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Uranium

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... 


Neo Energy completes due diligence on Beisa North and South projects
16th August 2024 By: Sabrina Jardim

London- and South Africa-listed Neo Energy Metals has completed its technical, financial and legal due diligence on the proposed acquisition of a 100% interest in the multimillion-pound uranium and... 


Aura completes restructuring of offtake agreement with Curzon
15th August 2024 By: Darren Parker

ASX- and Aim-listed Aura Energy has completed the restructure of its uranium offtake agreement with Curzon Uranium, which has increased the price receivable for planned uranium production at the... 


The Etango project
Bannerman chooses Wood to undertake detailed design work at Namibia project
15th August 2024 By: Creamer Media Reporter

Global consulting and engineering firm Wood has been selected by Bannerman Energy to deliver the detailed design phase of its flagship Etango-8 uranium project, in Namibia.   ​Wood says it has... 


Dawie Roodt
Be prepared for new economic future as biggest Electra Mining Africa show approaches
14th August 2024 By: Martin Creamer

South Africa’s preparation for a brand new economic future is coinciding with the biggest ever Electra Mining Africa show, which takes place in Johannesburg, from September 2-6. Five interconnected... 


Uranium Energy restarts uranium production at Wyoming
Uranium Energy restarts uranium production at Wyoming
14th August 2024 By: Reuters

Uranium Energy said on Tuesday it has restarted uranium production at its Christensen Ranch operations in Wyoming, with shipments expected in November or December. Uranium is the most widely used... 


Madison's Khan project granted a nuclear fuels licence
13th August 2024 By: Creamer Media Reporter

Namibia's Ministry of Mines and Energy has granted permission for nuclear fuels extraction at Canada-headquartered Madison Metals' Mining Licence 86A – the same licence within Madison West that... 


A map indicating the location of the Beisa North and South projects
Neo Energy Metals to acquire two uranium, gold projects in South Africa's Witwatersrand basin
13th August 2024 By: Chanel de Bruyn

Neo Uranium Resources Beisa Mine (NURB), a subsidiary of South Africa- and London-listed Neo Energy Metals (NEO), has signed a binding agreement to acquire the Beisa North and Beisa South uranium... 


Lotus and the Malawi government recently signed a mine development agreement that guarantees a stability period of ten years during which the Kayelekera project will not be subject to any detrimental changes to the fiscal regime.
Lotus restructures management team to accelerate Africa projects
12th August 2024 By: Creamer Media Reporter

ASX-listed Lotus Resources has announced a restructured board and senior management team to accelerate the development of its Kayelekera uranium mine, in Malawi, and to advance its Letlhakane... 


Australian court stays govt decision to not renew ERA lease for Jabiluka uranium deposit
Australian court stays govt decision to not renew ERA lease for Jabiluka uranium deposit
12th August 2024 By: Reuters

Australia's Federal Court has stayed a government decision to not renew Rio Tinto-owned Energy Resources of Australia's lease for a high-grade uranium deposit in the Northern Territory, the miner... 


A uranium mine in Namibia
Namibia says just 42% of approved mining projects are operating
8th August 2024 By: Bloomberg

Namibia said less than half of the mining projects it has approved are in operation, prompting the government to take a tougher stance on issuing permits. Just 68 of the 162 licenses approved by... 


Aruma completes copper and uranium acquisition
7th August 2024 By: Creamer Media Reporter

ASX-listed Aruma Resources has completed its acquisition of a portfolio of copper and exploration assets in South Australia and Queensland. Aruma executed a share acquisition agreement to acquire... 


Paladin excited to enter the ‘Pilbara of uranium’
Paladin excited to enter the ‘Pilbara of uranium’
7th August 2024 By: Mariaan Webb

Australia-headquartered uranium miner Paladin Energy is set on transforming itself from a single-asset entity into a "serious global producer with scale and upside potential", said COO Paul... 


Resources Minister Madeleine King
ERA sues Resources Minister after lease for Jabiluka uranium deposit not renewed
6th August 2024 By: Reuters

Energy Resources of Australia (ERA) said on Tuesday it was suing Australia's Resources Minister and others after its lease for a high-grade uranium deposit was not renewed, saying it hadn't been... 


Deep Yellow head of business development Andrew Mirco
Deep Yellow projects robust uranium demand, prices to stay higher
6th August 2024 By: Mariaan Webb

Pure-play uranium company Deep Yellow aims to produce ten-million pounds a year within the next decade, driven by strong demand and a market deficit, says head of business development Andrew Mirco.... 


BHP Group’s Olympic Dam produces uranium is a byproduct of the copper operations.
Uranium miners say Australia to miss out on boom in nuclear fuel
5th August 2024 By: Bloomberg

Uranium explorers are calling on Australian state governments to lift bans on mining the fuel, which is set for a long-term jump in demand as decarbonisation spurs a nuclear energy revival.... 


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... 


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