June 25, 2014

Australia’s newest uranium mine will lose money, won’t create any jobs

Government is touting the Four Mile mine as “the most significant deposit found anywhere in the world in the last 25 years."

June 24, 2014

Brent Cook’s tips for finding juniors that can survive the dust bowl

In this interview with The Mining Report, Brent Cook of Exploration Insights shares the telltale signs of success he looks for in the junior gold, phosphate and uranium sectors and…

June 23, 2014

NexGen Energy down amid weak uranium prices

Expected uranium price increase has failed to materialize.

June 23, 2014

France’s Areva expects uranium prices to rebound

Company acknowledges the short-term outlook is bad.

June 23, 2014

India expands uranium enrichment

India is expanding a covert uranium enrichment plant that could potentially support the development of thermonuclear weapons, a defense research group says, raising the stakes in a regional arms race…

June 23, 2014

Emerging markets firms to lead global mining sector: PwC

Net profits from progressing economies-based miners reached $24 billion in 2013, compared to a net loss of $4 billion for developed market firms.

June 22, 2014

GE acquires Alstom’s power and grid business for US$16.9 billion

Siemens and partner Mitsubishi Heavy Industries came up short.

June 17, 2014

Less correlation among commodities demands more careful selection: Philip Richards

Commodities from coal to gold once traded in close correlation, but today the graph looks helter-skelter.

June 10, 2014

Fresh job cuts at Rio’s Rossing Uranium mine in Namibia

This is not the first time Rio Tinto axes jobs at this mine. In 2013, it sacked 276 workers, following losses on reduced demand for the metal.

June 9, 2014

US Energy Department said to have illegally transferred uranium to private firm

Report claims officials did not have legal authority to transfer millions of dollars worth of uranium resources to the only local company that uses American-developed technology to enrich the commodity.