May 28, 2012

BHP must start Olympic Dam work by year-end, minister says

BHP Billiton Ltd. (BHP), the world’s biggest mining company, will lose the right to proceed with the $33 billion Olympic Dam copper-uranium expansion in Australia if it doesn’t start work…

May 25, 2012

Forsys Metals plans bigger Namibia uranium mine

Canada's Forsys Metals Corp says it may be able to boost its uranium reserves in Namibia by 30 percent as it consolidates its two projects in the southern African nation…

May 22, 2012

Olympic Dam Taskforce CEO to doubters: We’re planning 10,000-strong village, already building airstrip for 737s

The copper-uranium-gold-silver project has a 100 year mining life, so a glitch this year was unlikely to sway a company that thinks well ahead, the CEO of the Olympic Dam…

May 19, 2012

Junior resource investment in a financial meltdown – the Good, the Bad and the Ugly

Rick Rule's presentation at the New York Hard Assets Conference earlier this week sees some light for the informed junior resource investor despite current patterns which have mostly been Bad…

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…