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Uranium
Uranium exploration programme announced
3rd April 2020 TSX-listed Blue Sky Uranium last month announced that the company had started a 4 500 m reverse circulation drilling exploration programme at its wholly-owned Amarillo Grande uranium/vanadium project (AGP) in Rio Negro province, Argentina. The programme will include a total of about 100 holes in... →
Namibia’s plan assists in responsible uranium mining
By: Halima Frost 3rd April 2020 The Namibian Uranium Association (NUA) states that the global uranium community has taken note of the responsible way in which uranium in Namibia is explored for and extracted, says Namibian Uranium Institute (NUI) executive director Dr Gabi Schneider. She states that this responsible method was... →
Green energy driving uranium market
By: Halima Frost 3rd April 2020 With the global commitment to work towards net zero emissions being reaffirmed, the realisation that the world must transition to using the lowest carbon sources is gaining traction, World Nuclear Association senior communication manager Dr Jonathan Cobb tells Mining Weekly. He points out that... →
Feasibility study in progress for uranium project
By: Jessica Oosthuizen 5th April 2019 A feasibility study is being carried out at Canadian uranium company GoviEx Uranium’s flagship Madaouela project, in Niger, and GoviEx CEO Daniel Major says construction could start at the end of the year. The study is being carried out by consulting engineering and science company SRK Consulting... →
Uranium markets rebalancing
By: Jessica Oosthuizen 5th April 2019 Following the nuclear incident at Fukushima, in Japan, in 2011, there has been a global oversupply of uranium. However, markets now appear to be in the early stages of a rebalancing of supply, says US uranium miner and producer Energy Fuels president and CEO Mark Chalmers. He tells Mining Weekly... →
Namibia expected to become third-largest uranium producer by 2020
By: Jessica Oosthuizen 5th April 2019 With Namibia tipped to become the world’s third-largest uranium producer by 2020, the recent scrapping of a 25% black-ownership clause will boost investor sentiment, says analysis and consultancy company Fitch Solutions commodities analyst Sabrin Chowdhury. The country is currently the world’s... →
Canada project positioned to balance global supply
By: Jessica Oosthuizen 5th April 2019 Uranium developer NexGen Energy’s Arrow uranium project, in Saskatchewan, Canada, is uniquely positioned to rebalance global supply back to more geopolitically sustainable levels, says NexGen Energy corporate development VP Travis McPherson. He tells Mining Weekly that Arrow will be the world’s... →
US uranium mining industry seeks court review to overturn mining ban
6th April 2018 US mining industry trade groups have asked the US Supreme Court to review the executive department of the Interior Department’s 20-year ban on new uranium mining claims on one million acres of public land adjacent to the Grand Canyon. The Interior Department is responsible for the management and... →
GRAND CANYON CLAIMS Mining industry trade groups want a ban on new uranium mining claims on land adjacent to the Grand Canyon, reviewed
MoU for development of uranium mining technologies signed
6th April 2018 Canadian uranium mining company Uranium One, Argentina Ministry of Science, Technology and Productive Innovation, and private uranium exploration company UrAmerica Argentina S.A. have signed a memorandum of understanding (MoU) for the development of state-of-the-art uranium mining technologies in... →
South Africa must be proactive in uranium beneficiation pursuit
By: Jessica Oosthuizen 6th April 2018 South Africa needs to decide whether it wants to be a dominant player in the world in terms of uranium exports, says South African Nuclear Energy Corporation (Necsa) scientist and chairperson Dr Kelvin Kemm. He tells Mining Weekly that if the country decides to pursue dominance in the industry,... →
Large uranium deficits expected
By: Jessica Oosthuizen 6th April 2018 The outlook for future uranium demand remains positive amid prevailing low prices, as significant deficits and “substantially higher prices” are expected over the next decade when future supply will be hampered by current under-investment, says uranium development company Bannerman Resources CEO... →
URANIUM SUPPLY Supply cuts will cause a deficit in the uranium sector this year
Long-term improvements forecast for uranium market
By: Robyn Wilkinson 7th April 2017 Although the international uranium market has been facing tough operating conditions, new demand growth is expected later this year on the back of investment in new nuclear reactors in Russia, China and India, says data insights solutions provider GlobalData mining research director Alok Shukla. →
Preparing to keep top producer spot in S Africa
By: Robyn Wilkinson 7th April 2017 Gold producer AngloGold Ashanti has recommissioned a section of its Mine Waste Solutions operation, located in Stilfontein, in the North West, in order to maintain its current uranium production levels in anticipation of potential future upturns in the international market. →
Grade quality should determine investment in uranium
1st April 2016 As so many uranium projects have closed or performed poorly, before starting any uranium venture, the economic fundamentals need to be ensured and, most importantly, the required uranium grade needs to be in place, stresses global energy and resource specialist Venmyn Deloitte MD Andy Clay. The... →
ANDY CLAY ANDY CLAY Resources are being oversold and, for specialist minerals, such as uranium, it is all about grade
Karoo uranium promising
By: Sascha Solomons 1st April 2016 Australia-based uranium miner Peninsula Energy is determined to wrap up the reserve drilling for the definitive feasibility study on its Karoo uranium projects, in Beaufort West, in the Western Cape of South Africa, which will pave the way for a mine to be built by 2019, says Peninsula Energy MD... →
Watchdog claims poor public participation
