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Lotus to raise $30m to accelerate Kayelekera restart, Letlhakane development
Updated 4 hours ago By: Sabrina Jardim

ASX-listed Lotus Resources plans to raise $30-million through the issue of 100-million new shares at $0.30 apiece to strategic investors. The placement funds will enable Lotus to accelerate the... 

France’s $1.6bn uranium deal with Mongolia faces delays
Updated 7 hours ago By: Reuters

A $1.6-billion uranium mining deal between France and Mongolia that is part of French efforts to diversify supplies to power its fleet of nuclear reactors is running into political hurdles. A... 

Man in hard hat assessing Enduron high-pressure grinding rolls
Smarter mining key amid current market conditions
23rd February 2024 By: Tracy Hancock

Despite the boon of improved uranium demand, overall, depressed commodity prices and costly operating conditions are emphasising the need for Namibian mining companies to ensure that they mine a... 

Harmony's Moab Khotsong mine
Harmony's shares rise on higher earnings outlook
22nd February 2024 By: Creamer Media Reporter

JSE-listed Harmony Gold's share price rose by more than 5% on February 22 after the company reported that its earnings per share (EPS) for the six months ended December 31, 2023, were likely to... 

Western receives C$4.6m from warrant exercises
21st February 2024 By: Creamer Media Reporter

US-focused Western Uranium and Vanadium has received about C$4.5-million in proceeds from the exercise of common share purchase warrants and plans to use most of the proceeds to accelerate the... 

Neo Energy Metals CEO Sean Heathcote
South African uranium project owner to inward list on A2X
20th February 2024 By: Chanel de Bruyn

LSE-listed Neo Energy Metals, which is developing the Henkries uranium project, in the Northern Cape, will inward list its shares on A2X Markets – a South African stock exchange – to enlarge its... 

Goldman, hedge funds step up activity in physical uranium as prices spike
Goldman, hedge funds step up activity in physical uranium as prices spike
20th February 2024 By: Reuters

Investment banks Goldman Sachs and Macquarie, as well as some hedge funds are positioning themselves to reap the benefits of a newly buoyant uranium sector as prices of the nuclear fuel ingredient... 

Niger names new ministers of mining and energy in reshuffle
19th February 2024 By: Reuters

Niger's military government has named new ministers of mining and energy in a government reshuffle, splitting up the previous ministry of mines, petrol and energy into three posts, it said on... 

Stallion to sell noncore Athabasca projects
14th February 2024 By: Creamer Media Reporter

TSX-V-listed Stallion Uranium has entered into a definitive purchase and sale agreement, granting Glorious Creation the right to acquire a 100% interest in its Eastern Basin projects, comprising... 

NickelX snaps up Canada uranium project
NickelX snaps up Canada uranium project
14th February 2024 By: Creamer Media Reporter

Australian exploration company Nickel X on Wednesday revealed its successful acquisition of uranium targets through low-cost claim staking in Ontario, Canada. This move aligns with its commitment... 

Nedbank CIB) Energy Finance Co-Head Amith Singh.
Power aggregators seen as key accelerators of South African mining’s energy transition
13th February 2024 By: Martin Creamer

Many energy projects selling to one buyer, who in turn sells to many mines – this procurement model is seen as a key financial tool to accelerate the energy transition of South Africa’s mining... 

Uranium developers say supply jolt is boosting new projects
Uranium developers say supply jolt is boosting new projects
13th February 2024 By: Bloomberg

Uranium project developers see a stronger outlook for prices and supply pacts after the world’s top producer of the nuclear fuel jolted the market with output cuts. Recent talks with prospective... 

Minerals Council CEO Mzila Mthenjane flanked by Japie Fullard (left) and Dushendra Naidoo (right).
Permanent aerial mesh support, exoskeletons under scrutiny to make mining safer
9th February 2024 By: Martin Creamer

Minerals Council South Africa is looking at the possibility of promoting permanent aerial mesh support throughout the mining industry as part of its fall-of-ground action plan. The Minerals Council... 

Uranium is having more than a momentary surge, says Cameco CEO
Uranium is having more than a momentary surge, says Cameco CEO
9th February 2024 By: Mariaan Webb

The current bullish trend in the uranium market is not just a fleeting moment, uranium major Cameco CEO Tim Gitzel declared on Thursday, stating that the market is driven by global-scale factors... 

an aerial view of the Russel Camp in Canada which is part of Skyharbours portfolio
Uranium explorer expands portfolio
9th February 2024

Uranium exploration company Skyharbour Resources has acquired several new prospective uranium exploration claims through online staking and through an agreement with exploration and project... 

