https://www.miningweekly.com
R/€ = 17.34 Change: 0.02
R/$ = 14.52 Change: 0.05
Au 1746.16 $/oz Change: 6.58
Pt 1157.00 $/oz Change: -31.00
 

Uranium News

Awesome new proudly South African face mask kindling international interest   

By: Martin Creamer     13th August 2020 An awesome new proudly South African face mask, with a replaceable filtration system at its heart, is attracting international interest. The innovative and timely Hudaco Air Mask is a lockdown-period product of the Johannesburg Stock Exchange-listed Hudaco Industries group. (Also watch attached... 

Peninsula advances work at Lance

By: Esmarie Iannucci     11th August 2020 Uranium developer Peninsula Energy will be ramping-up pre-development activities at its Lance project, in Wyoming. The company said on Tuesday that over the next 12 to 18 months, Peninsula would focus on key site-specific technical, process development and optimisation activities to prepare... 

Mine export values back but volumes need boosting – Minerals Council 

By: Martin Creamer     10th August 2020 South Africa’s mine export values have bounced back encouragingly but volumes still need boosting. June’s export value was 13% up on May. 

Mine export values back but volumes need boosting – Minerals Council
Production and export volumes compared with export values.

GoviEx completes C$5m private placement to fund exploration

By: Simone Liedtke     7th August 2020 TSX-V-listed GoviEx Uranium has closed the last tranche of a nonbrokered private placement offering of over 35.7-million units for gross proceeds of about C$5-million. The net proceeds from the private placement will be used to fund continued exploration and development activities on three... 

GoviEx closes first tranche of nonbrokered private placement

By: Tasneem Bulbulia     6th August 2020 Dual-listed GoviEx Uranium has closed the first tranche of a fully subscribed nonbrokered private placement to raise gross proceeds of about C$5-million. “The [uranium oxide] spot price is up over 30% from the beginning of this year and we are delighted by the strong support received from our... 

Smaller Etango a go for Bannerman

By: Esmarie Iannucci     5th August 2020 A scoping study for the eight-million-tonne-a-year Etango uranium project, in Namibia, has shown that the project would have a mine life of some 14 years. Owner Bannerman Resources on Wednesday reported that the scoping study estimated a life-of-mine production of 51.5-million pounds of uranium... 

Kazatomprom workers returning to site, confirms spot market purchases

By: Mariaan Webb     3rd August 2020 Kazakhstan-based Kazatomprom is mobilising employees and expects to have its sites back to normal staff levels within two to three weeks. The world’s largest uranium producer said on Monday it believed it could safely begin to bring staff back to its mine sites, after a four-month... 

Kazatomprom workers returning to site, confirms spot market purchases

Energy Fuels optimistic about US uranium developments

By: Mariaan Webb     3rd August 2020 Uranium and rare earths elements (REE) company Energy Fuels CEO Mark Chalmers is optimistic that the proposed $1.5-billion to create a US uranium reserve will be funded and implemented, despite sometimes “slow and uneven” progress in the government. “Our allies in Congress and the Trump... 

Energy Fuels optimistic about US uranium developments
The White Mesa mill, in Utah.

Cameco to restart Cigar Lake in early September

By: Mariaan Webb     29th July 2020 Canadian uranium major Cameco on Wednesday announced the planned restart of the Cigar Lake mine, in northern Saskatchewan. The mine will resume operations at the beginning of September, having been placed on care and maintenance on March 23, owing to the Covid-19 pandemic. CEO Tim Gitzel said... 

Cameco to restart Cigar Lake in early September
Cameco will restart operations at Cigar Lake in September.

US moves to streamline uranium extraction rules in bid to boost mining

By: Reuters     24th July 2020 The Trump administration on Thursday moved to streamline water rules on uranium mining, in a move environmentalists said allows the Environmental Protection Agency to give up authority on regulating water pollution. EPA Administrator Andrew Wheeler signed an initial agreement, or memorandum of... 

US moves to streamline uranium extraction rules in bid to boost mining

‘Historic dumps’ do not appear to be MPRDA regulated – law firm 

By: Martin Creamer     20th July 2020 South Africa’s ‘historic dumps’­ – mine dumps created prior to the promulgation of the Minerals and Petroleum Resources Development Act (MPRDA) which took effect in 2004 – do not appear to be regulated under the MPRDA, and the common law owners of such dumps do not require a right under the MPRDA... 

