July 4, 2024

GoviEx Uranium has mining licence in Niger revoked, shares plummet

With an expected cost of $343 million, the Madaouela project was poised for development and had started to advance despite the political changes.

July 4, 2024

BHP cuts employee incentives by 20% globally — report

The world's largest listed miner is reportedly paying only 80% of short-term incentives offered in 2023-24, as it missed performance goals.

July 1, 2024

Fulcrum Metals acquires three Saskatchewan uranium projects

The company has a 100% interest in the Charlot-Neely Lake, South Pendleton and Snowbird projects, covering 11,481 hectares. 

June 27, 2024

US to start buying up to $2.7 billion in domestically supplied enriched uranium

Funding was unleashed by legislation, signed by President Joe Biden in May, that also imposed a ban on imports of enriched uranium from Russia.

June 24, 2024

Hedge fund making 20% a year for last decade targets uranium M&A

Melbourne-based L1 Capital’s flagship Long Short Fund is the best performing Australia-based strategy for the last 10 years.

June 24, 2024

Paladin’s uranium deal signals M&A push for rich Canadian deposits

Paladin Energy’s $833 million offer to buy Canadian mining firm Fission Uranium is all about geography.

June 24, 2024

Paladin Energy to buy Fission Uranium for $833 million

The deal comes at a time when prices for uranium, used to fuel most of the world's nuclear reactors supplying 16% of the global energy, have increased significantly last year…

June 20, 2024

Orano says Niger has removed mining permit for its Imouraren unit

The French miner said it remains willing to keep all channels of communication open with the Niger authorities on this subject.

June 17, 2024

Cameco, SaskPower, Westinghouse to explore nuclear reactor tech for clean electricity

SaskPower is expected to make a final investment decision in 2029 whether to proceed with constructing the first SMR facility in Saskatchewan.

June 16, 2024

Orano at risk of losing Niger uranium mine sought by Russia

Imouraren is one of the world’s biggest uranium deposits, with reserves estimated at 200,000 tons.