http://www.miningweekly.com
R/€ = 14.49 Change: -0.02
R/$ = 12.93 Change: 0.02
Au 1256.11 $/oz Change: 3.97
Pt 949.00 $/oz Change: 4.00
 

Uranium News

Sampling delivers positive results at Mkango’s Malawi project

By: Megan van Wyngaardt     24th May 2017 Recent sampling at dual-listed Mkango Resources’ Thambani heavy minerals project, in southern Malawi, has supported the project’s exploration potential, president Alexander Lemon said on Wednesday. He noted that not only were the uranium results highly encouraging, with assay results from 85 rock... 

Aura Energy submits mining lease application for Mauritania uranium project

By: Megan van Wyngaardt     24th May 2017 Dual-listed Aura Energy has submitted a mining lease application to the government of Mauritania for the development of its Tiris uranium project. Marking it a key milestone, the company said the application followed a broad programme of evaluation and study over the past eight months, which... 

MCA calls for nuclear energy in Australia

     24th May 2017 The Minerals Council of Australia (MCA) has urged the Australian government to consider nuclear energy in the nation’s future. Speaking at the Paydirt South Australian Resources and Energy Investment conference, MCA’s executive director for uranium, Daniel Zavattiero, said that Australia’s... 

Paladin fights to maintain TSX listing

By: Esmarie Swanepoel     19th May 2017 The TSX has given uranium miner Paladin Energy 90 days to comply with all the requirements for continued listing, including its financial solvency. If the company could not demonstrate that it met the bourse's requirements before August 14, the company’s securities will be delisted 30 days later. 

Inflated base case prices could dent confidence in mine development

By: Henry Lazenby     19th May 2017 Project valuations based on elevated price assumptions in the absence of more reasonable scenarios to provide a more balanced view to the market is potentially damaging to the credibility of management teams, their consultants and the mining industry as a whole, London-based boutique investment... 

Inflated base case prices could dent confidence in mine development

Alcohol, education longterm solution to abuse

By: Simone Liedtke     19th May 2017 Testing backed up by educational programmes is a tried and tested method, proven to reduce alcohol-related incidents, drive down absenteeism and improve overall productivity in the mining sector, alcohol detection technology and services provider Alco-Safe director Rhys Evans tells Mining Weekly. 

Alcohol, education longterm solution to abuse
EFFECTIVE TESTING Testing needs to be carried out every single day as part of the mine’s standard health and safety policy to be effective

Legislation plays ‘big role’ in uptake of healthcare services 

By: Simone Liedtke     19th May 2017 In many countries, health and safety legislation is either nonexistent or not effectively enforced and, therefore, greatly influences the number of mining-related work opportunities available for healthcare service providers, such as International SOS in Midrand, South Africa 

Legislation plays  ‘big role’ in uptake  of healthcare services
International SOS medical director Dr Charl van Loggerenberg speaks about 'Duty of Care' and the company's services and products. Camerawork: Nicholas Boyd. Editing: Lionel da Silva

Time to get PDS-ready is now

By: Simone Liedtke     19th May 2017 As of June, all new original-equipment manufacturer (OEM) trackless mobile machines (TMMs) bought by mining houses need to be proximity detection system- (PDS-) ready. 

Time to get PDS-ready is now
PROXIMITY DETECTION SYSTEMS The Booyco PDS warns when pedestrians enter the area around a machine

No corruption in nuclear negotiations, Eskom chief nuclear officer assures 

By: Kim Cloete     18th May 2017 Eskom’s chief nuclear officer David Nicholls is still firmly committed to the principle that nuclear is the way to go for a sustainable energy future and says he knows of no corruption in negotiations on a deal to procure new nuclear energy capacity. “I’ve been in the middle of this deal for... 

Shadow Minerals Minister warns of ‘disastrous’ mining outlook 

By: Martin Creamer     18th May 2017 Shadow Mineral Resources Minister James Lorimer forecasts that South Africa’s new minerals legislation and new charter will be “disastrous” for an industry already crippled by hugely diminished capital injection and massive year-on-year job loss. The Opposition Democratic Alliance (DA) MP, who... 

