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Uranium

Madison identifies high-grade uranium at Namibia project
13th December 2023 By: Tasneem Bulbulia

The Khan project, in Namibia, is becoming a valuable asset to Canadian-headquartered Madison Metals and has potential to contain new high-grade uranium discoveries, says chairperson and CEO Duane... 


ICMM CEO Rohitesh Dhawan.
Mining urged to embrace international council’s new Scope 3 emissions guidance
13th December 2023 By: Martin Creamer

All mining and metals companies are being urged to embrace new guidance on reducing Scope 3 emissions, which was published by the International Council for Mining and Metals (ICMM) on Wednesday.... 


Deep Yellow confirms higher-value, lower capital cost in Tumas DFS review
12th December 2023 By: Marleny Arnoldi

After reviewing a definitive feasibility study (DFS) on the Tumas uranium project, in Namibia, ASX-listed Deep Yellow has made positive reassessments of capital expenditure and the value of the... 


Electricity Minister Kgosientsho Ramokgopa
South Africa to release 2 500 MW nuclear RFP by March, despite electricity plan review
12th December 2023 By: Terence Creamer

The South African government will publish a request for proposals (RFP) for 2 500 MW of new nuclear capacity by March 2024, following the National Energy Regulator of South Africa’s (Nersa’s)... 


Madison raises $500 000 through private placement
12th December 2023 By: Darren Parker

Uranium exploration and development firm Madison Metals has successfully completed a private placement, issuing 1.15-million units at a price of C$0.40 a unit. The transaction generated about $460... 


US House approves Russian uranium import ban
US House approves Russian uranium import ban
12th December 2023 By: Bloomberg

The US House voted Monday to approve legislation that would bar the importation of enriched Russian uranium, sending the measure to the Senate where it has support but limited time for passage this... 


Rio Tinto-owned Energy Resources flags bigger provision of A$2.3bn
Rio Tinto-owned Energy Resources flags bigger provision of A$2.3bn
12th December 2023 By: Reuters

Energy Resources of Australia (ERA), Rio Tinto's majority-owned uranium unit, said on Tuesday it expects to record a bigger provision of about A$2.3-billionrelated to the rehabilitation of its... 


Elevate Uranium bolsters growth strategy with A$10m raise
Elevate Uranium bolsters growth strategy with A$10m raise
8th December 2023 By: Creamer Media Reporter

Elevate Uranium, an ASX-listed company with assets in Namibia and Australia, on Friday announced a placement of shares to raise A$10-million. Demand for the placement, at A$0.32 a share, was... 


Atha Energy buys 92 Energy and Latitude Uranium
Atha Energy buys 92 Energy and Latitude Uranium
8th December 2023 By: Creamer Media Reporter

Minerals explorer Atha Energy on Thursday announced that it would buy Latitude Uranium and 92 Energy to create a new uranium exploration company with assets spread across Canada’s three uranium... 


Boss completes A$205m placement
7th December 2023 By: Mariaan Webb

Boss Energy, which is buying a stake in the Alta Mesa project in the US, has completed its bookbuild to raise A$205-million through a single tranche placement of new fully paid ordinary shares.... 


Russian uranium import ban teed up for US house floor vote
7th December 2023 By: Bloomberg

Legislation that would bar the import of enriched Russian uranium into the US has been teed up for a vote in the US House of Representatives. The Prohibiting Russian Uranium Imports Act, by... 


Jupiter Mines chairperson Ian Murray
South Africa’s community engagement ahead of global peers, manganese AGM hears
6th December 2023 By: Martin Creamer

The South African mining industry is years ahead of its international peers when it comes to local and community engagement, Australia-listed Jupiter Mines, which owns 49.9% of the Tshipi manganese... 


Australia’s Boss Energy buys stake in enCore's Alta Mesa uranium asset
Australia’s Boss Energy buys stake in enCore's Alta Mesa uranium asset
6th December 2023 By: Mariaan Webb

NYSE- and TSX-V-listed enCore Energy has sold a 30% interest in its Alta Mesa project, in the US, to Australia’s Boss Energy for $70-million. Boss will pay $60-million for its interest, make an... 


IsoEnergy solidifies global presence with successful merger
6th December 2023 By: Creamer Media Reporter

TSX-V IsoEnergy, under the leadership of CEO Philip Williams, has successfully closed the merger with Consolidated Uranium (CUR). This union not only marks a significant milestone for IsoEnergy,... 


Madison to raise C$500 000 through private placement
4th December 2023 By: Darren Parker

Uranium mining and exploration company Madison Metals has announced a private placement of units at a price of C$0.40 each for aggregate gross proceeds of up to C$500 000.   Each unit will comprise... 


