October 16, 2012

Pele Mountain begins 6,500-meter drill program at its Eco Ridge mine rare earth and uranium project

The company announced today the arrival of two drill rigs and the commencement of a 6,500-meter drill program at its Eco Ridge mine rare earths and uranium project at Elliot…

October 15, 2012

More than half of mining execs think industry is on its way up

Mining executives see lots of more sunny days in 2013 with 55% of participants in a recent survey saying they believe their sector will perform better than it did in…

October 12, 2012

Areva mothballs Namibia uranium mine

The price of the nuclear fuel is down 10% in just the last three months.

October 10, 2012

Western Australia a step closer to green-lighting uranium mine

The Western Australian government has issued a key approval for Toro Energy's Wiluna uranium project, bringing the proposed mine a large margin nearer to completion.

October 9, 2012

Gold One fires over 75% of its workers

South Africa's Gold One followed Amplats example and fired Tuesday 1,435 of its 1,900 Ezulwini employees in South Africa, after a week-long illegal strike.

October 8, 2012

Australia’s growth prospects downgraded by IMF on commodities dependence

The International Monetary Fund's 2013 growth forecast for Australia has been moderately reduced due to the country's significant exposure to international commodities markets.

October 5, 2012

Ur-Energy’s Lost Creek project now fully permitted receives record of decision from BLM

- Ur-Energy Inc. is pleased to announce the receipt of the Record of Decision (ROD) from the Bureau of Land Management approving the Plan of Operations for the Company's Lost…

October 5, 2012

Australia plays risky balancing game with Asian suitors bearing FTA’s

Australia faces the parlous challenge of juggling trade relations with the three key East Asian economies, all of whom covet free trade agreements with the antipodean continent in order to…

October 2, 2012

The “boom” might be over but Kiwis still flock to Australia

A record number of skilled New Zealanders involved in trade are leaving their country to take up higher paying jobs in Australia.

September 29, 2012

Latin America poised to become uranium superpower

Uranium exploration and production is on a fast track in Latin American, as investors begin to realize that a few small-cap companies are controlling deposits that could be worth billions…