering fact one step farther.

BHP axing up to 300 Olympic Dam jobs

Cecilia Jamasmie | January 30, 2015
BHP axing up to 300 Olympic Dam jobs

The decision caps off a dreadful month for South Australia’s mining sector.

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