May 1, 2019

World’s top uranium miner Cameco swings to loss in first quarter

The uranium producer logged a C$18.3 million loss in the first quarter of 2019, compared with a profit of C$57.8 million a year ago.

April 29, 2019

NexGen begins Rook I environmental assessment

The environmental assessment will be co-ordinated among NexGen and the two governmental bodies.

April 26, 2019

Australia approves Cameco’s controversial uranium mine

Developing Yeelirrie, one of Australia’s biggest undeveloped uranium deposit, will depend on market conditions, said the company.

April 24, 2019

Top miners back autonomous systems guidelines

The document divides operations into six levels, from zero (entirely manual) to five (fully autonomous), and assists in the preparation of a business case for autonomous mining, depending on level…

April 24, 2019

ALX executes agreement to earn 51% interest in the Close Lake uranium project

ALX and Orano are on the verge of initiating a multi-year exploration program with the goal of locating a new, high-grade uranium deposit in the Athabasca Basin.

April 22, 2019

Australian mining group asks government to repeal nuclear power ban

The Minerals Council of Australia issued a communiqué following Scott Morrison’s comments where he said he would be okay with receiving proposals from the nuclear energy industry.

April 15, 2019

US agency submits uranium import probe to White House

The probe was prompted by a petition filed by two uranium mining companies, complaining that subsidized foreign competitors have caused them to cut capacity and lay off workers.

April 15, 2019

Fission Uranium tables PFS for Patterson Lake South

The PFS assigns the project a $693m after-tax net present value at an 8% discount rate and a 21% after-tax internal rate of return.

April 11, 2019

Cobalt, uranium and silver prices expected to rally in 2019

But the iron ore price surge won't last says new survey of commodity analysts.

April 9, 2019

Purepoint completes initial fieldwork at Hook Lake

The project lies on the southwest edge of the Athabasca Basin in the Patterson uranium district.