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...
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...
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...
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...
$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,...
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...
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...
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...
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...
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...
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...
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...