Shadow Minerals Minister warns of ‘disastrous’ mining outlook
Shadow Mineral Resources Minister James Lorimer

Cameco appoints new COO as Steane retires

By: Creamer Media Reporter      12th May 2017 Canada’s largest uranium producer, Cameco, has named Brian Reilly as the successor of Bob Steane, who is retiring after 34 years with the company. Reilly is now Cameco’s senior VP and COO and will report to president and CEO Tim Gitzel. 

Down 2.1% last week, IHS Materials Price Index tracks lower for third week

By: Henry Lazenby     12th May 2017 Lacklustre Chinese manufacturing data, coupled with moves by regulators to crack down on risky investments, is fuelling concern that Chinese demand growth is set to decelerate and that it had pushed down commodity prices over the last three weeks, market intelligence firm IHS Markit said in a... 

Africa demanding more mining tech, new solutions offered

By: Robyn Wilkinson     12th May 2017 The demand for mine planning solutions is on the rise in Africa, with mining solutions developer Maptek Africa GM Nick Venter noting that there is particular interest in new technology that can be integrated with current systems. 

Africa demanding more mining tech, new solutions offered
NEW FRONTIERS The I-Site XR3 laser scanner allows for greater coverage with fewer scans, allowing for the surveying of otherwise out-of-range areas on mine sites

Dust regulations hinder productivity

By: Simone Liedtke     12th May 2017 Regulations implemented by governmental authorities, including municipalities, and environmental bodies, are impacting significantly on productivity in the global mining industry at a time when opencast operations are running tight margins, says Johannesburg-based mining equipment manufacturer... 

Dust regulations  hinder productivity
IDEAL SOLUTION The T1255III Terrain Leveler surface excavation machine is ideal for use in surface mine applications with drill-and-blast restrictions

Improved geology function advances mine planning

By: Robyn Wilkinson     12th May 2017 Adding the GeoLogic software solution to the MineSight mine planning suite provides geologists with smart, time-saving modelling and allows for a reproducible, auditable geological model that can be quickly updated with new information, says mining technology developer Hexagon Mining. 

Improved geology function advances mine planning
BETTER VISUALISATION GeoLogic helps geologists build complex shapes, using mathematical algorithms to create a surface or a solid from drillhole data

Mine planning software a must for modern miners

By: Robyn Wilkinson     12th May 2017 In the face of numerous technical challenges, as well as the overall drive to reduce mining costs and improve efficiency amid commodity price volatility, miners globally can no longer afford to operate without using modern analytical, modelling, simulation and optimisation software, says mining... 

Mine planning software a must for modern miners
BOOSTING DEVELOPMENT MICROMINE’s fleet management and mine control solution, Pitram, is assisting Mongolian copper and gold mine Oyu Tolgoi to restart its underground development

More technical skills needed

By: Robyn Wilkinson     12th May 2017 Without more technical skills, the future of the Southern African mining industry cannot be secured, says Southern African Institute of Mining and Metallurgy (SAIMM) president Cuthbert Musingwini. Skills development will, therefore, be included on the agenda at this year’s SAIMM Mine Planning... 

More technical skills needed
CUTHBERT MUSINGWINI Mines are required to continuously innovate how they plan and operate their production systems

Opencast mine equipment relocation method saves costs, time

By: Simone Liedtke     12th May 2017 By loading, transporting and offloading draglines for opencast mining clients in one piece, global engineered heavy lifting and transportation specialist Mammoet is driving project feasibility by saving its clients time and money. 

Opencast mine equipment relocation method saves costs, time
ADDITIONAL SERVICES Mammoet is also capable of moving rock trucks and hydraulic shovels

Kazakhstan offers to sell Brazil uranium

By: Reuters     6th May 2017 Kazakhstan is offering to sell uranium to Brazil to cover the shortage of fuel for its atomic energy programme and help the South American nation explore its large reserves of uranium ore, a senior Kazak official said on Friday. "We proposed the participation of Kazakhstan in tenders for the... 

Paladin to proceed with potential Langer Heinrich mine sale

By: Henry Lazenby     6th May 2017 ASX- and TSX-listed uranium miner Paladin Energy has agreed to allow an independent valuation process to move forward regarding the sale of its 75%-stake in the Langer Heinrich mine (LHM), in Namibia’s Erongo region, to joint venture (JV) partner China National Nuclear Corporation’s (CNNC’s)... 

