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Uranium

Canada court to rule on C$1.14bn Paladin-Fission takeover in coming weeks
Canada court to rule on C$1.14bn Paladin-Fission takeover in coming weeks
27th September 2024 By: Mariaan Webb

The Supreme Court of British Columbia on Thursday concluded its hearing for the final order to approve the acquisition of Fission Uranium by Paladin Energy and is expected to deliver its decision... 


UEC buys Rio Tinto’s Wyoming uranium assets for $175m
UEC buys Rio Tinto’s Wyoming uranium assets for $175m
23rd September 2024 By: Mariaan Webb

NYSE American-listed Uranium Energy Corp (UEC) announced on Monday its acquisition of Rio Tinto's Wyoming assets, which include the Sweetwater plant and a portfolio of mining projects, for... 


Star to earn into Madison project in Namibia
19th September 2024 By: Creamer Media Reporter

Australia-listed Star Minerals has teamed up with Canada-listed Madison Metals on a uranium project in the Erongo region of Namibia, close to the Rossing uranium mine. Under the agreement, Star... 


Lotus eyes 3.3Mlb/y from Botswana uranium mine
Lotus eyes 3.3Mlb/y from Botswana uranium mine
19th September 2024 By: Mariaan Webb

ASX-listed Lotus Resources' newly completed scoping study for the Letlhakane uranium project, in Botswana, has confirmed the project's potential as a commercially viable operation, with the... 


US President Joe Biden
US probes uranium jump from China amid concerns over Russian import ban
17th September 2024 By: Reuters

President Joe Biden's administration is probing a surge in imports of enriched uranium from China since late 2023 amid concerns the shipments are helping Moscow sidestep a US ban on imports of the... 


Paladin believes Fission’s Patterson Lake South project, in Canada, is a natural fit for the company.
Chinese group seeks to derail Paladin’s Fission takeover
16th September 2024 By: Mariaan Webb

Australian miner Paladin Energy’s C$1.14-billion takeover of Fission Uranium hit a potential roadblock with a Chinese investor challenging the deal. CGN Mining, a subsidiary of General Nuclear... 


Energy Fuels advances restart work at ‘priority resource’ Nichols Ranch
Energy Fuels advances restart work at ‘priority resource’ Nichols Ranch
12th September 2024 By: Creamer Media Reporter

Denver-based Energy Fuels is advancing work to prepare for a possible July 2025 restart of production at the Nichols Ranch uranium mine, in Wyoming. To restart production at the... 


Russian President Vladimir Putin
Putin says Russia should consider restricting exports of uranium, titanium and nickel
11th September 2024 By: Reuters

Russian President Vladimir Putin said on Wednesday that Moscow should consider limiting exports of uranium, titanium and nickel in retaliation against the West. "Please take a look at some of the... 


Aura notes improved Tiris project economics, increased production target
11th September 2024 By: Creamer Media Reporter

ASX- and Aim-listed Aura Energy has reported a 44% increase in life-of-mine (LoM) production at its Tiris uranium project, in Mauritania, to 43.5-million pounds of triuranium octoxide (U3O8), as... 


Deep Yellow confident upgraded reserves will extend Tumas project's life to over 35 years
11th September 2024 By: Creamer Media Reporter

ASX-listed Deep Yellow has announced an updated mineral resource estimate for the Tumas 1, 1 East, Tumas 2 and Tumas 3 deposits, at its Tumas project, in Namibia, with measured and indicated... 


Paladin believes Fission's Patterson Lake South project in Canada is a 'natural fit'
Paladin’s C$1.1bn Canadian deal nears completion with Fission shareholder nod
10th September 2024 By: Mariaan Webb

Australia-based Paladin Energy announced on Tuesday that shareholders of Canadian firm Fission Uranium have approved its acquisition, marking a significant step forward in the C$1.14-billion... 


Lotus intersects some of the thickest continuous zones of mineralisation to date
10th September 2024 By: Sabrina Jardim

ASX-listed Lotus Resources has reported that its latest drilling has intersected some of the thickest continuous zones of mineralisation to date, with this thicker mineralisation starting as... 


GoviEx to acquire 51% interest in Zambia exploration licence
9th September 2024 By: Darren Parker

TSX- and OTCQX-listed GoviEx Uranium has secured an option to acquire a 51% interest in the Lundazi exploration licence from Stalwart Investments. This forms part of GoviEx’s broader strategy to... 


Katoro Gold expands into uranium exploration through Ontario acquisition
9th September 2024 By: Darren Parker

Aim-listed Katoro Gold has expanded into uranium exploration with the acquisition of the White Pine uranium project in Ontario, Canada. The acquisition was made through its subsidiary, Katoro... 


Shareholders of Base Resources greenlight Energy Fuels acquisition
Shareholders of Base Resources greenlight Energy Fuels acquisition
6th September 2024 By: Mariaan Webb

NYSE American- and TSX-listed Energy Fuels has cleared a major hurdle in its acquisition of Base Resources, as the latter’s shareholders voted overwhelmingly in favour of the buyout during a... 


