Uranium News

Uranium mining, investment and price news

Uranium picks up on Asia’s renewed appetite for nuclear energy

Cecilia Jamasmie | December 18, 2014
Uranium picks up on Asia’s renewed appetite for nuclear energy

China’s increased reliance on nuclear energy and Japan restarting its reactors are only two of the factors driving prices up.

Mining stocks rally across the board

Frik Els | December 18, 2014
Mining stocks rally across the board

Huge advances in all sectors from potash and uranium to copper and gold led by a 10% surge in diversified Canadian heavyweight Teck Resources.

Canadian First Nations arrive in Montreal after 850km march against uranium mining in Quebec

Cecilia Jamasmie | December 15, 2014
Canadian First Nations arrive in Montreal after 850km march against uranium mining in Quebec

Group delivers message to the province’s environmental protection watchdog on final day of hearings into uranium extraction and exploration.

Canada's Strateco sues Quebec for $190M over blocking uranium project

Canadian Press | December 15, 2014

The Quebec mining company is seeking such compensation for the investments it made in a uranium project before the province blocked it last year from moving to the next stage.

China’s nuclear giant grabs majority stake in UK wind farms

Cecilia Jamasmie | December 15, 2014
China’s nuclear giant grabs majority stake in UK wind farms

The deal marks China General Nuclear Power's first big acquisition of onshore wind generating capacity in the west.

Rob Chang spins yellowcake into gold and gold into green

The Mining Report | December 10, 2014
France's Areva expects uranium prices to rebound

The long winter of falling uranium prices is about to give way to a Japanese spring.

Forget ‘NewCo’: BHP Billiton spin-off named South32

Cecilia Jamasmie | December 8, 2014
Forget ‘NewCo’: BHP Billiton spin-off named South 32

The waiting game is over. BHP Billiton has named its Perth-based spin-off company, appointing Graham Kerr as its chief executive.

US mining can't find workers fast enough

Frik Els | December 5, 2014
US mining can't find workers fast enough

More than 36% of the jobs in mining and logging stay open for longer than three months.

China’s rising: best investment vehicle to make money from it

Daily Gains Letter | December 5, 2014
car_china_auto_vehicle copy

While China is struggling with its gross domestic product (GDP) growth metrics, the country’s main stock market—the Shanghai Composite Index (SCI)—is easily outperforming the S&P 500 and NASDAQ.

Azarga primed to ride uranium revival

CEO.CA | December 2, 2014

Alexander Molyneux grew up with one foot in Australia and the other in Hong Kong, so he had a front-row seat to the rise of Asia and the demand for energy in a rapidly growing world.

Did a tough stance on rare earth minerals cost the opposition the Greenlandic election?

Copenhagen Post | December 1, 2014
Greenland lifts ban on uranium mining

Greenland's ruling Siumut party narrowly won Saturday's elections that were called two months ago when its leader, the former premier Aleqa Hammond, was forced to resign amid allegations that she misused public funds.

Uranium price rally – on pause

Mineweb | November 30, 2014

Swinging wildly. That best describes the spot price of uranium – and uranium equities – over the past couple weeks.

Mining group appeals ban on new Grand Canyon mines

Associated Press | November 30, 2014

Two mining industry groups have appealed a federal judge's ruling upholding an Obama administration ban on new hard-rock mining claims on more than one million acres near the Grand Canyon.

Mining equipment suppliers caught in vicious spiral

Frik Els | November 26, 2014
Mercedes Benz lifts dump truck 333

Already clobbered by the mining sector's woes, the crude oil slump could't come at a worse time for the resources equipment and services industry.

Wyoming a step closer to self-regulating uranium industry

Cecilia Jamasmie | November 25, 2014
Wyoming a step closer to self-regulating uranium industry

The state's industry is currently regulated by The Nuclear Regulatory Commission.

Glencore-Rio merger will happen hedge funds told

Frik Els | November 25, 2014
finance_businessman_london_newspaper_bowler_hat

Ian Hannam, the once and future king of mining M&A, is swinging for the fences with his new boutique advisory firm reports Bloomberg.

Germany begs Sweden for more coal

Frik Els | November 24, 2014
nuclear 333

Germany's phasing out of nuclear power and clean energy plans aren't going so well.

Canadian First Nations march to demand ban on uranium exploration in Quebec

Cecilia Jamasmie | November 24, 2014
Canadian First Nations march to demand ban on uranium exploration in Quebec

They plan to arrive in Montreal on Dec. 15, the final day of hearings on uranium development by Quebec’s environmental watchdog.

Uranium spot price plummets as buyers exit market

Financial Post | November 24, 2014
David Sadowski Are you ready for upward pressure on uranium prices

Remember way back to last week when there was so much excitement about the rallying uranium price? Uh, yeah. So do we. Unfortunately, the market has taken a serious turn for the worse.

Goldman Sachs getting out of coal, uranium

MINING.com Editor | November 24, 2014
Wall street sign mining

Goldman Sachs, the biggest trading firm on Wall Street, will wind down its uranium trading business and may sell its coal mine subsidiary in Colombia, according to a Senate report released last week.

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.

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