Mission urges ‘imminent action’ to curb contamination from old Kyrgyzstan mine

By: Ilan Solomons     5th May 2017 An environmental impact assessment (EIA) report on a former lead and zinc mine in the Sumsar industrial area, in Kyrgyzstan, which was undertaken jointly by international nongovernmental mine action organisation the Swiss Foundation for Mine Action (FSD) and the Agency for Tailings Management of... 

Mission urges ‘imminent action’ to curb  contamination from old Kyrgyzstan mine
SUMSAR INDUSTRIAL AREA, KYRGYZSTAN The former Sumsar mining and ore processing area is located in an ecologically sensitive environment and is exposing residents to chemical contaminants

Och-Ziff fixer's business had corruption at `core', US says

By: Bloomberg     3rd May 2017 A Gabonese man who admitted earning $7-million while helping a unit of Och-Ziff Capital Management Group secure mining rights in Africa deserves at least five years behind bars, prosecutors said. Samuel Mebiame, the son of the former Prime Minister of Gabon, bribed government officials in Africa... 

Opec teaches world's top uranium miner how to handle price crash 

By: Bloomberg     3rd May 2017 Kazakhstan, which mines almost 40% of the world’s uranium, thinks it has the market heft to function as a one-nation Organization of Petroleum Exporting Countries (Opec) for the nuclear fuel. Opec, whose 13 members also pump about 40% of global output, is an “example” in the way it’s used its... 

Cameco stock takes a dive on bigger-than-expected Q1 loss

By: Henry Lazenby     28th April 2017 Canada’s largest uranium producer Cameco has reported another disappointing quarter, recording an C$18-million loss, or C$0.05 a share, as the termination of a key contract and lower prices weighed on the bottom line. Excluding special items, the Saskatoon, Saskatchewan-based miner widened the... 

Cameco stock takes a dive on bigger-than-expected Q1 loss

Minister casts a pall over WA uranium sector

By: Esmarie Swanepoel     27th April 2017 Western Australia’s newly appointed Mines and Petroleum Minister Bill Johnston has cast doubts on the future of uranium mining in the state. Speaking on the sidelines of the Paydirt Graphite conference, in Perth, Johnston noted that although the Labor government will allow the uranium mines... 

Rössing Uranium swings to FY profit, despite low prices

By: Creamer Media Reporter      25th April 2017 In what was a very tough year for the uranium mining industry, Rio Tinto subsidiary Rössing Uranium, which operates in Namibia, swung to a profit of N$107-million in 2016, from a loss of N$385-million in 2015. In the company’s ‘Report to Shareholders 2016’, MD Werner Duvenhage said the year was... 

Despite slower growth, China still key market for miners and Africa

By: Keith Campbell     21st April 2017 There can he no doubt that, for the past two decades-and-a-half or so, the biggest single influence on the global mining industry has been China. Between 2002 and 2012 that country experienced an annual average real gross domestic product (GDP) growth rate of 10.4%, as against India’s 7.6%, the... 

Despite slower growth, China still key market for miners and Africa

Peru uranium/lithium mine to come on stream in 2020 – developer

By: Ilan Solomons     21st April 2017 Project developer Plateau Uranium aimed to have its Macusani Plateau uranium and lithium project, in Peru, in production by 2020 to be prepared to take advantage of analysts’ forecasts of a uranium supply deficit by then, said president and COO Dr Laurence Stefan at a seminar hosted by the... 

Peru uranium/lithium mine to come on stream in 2020 – developer
Photo by Plateau Uranium
MACUSANI PLATEAU EXPLORATIONS About C$50-million has been spent on historical exploration workings on the project to date

Paladin output falls in line with reduced mining plan

By: Esmarie Swanepoel     19th April 2017 Uranium oxide (U3O8) production from the Langer Heinrich mine, in Namibia, fell by 26% during the three months to March as production was impacted by the first full quarter of a reduced mining plan. Miner Paladin Energy on Wednesday reported that production from the Langer Heinrich mine reached... 

Stillwater transaction to test Trump team’s appetite for China deals

By: Bloomberg     10th April 2017 Even as President Donald Trump and President Xi Jinping of China met for the first time to try to sort out their complex relationship, Trump’s administration is reviewing attempts by China to buy sensitive US companies and in one case is actively trying to thwart a deal. The Trump administration... 