‘Historic dumps’ do not appear to be MPRDA regulated – law firm
Herbert Smith Freehills Patrick Leyden and Aobakwe Mametse.

Global mining sharing knowledge in response to Covid-19  

By: Martin Creamer     14th July 2020 The International Council on Mining & Metals (ICMM) has been convening many knowledge-sharing sessions in response to the coronavirus. Among ICMM’s 27 mining and metals company members and 36 association members are South Africa’s African Rainbow Minerals, Anglo American, AngloGold Ashanti,... 

Global mining sharing knowledge in response to Covid-19
International Council on Mining and Metals CEO Tom Butler talks to Mining Weekly’s Martin Creamer. Video: Darlene Creamer

Positive reaction to ANC document’s encouragement of exploration  

By: Martin Creamer     14th July 2020 Reaction has been positive to the discussion document of economic transformation committee (ETC) of the African National Congress (ANC), which states that the listing of mining companies on the Johannesburg Stock Exchange (JSE) should be encouraged and mining exploration incentivised, as is the... 

Positive reaction to ANC document’s encouragement of exploration
Photo by Creamer Media
Paul Miller...flashback to his period in coal exploration and development.

Peninsula buys uranium for sales contracts

By: Esmarie Iannucci     14th July 2020 ASX-listed Peninsula Energy has signed a binding purchase agreement with UG USA over 400 000 lb of uranium oxide for delivery in 2021. Peninsula currently has 450 000 lb of uranium oxide already committed for sale in 2021, with the company on Tuesday telling shareholders that the latest purchase... 

Covid opens up opportunity for more constructive, purposeful dialogue – Minsur  

By: Martin Creamer     13th July 2020 The Covid-19 pandemic has allowed the mining industry to highlight and strengthen its role as a catalyst of social development in the areas in which it operates, Minsur  CEO Juan Luis Krueger said on Monday. Krueger was speaking during an  International Council on Mining and Metals (ICMM) online... 

Covid opens up opportunity for more constructive, purposeful dialogue – Minsur
International Council on Mining and Metals virtual Covid event covered by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Investors in mining exploration should be incentivised – ANC’s ETC 

By: Martin Creamer     13th July 2020 Listings of mining companies on the Johannesburg Stock Exchange should be encouraged and South African retail investors willing to invest in mining exploration should be incentivised as is the case in other mining jurisdictions, the economic transformation committee (ETC) of the African National... 

Investors in mining exploration should be incentivised – ANC’s ETC
Photo by Creamer Media
ANC document says mining exploration should be incentivised.

Return of foreign mineworkers taking double planned time   

By: Martin Creamer     13th July 2020 The return of the 12 500 foreign mineworkers to South Africa’s mines is taking double the time planned. The initial ten-day plan of Minerals Council South Africa has become a 20-day plan because of the need to overcome bottlenecks. 

Return of foreign mineworkers taking double planned time
Minerals Council South Africa Covid update covered by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Maintenance costs cut at Kayelekera

By: Esmarie Iannucci     9th July 2020 ASX-listed Lotus Resources has reduced the care-and-maintenance cost at its recently acquired Kayelekera uranium project, in Malawi, by some 75%, as the company advances certain restart activities. Lotus on Thursday told shareholders that care and maintenance costs for the mine have been reduced... 

GoviEx to appeal termination of Chirundu mining licence

By: Tasneem Bulbulia     8th July 2020 Dual-listed GoviEx Uranium has received a letter from the Mining Cadastre Department of Zambia notifying the company that it had terminated the Chirundu mining licence.  Under the Zambian Mines and Minerals Development Act of 2015, GoviEx has been given 30 days to appeal this decision, which the... 

Era sees production fall in June quarter

By: Esmarie Iannucci     8th July 2020 Uranium miner Energy Resources of Australia (Era) has reported a 10% decline in uranium oxide production from its Ranger mine, in the Northern Territory, for the quarter ended June. Era on Wednesday reported that 377 t of uranium oxide was produced in the June quarter, down 10% on the previous... 

