Category: Uranium

US uranium miners see boost from Commerce Department report

Two uranium mining companies said on Wednesday they are “confident” that U.S. President Donald Trump will implement limits on uranium imports after the Commerce Department recommended urgent steps to boost domestic production of a list of 35 “critical minerals” that...

/ June 6, 2019

Denison Mines begins environmental process for Wheeler River

Denison Mines of Toronto is ready to begin the rigorous environmental impact assessment of its 90% owned Wheeler River in situ uranium project in the Athabasca Basin. Both the Canadian Nuclear Safety Commission and the Saskatchewan Ministry of Environment have...

/ June 4, 2019

Alba to acquire five vanadium, uranium properties in the US

Alba Minerals (TSX-V:AA) announced that it entered into an agreement with Journey Exploration to acquire all of its issued and outstanding share capital. The logic behind the buyout is that Journey holds a 100% interest in five prospective vanadium and...

/ May 14, 2019

Cannabis mania mows down Canada’s junior mining sector

A burgeoning interest in Canada’s emerging cannabis sector, which spiked after recreational use of marijuana was legalized in October, is sucking investment capital away from the mining sector, and hitting juniors hardest, a new study shows. According to BDO’s Sherif...

/ April 30, 2019

$6 billion private capital ready to invest in mining

Private capital tracker Preqin says in an report, that contrary to expectations, 2018 was another bumper year for the industry, particularly for natural resources investments. Fundraising by unlisted funds for investment in natural resources – oil and gas, timberland, farmland,...

/ April 30, 2019

Mining students learn to develop feasibility studies using high-tech solution

Students at the University of British Columbia’s Norman B. Keevil Institute of Mining Engineering are partnering with tech company Riivos Inc. to design their Mine and Plant Feasibility Study capstone projects. The projects are part of their required courses and...

/ April 29, 2019

Niger to pay $14.5m for 10% of GoviEx’s Madaouela uranium project

Niger’s Ministry of Mines issued a letter supporting the negotiations between Canada’s GoviEx Uranium (TSXV: GXU) and the country’s federal government regarding the Madaouela uranium project. Although final documents on their commercial understandings are yet to be signed, the Vancouver-based...

/ April 29, 2019

Purepoint completes initial fieldwork at Hook Lake

Purepoint Uranium Group says it has finished the initial fieldwork at the Hook Lake joint venture. The project lies on the southwest edge of the Athabasca Basin in the Patterson uranium district, between Fission’s Triple R deposit and NexGen’s Arrow...

/ April 28, 2019

Cobalt, uranium and silver prices expected to rally in 2019

A new report by FocusEconomics on the prospects of commodities this year and next paints a mixed picture. The survey of investment banks, institutions and research houses compiled by the Barcelona-based company has good news for long-suffering investors in uranium...

/ April 27, 2019

Fission Uranium tables PFS for Patterson Lake South

Fission Uranium (TSX: FCU) has tabled a prefeasibility study (PFS) for its Patterson Lake South uranium project in Saskatchewan’s Athabasca region, outlining an open pit and underground hybrid operation. It’s working on a preliminary economic assessment (PEA)-level underground only scenario...

/ April 27, 2019

US agency submits uranium import probe to White House

The U.S. Commerce Department has submitted to the White House the results of a national security investigation into uranium imports, a spokesman for the department said on Monday. The “Section 232” probe was prompted by a petition filed by two...

/ April 26, 2019

Australian mining group asks government to repeal nuclear power ban

The Minerals Council of Australia or MCA issued a communiqué calling on the Scott Morrison administration to repeal a current ban on nuclear power. The release followed Morrison’s comments last week on a Tasmanian radio station, where the prime minister...

/ April 26, 2019