BHP’s Olympic Dam mine halted after storm hits
BHP (NYSE: BHP; LSE: BHP; ASX: BHP) was forced to halt operations at its Olympic Dam copper-gold mine on Friday after severe electrical storms damaged critical transmission infrastructure in northern…
Uranium
US Snapshot: Mining and exploration for copper, gold, rare earths and more
The United States has a long mining and exploration history and is rich in base and precious metals as well as new energy metals and uranium. Here are seven companies…
Uranium Energy shares rise on US approval for Wyoming plant boost
The company received approval to raise the licensed production capacity at its Irigaray plant to 4 million lbs of U3O8 per year.
GoviEx logs strong uranium recoveries for Muntanga in Zambia as it preps for feasibility
GoviEx Uranium (TSXV: GXU; US-OTC: GVXXF) shares rose 17.6% Wednesday after it announced that metallurgical test work for the Muntanga project in Zambia has returned positive results, while the company…
Rio Tinto to take over A$2.2B Ranger mine cleanup
Rio Tinto (ASX: RIO; LSE: RIO; NYSE: RIO) is to carry out the A$2.2 billion ($2 billion) rehabilitation of the closed Ranger uranium mine in Australia’s Northern Territory, a government…
CanAlaska Uranium shores up Pike zone with more high grade hits in Athabasca
CanAlaska Uranium (TSXV: CVV; US-OTC: CVVUF) posted new “ultra high-grade” drill results from its Athabasca basin joint venture with Cameco (TSX: CCO; NYSE: CCJ) that strengthen its Pike discovery, made in 2022….
Orion, Allianz among US$15T in funds seeking to boost mining investments for tripling output
A global group of institutional investors including Allianz, Legal & General and Orion Resource Partners wants to attract more funds to the mining industry by polishing its image and educating…
Power Metal nets $17.8M for uranium drilling JV in Saskatchewan
Power Metal Resources’ (LSE: POW; US-OTC: POWMF) gained 3.3% on Monday after it announced a £10 million ($17.8 million) investment from London-based UCAM for a joint venture to drill for…
Global Atomic shares rise on progress update for Dasa uranium mine in Niger
Global Atomic (TSX: GLO; US-OTC: GLATF) shares gained 10.5% Friday after the company said 10,000 tonnes of development ore has been brought to the surface at its Dasa mine in…
Big tech’s nuclear option
Silicon Valley CEOs can get obsessed with some pretty weird things — colonizing Mars, ultra-ascetic diets, wearing the same outfit every single day, or living forever. But there’s nothing head-scratching…
Baselode Energy logs high-grade uranium hits at Ackio in Saskatchewan
Baselode Energy (TSXV: FIND; US-OTC: BSENF) shares rose 8.3% in morning trading after the company released high-grade uranium results from two new drill holes at its Ackio prospect in northern…
Canada reviews Paladin’s Fission takeover on national security grounds
Paladin Energy’s (ASX: PDN) proposed takeover of Saskatchewan uranium developer Fission Uranium (TSX: FCU) has hit a fresh roadblock after the Canadian government informed the company the deal is now…