Bannerman pulls trigger on $353M uranium mine
Bannerman Energy (ASX, NSX: BMN; US-OTC: BNNLF) and its Chinese partner CNNC Overseas have approved construction of the Etango uranium project in Namibia, with funding secured without project debt and…
Uranium
Mauritania’s first uranium mine comes into view despite funding, security issues
Aura Energy (ASX: AEE; AIM: AURA) is moving closer to building Mauritania’s first uranium mine after a bankable feasibility study outlined a $500-million (C$701.9 million) valuation for its Tiris project,…
Peninsula’s uranium resource grows as ramp-up lags
An update for Peninsula Energy’s (ASX: PEN; US-OTC: PENMF) producing Lance project in Wyoming lifts its contained uranium to 59 million lb., reinforcing its position as the largest single nuclear…
SuperCritical tests seawater uranium system
SuperCritical Materials has partnered with the University of Michigan to test whether technology for extracting uranium from seawater can withstand the mechanical demands of industrial-scale marine deployment. The research will…
Cameco may turn $2.1B into $24B with Westinghouse listing this fall
Cameco’s (TSX: CCO; NYSE: CCJ) $2.1-billion (C$2.94-billion) investment in Westinghouse Electric three years ago could soon be valued a dozen times that as the nuclear reactor maker prepares for a…
US backs Global Atomic’s Niger uranium mine with $414M loan
Canadian uranium developer Global Atomic (TSX: GLO) has won conditional support for a $414.2 million (C$580 million) U.S. government loan to build its Dasa mine in Niger, reviving financing that…
Uranium miners race to catch surging nuclear demand
The uranium market is slipping into a structural deficit as surging nuclear demand outpaces the development of new mines. Global uranium exploration and development spending exceeded $1.78 billion in 2023…
Canada could gain billions from refining more metals
Canada risks leaving more value from its critical minerals abroad unless it builds more processing capacity at home, the government’s trade boosting agency says. A sustained shift into more sophisticated…
Saudi Arabia touts mineralized uranium, rare earths find
Saudi Arabia has identified an estimated 110 million tonnes of mineralized material containing rare earths and uranium in the Medina region as the kingdom moves to develop nuclear power and…
Opinion: Canada’s critical-minerals shortcut is old mines
The mantra “Canada has what the world needs” has circulated in different iterations for years, most recently adopted by Prime Minister Carney. But we cannot assume geology alone will result…
Mineral tracking a must for industry credibility: OECD
Better traceability of critical minerals like lithium and nickel can boost the credibility and integrity of the supply chain, a new report this week by the Organization for Economic Co-operation and…
Sponsored video: AME urges tax fix to advance projects
A gap in Canada’s exploration tax incentives is making it harder to finance the studies needed to turn mineral discoveries into mines, the Vancouver-based Association for Mineral Exploration says in…