September 7, 2023

Saudi Arabia’s crown prince looks to metals as new source of wealth

Prince Mohammed bin Salman is prepared to pour billions of dollars into tapping the more than $1.3 trillion of metals his government says is buried in the country.

September 5, 2023

Cameco 2023 forecast down at Key Lake, Cigar Lake, McArthur River operations

Total production from operations is forecast to be 30.3 million lb. uranium concentrate (U3O8), down approximately 9%.

September 4, 2023

Iran slows uranium production after secret diplomacy

Iran’s stockpile of highly-enriched uranium grew just 7% in the last three months compared with a 30% increase in the previous quarter.

August 31, 2023

NexGen raises $110 million for Rook I uranium project

Rook I, a proposed new uranium mine and mill development, is the largest development-stage uranium project in Canada.

August 25, 2023

Uranium market turn buoys Kazatomprom H1 profit

The world’s largest uranium producer has for the six months to June reported a 25% year-on-year growth in consolidated revenue.

August 22, 2023

The race to ditch Russian uranium starts in New Mexico’s desert

The $5 billion Urenco plant in Eunice supplies about one-third of US demand for enriched uranium and is in the process of boosting output by 15%.

August 22, 2023

Uranium Energy adds Rio Tinto’s exploration projects to Athabasca portfolio

UEC has added roughly another 18,000 hectares of prospective ground to its existing portfolio of more than 440,000 hectares.

August 22, 2023

Sweden to lift ban on uranium mining

Sweden accounts for 80% of the European Union's uranium deposits.

August 21, 2023

NexGen Energy’s Rook I moves to public review in environmental assessment 

The company submitted the final provincial environmental impact statement to the Saskatchewan Ministry of Environment for the uranium project.

August 10, 2023

Grand Canyon monument won’t stop mining companies’ thirst for US uranium

US President Joe Biden this week named a new federal monument covering nearly 1 million acres near Grand Canyon.