By: Sascha Solomons 1st April 2016 The uranium mining industry is cause for concern and will create significant challenges for the Karoo community near Beaufort West, in the Western Cape, asserts faith-based environmental watchdog Southern African Faith . He contends that the community has not been properly consulted by the... →
Despite industry dip, uranium shows potential
By: Sascha Solomons 1st April 2016 Gold and uranium have some traction in the market, regardless of the general commodities slump currently draining the profits of the mining industry, metallurgical engineering company MDM Engineering business development director George Bennett tells Mining Weekly. He says that, globally, the... →
Mine control system commissioning scheduled for year-end
By: Dylan Stewart 3rd April 2015 Industrial automation and information solutions provider Rockwell Automation is to commission the primary control system for miner Swakop Uranium’s Husab mine, near Swakopmund, in Namibia, by the end of the year, says Rockwell Automation MD Barry Elliott. →
Uranium demand likely to rise
By: Dylan Stewart 3rd April 2015 Several arrows point upwards when one questions what is likely to happen to the demand for uranium, says Canada-based uranium exploration company Fission Uranium director Anthony Milewski. →
US and Kazakhstan agree on removal of highly enriched uranium
3rd April 2015 Semi-autonomous US government agency the Department of Energy’s National Nuclear Security Administration (DOE/NNSA) plans to work with Kazakhstan, Russia and the International Atomic Energy Agency (IAEA) to return about 50 kg of highly-enriched uranium (HEU) to Russia, thereby eliminating all HEU... →
Uranium-rich South Africa has noncoal emissions-reduction opportunity – consultancy
By: Dylan Stewart 3rd April 2015 Nuclear generation is likely to be the only noncoal solution that could potentially enable South Africa to reach its carbon emission reduction target, says global energy and resource specialist Venmyn Deloitte mining advisory exploration manager Andrew de Klerk, adding that South Africa hosts... →
Radioactive waste conference seeks to shape knowledge of the future
3rd April 2015 Nearly 200 participants at the International Conference and Debate on the Preservation of Records, Knowledge and Memory of Radioactive Waste across Generations, last year agreed that future generations should be provided with knowledge and understanding of their environmental heritage. →
Nuclear projects on the rise
By: David Oliveira 4th April 2014 Despite significantly lower uranium prices, compounded by the negativity surrounding nuclear energy after the Fukushima Daiichi disaster in 2011, the number of nuclear power plants under construction has risen. This is likely to increase global demand for the commodity, says professional services... →
YELLOW CAKE While South Africa has significant reserves and some uranium projects are under way, the country has to ensure that it is market competitive
25% of Langer Heinrich Mine to be sold
4th April 2014 TSX- and ASX-listed Paladin Energy has entered into an agreement to sell a 25% stake in the Langer Heinrich Mine (LHM) to wholly owned subsidiary of China National Nuclear Corporation (CNNC), China Uranium Corporation. The offtake component of the agreement, which was signed in January, allows... →
Drilling programmes in Athabasca basin
4th April 2014 Canada-based resource company Fission Uranium announced in January that it had started a 90-hole winter drill and geophysical programme at its Patterson Lake South (PLS) property in the Athabasca basin, in Saskatchewan, Canada. Drilling at the high-grade uranium discovery will focus on further... →
Early investment made in Australian uranium mine
4th April 2014 Australian uranium mine developer Toro Energy announced in February that South Africa-based investment fund RealFin Capital Partners (RealCap) has subscribed early for shares, for a second time, under the broader $10-million equity subscription investment package, or subscription agreement, which... →
Emerging uranium miner acquires Karoo uranium projects
By: David Oliveira 4th April 2014 Australia-based emerging uranium miner Peninsula Energy announced in December that it had completed its $50-million acquisition of South Africa-based nuclear company Areva Resources Southern Africa’s (Arsa’s) Karoo uranium projects. The acquisition comprises a 74% interest in 36 prospecting... →
CONTINUED EFFORTS Most of the work at the Karoo basin was conducted by Esso Minerals, which drilled almost 9 500 holes since the 1970s
Gold miner announces first uranium reserve
By: David Oliveira 4th April 2014 JSE- and NYSE-listed gold mining company Sibanye Gold has announced a total uranium mineral resource of 418.5-million tons, containing 68.8-million pounds of uranium, with a mineral reserve of 406-million tons containing 43.2-million pounds of uranium. The results, published in February, reflect... →
Uranium mineralisation zones discovered in SW Athabasca basin
4th April 2014 Canada-based uranium exploration and development company NexGen Energy has announced the discovery of new uranium mineralisation zones in the first hole of the Rook 1 project’s Arrow prospect in the south-west Athabasca basin, in Saskatchewan, Canada. The first hole at Arrow, RK-14-21, was... →
INCREASED MINERALISATION The discovery of new uranium-mineralised zones in the Athabasca basin indicates the region’s potential to become a prolific uranium district
Tanzania expected to become second-biggest uranium producer
11th October 2013 Canadian mining company Uranium One’s Mkuju River uranium mine, located in southern Tanzania, has the potential to put Tanzania in a position to surpass Canada as the world’s second-biggest uranium producer, says Tanzania’s former commissioner for minerals Dr Dalaly Peter Kafumu. →
Company awarded JV contract for largest Namibian uranium project
By: Gia Costella 17th May 2013 Engineering, procurement and construction management services provider to the mining and minerals industry Tenova Bateman’s sub-Saharan Africa division was awarded a joint venture (JV) contract with engineering consulting and project management service provider AMEC. →
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