Mining's net fixed capital formation, shown in blue, must be boosted.
Greenfield investment lagging badly, mining’s contribution to economy halved
1st December 2023 By: Martin Creamer

The growth of investment in fresh new greenfield mining projects is lagging badly and the contribution of the South African mining industry to the national economy has more than halved in the last... 


enCore restarts Rosita ISR uranium plant
enCore restarts Rosita ISR uranium plant
1st December 2023 By: Creamer Media Reporter

NYSE American- and TSX-V-listed enCore Energy has restarted the previously producing Rosita central processing plant (CPP), marking the first step in the company’s south Texas production pipeline... 


Premier American Uranium to start trading on TSX-V
30th November 2023 By: Creamer Media Reporter

Exploration and development company Premier American Uranium (PUR), a spinout of Consolidated Uranium, will begin trading on the TSX-V on December 1. Backed by Sachem Cove Partners, Consolidated... 


Deep Yellow’s Namibia project pushing towards 30-year mine life
29th November 2023 By: Creamer Media Reporter

Uranium explorer Deep Yellow is making strides towards extending the mine life of its Tumas project to a targeted 30 years, with a recent drill programme unearthing additional resources to prolong... 


Uranium emerging from the wilderness – DevEx
24th November 2023 By: Mariaan Webb

The positive sentiment coursing back into the uranium industry is boding well for exploration company DevEx, which is drilling around an historical high-grade uranium mine in Australia, says... 


Former Nedbank investment banker Paul Miller.
New Utshalo has potential to boost mining IPOs, enliven public markets
24th November 2023 By: Martin Creamer

South Africa has a pressing need to reawaken its public markets and the new Utshalo must be complimented for setting out to do just that. New mining capital raisings have become too few and far... 


ARM founder and executive chairperson Dr Patrice Motsepe and Wits ARM Building.
African Rainbow Minerals provides R20-million for Wits University research
23rd November 2023 By: Martin Creamer

Diversified mining company African Rainbow Minerals (ARM) is supporting postdoctoral research into water, energy and digitalisation at the University of the Witwatersrand (Wits) in Johannesburg.... 


Uranium exceeds $80/lb for first time in more than 15 years
Uranium exceeds $80/lb for first time in more than 15 years
21st November 2023 By: Bloomberg

Uranium prices topped $80 a pound for the first time in more than fifteen years on renewed demand for nuclear power and disrupted supplies. Nymex futures tracking physical-market contracts for a... 


Peninsula raises A$60m to fund US uranium mine restart
Peninsula raises A$60m to fund US uranium mine restart
20th November 2023 By: Mariaan Webb

Australia-listed Peninsula Energy on Monday announced a A$60-million equity raise to fund the restart of production at the Lance mine, in Wyoming – one of the biggest near-term uranium development... 


Integrated Geoscience Solutions Technical Director Dr David Khoza.
Imperative that exploration plan be implemented as matter of urgency – Khoza
17th November 2023 By: Martin Creamer

If South Africa is not to be left out of the exploration boom, spurred by the immense mineral resources required to develop technologies needed to achieve net zero, it is imperative that the... 


Sibanye-Stillwater CEO Neal Froneman.
Renewables now critical part of metal mining thinking, says Sibanye-Stillwater
14th November 2023 By: Martin Creamer

Renewables have become a critical part of metal mining thinking, the Sibanye-Stillwater Battery Metals Investor Day 2023 audience heard on Tuesday. “If you look at electricity, renewables are... 


UEC presents economic study for Paraguay titanium project
14th November 2023 By: Mariaan Webb

NYSE American-listed Uranium Energy Corp (UEC) has filed an initial economic evaluation for the Alto Paraná titanium project, in Paraguay, upgrading the resource, refining the technical approach to... 


Macro takes option on Aurora’s lithium in Oregon
14th November 2023 By: Mariaan Webb

Australia-listed Macro Metals on Tuesday announced a binding option to acquire 85% of the lithium rights of the Aurora project in Oregon, US, from fellow-listed Aura Energy Metals. Nonexecutive... 


Madison Metals chairperson and CEO Duane Parnham
Madison successfully renews uranium prospecting licence
13th November 2023 By: Creamer Media Reporter

Namibia- and Canada-focused uranium mining and exploration company Madison Metals has successfully renewed exclusive prospecting licence (EPL) 7011 in the Madison North project area, adjacent to... 


Harmony's Mponeng gold mine.
High-flying Harmony Gold reports whopping 278% free cash rise
13th November 2023 By: Martin Creamer

Higher free cash flow, higher recovered grades, higher production and higher received gold price have been reported by Harmony Gold in its operational update for the three months ended September... 


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