R/€ = 19.4443 Change: 0.0158
R/$ = 17.8350 Change: 0.0348
Au 1982.33 $/oz Change: 1.88
Pt 987.04 $/oz Change: 18.45

Uranium News

Australia risks losing pole position in critical minerals race

By: Reuters     30th March 2023 Australia is at risk of losing its head start in critical minerals processing because it has not yet laid down a national strategy, even as other governments are splashing out incentives to grab market share and bolster security. Supplier of nearly half of the world's lithium, Australia is also... 

Mining needs truth-and-reconciliation approach to ESG, says Rifle-Shot’s Naidoo  

By: Martin Creamer     29th March 2023 Mining companies need to approach environmental, social and governance (ESG) principles on a truth and reconciliation footing and be honest about where they are on a scale of one to 10, says Rifle-Shot Performance business development director Dilley Naidoo. Naidoo, who spoke to Mining Weekly on... 

Rifle-Shot Performance Business Development Director Dilley Naidoo.
Rifle-Shot’s Dilley Naidoo interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Aura updates Tiris economics

By: Esmarie Iannucci     29th March 2023 An enhanced definitive feasibility study (EFS) into the Tiris uranium project, in Mauritania, has increased the project’s expected average production by 150% and has increased its mine life. ASX-listed Aura Energy on Wednesday announced that the EFS has estimated an average yearly production of... 

Platinum group metals can add million South African jobs plus R8-trillion to economy  

By: Martin Creamer     28th March 2023 Collaborative marketing of platinum group metals (PGMs) has the potential to add a million more South African jobs and contribute R8-trillion more to the economy as the world greens and lowers carbon intensity. The combination of green hydrogen displacing natural gas and fuel cell electric... 

Platinum group metals can boost South African jobs and economic growth.
PGM Industry Day covered by Mining Weekly’s Martin Creamer. Video editing: Darlene Creamer.

Cameco receives tax refund of C$300m

By: Creamer Media Reporter      28th March 2023 Uranium miner Cameco said on Monday that it would receive a refund of C$300-million from the Canada Revenue agency (CRA) in its long-standing tax dispute with the agency. The CRA has issued revised assessments for the 2007 through 2013 tax years that would result in the company being refunded a... 

IAEA confirms almost all missing uranium in Libya now accounted for

By: Reuters     27th March 2023 Most of the roughly 2.5 tons of natural uranium ore concentrate (UOC) recently declared missing from a site in Libya have been found at that site, the UN nuclear watchdog told member states on Friday in a statement seen by Reuters. The International Atomic Energy Agency informed member states in... 

ERA draws down funding as it flags entitlement offer

By: Esmarie Iannucci     27th March 2023 ASX-listed Energy Resources of Australia (ERA) will draw down the full A$100-million from the revised credit facility agreed with mining major Rio Tinto last year, to provide the company with additional liquidity while it progresses the rehabilitation of the Ranger uranium project, in the... 

Safety environment that almost guarantees that people come first is a must, says Naidoo  

By: Martin Creamer     20th March 2023 Mine safety is absolutely essential. Stopping injury and fatality in mines just has to happen. How can South Africa achieve the zero harm that is needed? This was Mining Weekly’s opening question to Dilley Naidoo, the director of business development at Rifle-Shot Performance. (Also watch... 

Mining is striving for zero harm.
Rifle-Shot Performance's Dilley Naidoo interviewed by Mining Weekly's Martin Creamer. Video and Video Editing: Darlene Creamer.

UEC increases total resources in Arizona

By: Mariaan Webb     17th March 2023 US-based Uranium Energy Corp (UEC) has increased the resources under its control in Arizona to 32-million pounds in the measured and indicated category and about 4.5-million pounds in the inferred category. The increase follows the disclosure of mineral resources for the Workman Creek project,... 

