Uranium stocks Articles

RSC Mining and Mineral Exploration partners with Terra Modelling

Nov. 12, 2018, 3:17 PM / MINING.com Editor

RSC Mining and Mineral Exploration (RSC) and Terra Modelling Services (TMS) today announced a co-operation agreement between the two companies to integrate their services.RSC is an international resource development specialist headquartered in Australia, operating in Australasia, Africa, Asia Europe and the Middle East. TMS is a Canadian full-service resource modelling consultancy and exploration...Read More

Tech. & Low Emission Min. Conf. to showcase emerging Aust. battery metals industry

Nov 09, 2018 / Berkay Erkan

Investors and company leaders are gearing up for the Technology and Low Emission Minerals Conference (TLEM) to be held in Perth next week, with the conference boasting an impressive line-up of emerging and established Australian battery metal companies.TLEM features companies producing from or developing projects focused on lithium, graphite, vanadium, cobalt, manganese, magnesium, rare earths and...Read More

Uranium reversal may be close, Purepoint says

November 8, 2018 / Canadian Mining Journal

In one of the few exploration projects it is funding next year, Cameco (TSX: CCO; NYSE: CCJ) and its joint-venture partners Orano Canada and Purepoint Uranium (TSXV: PTU) are planning a 36 km ground-electromagnetic survey and 6,000 metres of diamond drilling at their Hook Lake uranium project in Saskatchewan.Cameco owns 39.5% of the project in the province's Patterson uranium district, with Orano...Read More

US Supreme Court mostly in favour of Virginia's uranium mining ban

Nov. 6, 2018, 9:08 AM / Cecilia Jamasmie

The US Supreme Court seems inclined to support a Virginia law that bans mining at the nation's largest known uranium deposit due to public health and economic reasons, as it begins to hear a challenge to the prohibition brought forward by the owners of the property, with support from the Trump administration.On Monday, the justices considered whether Virginia's moratorium on uranium mining clashes...Read More

NexGen boosts NPV for Rook I to $3.7B

Nov. 5, 2018, 2:44 PM / Canadian Mining Journal Staff

Regional, Rook ISASKATCHEWAN - Vancouver-based NexGen Energy, Wood Group and Rosco Postle Associates have completed the pre-feasibility study for NexGen's Rook I project in the Athabasca Basin. New numbers include a 64% increase in average annual after tax cash flow and a 43% increase in indicated resources compared to the 2017 preliminary economic assessment.The PFS looks at mining the Arrow uran...Read More

URANIUM: NexGen boosts NPV for Rook I to $3.7B

November 5, 2018 / Canadian Mining Journal

A longitudinal section of the Arrow mine plan relative to inferred resources. Red arrows indicate inferred resources not presently included in the mine plan.SASKATCHEWAN - Vancouver-based NexGen Energy, Wood Group and Rosco Postle Associates have completed the pre-feasibility study for NexGen's Rook I project in the Athabasca Basin. New numbers include a 64% increase in average annual after tax ca...Read More

US Supreme Court to decide fate of Virginia's uranium mining ban

Nov. 2, 2018, 7:10 AM / Cecilia Jamasmie

The US Supreme Court will hear on Monday why a group of Virginia miners believe states should not have the right to ban uranium mining for public health reasons, part of a long dispute over a moratorium the state put in place on the radioactive metal in 1982.The bid by a Virginia Energy Resources' subsidiary and other owners of the largest US uranium deposit seeks to revive a lawsuit thrown out by...Read More

As tobacco wanes, a Virginia farmer wants to harvest his uranium

Oct. 31, 2018, 1:33 PM / Bloomberg News

Walter Coles Sr. stood on a hill overlooking the Virginia pasture land that his family has farmed since it was deeded to them by Thomas Jefferson, motioning with a sweep of his hand to the expanse of radioactive treasure buried below."There's uranium everywhere," Coles said of fields that had once been filled with tobacco. The mine would bring hundreds of jobs and tax revenue to an area that's yet...Read More

China's CNNC seeking overseas partners to secure uranium

Oct. 31, 2018, 12:47 PM / Reuters

China National Nuclear Corp (CNNC) is looking to invest in overseas uranium mines to secure supply for an expected ramp-up in China's nuclear power generation, a senior company executive said on Wednesday.China and Japan have been ramping up nuclear power as an alternative to fossil fuels, and rising demand could pull uranium out of a years-long slump that has seen a swathe of projects put on care...Read More

Oct 30 Uranium week: Producers up the Ante

Oct 30 2018 / Greg Peel

Weekly Reports |Oct 30 2018Producer buying appears to be becoming more urgent as spot uranium hits a two and a half year high.-Producer buying continues-Prices continue to rise-Utilities weighing up the situationBy Greg PeelProducers of uranium again moved into the spot market early last week, prompting sellers to back off. Producers are meant to be sellers, but have shut down loss-making producti...Read More

