R/€ = 17.18 Change: -0.10
R/$ = 14.82 Change: -0.10
Au 1788.62 $/oz Change: -10.41
Pt 1030.50 $/oz Change: -15.73

Uranium News

Denison sells Goviex shares, warrants for $41.6m

By: Creamer Media Reporter      21st October 2021 Dual-listed Denison Mines has entered into a private agreement to sell shares and warrants that it held in Africa-focused explorer and developer GoviEx Uranium for investment purposes for $41.6-million. Denison will sell 32.5-million common shares, currently held for investment purposes, and... 

No zero carbon without green hydrogen, US pledging $1/kg coal-parity price 

By: Martin Creamer     21st October 2021 The world will be unable to meet its zero-carbon targets without the introduction of green hydrogen solutions, says Plug Power chief strategy officer Sanjay Shrestha, at a time when the US has launched a programme to cut the cost of clean hydrogen by 80%. Nasdaq-listed Plug Power, a pure play... 

Creamer Media Screenshot
Photo by Creamer Media
Plug Power chief strategy officer Sanjay Shrestha

Policy-not-law charter judgment going long way towards providing certainty – NSDV 

By: Martin Creamer     19th October 2021 The court judgement that the mining charter is policy and not law goes a long way towards providing regulatory certainty, says NSDV mining law senior associate Muhammed Khan ­– but it is not the end of the road, he cautions in a 1 500-word analysis entitled The Great Mining Charter Debate. Khan... 

Picutre supplied by NupenStaudeDeVries
NSDV mining law senior associate Muhammed Khan.

No. 1 uranium miner backs physical fund in nod to robust demand

By: Bloomberg     19th October 2021 Kazatomprom, the world’s largest uranium miner, is backing a new uranium fund that aims to invest in the radioactive metal used to power nuclear reactors. ANU Energy OEIC was established as a fund to hold physical uranium as a long-term investment, with initial purchases financed from a... 

Incentive needed for smaller end of stock exchange to survive – Miller  

By: Martin Creamer     18th October 2021 An incentive is needed for the listing of companies on the smaller end of the stock exchange, which is facing an existential crisis, said AmaranthCX director and owner Paul Miller on Monday. Reacting to the groundswell of headlines about delistings and lack of listings on the Johannesburg Stock... 

Creamer Media screenshot of Paul Milller during October 2021 Zoom interview.
AmaranthCX director and owner Paul Miller interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer

Lotus buys another uranium project in Malawi

By: Esmarie Iannucci     14th October 2021 Uranium developer Lotus Resources has acquired the Livingstonia uranium project, in Malawi, for $25 000. The project, which is located some 90km south-east of Lotus’ Kayelekera uranium project, hosts an historical inferred mineral resource of some 8.3-million tonnes, grading 325 parts per... 

ERA warns of 'material' cost overruns at Ranger

By: Esmarie Iannucci     8th October 2021 ASX-listed Energy Resources of Australia (ERA) have warned of ‘material’ cost and schedule overruns in the rehabilitation of its Ranger uranium project, in the Northern Territory. Production at the Ranger mine ceased, in accordance with the Ranger Authority, on January 8, concluding processing... 

Image shows the Ranger uranium mine

Pegasus acquires Saskatchewan uranium property

By: Creamer Media Reporter      7th October 2021 Canadian junior mineral exploration company Pegasus Resources has acquired the Pine Channel uranium property, in the Athabasca Basin in northern Saskatchewan from Eagle Plains Resources for 500 000 shares and a 2.5% net smelter return royalty. The property is prospective for unconformity-related... 

South Africa’s exploration investment lowest since democracy began, Joburg Indaba hears  

By: Martin Creamer     7th October 2021 South Africa’s mining industry is at its lowest level of exploration investment since democracy began in 1994, the Joburg Indaba heard on Thursday. “Never have we spent less – and this is a pity because significant promises were made about an exploration plan for the country,” Joburg Indaba... 

