June 14, 2012

Uranium focus as reactors restart

June 14, 2012

Judge issues ruling in case challenging issuance of radioactive materials license for Pinon Ridge Mill

Energy Fuels announced today that Denver District Court Judge John N. McMullen ruled in favor of the Colorado Department of Public Health and Environment and Energy Fuels, Inc. on the…

June 13, 2012

Coal’s good year and uranium’s worst year

Last year coal was the the only fossil fuel to record above average worldwide growth at 5.4%, while nuclear power consumption was off 4.3%, the largest decline on record, said…

June 13, 2012

BHP’s already eye-watering Olympic Dam expansion bulked up again

World number one miner BHP Billiton on Wednesday bought additional exploration plots near its Olympic Dam mine and $30 billion expansion project.

June 10, 2012

Another company attempts to block First Uranium’s asset sale

First Uranium's (TSE:FIU) plan to sell some of its South African assets was thrown into further disarray after Kumvest (Pty) Ltd. offered to buy First Uranium in order to block…

June 8, 2012

Funding increased for Yucca Mountain review

An additional $10 million in funding has been approved for the Nuclear Regulatory Commission (NRC) to complete its review of the licence application for the Yucca Mountain repository. Last year,…

June 8, 2012

Canadian government of Nunavut allows uranium mining

Announced yesterday, the government of Nunavut is in favour of uranium mining on the condition that the radioactive ore be used for peaceful and environmentally responsible purposes only.

June 7, 2012

Kloppers clobbers capex: Forget Olympic Dam and Jansen, BHP is now even cutting back iron ore

“The economics of some of these projects has changed,” he said. “I think for the next two years, 18 months perhaps, we will just wait and see how things develop.”

June 7, 2012

10-year review critiques the mining industry’s sustainability

The IIED report urges the sector to move from improving its standards in principle to actually implementing them in practice.

June 6, 2012

Global mining industry profits and shares went different ways in 2011: PwC

Consulting firm says the top 40 global mining firms earned a record profit of $133 billion last year driven mainly by iron ore, however their market capitalization fell by 25%.