Uranium spot prices to climb in ‘staircase’ pattern, Sprott forecasts
As 2024 closes out, the uranium spot price touches a low point for the year but remains at a higher level than seen in more than a decade, as Japan’s…
Uranium
Australia’s $281B nuke plan to change uranium mining
Australia’s opposition leader, Peter Dutton, has unveiled a A$311 billion ($281 billion) plan to introduce nuclear power into the country’s energy mix, a proposal that could radically alter the nation’s…
London Symposium: ‘Mining must move at the pace of business, not bureaucracy,’ Ontario’s Pirie says
Ontario’s bid to lead in the critical minerals boom in Canada is fuelled with funding increases and deregulation goals in a new mining code. Yet the province must still widen…
Ontario pension backs US$100M funding for tech firm spotting deposits from space
Australia’s Fleet Space Technologies announced Wednesday it raised US$100 million led by the investment arm of the Ontario Teachers’ Pension Plan to expand its ExoSphere exploration platform. The Teachers’ Venture…
GoviEx initiates arbitration against Niger in uranium permit dispute
GoviEx Uranium (TSXV: GXU; USOTC: GVXXF) is going to arbitration with Niger for revoking its permit on the feasibility-stage Madaouéla project, one of the world’s largest uranium developments. Niger’s military…
Niger seizes Orano’s Somair uranium operation as juntas across Africa pressure Western miners
France-based uranium miner Orano has lost operational control of its Somair mine in Niger in the latest move against Western miners in West Africa’s volatile Sahel region. In neighbouring Mali,…
Paladin restarts Langer Heinrich plant after shutdown
Australia’s Paladin Energy (ASX: PDN) has resumed operations at its Langer Heinrich uranium mine (LHM) in Namibia, following a planned shutdown of the mine plant in November to implement operational upgrades. Among the…
NexGen inks first uranium sales deals with major US utilities
The company will supply 5 million pounds of the nuclear fuel ingredient.
F3 Uranium drills 4.5 metres of 50% U3O8 at JR zone
F3 Uranium (TSV: FUU; US-OTC: FUUFF) shares rose on Tuesday after it reported high-grade results from the “best hole drilled to date” in the JR zone at PLN property in northern…
Madagascar lifts suspension on Energy Fuels’ critical minerals project
Madagascar has lifted its suspension on Energy Fuels‘ (TSX: EFR; NYSE: UUUU) Toliara critical minerals project, aiding the company’s diversification from uranium as it restarts development on what could be…
Denison forms three Athabasca uranium JVs with Cosa Resources
Denison Mines (TSX: DML) and Cosa Resources (TSX-V: COSA) have agreed to form three uranium exploration joint ventures in the eastern portion of the Athabasca Basin in northern Saskatchewan. Cosa…
Trump tariff plan would knock US-Canada-Mexico metals and mining
United States president-elect Donald Trump’s pledge to slap double-digit tariffs on America’s top trading partners will snarl metals supply chains and lower demand, analysts and industry leaders said. Trump said…