Harmony CEO Peter Steenkamp, who retires at year-end.
Mega gold producer, copper aspirant Harmony flags cost-offsetting silver, uranium value
5th September 2024 By: Martin Creamer

Johannesburg Stock Exchange-listed Harmony, which has 74 years of mining experience in South Africa and two decades in Papua New Guinea (PNG), is not only a mega gold mining specialist with an... 


Jean-Luc Palayer
France's Orano selects Tennessee site to build uranium enrichment plant
4th September 2024 By: Reuters

France's state-owned nuclear fuel company Orano has selected Oak Ridge, Tennessee as a preferred site to build a multi-billion dollar US uranium enrichment plant, Tennessee and Orano officials... 


Lotus seals Kayelekera restart loan, inks offtake agreements
Lotus seals Kayelekera restart loan, inks offtake agreements
3rd September 2024 By: Mariaan Webb

Australia-listed Lotus Resources on Tuesday announced two uranium offtake agreements and a binding $15-million loan to partially fund the restart of its Kayelekera mine, in Malawi. The contracts... 


Peninsula’s Lance uranium project to restart in late Q4
Peninsula’s Lance uranium project to restart in late Q4
3rd September 2024 By: Mariaan Webb

The Lance uranium project, in Wyoming, US, is set to restart production late in the fourth quarter, Australia-listed Peninsula Energy reported on Tuesday. The company stated that site construction... 


Gabruch resigns as IsoEnergy president
2nd September 2024 By: Creamer Media Reporter

Uranium company IsoEnergy has announced the resignation of Tim Gabruch as president to pursue other opportunities. IsoEnergy did not name a replacement for Gabruch, whose resignation took effect... 


Paladin’s takeover of Fission yet to win shareholders’ support
30th August 2024 By: Bloomberg

Paladin Energy’s takeover of fellow uranium producer Fission Uranium is in doubt, as it has so far fallen short of winning enough support from shareholders to seal the deal. In July, Paladin... 


President Cyril Ramaphosa
President transfers legislation as part of steps to split mineral resources, energy portfolios
28th August 2024 By: Creamer Media Reporter

President Cyril Ramaphosa has transferred legislation previously administered by the Mineral Resources and Energy Minister to Mineral and Petroleum Resources Minister Gwede Mantashe and Electricity... 


Uranium firm ERA to raise A$880m at steep discount
Uranium firm ERA to raise A$880m at steep discount
28th August 2024 By: Mariaan Webb

Uranium mining company Energy Resources of Australia (ERA) on Wednesday announced an A$880-million capital raise to fund rehabilitation work at the Ranger project area, in Northern Territory, until... 


Harmony Gold's Mponeng mine, the world's deepest.
Operational performance elevates Harmony Gold to new heights
26th August 2024 By: Martin Creamer

South African gold mining major Harmony Gold has been elevated to new heights owing to sustained operational excellence, high recovered grades and record gold prices. In the 12 months to June 30,... 


Key meeting in Fission-Paladin tie-up rescheduled
Key meeting in Fission-Paladin tie-up rescheduled
26th August 2024 By: Mariaan Webb

Canadian company Fission Uranium has urged securityholders to cast their votes in advance of the looming proxy deadline for its transaction with Australia’s Paladin Energy. Fission on Monday... 


Investors rush into uranium miners on Kazakh production outlook
23rd August 2024 By: Bloomberg

Uranium-focused investors in North America are plowing into in miners of the nuclear reactor fuel after the world’s largest producer, Kazatomprom released guidance that fell short of market... 


The White Mesa mill in Utah
FIRB approves Energy Fuels’ acquisition of Base
21st August 2024 By: Mariaan Webb

US-based Energy Fuels has received written confirmation from the Foreign Investment Review Board(FIRB)  that the Australian government has no objections to its proposed merger with ASX- and... 


Terra Uranium and ATHA negotiating option agreements over Athabasca projects
20th August 2024 By: Creamer Media Reporter

TSX-V-listed ATHA Energy has announced a nonbinding letter of intent with ASX-listed Terra Uranium for potential option and joint venture (JV) agreements. Should the companies negotiate a... 


Madison Metals CEO Duane Parnham
Madison CEO urges investors to buy uranium equities while prices are low
16th August 2024 By: Darren Parker

Uranium resource developer Madison Metals CEO Duane Parnham has urged investors to take advantage of the low price of uranium equities before it starts to rise again. “Uranium equities have... 


Nedbank CIB Head of Infrastructure, Energy and Telecommunications Mike Peo.
Major shift to green energy under way by mining houses across Africa – Nedbank CIB
16th August 2024 By: Martin Creamer

Virtually every mining house in South Africa is in the process of procuring green electrons, and similar advances are taking place across the African continent, from the Democratic Republic of... 


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