Creamer Media screenshot from Joburg Indaba October 2021
Joburg Indaba covered by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Aura strikes offtake deal for Tiris

By: Esmarie Iannucci     7th October 2021 ASX- and Aim-listed Aura Energy has entered into a $10-million offtake financing agreement with Curzon Uranium Trading at its Tiris uranium project, in Mauritania. Aura told shareholders on Thursday that the funds would be used for working capital for late stage project construction and to allow... 

MCA calls for SMRs in Australia energy mix

By: Esmarie Iannucci     7th October 2021 The Minerals Council of Australia (MCA) has called for serious consideration to be given to advanced nuclear technologies like small modular reactors (SMRs), in Australia’s energy future. “Even with conservative assumptions that include higher than expected construction costs, SMRs could be... 

South Africa in danger of missing out on commodity boom, Joburg Indaba hears  

By: Martin Creamer     6th October 2021 A much more enabling environment is needed to ensure that South Africa does not miss out on yet another commodity boom, the Joburg Indaba heard on Wednesday. “We know that we’ve missed at least one commodity boom,” Foskor chairperson, Industrial Development Corporation director and founding... 

Creamer Media screenshot of PwC Africa CEO Dion Shango at Joburg Indaba 2021
Joburg Indaba opening session covered by Mining Weekly’s Martin Creamer. Video: Darlene Creamer

Innovative wireless sensor approach could make exploration cheaper – Prof  

By: Martin Creamer     5th October 2021 An innovative wireless sensor method of mapping the subsurface of the earth could make exploration cheaper and mining safer, says Professor Musa Manzi, the award-winning director of the Seismic Research Centre of the School of Geosciences at the University of the Witwatersrand. The method, which... 

Picture supplied
Wits Professor Musa Manzi interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Investment in mining crucial to ensure continued contribution to economy – PwC  

By: Martin Creamer     5th October 2021 Investment in the mining industry is crucial to ensure its continued contribution to the South African economy, says PwC in its thirteenth edition of SA Mine 2021, a series of publications that highlights trends in the South African mining industry. In a year of doom and gloom on so many fronts,... 

Creamer Media screenshots and design of elements presented at PwC SA Mine 2021
PwC presentation covered by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Giant private mining companies getting away with no obligation to report anything publicly   

By: Martin Creamer     4th October 2021 A globally significant chrome producer operating six chrome mines and employing 7 000 people inside South Africa – with a social labour plan obligation on every mine, with tax and royalty obligations paid to the State – is permitted to operate in this country with no ongoing public disclosure... 

Creamer Media screenshot of Paul Miller taken during Zoom interview on 4 October 2021
AmaranthCX director Paul Miller interviewed on transparency by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Vimy to start early works at WA uranium project

By: Mariaan Webb     1st October 2021 The Western Australian government has approved the Mulga Rock mining proposal and associated mine closure plan, clearing the way for developer Vimy Resources to implement an early works programme. Vimy’s earthworks contractor would mobilise personnel and equity to the site immediately, the... 

Sibanye-Stillwater moving to radical transparency on public tailings disclosure 

By: Martin Creamer     29th September 2021 Gold, platinum and green metals company Sibanye-Stillwater is moving towards the embrace of radical transparency when it comes to public disclosure on matters relating to tailings facilities against the backdrop of 230 significant tailings failures having taken place globally. Sibanye-Stillwater... 

Creamer Media screenshot
Photo by Creamer Media
Sibanye-Stillwater CEO Neal Froneman

GoviEx reports positive drilling results from Mutanga

By: Tasneem Bulbulia     27th September 2021 Dual-listed GoviEx Uranium has completed the initial infill drilling campaign at the Dibwe East deposit at its wholly owned, mine permitted Mutanga uranium project, in Zambia. Mutanga comprises three mining permits that cover about 720 km2 and contains five deposits – Dibwe, Dibwe East, Mutanga,... 

Defense Metals takes another look at Athabasca uranium projects

By: Creamer Media Reporter      26th September 2021 Junior Defense Metals has started an updated internal technical review of its Athabasca basin uranium project holdings, in light of the renewed interest in uranium that has driven the yellow metal spot prices to multi-year highs. During 2018, Defense Metals acquired the Geiger North and Klaproth... 

