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Uranium

Minister of Mineral and Petroleum Resources Gwede Mantashe
South Africa still owns highly enriched uranium, report says
2nd August 2024 By: Bloomberg

South Africa still has a stockpile of highly enriched uranium, Netwerk24 reported, citing Minister of Mineral and Petroleum Resources Gwede Mantashe. The nation declared its holdings of the nuclear... 


NexGen raises cost of Canadian uranium project to $1.6bn
NexGen raises cost of Canadian uranium project to $1.6bn
2nd August 2024 By: Bloomberg

NexGen Energy raised the cost to build its flagship uranium mine in northern Canada, citing inflationary pressures and engineering expenses in a remote region. The company’s Rook I project in... 


Utshalo founder Paul Miller.
Orion’s capital-raising success kindling hopes of greater small-end investment in mining
1st August 2024 By: Martin Creamer

The capital-raising success that emerging copper and zinc mining company Orion Minerals achieved is kindling high hopes that smaller South African shareholders will be facilitated to play a greater... 


Madison Metals strategy officer resigns
1st August 2024 By: Creamer Media Reporter

CSE-listed Madison Metals on Wednesday announced that Ryan Thompson had resigned from his position as chief strategy officer, effective immediately. Thompson would continue to provide advisory... 


Lotus, Malawi government sign mine development agreement for Kayelekera
31st July 2024 By: Tasneem Bulbulia

ASX-listed Lotus Resources has signed a mine development agreement (MDA) with the Malawi government for the Kayelekera uranium mine. The company describes this as a major milestone in the mine’s... 


Lance project under construction
Lance uranium recovery plant modification proceeding on schedule, Peninsula says
31st July 2024 By: Darren Parker

Plant construction and wellfield development activities at ASX- and OTCQB-listed Peninsula Energy and its wholly-owned US subsidiary Strata Energy’s Lance project, in Wyoming, are progressing on... 


Uranium contract prices soar on uncertain supply, AI-led power demand
Uranium contract prices soar on uncertain supply, AI-led power demand
29th July 2024 By: Reuters

Long-term uranium contract prices have hit over 16-year highs on supply uncertainty and higher demand from utilities scrambling to secure the radioactive fuel to aggressively expand their capacity... 


Boss Energy withdraws bid for ERA's Jabiluka uranium site
Boss Energy withdraws bid for ERA's Jabiluka uranium site
29th July 2024 By: Reuters

Boss Energy has withdrawn an offer to buy Energy Resources of Australia's ERA.AX Jabiluka uranium site in the Northern Territory, after a federal government decision to not renew the mine lease,... 


Jabiluka uranium mine to close after Australia rejects bid from Rio Tinto unit
Jabiluka uranium mine to close after Australia rejects bid from Rio Tinto unit
26th July 2024 By: Reuters

Energy Resources of Australia said on Friday the Northern Territory government has rejected its request to renew the uranium mining lease for the Jabiluka deposit. The company, in which Rio Tinto... 


Lotus hits highest-grade intercept at Letlhakane yet
25th July 2024 By: Marleny Arnoldi

ASX-listed Lotus Resources has intersected more uranium mineralisation at the Letlhakane project in Botswana, it confirms in its latest results from 24 holes drilled on site. The company has,... 


Toronto sees ‘win’ in first new foreign miner listing since 2022
Toronto sees ‘win’ in first new foreign miner listing since 2022
25th July 2024 By: Bloomberg

Paladin Energy’s arrival in Canada marks the first time since 2022 that a large foreign mining company will list its shares on the Toronto Stock Exchange, which has seen new corporate listings slow... 


Minerals Council South Africa CEO Mzila Mthenjane.
Minerals Council South Africa supports beneficiation where the economics make sense
24th July 2024 By: Martin Creamer

Minerals Council South Africa, whose members account for 90% of this country's annual mineral production by value, supports beneficiation where the economics make sense. “Therefore, we welcome the... 


IsoEnergy sells Argentina portfolio
23rd July 2024 By: Creamer Media Reporter

Toronto-listed IsoEnergy has sold its Laguna Salada project, in Argentina, as the company maintains a focus on near-term production opportunities in the US and ongoing exploration work in Canada... 


Askari secures A$850 000 funding package to advance its Tanzanian uranium strategy
23rd July 2024 By: Creamer Media Reporter

Southern African exploration company Askari Metals has secured an A$850 000 funding package, comprised of redeemable notes with professional and sophisticated investors, to "aggressively pursue"... 


