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Uranium

An image of the Etango uranium project in Namibia
Bannerman Energy appoints Bruce McFadzean as nonexec director
18th November 2024 By: Tasneem Bulbulia

ASX-listed Bannerman Energy has appointed Bruce McFadzean as a nonexecutive director, effective November 18. McFadzean is a mining engineer with over 40 years of mining and process experience... 


France's Orano warns of financial problems at Niger uranium plant Somair
15th November 2024 By: Reuters

French nuclear fuels company Orano warned on Friday of a "deteriorating financial situation" at its Somair uranium plant in Niger, whose board it said had sought a temporary halt on expenditures... 


The Lance uranium project will restart production before the end of next month.
Peninsula Uranium CEO plans to step down
15th November 2024 By: Mariaan Webb

Australia-based Peninsula Energy has confirmed that its MD and CEO, Wayne Heili, will step down next year, triggering the start of a formal succession planning process. Heili’s decision comes as... 


Lotus completes its drilling programme at Letlhakane
12th November 2024 By: Darren Parker

ASX- and OTCQX-listed Lotus Resources has completed its infill and exploration drilling programmes at the Letlhakane uranium project, in Botswana. The company reported on November 12 that it had... 


The Langer Heinrich mine in Namibia
Paladin shares plunge after lowering Langer Heinrich guidance
12th November 2024 By: Mariaan Webb

Uranium producer Paladin Energy’s share price plunged nearly 30% on Tuesday after the Australian miner revised down its production forecast for the Langer Heinrich mine in Namibia. The company... 


UEC places nearly $1bn value on Canada's Roughrider uranium project following PEA
UEC places nearly $1bn value on Canada's Roughrider uranium project following PEA
11th November 2024 By: Mariaan Webb

NYSE-listed Uranium Energy (UEC) has released a preliminary economic assessment (PEA) for its Roughrider uranium project in Canada, valuing the asset at nearly $1-billion. The project, which UEC... 


Stallion sheds antimony project to focus on Athabasca uranium
Stallion sheds antimony project to focus on Athabasca uranium
11th November 2024 By: Mariaan Webb

TSX-V-listed Stallion Uranium has announced an agreement to monetise a portion of its antimony and gold project in Idaho, US, to focus exclusively on its vision of making “the next big uranium... 


The Wheeler River camp
Federal review of Phoenix project nearing completion – Denison
8th November 2024 By: Mariaan Webb

Canadian uranium company Denison Mines is advancing engineering and regulatory efforts for its planned Phoenix project in Saskatchewan, targeting a final investment decision by mid-2025. This will... 


Crushing and grinding plant at Kayelekera
Funding in place for Lotus to restart Kayelekera production
6th November 2024 By: Darren Parker

The successful placement of A$130-million, along with A$25-million cash on hand at the end of September, as well as an imminent share purchase plan (SPP), have ensured that ASX- and OTCQX-listed... 


Energy Fuels sees FY uranium output at lower-end of guidance
Energy Fuels sees FY uranium output at lower-end of guidance
4th November 2024 By: Mariaan Webb

US-based uranium producer Energy Fuels expects production for 2024 to fall at the lower end of its previously guided 150 000 lb to 500 000 lb of uranium oxide (U3O8), owing to delays in... 


Aura appoints Mauritania country manager
4th November 2024 By: Darren Parker

ASX- and Aim-listed Aura Energy has announced the appointment of Mohamed El Moctar Mohamed El Hacene to the newly established role of country manager Mauritania. Hacene is a qualified Mauritanian... 


Neo Energy says paperwork for Henkries South acquisition will be completed by month-end
25th October 2024 By: Darren Parker

Uranium developer Neo Energy Metals has said the formal acquisition documentation for its acquisition of the Henkries South uranium project, in the Northern Cape, is progressing as planned and is... 


Kal Tire VP Southern Africa John Martin
ESG targets are prioritising the need for mining tyre circularity
24th October 2024 By: Martin Creamer

Stockpiles of mining tyres are beginning to weigh heavily on the environmental, social and governance (ESG) targets of mining companies. Large tyre accumulations visible at some mining operations... 


The Kayelekera uranium mine
Lotus receives firm commitments to raise A$130m to support Kayalekera restart
24th October 2024 By: Creamer Media Reporter

ASX-listed Lotus Resources has successfully completed its bookbuild for a non-underwritten two-tranche placement to raise A$130-million, or $87-million, at A$0.25 a share to support the accelerated... 


IsoEnergy and Purepoint form Athabasca Basin exploration JV
23rd October 2024 By: Creamer Media Reporter

Toronto-listed IsoEnergy has announced the formation of a joint venture (JV) with TSX-V-listed Purepoint Uranium to explore in the Athabasca basin of Saskatchewan. Both companies will contribute... 