Baselode Energy acquires second uranium property in Athabasca region

By: Simone Liedtke     7th July 2020 Uranium exploration company Baselode Energy has acquired the Hook uranium property, in the Athabasca basin area of northern Saskatchewan, Canada, in line with its Athabasca 2.0 exploration thesis, which is set to target basement hosted uranium near surface deposits. Hook, which covers around 30... 

Kazatomprom delays production for another month

By: Mariaan Webb     7th July 2020 Uranium major Kazatomprom is delaying the resumption of higher production volumes by another month, saying that pandemic-related risks remain too high for a full return of production employees to its sites. The company in April reduced its uranium production volumes as it implemented physical... 

Kazatomprom delays production for another month

Gold anomalies identified at GoviEx’s Mali uranium project

By: Simone Liedtke     7th July 2020 A recent gold geochemical sampling programme at TSX-V-listed GoviEx Uranium’s Falea uranium/copper/silver project, in Mali, has highlighted significant gold in soil anomalies that show the potential extensions of the Sirabaya West and the Siribaya-Bambadinka gold trends through, and potentially... 

Minerals Council regrets delay of 2018 Mining Charter review 

By: Martin Creamer     6th July 2020 Minerals Council South Africa on Monday expressed regret that the finalisation of the review of the contested elements of the 2018 Mining Charter had been delayed following a judgement of the full bench of the High Court in Pretoria ordering that a number of other parties be joined to the action.... 

Minerals Council regrets delay of 2018 Mining Charter review
Photo by Creamer Media
Minerals Council South Africa.

Covid kills 13 mineworkers, no foreigners back at work  

By: Martin Creamer     2nd July 2020 Thirteen mineworkers have now succumbed to the coronavirus, Minerals Council South Africa public affairs and transformation senior executive Tebello Chabana said on Thursday. Of the 13 who have died, seven were employed in platinum mining in North West province, which has the most cases at 1 413... 

Covid kills 13 mineworkers, no foreigners back at work
Minerals Council South Africa Covid update covered by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Langer Heinrich restart gets priced

By: Esmarie Iannucci     30th June 2020 The Langer Heinrich uranium project, in Namibia, can be brought back online at a capital cost of $81-million, a mine restart plan has found. ASX-listed Paladin Energy on Tuesday noted that a $34-million investment would be required to mobilise the workforce, undertake maintenance and provide... 

Langer Heinrich restart gets priced

Pleasantly surprised by productivity during lockdown – Babcock Ntuthuko Engineering  

By: Martin Creamer     30th June 2020 Engineering company Babcock Ntuthuko Engineering has been pleasantly surprised by the productivity and agility that the lockdown has afforded it as an engineering house engaged in the energy sector. Babcock Ntuthuko Engineering’s major industrial clients include State electricity utility Eskom... 

Pleasantly surprised by productivity during lockdown – Babcock Ntuthuko Engineering
Babcock Ntuthuko Engineering CEO Thava Govender interviewed by Engineering News & Mining Weekly’s Martin Creamer. Video: Darlene Creamer

Court of Appeal upholds Tax Court ruling in Cameco-CRA dispute

By: Creamer Media Reporter      27th June 2020 The Federal Court of appeal has upheld the Tax Court of Canada’s 2018 decision that found in favour of uranium major Cameco in its tax dispute with Canada Revenue Agency (CRA). The dispute centres on reassessments that CRA issued for the 2003, 2005 and 2006 tax years. “Four judges have now... 

Court of Appeal upholds Tax Court ruling in Cameco-CRA dispute
Cameco CEO Tim Gitzel

Canada reaffirms commitment to US critical minerals supply chain

By: Mariaan Webb     18th June 2020 Canada’s Natural Resources Minister Seamus O’Regan has reaffirmed the country’s commitment to develop an integrated North American supply chain for critical minerals. A year ago, Prime Minister Justin Trudeau and President Donald Trump committed to such a supply chain and in January, the two... 

Canada reaffirms commitment to US critical minerals supply chain
Canada Natural Resources Minister Seamus O'Regan

TNT Mining mulls North America dual listing

By: Simone Liedtke     18th June 2020 ASX-listed TNT Mining is looking into the possibility of further trading liquidity and addressing offshore demand by seeking a quotation to trade on the OTCQB Venture and/or the OTCQB Best Market in North America. The company’s board does not intend to issue further securities as part of any plan... 

