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URANIUM
Cameco Q1 profit nose-dives on lower sales, prices
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Canadian uranium and electricity producer Cameco on Wednesday reported a 93% year-on-year drop in first-quarter profit as lower sales, lower prices and higher costs impacted on the company’s performance.
Net earnings for the quarter ended March...
By: Henry Lazenby
1st May 2013
ENERGY MINERALS
Russian group planning to start uranium mining in Tanzania after granting of licence
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Russian company ARMZ Uranium Holding has announced plans to start uranium mining in Tanzania after being granted a licence for its Mkuju River mining project in the south of the country.
By: John Muchira
19th April 2013
INFRASTRUCTURE
13 First Nations and Goldcorp create new power transmission company
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Thirteen First Nations and NYSE- and TSX-listed Goldcorp on Thursday announced they have signed an agreement formally incorporating Wataynikaneyap Power, a new company developing a transmission line that would reduce reliance on diesel and connect...
By: Henry Lazenby
4th April 2013
ENERGY MINERALS
North America becoming big coal exporter as domestic consumption declines
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The North American coal industry is in transition; a significant decline in domestic consumption means that it is becoming a significant exporter of the fossil fuel to emerging economies, especially those in Asia.
By: Henry Lazenby
29th March 2013
PROJECT INFRASTRUCTURE
Copper Fox enters into facilities study agreement with BC Hydro
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Vancouver-based junior project developer Copper Fox Metals on Monday said it had entered into a facilities study agreement with the British Columbia Hydro and Power Authority (BC Hydro), to study what it would take to supply power to the company's...
By: Henry Lazenby
25th March 2013
VANADIUM
American Vanadium to transform from miner to advanced-tech purveyor
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The developer of North America’s most significant vanadium project, American Vanadium, is considering repositioning itself from originally only being a primary high-purity vanadium producer, to being a supplier of electrolyte for use in energy...
By: Henry Lazenby
16th March 2013
ENERGY STORAGE
American Vanadium enters into strategic energy storage liaison
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North America’s only vanadium mine developer, American Vanadium, on Tuesday said it had entered into a strategic association with German toolmaker and energy storage specialist Gildemeister to explore various joint venture and partnership...
By: Henry Lazenby
19th February 2013
ENERGY & MINING
Proposed electricity price increases could result in more restructuring
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The Chamber of Mines (CoM) on Thursday slammed State-owned Eskom’s proposed electricity price increase, saying that it could result in further restructuring within South Africa’s platinum and gold sectors.
The rising cost of energy had...
By: Natasha Odendaal
31st January 2013
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