Okapi takes stake in uranium technology firm

By: Esmarie Iannucci     17th March 2023 ASX-listed Okapi Resources will take a 19.9% stake in technology company Ubaryon, after that company’s shareholders approved a A$3.1-million investment. Ubaryon is developing and commercialising a novel chemical uranium enrichment technology and has recently established a laboratory at... 

enCore to restart uranium production from Alta Mesa

By: Mariaan Webb     16th March 2023 US-based encore Energy has announced plans to resume uranium production from its Alta Mesa processing plant, in South Texas, in early 2024. This will be the company’s second producing location following the resumption of uranium production at the South Texas Rosita uranium processing plant,... 

Tons of uranium missing from Libyan site, IAEA tells member States

By: Reuters     16th March 2023 UN nuclear watchdog inspectors have found that roughly 2.5 t of natural uranium have gone missing from a Libyan site that is not under government control, the watchdog told member States in a statement on Wednesday seen by Reuters. The finding is the result of an inspection originally planned for... 

Peninsula says Wyoming uranium project restart delayed

By: Esmarie Iannucci     16th March 2023 Uranium developer Peninsula Energy has pushed back the restart of commercial production at its Lance project, in Wyoming, from the first quarter of this year until mid-2023. The ASX-listed company on Thursday explained that there had been a delay in the delivery of equipment. “The Lance project... 

Peninsula says Wyoming uranium project restart delayed

ValOre sells Angilak uranium project to Labrador Uranium

By: Creamer Media Reporter      15th March 2023 TSX-V-listed ValOre Metals has entered into a definitive agreement to sell its Angilak uranium project, in Nunavut Territory, to Labrador Uranium for C$3-million in cash and shares worth C$40-million. As a condition to closing of the transaction, Labrador will complete a subscription receipt... 

Banking has crucial role to play in enabling mining to transition to clean energy, says Nedbank CIB 

By: Martin Creamer     14th March 2023 The banking sector has a crucial role to play in enabling mining companies to transition to clean energy fully, says Nedbank Corporate and Investment Banking (CIB) principal for sustainable finance solutions Telvina Naidoo. “Innovative funding structures and sustainable-finance solutions can help... 

Nedbank Corporate and Investment Banking (CIB) principal for sustainable finance solutions Telvina Naidoo.
Nedbank Corporate and Investment Banking (CIB) principal for sustainable finance solutions Telvina Naidoo.

Alligator hopeful of uranium future in S Australia

By: Esmarie Iannucci     14th March 2023 A scoping study into the Blackbush deposit at the Samphire uranium project, in South Australia, has confirmed that the project could produce some one-million pounds a year of uranium oxide (U3O8) over a mine life of eight years. ASX-listed Alligator Energy on Tuesday reported that initial... 

Madison Metals using NFTs to open up new uranium trading opportunities

By: Darren Parker     13th March 2023 Canadian uranium explorer and miner Madison Metals has launched what CEO Duane Parnham believes is the first ever uranium-backed nonfungible token (NFT). NFTs are digital assets defined by unique digital identifiers that are recorded in a blockchain. The company hopes it can get retail buyers to... 

Re-pursue exploration to help re-build South Africa’s economy, says business booster   

By: Martin Creamer     13th March 2023 Let us re-pursue the exploration investment that catalysed South Africa’s economic growth more than a century ago as a means of helping to rebuild South Africa’s struggling economy. That is among the ardent messages put over by mining sector performance enhancer Dilley Naidoo, the the director of... 

Dilley Naidoo, Director of Business Development, Rifle-Shot Performance.
Rifle-Shot Performance's Dilley Naidoo interviewed by Mining Weekly's Martin Creamer. Video: Darlene Creamer.

We stand ready to support renewable energy, says Standard Bank 

By: Martin Creamer     10th March 2023 Standard Bank says it is at the ready to support renewable energy and infrastructure projects. The bank, which this week delivered record 37%-higher headline 2022 earnings of R34.2-billion and paid the highest dividend in its 161-year history, expresses the view that meaningful structural reform... 

CEO Sim Tshabalala.
CEO Sim Tshabalala.

Power Metal's planned IPOs delayed

By: Darren Parker     10th March 2023 Metals mining company Power Metal announced on March 10 that its planned initial public offerings (IPOs) are taking longer than expected. In a strategic update, the company cited extensive preparatory work in the pre-IPO process, the need to complete work in all vehicles to enable immediate and... 