More border openings wanted for returning workers – Minerals Council 

By: Martin Creamer     15th June 2020 More border openings are wanted for returning foreign mineworkers. As of Thursday last week, not a single foreign mineworker had re-entered South Africa from neighbouring foreign countries. “Only a limited number of border posts are open,” Minerals Council South Africa environment, health and... 

More border openings wanted for returning workers – Minerals Council
Minerals Council South Africa Covid-19 Update covered by Mining Weekly Online’s Martin Creamer. Video: Darlene Creamer

Mantashe justifies controversial nuclear RFI on basis of ‘long lead-time’ involved

By: Terence Creamer     14th June 2020 Mineral Resources and Energy Minister Gwede Mantashe has justified the issuance of a controversial request for information (RFI) relating to a possible 2 500 MW new nuclear build programme on the basis of the long lead-time involved for the building of such power stations. In a Tweet following... 

Mantashe justifies controversial nuclear RFI on basis of ‘long lead-time’ involved
Photo by Creamer Media's Donna Slater
Mineral Resources and Energy Minister Gwede Mantashe

240 000 miners back at work – Minerals Council South Africa 

By: Martin Creamer     11th June 2020 An estimated 240 000 miners are back at work on 385 large and small mines across South Africa, Minerals Council South Africa public affairs and transformation senior executive Tebello Chabana said on Thursday. Each and every one of these miners was screened on their return to work after lockdown... 

240 000 miners back at work – Minerals Council South Africa
Mining Weekly’s Martin Creamer reports on Covid update by Minerals Council South Africa. Video: Darlene Creamer 11.06.2020

ICMM members record 287 fatalities in 2019

By: Martin Creamer     11th June 2020 The International Council on Mining and Metals (ICMM) on Thursday released the 2019 safety data of its company members, who reported 287 occupational fatalities, a marked increase from the 50 fatalities recorded in 2018 and 51 fatalities recorded in 2017. ICMM said in a media release to Mining... 

ICMM members record 287 fatalities in 2019
ICMM CEO Tom Butler

Global mining forum IGF puts forward sweeping employment reforms 

By: Martin Creamer     10th June 2020 The Intergovernmental Forum on Mining Minerals Metals and Sustainable Development (IGF) on Wednesday put forward sweeping mining employment reforms in response to the Covid-19 pandemic, which has, it states, exposed weak points in the global labour market. IGF emerged from the 2002 World Summit... 

Global mining forum IGF puts forward sweeping employment reforms
Photo by Bloomberg
Sweeping mining reforms advocated in response to Covid-19.

MAC recognises Agnico Eagle and Cameco for sustainability projects

10th June 2020 The Mining Association of Canada (MAC) has awarded gold miner Agnico Eagle and uranium producer Cameco this year's Towards Sustainable Mining (TSM) excellence awards in recognition of their innovative sustainability projects focused on community engagement and environmental stewardship. TSM is a... 

MAC recognises Agnico Eagle and Cameco for sustainability projects

Well positioned to weather storm – Standard Bank

By: Martin Creamer     4th June 2020 The Standard Bank is well positioned to weather the Covid-19 storm and remains determined to emerge from this crisis as a stronger Africa-focused financial services group, Standard Bank Group FD Dr Arno Daehnke said on Thursday. The capital and liquidity levels of Africa’s biggest lender by... 

Well positioned to weather storm – Standard Bank
Standard Bank building.

Denison shows proof of concept for ISR mining at Phoenix

By: Creamer Media Reporter      4th June 2020 Uranium company Denison Mines on Thursday announced that engineering consultant Petrotek had developed a hydrogeologic model for the high-grade Phoenix uranium deposit, which demonstrated “proof of concept” for the application of in-situ recovery (ISR) mining at Wheeler River, in northern... 

Denison shows proof of concept for ISR mining at Phoenix
1 2 3
4
5 6 7 8 9

Latest News

more

Latest Videos

more

Projects

RSS Feed

About

Mining Weekly is a product of Creamer Media.
www.creamermedia.co.za

Other Creamer Media Products include:
Engineering News
Research Channel Africa
Polity

Read more

Subscriptions

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

Advertise

Advertising on MiningWeekly.com is an effective way to build and consolidate a company's profile among clients and prospective clients. Email advertising@creamermedia.co.za

View options
Free daily email newsletter Register Now
Register Close