May 18, 2012

One step closer to a better US permitting process

Yesterday, the House Committee on Natural Resources passed H.R. 4402, the National Strategic and Critical Minerals Production Act of 2012. The bill, offered by Rep. Amodei (R-Nev.), received strong support…

May 17, 2012

Paladin’s Malawi mine still not at full production after strike

Full production at ASX- and TSX-listed Paladin Energy’s Kayelekera uranium mine in Malawi eluded the company’s grasp as workers continued to strike, it said on Thursday.

May 17, 2012

Uranium Energy Corp acquires Channen Exploration Project in South Texas

Uranium Energy Corp. has acquired the rights to explore for uranium on the Channen Project, a 10,704-acre property located in southern Goliad County, Texas.

May 16, 2012

Falling off the supercycle: BHP puts the brakes on capex, stock hits 3-year low

“Where the industry previously lacked investment opportunities and choice, it now has more projects than cash flows. All of us in the industry are having to make choices.”

May 16, 2012

AREVA and Mitsubishi co-operate on Australian uranium exploration

AREVA and Mitsubishi Corporation, through their respective subsidiaries Afmeco Mining and Exploration Pty Ltd (AFMEX) and Mitsubishi Development Pty Ltd (MDP), have decided to work together in a uranium exploration…

May 14, 2012

Canadian Cameco to buy German nuclear fuel company Nukem for $136 million

Canadian company Cameco, the world's largest uranium miner, has signed a deal to buy Nukem Energy, a German company that trades nuclear fuel products and services, for $136 million in…

May 11, 2012

Why Canada’s deal with China could spark a uranium exploration boom

The fast-growing nuclear industry has never been open to China and will create a boom in Canada’s Athabasca Basin for uranium explorers.

May 11, 2012

Uranium prices to hit rock bottom this year

With the price of uranium down about 25% from levels reached before the Japanese earthquake and nuclear disaster in Japan last year, the least the industry wanted to hear was…

May 10, 2012

The commodity megatrend

Commodities have experienced a renaissance after the bursting of the internet bubble at the end of the 20thcentury. The new and long-term upward trend began with most commodities in late…

May 9, 2012

Wall vs Mulcair: Saskatchewan premier defends mining, oilsands

Trading barbs over the allocation of resource revenues is a blood sport in Canada, and the latest contenders are newly minted NDP leader Thomas Mulcair and Saskatchewan Premier Brad Wall.