Cameco signs MoU to establish uranium supply for Polish reactors

By: Esmarie Iannucci     24th September 2021 TSX-listed uranium miner Cameco, along with GE Hitachi Nuclear Energy (GEH), GEH SMR Technologies Canada (GEH SMR Canada) and Synthos Green Energy (SGE) will jointly evaluate the potential of establishing a uranium fuel supply chain in Canada capable of servicing a potential fleet of BWRX-300... 

Denison launches FS at Wheeler River

By: Esmarie Iannucci     24th September 2021 TSX-listed Denison Mines has greenlit a feasibility study for the Wheeler River uranium joint venture (JV), in Saskatchewan. The feasibility study would be focused on mining operations at the Phoenix deposit, with engineering firm Wood PLC appointed as lead and author for the study. 

An image of the Wheeler River camp.

Blistering uranium rally reignites debate over nuclear’s future

By: Reuters     23rd September 2021 After languishing at historical lows for the better part of the last decade, uranium suddenly came back from the dead. Prices have surged about 40% just in September, outpacing all other major commodities. In just a few weeks, millions of pounds of supply was scooped up by the Sprott Physical... 

Top US energy official sees 'unusual partnerships' for nuclear

By: Bloomberg     21st September 2021 The Biden administration’s top energy official said the nuclear industry should broaden its business case beyond power markets in order to ensure its place in a carbon-free economy. US nuclear energy has come under relentless pressure in recent years from cheap natural gas, solar and wind power.... 

An image of Jennifer Granholm
US Energy Secretary Jennifer Granholm

Price rally rekindles Pegasus’ interest in uranium

By: Mariaan Webb     20th September 2021 The dramatically improved uranium spot price of recent weeks has prompted Canadian junior Pegasus Resources to re-evaluate uranium assets. The company announced on Monday that it was reviewing several uranium assets in, and near, the Athabasca basin of northern Saskatchewan. 

Uranium giant in talks to supply Sprott as investor demand soars

By: Bloomberg     20th September 2021 Top uranium miner Kazatomprom said it may supply the metal to Sprott, the investment firm whose aggressive bets on the market have helped drive a surge in prices. “We already started talks with Sprott,” Askar Batyrbayev, chief commercial officer of the Kazakh producer, said in an interview. “A... 

An image of drums of uranium.

Greenland prepares legislation to halt large rare-earth mine

By: Reuters     17th September 2021 Greenland's new government is preparing legislation that will ban uranium mining and cease development of the Kvanefjeld mine, one of the biggest rare earth deposits in the world, the country's Mineral Resources Minister said. Kvanefjeld, owned by Australian mining firm Greenland Minerals and... 

An image showing an exploration site in Greenland.

As uranium soars, top trust sees hedge funds fuelling demand lift

By: Bloomberg     17th September 2021 The Canadian firm behind the world’s only physical uranium fund said hedge funds and family offices are driving up demand for the radioactive metal used to fuel nuclear reactors. The Sprott Physical Uranium Trust has itself been on a buying spree, bolstering its stockpile by 45% in four weeks... 

Nuclear subs could be pathway to decarbonising - MCA

By: Esmarie Iannucci     16th September 2021 Australia would need to consider the next generation of nuclear technologies as part of its efforts to reduce emissions, the Minerals Council of Australia (MCA) said this week. MCA CEO Tania Constable on Thursday pointed out that while Australia has one third of the world’s uranium supplies,... 

In Arctic push, US extends new economic aid package to Greenland

By: Reuters     16th September 2021 Greenland said on Wednesday it had agreed a new economic aid package with the United States which seeks to boost ties the world's biggest island and strengthen US military presence in the Arctic. Washington has a military base on Greenland but paid little attention to the Arctic for two decades... 

An image of Greenland scenery

South Africa’s junior mining dearth result of unintended consequence – AmaranthCX  

By: Martin Creamer     14th September 2021 South Africa’s junior mining dearth is a result of savings no longer flowing through to primary capital raising and stock exchange listings, as the Jacobs Committee expected them to do. The unintended consequence is that there are no longer small investors for small companies. This has negatively... 