INB'S Engenho uranium mine
Brazil seeks to woo partners in revived ambition to uncover uranium riches
23rd October 2024 By: Bloomberg

Brazil is looking to attract mining companies to help revive the country’s uranium exploration and production efforts as the world signals renewed appetite for nuclear power. Latin America’s... 


Former Gullick South Africa Technical Manager Terry Hamilton (right) interviewed by Mining Weekly's Martin Creamer.
Water power is there for the taking in many underground mines
22nd October 2024 By: Martin Creamer

Water power is there for the taking across a broad spectrum of many of South Africa’s hard-rock underground mines. At a time of high electricity prices, the availability of cooling reservoirs at... 


Uranium oxide
Türkiye eyes Niger mining projects amid competition for uranium
22nd October 2024 By: Bloomberg

Türkiye and Niger signed a provisional pact to boost cooperation in mining, a sign of closer ties between the countries as new powers jostle for access to the West African nation’s uranium... 


Havilah sells uranium assets to Heavy Rare Earths
21st October 2024 By: Mariaan Webb

ASX-listed Heavy Rare Earths (HRE) on Monday announced a binding term sheet with fellow-listed Havilah Resources to acquire a portfolio of uranium exploration assets in the Curnamona province of... 


Primary uranium supply ‘way behind’ rapidly growing demand – Yellow Cake CEO
Primary uranium supply ‘way behind’ rapidly growing demand – Yellow Cake CEO
21st October 2024 By: Creamer Media Reporter

London-listed Yellow Cake, a company focused on providing exposure to the uranium spot price, remains optimistic about medium-term sector fundamentals despite current subdued uranium prices. In a... 


BME MD Ralf Hennecke
Omnia Holdings offering broader value proposition through BME mining segment
21st October 2024 By: Martin Creamer

Leading mine blasting solutions provider BME today announced a new alignment with Protea Mining Chemicals, which provides one point of contact for two solutions through the BME brand. In this... 


US awards contracts for making higher enriched uranium for new reactors
18th October 2024 By: Reuters

The US rolled out initial contracts to four companies hoping to produce a new, more highly enriched uranium fuel for an expected wave of high-tech reactors, the US Energy Department said on... 


UEC expands production capacity at Wyoming plant
UEC expands production capacity at Wyoming plant
18th October 2024 By: Mariaan Webb

US-based Uranium Energy Corp (UEC) has received approval from the Wyoming Department of Environmental Quality to increase the licensed production capacity at its Irigaray central processing plant... 


Greenvale buys new uranium project in NT’s Arunta region
16th October 2024 By: Creamer Media Reporter

ASX-listed Greenvale Energy has enhanced its Australian energy portfolio with the acquisition of a new uranium project in the eastern Arunta region of the Northern Territory. Greenvale will... 


Uranium concentrate
GoviEx demonstrates high recovery rates using simple heap leaping for Muntanga project
16th October 2024 By: Marleny Arnoldi

TSX-V-listed GoviEx Uranium has completed an extensive metallurgical testwork programme at Mintek, in South Africa, which aimed to demonstrate the viability of the company’s heap leach process for... 


Anglo American solar, hydrogen plant at Mogalakwena.
Responsible mining promoted in new global standard initiative
16th October 2024 By: Martin Creamer

Four global metals and minerals mining organisations on Wednesday published a draft consolidated standard that covers a wide range of topics related to responsible mining practices. The Copper... 


ENRG Elements granted permit renewals for Niger project
16th October 2024 By: Tasneem Bulbulia

ASX-listed ENRG Elements has secured a three-year renewal of the three granted exploration permits that make up its 100%-owned Agadez uranium project, in Niger. The exploration permits, covering... 


Bannerman's Etango project
Bannerman confident about market conditions, cash flexibility as it nears final investment decision on Etango
16th October 2024 By: Marleny Arnoldi

ASX-listed Bannerman Energy says it is progressing towards a final investment decision on the Etango uranium project, in Namibia, with a strong cash position and favourable market conditions. The... 


Drone image of the Lance project facilities on October 9.
Lance uranium on track for December restart
16th October 2024 By: Creamer Media Reporter

The Lance uranium project, in Wyoming, remains on track to restart production in December, owner Peninsula Energy reported on Wednesday. Lance is one of the biggest uranium in-situ recovery... 


Rio Tinto to take control of ERA for Ranger rehabilitation
Rio Tinto to take control of ERA for Ranger rehabilitation
15th October 2024 By: Mariaan Webb

The Takeovers Panel has upheld its decision to dismiss objections from minority shareholders of Energy Resources of Australia (ERA), allowing Rio Tinto to gain full control of the company through... 


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