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...

Uranium One sees ARMZ deal by yr-end after shareholder thumbs up

With shareholder approval now in the bag, Uranium One expects to close the sale of a controlling interest in itself to Russian government-owned uranium miner Atomredmetzoloto (ARMZ) by the end of this year. The company only needed the approval of...

Rosatom will keep Uranium One public, sees nuclear power plants doubling by 2030

Rosatom, Russia's State nuclear group, sees increasing the market value of Vancouver-based Uranium One as a top priority for its mining arm Atomredmetzoloto (ARMZ), and has no intention of buying out the Canadian firm, Rosatom director-general...

Russia's ARMZ targets Uranium One rerating

Uranium prices will need to gain by around 50% from current levels to make new mining projects economic, at least outside of low-cost Kazakhstan, Vadim Zhivov, the director-general of Russia's State-owned uranium miner told Mining Weekly Online on...