Mining a key component in Namibia’s economy

Namibia’s mining sector generated $1.6-billion in mining export earnings during 2011, contributing about 11% to the country’s gross domestic product, with the country’s buoyed uranium mining sector forecast to be the single largest mining...

Nuclear expansion to create mining, construction jobs

Expanding South Africa’s nuclear power industry would boost job creation, particularly in the uranium mining and construction sectors, Energy Minister Dipuo Peters said at the National Union of Mineworkers' (NUM’s) Nuclear Energy Workshop, in...

Company Announcement: Nuclear power inevitable part of South Africa’s energy future?

“Number of nuclear disasters is far less than those that occur at coal mines”

Green Cross seeks stricter standards as Fukushima anniversary nears

Nongovernmental organisation Green Cross International has called on countries to establish stricter and enforceable international standards for nuclear power, on the eve of the first anniversary of the Fukushima Daiichi nuclear disaster in...

Renewed pressure on South Africa to join mining transparency initiative

When South Africa was asked to join the Extraction Industry Transparency Initiative (EITI) ten years ago, it spurned the opportunity because it did not want to be tarred with what looked like a reform school for delinquent developing countries...

Uranex working on joint development offers for Mkuju

Uranium developer Uranex on Tuesday said that it had received a number of unsolicited approaches from parties in Asia and North America regarding joint development of its Mkuju uranium project, in Tanzania. The parties were predominantly made up...

Company Announcement: Oil & Gas News

Jubilant Energy (JUB LN, 28.75p, ► 0.0%) today announced that KPL-F, the fifth of the seven development wells of the Phase-III drilling campaign in the oil producing Kharsang Field, Arunachal Pradesh was spudded on 13 January 2012. KPL-F,...

Areva uranium deal eyed amid fraud allegations

Controversy over Areva's $2.5 billion purchase of uranium miner UraMin grew on Friday after a consultant said the French state-owned company may have been the victim of a fraud. The nuclear energy group has launched an internal enquiry into the...

Chile becomes first South American country to host solvent extraction conference

The International Solvent Extraction Conference (ISEC), which is held every three years, was hosted for the first time in South America, with Chile as the host country, from October 3 to 7. The nineteenth ISEC was a forum for professionals and...

Despite renewables push, coal still provides 80% of SA’s solid, liquid energy requirements and 90% of electricity

In South Africa, the recent sharp energy increases have placed the spotlight on the cost and supply of energy in the future. “Further, the nuclear crisis in Japan and the recent cabinet acceptance of the Integrated Resources Programme (IRP) have...

Uranium spot prices to fall, says RCR

The uranium spot price was expected to decline over the next three to six months, however, the long-term outlook for yellowcake remained positive, equity research firm Resource Capital Research (RCR) said on Tuesday. “The sector has continued...

Long-term uranium market outlook sound, says RCR

The long-term outlook for the uranium market remained sound, despite the events surrounding the Fukushima nuclear fallout in Japan, said equity research firm Resource Capital Research (RCR) on Thursday. “The key lesson from Japan’s nuclear...