Cameco not likely done with M&A yet, analysts say

Cameco’s announcement this week that it is paving the way to raise up to $1-billion has sparked speculation the Canadian uranium giant may be preparing for a large takeover. TSO & Associates analyst Terence Ortslan said on Friday there are...

Company Announcement:A New Partnership Between AREVA and Mitsubishi Corporation in Mining Exploration

AREVA and Mitsubishi Corporation, through their respective subsidiaries Afmeco Mining and Exploration Pty Ltd and Mitsubishi Development Pty Ltd,have decided to work together in a uranium exploration program in Austral

Kromdraai water treatment plant follows success of eMalahleni

A modular mine water treatment plant developed by Aveng Water, a subsidiary of infrastructure group Aveng, is being installed at coal-mining major Anglo American Thermal Coal’s Kromdraai opencast mine, following the company's success at the...

La Mancha’s Sudan mine ‘unaffected’ by turmoil, auction proceeding

Gold miner La Mancha on Tuesday said fighting between Sudan, where its flagship Hassai mining complex is located, and South Sudan has had no effect on the company’s mining activities. The Hassai gold operation had not lost a day of production...

New mines needed to meet future demand

In future, new mines will have to be commissioned to keep up with the global uranium demand, with sufficient uranium reserves hosted worldwide, says State-owned power utility Eskom nuclear spokesperson Tony Stott.

Uranium-rich South Africa good environment for nuclear plants

South Africa’s vast reserves of uranium and good investment environment support the establishment of new nuclear power plants throughout the country, states a report by global business intelligence provider GlobalData, called ‘South Africa...

Areva sees global nuclear market pick-up 'soon'

French nuclear reactor builder Areva said it expected a recovery soon in global interest in nuclear projects following Japan's Fukushima disaster, adding it will bid this year with EDF for Poland's first nuclear project. Some countries announced...

South Africa goes big on nuclear a year on from Fukushima

South Africa will come to the rescue of a nuclear industry, still struggling for customers a year after Japan's Fukushima disaster, with a tender for one of the world's biggest atomic power deals. Firms from France, the US, Japan, South Korea,...

Cameco to pay C$150m for Areva's Millennium stake

Cameco, the biggest uranium producer in the world, has agreed to buy Areva’s 28% stake in the Millennium project in Saskatchewan for C$150-million, sparking speculation the French nuclear giant might put other Canadian assets up for sale. While...

Company Announcement: AREVA and EDF strengthen their long-term partnership for natural uranium

EDF and AREVA have reached an agreement on the principles of a long-term partnership to supply natural uranium over the 2014-2030 period, ensuring the security of supply and the competitiveness of the French nuclear fleet.

Company Announcement: ASN Positive review on ATMEA1

ATMEA received the final report and findings of the review of ATMEA1 reactor safety objectives and options by the French nuclear safety authority (ASN).

La Mancha 2011 gold output flat

La Mancha Resources, the gold producer owned by French nuclear giant Areva, said it produced 121 446 oz of the precious metal in 2011, slightly less than the previous year, after the political crisis following Côte d'Ivoire’s elections closed...