Spend don't splurge, investors tell miners as M&A, capex surges

Oct. 29, 2018, 5:00 AM / Bloomberg News

The world's biggest miners are cranking up spending for the first time in half a decade as well as pursuing more takeovers - and investors are flashing hazard lights as commodities prices slide and as doubts swirl over the outlook.Capital expenditure among the 10 largest metals and mining companies is forecast to advance to about $35 billion this year, the first annual rise since 2013, according t...Read More

URANIUM: Canada Revenue Agency appeals Cameco tax ruling

October 29, 2018 / Canadian Mining Journal

OTTAWA - Late last month the Tax Court of Canada ruled in favour of Cameco (TSX: CCO; NYSE: CCJ) in the company's decade-long dispute with the Canada Revenue Agency over tax reassessments for the 2003, 2005 and 2006 tax years.Now the CRA says it plans to appeal the decision with the Federal Court of Appeal, a process Cameco estimates would take about two years.Decisions of the Federal Court of App...Read More

Canada Revenue Agency appeals Cameco tax ruling

Oct. 26, 2018, 2:56 PM / Northern Miner Staff

Late last month the Tax Court of Canada ruled in favour of Cameco Corp. (TSX: CCO; NYSE: CCJ) in the company's decade-long dispute with the Canada Revenue Agency over tax reassessments for the 2003, 2005 and 2006 tax years.Now the CRA says it plans to appeal the decision with the Federal Court of Appeal, a process Cameco estimates would take about two years.Decisions of the Federal Court of Appeal...Read More

Namibia scraps black ownership rules for mining exploration licences

Oct. 26, 2018, 10:26 AM / Reuters

Namibia has scrapped a requirement for companies seeking mining exploration licences to be partly owned and managed by black Namibians, the country's mining industry group said on Friday.The policy was introduced in 2015 to increase the participation of historically disadvantaged black Namibians in some of the country's most lucrative business projects, but critics said it threatened the diamond a...Read More

Western Uranium & Vanadium to re-open the Sunday Mine Complex

Oct. 25, 2018, 7:27 AM / MINING.com Staff

Western Uranium & Vanadium Corp. (CSE: WUC) announced plans to re-open the Sunday Mine Complex, located in western San Miguel County, Colorado.The complex extends for 3,748 hectares and consists of five individual mines currently in temporary cessation. These are the Sunday mine, the Carnation mine, the Saint Jude mine, the West Sunday mine and the Topaz mine. Last time they were mined was between...Read More

Shikoku Electric restarts Ikata nuclear reactor following failed court challenges

Oct 25, 2018 / Staff reporter

MATSUYAMA, EHIME PREF. - Shikoku Electric Power Co. on Saturday restarted a reactor at its Ikata nuclear power plant after a suspension of nearly one year due to a high court order.The restart of the No. 3 unit at the plant in the town of Ikata, Ehime Prefecture, announced by the power company overnight Friday, came after a high court accepted an appeal by the utility in a late September ruling th...Read More

Caterpillar plummets after flagging tariffs-triggered high material costs

Oct. 23, 2018, 6:42 AM / Cecilia Jamasmie

Shares in Caterpillar (NYSE: CAT), the world's no.1 heavy machinery maker, fell more than 7% in pre-market trading Tuesday, despite the company beating earnings estimates for the tenth time in a row.The stock lost as much as $9.76 by 8:48 a.m. EST, dropping to $118.95, after closing at $128.71 on Monday, the lowest so far this year. The drop followed the mining and construction equipment manufactu...Read More

Oct 23 Uranium week: market uncertain but prices still rising

Oct 23 2018 / Greg Peel

Weekly Reports |Oct 23 2018The uranium spot priced ticked up again last week as Section 232 uncertainty lingers.-232 submissions roll in-Canada bites back-Kazatomprom IPO to proceedBy Greg PeelThe US Department of Commerce Section 232 investigation into US uranium imports from state-sponsored producers remains ongoing, with more than 900 comments now having been received for review. The investigat...Read More

US EPA withdraws proposed Obama-era rule change for uranium mining

Oct. 19, 2018, 1:33 PM / Reuters

WASHINGTON, Oct 19 (Reuters) - The U.S. Environmental Protection Agency said on Friday it has withdrawn a regulation proposed in the last days of the Obama administration that aimed to tighten health and safety compliance rules for uranium miners.On Jan. 19, 2017 - a day before Donald Trump took office as president - the EPA had proposed standards to regulate by-product materials produced by urani...Read More

Spanish environmentalists demand mine closures

Oct. 18, 2018, 5:00 AM / Valentina Ruiz Leotaud

Activist group Ecologists in Action and other organizations visited the European Parliament in Brussels and demanded the closure of all active mines in Spain.Backed by left-wing MP Xabier Benito, the environmentalists organized a conference titled "Mining in Europe: the new extractive challenge." At the forum, they said that mining activities, which in their view have been experiencing a boom in S...Read More