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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... 

IN THE DESERT 
The Namibian Uranium Institute has cooperated with the Namibian Government in implementing a Strategic Environmental Management Plan in the Namibian uranium  province
IN THE DESERT The Namibian Uranium Institute has cooperated with the Namibian Government in implementing a Strategic Environmental Management Plan in the Namibian uranium province

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... 

MADAOUELA PROJECT
Construction and prestripping the mine will take two years, and the company expects to start commercial production in 2021
MADAOUELA PROJECT Construction and prestripping the mine will take two years, and the company expects to start commercial production in 2021

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... 

MARK CHALMERS
Energy Fuels believes there is a good chance that some level of support will come from the administration to help rebuild the front-end of the nuclear fuel cycle in the US
MARK CHALMERS Energy Fuels believes there is a good chance that some level of support will come from the administration to help rebuild the front-end of the nuclear fuel cycle in the US

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... 

HUSAB MINE
The Husab uranium mine is expected to ramp up to near-full operational capacity by the end of this year
HUSAB MINE The Husab uranium mine is expected to ramp up to near-full operational capacity by the end of this year

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... 

TRAVIS MCPHERSON
There is enough in terms of resources to position Arrow to generate nearly C$1-billion of free cash flow yearly
TRAVIS MCPHERSON There is enough in terms of resources to position Arrow to generate nearly C$1-billion of free cash flow yearly

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
Photo by Bloomberg
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... 

SIGNING CEREMONY
The memorandum confirms the interest of Argentina in the development of the most efficient technology applied to uranium production – in-situ recovery
SIGNING CEREMONY The memorandum confirms the interest of Argentina in the development of the most efficient technology applied to uranium production – in-situ recovery

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,... 

KELVIN KEMM
There is a whole associated business around uranium mining
KELVIN KEMM There is a whole associated business around uranium mining

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
Photo by Bloomberg
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. 

NUCLEAR SURGE
Twenty-two new nuclear reactors are scheduled for completion this year, which will require triuranium octoxide, or yellowcake, for operation
NUCLEAR SURGE Twenty-two new nuclear reactors are scheduled for completion this year, which will require triuranium octoxide, or yellowcake, for operation

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. 

MANAGING OPERATIONS
The Great Noligwa mine was added to the Moab Khotsong operation in 2014, where uranium is produced as a by-product of gold production
MANAGING OPERATIONS The Great Noligwa mine was added to the Moab Khotsong operation in 2014, where uranium is produced as a by-product of gold production

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
Photo by Duane Daws
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... 

GUS SIMPSON
The Karoo projects offer an excellent opportunity for domestic uranium supply to fuel the new reactors that are being developed under the recently announced expansion of South Africa’s nuclear power generating capacity
GUS SIMPSON The Karoo projects offer an excellent opportunity for domestic uranium supply to fuel the new reactors that are being developed under the recently announced expansion of South Africa’s nuclear power generating capacity

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... 

PROVIDING INSIGHT
The Southern African Faith Communities' Environment Institute is embarking on a new project to educate communities in the Karoo about uranium mining
PROVIDING INSIGHT The Southern African Faith Communities' Environment Institute is embarking on a new project to educate communities in the Karoo about uranium mining

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... 

HUSAB IN NAMIBIA One of MDM Engineerings core aspects is successfully developing clients' projects
HUSAB IN NAMIBIA One of MDM Engineerings core aspects is successfully developing clients' projects

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. 

DEV RHANDAWA Although uranium is demanded by hundreds of power stations, it is sourced in too small a number of mines
DEV RHANDAWA Although uranium is demanded by hundreds of power stations, it is sourced in too small a number of mines

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
Photo by Bloomberg
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
Photo by Cumulus
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
Photo by Bloomberg
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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