Long-term improvements forecast for uranium market

By: Robyn Wilkinson     7th April 2017 Although the international uranium market has been facing tough operating conditions, new demand growth is expected later this year on the back of investment in new nuclear reactors in Russia, China and India, says data insights solutions provider GlobalData mining research director Alok Shukla. 

Long-term improvements forecast for uranium market
NUCLEAR SURGE Twenty-two new nuclear reactors are scheduled for completion this year, which will require triuranium octoxide, or yellowcake, for operation

Preparing to keep top producer spot in S Africa

By: Robyn Wilkinson     7th April 2017 Gold producer AngloGold Ashanti has recommissioned a section of its Mine Waste Solutions operation, located in Stilfontein, in the North West, in order to maintain its current uranium production levels in anticipation of potential future upturns in the international market. 

Preparing to keep top producer spot in S Africa
MANAGING OPERATIONS The Great Noligwa mine was added to the Moab Khotsong operation in 2014, where uranium is produced as a by-product of gold production

Platinum has best price improvement prospects – Major

By: Martin Creamer     6th April 2017 Platinum has better price improvement prospects than virtually any other commodity, Cadiz Corporate Solutions mining director Peter Major said on Thursday. Speaking at a breakfast to publicise the upcoming Junior Indaba on June 7 and 8, Major cast doubt on gold going much higher, said iron-ore... 

Platinum has best price improvement prospects – Major
Cadiz Corporate Solutions mining director Peter Major

Uranium Energy receives aquifer exemption approval for Texas ISR project

By: Henry Lazenby     6th April 2017 The US Environmental Protection Agency has approved Texas-based miner Uranium Energy Corp's (UEC's) exemption request for a 2 180 ha acquifer for the Burke Hollow in-situ recovery (ISR) project, in South Texas.  Burke Hollow is the third project to be developed as part of the company's... 

Paladin abandons Manyingee stake sale to Avira

By: Esmarie Swanepoel     3rd April 2017 Uranium miner Paladin Energy has abandoned a sales agreement with ASX-listed Avira Energy over a 30% interest in the Manyingee project, in Western Australia. The two companies in July last year signed a binding term sheet under which Avira would acquire an initial 30% interest in the project for... 

Mining showing tentative improvement off low base – chamber

By: Martin Creamer     30th March 2017 The fourth quarter mining financial statistics data released by Statistics South Africa (Stats SA) confirm the tentative improvement in the sector’s financial conditions during 2016, but off a very low 2015 base and with huge swings in performance. In 2016 rand terms, mining’s profits before... 

Mining showing tentative improvement off low base – chamber
Photo by Duane Daws
Chamber of Mines economist Henk Langenhoven

Africa needs nuclear energy – Rosatom 

By: Keith Campbell     30th March 2017 Sub-Saharan Africa has a real need for, and rapidly growing interest in, nuclear power. This was affirmed by Rosatom International Network Regional VP: Sub-Saharan Africa Viktor Polikarpov at the Nuclear Africa 2017 conference on Wednesday. Rusatom International Network is part of Russia's... 

Africa needs nuclear energy – Rosatom
Photo by Duane Daws
Viktor Polikarpov

Simpson dismissed from Peninsula board

By: Esmarie Swanepoel     28th March 2017 ASX-listed Peninsula Energy has announced the immediate departure of its MD and CEO John Simpson, who will also be stepping down from the board. Wayne Heili has been appointed CEO and MD, effective April 3. 

First
Prev
1
2 3 4 5 6 7 8 9 Next Last

Latest News

more

Latest Videos

more

Projects

Topics In These Articles

RSS Feed

About

Mining Weekly is a product of Creamer Media.
www.creamermedia.co.za

Other Creamer Media Products include:
Engineering News
Research Channel Africa
Polity

Read more

Subscriptions

We offer a variety of subscriptions to our Magazine, Website, PDF Reports and our photo library.

Subscriptions are available via the Creamer Media Store.

View store

Advertise

Advertising on MiningWeekly.com is an effective way to build and consolidate a company's profile among clients and prospective clients. Email advertising@creamermedia.co.za

View options
Close