Job losses at Beatrix 4 shaft, Kloof 1 plant minimised, Sibanye-Stillwater reports

By: Martin Creamer     9th March 2023 Precious and green metals mining company Sibanye-Stillwater said on Thursday that it had completed consultations to minimise job losses in restructuring its South Africa gold operations. The consultation took place under Section 189A (S189) of the Labour Relations Act, 66 of 1995, amid ongoing... 

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

Global Atomic upsizes offering to C$50m

By: Mariaan Webb     3rd March 2023 Toronto-listed uranium development company Global Atomic on Thursday announced an increase in the size of its previously announced bought deal prospectus offering from C$25-million to C$50-million, citing significant demand. Under the revised offering, underwriter Red Cloud Securities has agreed... 

Sibanye-Stillwater records third-best earnings as it celebrates tenth anniversary  

By: Martin Creamer     28th February 2023 This month ten years ago, Sibanye Gold Limited was unbundled by Gold Fields Limited and listed on the JSE and the NYSE as an independent company with three deep-level South African gold mines and a market capitalisation of R10-billion. Today, the group, headed by CEO Neal Froneman, is intent on... 

Sibanye-Stillwater ten years on.
Sibanye-Stillwater's half-year results presentation covered by Mining Weekly's Martin Creamer. Video editing: Darlene Creamer.

Higher commodity prices failing to spur fixed mining investment  

By: Martin Creamer     28th February 2023 The regulatory uncertainties and inability of the industry to transparently, quickly and efficiently apply for mining and prospecting rights in a corruption-free manner has had severe investment consequences, Minerals Council South Africa states in its Facts & Figures Pocketbook 2022. This is... 

South African mining remained a trillion rand industry for the second year in 2022.
South African mining remained a trillion rand industry for the second year in 2022.

Paladin continues to progress restart efforts at Langer Heinrich

By: Tasneem Bulbulia     27th February 2023 ASX-listed Paladin Energy says in its statement for the six month ended December 31, 2022, that since the decision was made in July 2022 to restart the Langer Heinrich mine (LHM) in Namibia and reach commercial production in calendar 2024, the restart project continues. This continues with a... 

Trackless mobile machine safety next big challenge, says Minerals Council  

By: Martin Creamer     27th February 2023 Having last year achieved the lowest fall of ground fatalities ever, South African mining’s next big safety challenge is to achieve greater safety in the use of trackless mobile machines – rubber-tired vehicles that operate in underground mines without making use of rail tracks. In 2021, South... 

From left to right, Nikisi Lesufi, Japie Fullard, Roger Baxter and Allan Seccombe.
From left to right, Nikisi Lesufi, Japie Fullard, Roger Baxter and Allan Seccombe.

King hosts sit-down with critical minerals stakeholders

By: Esmarie Iannucci     24th February 2023 Federal Resources Minister Madeleine King this week met with key industry and community groups to discuss how to best develop Australia’s critical minerals sector. King said the roundtables discussed how governments could help attract investment and support the development of critical minerals... 

Namibia’s current capacity unpacked - Institute

By: Halima Frost     24th February 2023 The Namibian uranium sector is not only recovering from a global slump but is also, in fact, growing, owing to uranium prices improving amid positive supply and demand fundamentals, says Namibian Uranium Institute (NUI) executive director Dr Gabi Schneider. “Besides a few ebbs and flows over the... 

A large openpit uranium mine in Namibia with mine trucks moving ore to the processing facility
DEEPLY INGRAINED The Namibian Uranium Institute says an increased openness to use nuclear power as a green energy source has seen uranium prices increase substantially

Uranium demand growing on back of Paris Agreement

By: Halima Frost     24th February 2023 Global analysts suggest that a greater uptake of nuclear power generation is expected in the future, in line with predictions that global utility uncovered uranium requirements will rise “tremendously”, says Namibian Uranium Institute (NUI) executive director Dr Gabi Schneider. This will be... 

