R/€ = 16.11 Change: -0.10
R/$ = 14.43 Change: -0.18
Au 1276.64 $/oz Change: 3.03
Pt 884.05 $/oz Change: -11.83


Australia’s minerals council calls for repeal of ‘discriminatory’ nuclear energy ban

By: Esmarie Iannucci     23rd April 2019 The Minerals Council of Australia (MCA) has called on the federal government to repeal a ban on nuclear energy. The call comes after Prime Minister Scott Morrison last week said in a radio interview that while nuclear energy was “not on the agenda”, he noted that nuclear energy had to pay its... 

Uranium imports aren't a threat, Obama's energy chief says

By: Bloomberg     17th April 2019 A former US energy secretary dismissed the idea that an influx of foreign uranium imports is a threat to national security, rejecting what could be a justification for future import quotas to protect domestic suppliers. “I have never considered uranium to be a major security issue,” Ernest... 

Uranium industry weighs rules that have bomb watchers twitching

By: Bloomberg     15th April 2019 Back in the 1970s and 1980s when he was keeping America’s nuclear weapons up to date, Robert Kelley didn’t pay much attention to their source of uranium. But then he was reassigned to lead the international team that accounted for the of hundreds of tons of the heavy metal Iraq secretly... 

Copper producer KGHM may freeze more mines in Canada, US - CEO

By: Reuters     10th April 2019 Poland's KGHM, one of the world's biggest copper and silver producers, has no plan to sell its foreign assets but may freeze some in Canada or the United States if they require big investments, its chief executive said. State-run KGHM, which for many years had focused only on Poland, accessed... 

Berkeley appeals to Spain's Supreme Court over nuclear watchdog nominees

By: Reuters     5th April 2019 Berkeley Energia has appealed to Spain's Supreme Court against the nomination of new members to the country's nuclear safety council (CSN), which is due to assess the Australian company's uranium mine project near Salamanca. The court, in a document released on Thursday, said it had rejected a... 

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... 

Gold surface tailings re-treater increases environmental spend

By: Thabi Madiba     22nd March 2019 South African gold producer DRDGOLD is continuing its progress on environmental initiatives, having increased its environmental spend by 23% to R51.6-million for the 2018 financial year. Total spending of R24.9-million in the first six months of the 2019 financial year was 28% higher than the... 

Climate challenge harder than it seems, JP Morgan executive warns

By: Bloomberg     20th March 2019 The world isn’t cutting carbon emissions anywhere near quickly enough, a senior executive at JP Morgan Asset Management told clients this week – and changing that will require far harder choices than most people realise. In his annual 'Energy Outlook' report, Michael Cembalest, chairperson of... 

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