December 13, 2018

Eskom debt swap not an option – South Africa’s Ramaphosa

Eskom, which has implemented power cuts due to coal shortages and poor plant performance, said it wants the government to take on $7 billion of its debts.

December 12, 2018

Hook Lake JV to spend $3m for 2019 exploration

Hook Lake is owned jointly by Cameco Corp. (39.5%), Orano Canada (39.5%) and Purepoint Uranium Group (operator and holder of a 21% interest).

December 12, 2018

Fission 3.0 seeks more shallow, high grade mineralization

Fission 3.0 Corp. is preparing to drill 4,400 metres at four high priority targets – Wales Lake, Patterson Lake North, Key Lake and Cree Bay (two holes).

December 12, 2018

Global bankers spurn Trump’s pleas to keep making loans for coal

Given the economics and how the conversation around coal has shifted, you might as well try to push these banks into rotary phones or horse-drawn carriages.

December 12, 2018

Gupta’s South African mining assets attract $215m bid

Project Halo will buy Optimum Coal Mine (Pty) Ltd, Koornfontein Mines (Pty) Ltd and Optimum Coal Terminal (Pty) according to the term sheet seen by Bloomberg.

December 11, 2018

Uranium price: best performer of 2018 set for more gains

New report forecasts sustained structural deficit for uranium market and more gains for uranium price, up more than 20% this year.

December 11, 2018

West McArthur JV sets aside $2.4m for 2019 drilling, geophysics

CanAlaska is 70% owner and operator of Joint Venture with Cameco.

December 11, 2018

President Trump’s coal comeback keeps falling short

In the grand scheme of things, even the 2,500 coal-mining jobs added since Trump took office in January 2017 really don’t amount to much.

December 11, 2018

Big coal wants consumers to pay for fixing its pollution problem

"CCS is a get-out-of-jail card and a great business opportunity,” - Michael Liebreich, founder of Bloomberg NEF research group.

December 11, 2018

Anglo ending 2018 on high note, predicts higher output, lower costs

The diversified miner anticipates 2018 production to be 2% ahead of previous guidance and costs to be 5% below.