JV Contract Awarded for Swakop’s Namibian Project
Uranium – Mining Weekly reported that Tenova Bateman’s sub-Saharan Africa division has been awarded the JV contract for Swakop Uranium's Namibian project.
Articles Tagged "Uranium News"
Strateco Resources Forced into $87 Million Impairment Charge after March Moratorium
Uranium – Mining Weekly reported that a Quebec moratorium on uranium exploration and mining during the month of March has forced Strateco Resources to take an $87 million impairment charge, as its flagship Matoush uranium project was idle.
Uranium Industry Still Under Pressure: Gitzel
Uranium – The Star Phoenix reported that although the Fukushima disaster was 26 months ago, the uranium industry is still feeling the impact of depressed prices and mounting costs, according to Cameco CEO and President Tim Gitzel. As quoted in the Star Phoenix report: It is certainly no secret 2012 was a challenging year and 2013 has begun much the [...]
Uranium One Reports $9.5 Million Net Loss in Q1
Uranium – Mining Weekly reported that, despite an increase in first quarter production, Uranium One announced a $9.5 million net loss in Q1.
Australian Government’s Employment, Economic Reasoning Behind UAE Uranium Sales May be Flawed
Uranium – The Sydney Morning Herald is questioning Australia's decision to sell uranium to the United Arab Emirates, given its record on democracy and because of its political volatility.
Swakop Uranium Breaks Ground on Significant Namibian Deposit
Uranium – Mining Weekly reported that Swakop Uranium has broken ground on what is expected to be the world's third largest uranium deposit.
Grand Canyon Uranium Mine Could Re-Open Within Two Years, Despite Obama’s Hard-Rock Mining Ban
Uranium – Greener Ideal reported that, despite Obama's ban for most hard-rock mining in 2012, Energy Fuel Resources' uranium mine, located in the Grand Canyon could be operational again within the next two years. As quoted in the market report:
Quebec Government Throws Support Behind Northern Resource Development
Uranium – Mining Weekly reported that Quebec government has pledged financial support for a number of projects and infrastructure, but the Cree Nation of Eeyou Istchee is insisting on consultation and consideration of the impact on their community. Meanwhile, the government is still having to deal with outstanding regulatory issues, including companies waiting for permission to proceed with uranium projects. As quoted in the Mining Weekly report:
Uranium Resources Announces Inferred Resource of 3.6 Million Tonnes at Mtonya
Uranium – Mining Weekly reported that Uranium Resources has finished a maiden resource estimate for its Mtonya play project, in Tanzania, which determined an inferred resource of 3.6-million tonnes.
EU to Talk with Iran Over Controversial Nuclear Program on May 15
Uranium – Reuters reported that representatives from the EU are scheduled to meet with representatives from Iran to talk and negotiate on Iran's controversial nuclear program on May 15.