A map of Deep Yellow's Tumas project in Namibia
Deep Yellow appoints new CFO
23rd July 2024 By: Creamer Media Reporter

ASX-listed uranium project developer Deep Yellow has appointed experienced mining finance executive Craig Barnes to succeed Mark Pitts as CFO, with effect from August 1. Barnes is a Chartered... 


Paladin CEO Ian Purdy
Paladin Energy aims to crack uranium big league with Canadian takeover
18th July 2024 By: Bloomberg

Paladin Energy’s top boss says its takeover of Fission Uranium Corp would make it the third-largest publicly traded uranium producer, offering investors an alternative in a sector dominated by two... 


GoviEx hones in on Zambia project following Niger licence challenge
17th July 2024 By: Sabrina Jardim

TSX-V-listed GoviEx Uranium says that, while it plans to fight for its rights at the Madaouela project, in Niger, the difficulties faced in that country present it with a unique opportunity to... 


Aura’s Tiris uranium project fully permitted for development, operation
15th July 2024 By: Sabrina Jardim

ASX-listed Aura Energy has received the last outstanding material permit to allow the construction and operation of the Tiris uranium project from the Mauritanian government. The company says the... 


Paladin-Fission deal receives Canadian Competition Act clearance
Paladin-Fission deal receives Canadian Competition Act clearance
15th July 2024 By: Mariaan Webb

The acquisition of Toronto-listed Fission Uranium by Sydney-listed Paladin Energy has received Canadian Competition Act clearance, satisfying an important condition for the completion of the... 


Namibian Ministry grants Madison a prospecting licence to expand its Khan mine development
12th July 2024 By: Sabrina Jardim

Uranium exploration company Madison Metals has reported that the Namibian Ministry of Mines and Energy has granted a licence for base and rare metals, industrial minerals, and nuclear fuels for... 


COMRO’s Legacy author Brian Protheroe (right) interviewed by Mining Weekly's Martin Creamer.
Mining’s dormant gold analyser seen as potential gold optimiser with help of today’s tech
11th July 2024 By: Martin Creamer

For 30 years, 800 people at the now defunct Chamber of Mines Research Organisation (COMRO) devoted intense ongoing effort to research and development to advance mining in general and gold mining in... 


Panther Minerals eyes Nevada uranium property
10th July 2024 By: Creamer Media Reporter

CSE-listed Panther Minerals has entered into a non-binding letter of intent (LoI) to acquire 1484506 BC –  the company that holds the Huber Heights uranium property in Elko, Nevada. The property... 


Moab expands with Tanzania uranium acquisition, drilling plans
Moab expands with Tanzania uranium acquisition, drilling plans
9th July 2024 By: Creamer Media Reporter

Australia-listed Moab Minerals has completed the acquisition of high potential uranium projects in Tanzania, setting the stage for drilling to start in August or September. Moab has acquired... 


The Ceboletta project, in New Mexico
Premier American Uranium shifts to growth early at US project
8th July 2024 By: Creamer Media Reporter

US-focused uranium exploration and development company Premier American Uranium (PUR) is shifting from resource confirmation to focus primarily on growth and resource expansion following a recent... 


Uranium oxide
Niger govt takes back Madaouela mining right from GoviEx
5th July 2024 By: Marleny Arnoldi

The government of Niger has issued TSX-V-listed GoviEx Uranium with a letter, stating that it no longer has rights over the perimeter of the Madaouela mining permit. GoviEx operated the project and... 


IsoEnergy to graduate to TSX
5th July 2024 By: Creamer Media Reporter

Uranium company IsoEnergy has received final listing approval to graduate to the TSX, from the TSX-V. The company will begin trading on the TSX on July 8. 


Aura progressing Tiris development
4th July 2024 By: Sabrina Jardim

Following the delivery of the front-end engineering design (FEED) study in February, the appointment of advisers to progress the financing of the project and the recent announcement regarding the... 


Honeymoon startup progressing to plan, reports Boss Energy
4th July 2024 By: Mariaan Webb

The commissioning and ramp-up of the Honeymoon uranium mine in South Australia is progressing to plan, with the mine having produced 57 364 lb of uranium oxide (U3O8) by the end of last month. Boss... 


Deep Yellow initiates financing process for Namibia uranium project
2nd July 2024 By: Mariaan Webb

Uranium project developer Deep Yellow has appointed Nedbank as the mandated lead arranger and bookrunner to coordinate and arrange project financing for its flagship Tumas project, in Namibia. The... 


A uranium enrichment plant
US to start buying up to $2.7bn in domestic nuclear reactor fuel
27th June 2024 By: Reuters

The US is bidding to eventually buy up to $2.7-billion of domestically-supplied enriched uranium, in an effort to boost the supply chain for the nuclear reactor fuel and steer the country away from... 


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