Madison Metals executive chairperson and CEO Duane Parnham
Madison reports high-grade uranium discovery at Khan
8th February 2024 By: Darren Parker

Upstream uranium mining and exploration company Madison Metals has discovered a high-grade uranium mineralisation at Anomaly 5, located within the company’s Khan project at Madison West in... 

Argonaut secures new uranium asset in S Australia
7th February 2024 By: Creamer Media Reporter

Exploration company Argonaut Resources, which is set to rebrand as Orpheus Uranium, has acquired a promising uranium exploration project in South Australia known as the Woolshed project.... 

Copper and uranium explorer announces ASX listing
7th February 2024 By: Creamer Media Reporter

Litchfield Minerals, a junior exploration company focused on the Northern Territory, on Wednesday announced its planned listing on the ASX. With an initial focus on uranium and copper exploration,... 

Ivanhoe Mines executive chairperson Robert Friedland.
Crucial to combine agricultural development with mining, Indaba hears
7th February 2024 By: Martin Creamer

Africa is going to have a huge amount to do to help solve the world’s climate change problems, Toronto-listed Ivanhoe Mines executive chairperson Robert Friedland emphasised in his far-reaching... 

From left Minerals Council South Africa’s Sietse van der Woude, Dr Thuthula Balfour, Japie Fullard, Mzila Mthenjane and Dushendra Naidoo.
Noise-induced hearing loss now highest priority mining health condition, Indaba hears
6th February 2024 By: Martin Creamer

Noise-induced hearing loss has displaced tuberculosis (TB) and silicosis as the top priority health threat in the South African mining industry. “I’m emphasising noise-induced hearing loss because... 

Winter exploration at the PLS project
Fission raises C$75m for PLS uranium project
6th February 2024 By: Mariaan Webb

Kelowna-headquartered uranium exploration and development company Fission on Monday announced a C$75-million bought-deal financing to fund work at the PLS project, in the Athabasca basin.... 

President Cyril Ramaphosa at the Mining Indaba.
South Africa’s mining industry now 39% black-owned, Mining Indaba hears
5th February 2024 By: Martin Creamer

In 2004, the year South Africa’s far-reaching Mining Charter was first introduced, black ownership in South Africa’s globally recognised mining industry stood at a negligible 2%. This has now leapt... 

Uranium stocks extend surge after Kazakh miner cuts output
Uranium stocks extend surge after Kazakh miner cuts output
2nd February 2024 By: Reuters

Uranium miners extended a rally that’s made them the best-performing Australian stocks this year after the world’s biggest producer of the metal used to produce nuclear fuel cut its output target.... 

Bannerman shuffles deck ahead of Etango development
1st February 2024 By: Mariaan Webb

As Bannerman Energy approaches the targeted construction and long-term operation of its uranium mine at Etango, Namibia, the company has announced changes to its key executive roles from Marh this... 

Lotus, A-Cap merger posited to provide uranium opportunities
31st January 2024 By: Tasneem Bulbulia

ASX-listed Lotus Resources completed the implementation of the merger with A-Cap during the quarter ended December 31, which the company avers has created a “leading uranium player with significant... 

Ndalamo CEO Shammy Luvhengo.
Coal miner Ndalamo pursuing renewable energy, other minerals
31st January 2024 By: Martin Creamer

Coal mining company Ndalamo Resources is actively exploring opportunities in renewable energy and other minerals, paving the way for a diversified and resilient future. Ndalamo CEO Shammy Luvhengo... 

An image showing GoviEx's Madaouela project
GoviEx assures shareholders it is unaffected by Niger’s mining sector audit
26th January 2024 By: Tasneem Bulbulia

TSX-V-listed GoviEx Uranium has responded to recent articles published in the wider press concerning an alleged audit of the mining sector in Niger, noting that this will not affect the company.... 

Langer Heinrich was placed on care-and-maintenance in 2018. The mine will resume operations in the first quarter.
Langer Heinrich restart faces minor delay, costs tweaked
25th January 2024 By: Mariaan Webb

After more than six years of care-and-maintenance, the Langer Heinrich uranium mine, in Namibia, has restarted production activities and while Paladin Energy continues to target first commercial... 

A rig at the Dasa uranium project in Niger
Uranium producer Niger launches mining sector overhaul
25th January 2024 By: Bloomberg

Niger temporarily suspended the granting of new mining licenses, the first step in an audit of its mining sector as it seeks to boost government revenue. The country will also take stock of... 

McClean Lake uranium mining to restart
McClean Lake uranium mining to restart
24th January 2024 By: Mariaan Webb

The McClean Lake Joint Venture (MLJV) will restart uranium mining operations, targeting 800 000 lb of uranium oxide (U3O8) in 2025, Orano Canada and Denison Mines announced on Wednesday. Mining at... 

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