Areva earned $300 million in US uranium enrichment contracts last year
The announcement comes as the company is laying off about 50 workers in Lynchburg, Virginia, a bit more than half the jobs it has cut in the US as of late.
Latest Stories
Grupo Mexico seen bucking copper slump as analysts recommend buy
Mexico’s biggest copper producer is leveraging its relatively low debt and strong profit margins to invest more than $4.6 billion expanding some of its mines.
Trans Mountain pipeline battle set for NEB hearing today
Brace yourselves Canadians, the pipeline drama is about to heat up again.
MMG’s gigantic Las Bambas mine in Peru makes first copper shipment to China
The company shipped roughly 10,000 tonnes of copper concentrate from Las Bambas from the Port of Matarani to China on Jan. 15.
The world’s southernmost mines
Chile's Invierno coal mine is, by far, the southernmost mine on the planet.
Devastation caused by illegal miners in Peru reaches national reserve
Recently released satellite images show that devastation from illegal gold mining activities in Peru is now reaching the Tambopata National Reserve, an important protected area in the country’s southern Amazon.
Suncor changes strategy to acquire Canadian Oil Sands with $6.6bn friendly deal
After months of hostile rhetoric, the two Calgary-based companies have reached a takeover agreement.
Colombian police begins evicting illegal miners from Continental Gold’s claims
The Canadian miner's Buriticá gold-silver-zinc project is located about 75 km from Medellín, the country’s second largest city.
Greek gold miners prepare to fight Syriza
Move comes as Canada's Eldorado, Europe's largest potential gold producer, announced massive job cuts as a result of government bureaucracy.
