Olympic Dam mine, Australia

An underground mine situated in Australia.

Half-hearted uranium price response to Olympic Dam incident

The uranium spot price firmed in October, after BHP Billiton reported an accident at its Olympic Dam copper/uranium mine mine, in Australia, but has failed to find support at the higher level, Australian equity research firm Resource Capital...

Denison sees spot uranium, vanadium flat in Q4

The prices for both uranium and vanadium will likely remain at current levels until the end of the year, as demand for vanadium stays weak and a potential sale by the US Department of Energy (DoE) hangs over the spot market, Denison Mines CEO Ron...

Equipment repairs at Olympic Dam shaft ‘well advanced’

Diversified giant BHP Billiton on Friday reported that an incident at its Olympic Dam uranium and copper mine, in South Australia, had ‘significantly’ damaged operating equipment at the Clark Shaft haulage system, which was responsible for...

Cameco sees uranium price moving to 'realistic equilibrium'

Although spot market pricing for uranium will likely remain volatile in the short term, Canadian producer Cameco Corporation is confident the longer term outlook for the nuclear fuel remains robust, CEO Jerry Grandey said on Monday. “We are...

BHP’s iron-ore output hits record, Olympic Dam faces disruptions

Global diversified giant BHP Billiton on Wednesday reported that it had recorded record quarterly production in its iron-ore and coal divisions, and warned that output from its Olympic Dam uranium/copper mine would be affected by a damaged shaft....

Daily podcast – October 8, 2009

Northam Platinum will spend R3-billion over five years to develop the first module of its new Booysendal mine; and underground ore mining at BHP Billiton's Olympic Dam copper/gold and uranium mine continues.

Olympic Dam mechanical failure probe gets under way – BHP

Underground ore mining at diversified miner BHP Billiton’s Olympic Dam copper/gold and uranium mine, in Australia, was continuing, while an investigation into the cause of the mechanical failure of one of the mine’s haulage systems got under...

Australian juniors form JV to explore for uranium

Gold, copper and uranium explorer Adelaide Resources has entered into a joint-venture (JV) agreement with Southern Uranium to explore for uranium on the eastern Eyre Peninsula, in South Australia. Adelaide Resources would enter the JV through its...

Company Announcement: Drilling to Commence on New Geophysical Models at the Trinity Project, Additional Down Plunge Drill Results at Golden Forty

Attached please find a press release on: New 3D inversion models based on the latest detailed 50m spaced gravity data over the Trinity – Troika area (figure 1) now reveal large discrete gravity anomalies that are characteristic of similar...

Prospects still solid for organic, acquisitive growth at Uranium One – CEO

After a tumultuous first year or so at the helm, delivering solid good news to the market in the early part of this year was like a novel but highly gratifying experience for Uranium One CEO Jean Nortier. The Vancouver-based miner, which reported...

Roller Coaster Continues . . . . but prospects still solid for organic, acquisitive growth at Uranium One, says CEO

After a tumultuous first year or so at the helm, delivering solid good news to the market in the early part of this year was likely a novel but highly gratifying experience for Uranium One CEO Jean Nortier.