Creamer Media screenshot of AmaranthCX director Paul Miller taken during Zoom interview.
AmaranthCX director Paul Miller interviewed by Mining Weekly's Martin Creamer. Video: Darlene Creamer.

Mining industry lost 23 000 jobs between 2012 and 2019 – Stats SA

By: Tasneem Bulbulia     14th September 2021 About 23 000 jobs were lost in the mining sector between 2012 and 2019, a mining industry report compiled by Statistics South Africa (Stats SA) shows. The biggest losses in jobs were recorded in the mining of gold at 42 000 and platinum group metals (PGMs) at 8 000, Stats SA said in a September... 

Sprott Fund’s buying spree propels uranium stocks to decade high

By: Bloomberg     14th September 2021 Uranium stocks surged to their highest levels in a decade amid a buying frenzy by Sprott Physical Uranium Trust that’s seen it amass millions of pounds of the commodity used to power nuclear reactors. The world’s second-biggest uranium producer Cameco surged as much as 8.5% in Toronto, reaching... 

An image of a drum of uranium oxide.

Kayelekera licenses renewed

By: Esmarie Iannucci     14th September 2021 The Malawi government has renewed the mining and exploration licenses for the Kayelekera uranium project. ASX-listed Lotus Resources on Tuesday told shareholders that the mining license had been renewed for a period of 15 years. 

Broadening ESG has provided clear paths to economic benefit – Sibanye-Stillwater  

By: Martin Creamer     10th September 2021 Sustainability is not a function of compliance but rather a strategic imperative to change the role that mining plays in society and in economies, says Sibanye-Stillwater senior vice-president and head of sustainability Loyiso Ndlovu. “We do this by sticking to the knitting in being miners, and... 

Sibanye Investor Day 2021
Sibanye-Stillwater Investor Day covered by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

World nuclear energy use to grow over next 20 years, requiring increased uranium mining

By: Rebecca Campbell     9th September 2021 The World Nuclear Association (WNA) has forecast that worldwide nuclear energy generation capacity will grow by 2.6% a year over the next 20 years. The prediction is contained in the WNA publication The Nuclear Fuel Report: Global Scenarios for Demand and Supply Availability 2021-2040, which was... 

An image of drill rigs exploring for uranium
Uranium mining and production at Katko, in Kazakhstan.

enCore's Azarga buy consolidates US ISR uranium projects

By: Mariaan Webb     8th September 2021 TSX-V-listed enCore Energy on Wednesday announced that it would buy TSX-listed Azarga Uranium in a transaction that would create a US uranium in-situ (ISR) mining company with multiple assets at various stages of development. “Scale is important in the natural resource sector and this... 

An image showing a project site area in South Dakota, US.
The Dewey Burdock development project in South Dakota.

Uranium surges to six-year high as fund buys up physical supply

By: Bloomberg     8th September 2021 Uranium, the commodity used to fuel nuclear power plants, has surged to the highest level since 2015 due in part to a single fund aggressively cornering the physical market. Investment firm Sprott earlier this year launched its Physical Uranium Trust and recently commented on Twitter about how... 

An image of a drum of uranium oxide.

GoviEx appoints Endeavour Financial to advise on Madaouela financing solution

By: Creamer Media Reporter      7th September 2021 TSX-V-listed GoviEx Uranium has appointed mining financial advisory firm Endeavour Financial to provide financial advisory services with respect to the Madaouela uranium project, in Niger.   “We look forward to working with the Endeavour Financial in developing the optimum financing solution for... 

2 3 4 5 6 7 8 9

Latest News


Latest Videos



RSS Feed


Mining Weekly is a product of Creamer Media.

Other Creamer Media Products include:
Engineering News
Research Channel Africa

Read more


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


Advertising on is an effective way to build and consolidate a company's profile among clients and prospective clients. Email

View options
Free daily email newsletter Register Now
Register Close