A sunset picture of a helicopter kicking up dust above the Elevate uranium mine in Namibia
FLYING HIGH The Elevate Uranium mine is one of many uranium mines in the country that contribute to Namibia's global uranium suppl

Anglo has 600 MW keyed up ready to go, green hydrogen also developing rapidly, says Wanblad  

By: Martin Creamer     23rd February 2023 All policy in South Africa specifically relating to energy certainly does tend to be moving into a path of time and space where it really is incentivising the building out of renewable energy generation capacity in the country, said Anglo American CEO Duncan Wanblad on Thursday when the London-... 

Anglo American CEO Duncan Wanblad.
Anglo American results covered by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Closer alliance needed for critical minerals development - Minister

By: Esmarie Iannucci     23rd February 2023 Government and industry would need to work together to bring forward a new wave of investment to advance Australia’s critical minerals sector, federal Resources Minister Madelein King said this week. Speaking in Perth, King noted that Australia’s critical minerals major project pipeline... 

Minerals Council welcomes 125% energy tax break in Budget speech

By: Martin Creamer     22nd February 2023 Minerals Council South Africa welcomed the government’s intervention on Eskom’s debt and the financial encouragement to stimulate businesses building renewable energy projects by offering generous tax incentives as outlined in the 2023 Budget Speech. The Minerals Council believes there should be... 

New plan in the works for Ranger rehabilitation

By: Esmarie Iannucci     22nd February 2023 A revised mine closure plan for the Ranger uranium project, in the Northern Territory, is expected in September. ASX-listed Energy Resources of Australia (ERA) in May last year launched a feasibility study to assess a lower technical risk rehabilitation methodology and to further refine the... 

South Africa’s hydrogen corridor will create 14 000 jobs, says Anglo Platinum CEO  

By: Martin Creamer     20th February 2023 South Africa’s hydrogen corridor, which has been declared a strategic project, will create 14 000 jobs and consume 63 000 oz of platinum, Anglo American Platinum CEO Natascha Viljoen told Mining Weekly on Monday. Viljoen’s interview by Mining Weekly followed the JSE-listed company’s presentation... 

Anglo American Platinum CEO Natascha Viljoen (left) and FD Craig Miller at the results presentation.
Anglo American Platinum CEO Natascha Viljoen interviewed by Mining Weekly’s Martin Creamer. Video: Nicholas Boyd. Video Editing: Darlene Creamer

Okapi raises cash

By: Esmarie Iannucci     20th February 2023 Uranium explorer Okapi Resources has completed a A$5.1-million capital raise. The company placed some 34.2-million shares, at a price of 15c each to new and existing institutional and sophisticated investors, The first tranche of 17.4-million will be issued under the company’s existing... 

Opportunity to commercialise greenness of South Africa’s nuclear power, says South32 

By: Martin Creamer     17th February 2023 Nuclear power is part of the green taxonomy in Europe, where South Africa places most of its aluminium products and where most of the price pressures on non-green aluminium are going to arise in the coming years. But, for some reason, nuclear energy is not part of the green taxonomy in South Africa. 

South32 COO Noel Pillay.
South32 COO Noel Pillay.

Green hydrogen moves by China, India boosting outlook for platinum group metals  

By: Martin Creamer     14th February 2023 The firm embrace of the new green hydrogen and hydrogen fuel cell future by China and India is a huge twin boost for Southern Africa’s great platinum group metals (PGMs) endowment, Mining Weekly can today report. Hydrogen technologies have a special relevance for South Africa as most of the PGMs... 

Prime Minister Narendra Modi is intent on making India a global green hydrogen hub.
Photo by Hydrogen Council
Prime Minister Narendra Modi is intent on making India a global green hydrogen hub.

Aura grows confidence in Tiris resource

By: Esmarie Iannucci     14th February 2023 Dual-listed junior Aura Energy has reported a 52% increase in the measured and indicated resource at its Tiris uranium project, in Mauritania. The measured and indicated resource now stands at 62.1-million tonnes at 216 parts per million uranium oxide, for 29.6-million pounds of uranium oxide. 

2 3 4 5 6 7 8 9
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
Subscribe Now
Free daily email newsletter Register Now