No. 1 uranium miner backs physical fund in nod to robust demand

Mining News Pro - Kazatomprom, the world’s largest uranium miner, is backing a new uranium fund that aims to invest in the radioactive metal used to power nuclear reactors.

No. 1 uranium miner backs physical fund in nod to robust demand

Mining News Pro - Kazatomprom, the world’s largest uranium miner, is backing a new uranium fund that aims to invest in the radioactive metal used to power nuclear reactors.

Uranium ETFs roaring back after $1 billion influx on nuclear bet

Mining News Pro - The rally for two exchange-traded funds focused on uranium is surging back, delivering fresh gains to investors who’ve poured more than $1 billion into them this year in a bet on nuclear power’s resurgence.

Uranium price rally is a high-stakes bet on future of nuclear power

Mining News Pro - After languishing at historical lows for the better part of the last decade, uranium suddenly came back from the dead.

Honeymoon not over as Boss eyes uranium production

Mining News Pro - Boss Energy has welcomed Process E&I to the mothballed Honeymoon uranium mine in South Australia under an engineering, procurement and construction (EPC) contract.

Sprott Fund’s buying spree propels uranium stocks to decade high

Mining News Pro - Uranium stocks surged to their highest levels in a decade amid a buying frenzy by Sprott Physical Uranium Trust that’s seen it amass millions of pounds of the commodity used to power nuclear reactors.

Uranium price hits highest level since 2015 as Sprott buys up physical supply

Mining News Pro - The uranium price has surged to the highest level since 2015 due in part to a single fund aggressively cornering the physical market.

Hudson Resources says license won’t be affected by Greenland uranium ban

Mining News Pro - With the Greenland government preparing to outlaw uranium mining once again, Hudson Resources Inc. (TSXV: HUD) is confident that the proposed legislative changes would not impact its exploration licenses in the world’s largest island.

Western Uranium to restart Sunday mine complex in Colorado

Mining News Pro - Easing covid 19 risks and improved uranium fundamentals have prompted Western Uranium & Vanadium to pull the trigger on a restart of uranium exploration development and mining at the Sunday mine complex in western San Miguel County, Colorado.

Uranium production to recover in 2021 after years of limited growth

Mining News Pro - Global uranium production is expected to recover by 3.1% to reach 51.2kt in 2021 due to the return of production at Cigar Lake in Canada and other mines suspended during 2020, says Globaldata, a UK-based data and analytics company.

Australian Government to rehabilitate historic uranium mine

The Australian Government has allocated $3.5 million to rehabilitate the Rum Jungle copper and uranium mine in the Northern Territory.

Is uranium coming back in vogue?

Mining News Pro - Last week, Anthony Milewski, a director of International Consolidated Uranium, made the case to our readers that uranium sentiment is finally improving and the nuclear fuel is now having its day in the sun after years in the darkness following the Fukushima nuclear disaster in 2011.

New high-grade discovery at McClean Lake uranium JV

Mining News Pro - Canadian uranium company Denison Mines on Wednesday announced the discovery of new high-grade unconformity-hosted uranium mineralisation from the winter 2021 exploration programme completed at the McClean Lake joint venture (JV), which is operated by 77.5% owner Orano Canada.

Cameco Cigar Lake restart to put pressure on uranium price

Mining News Pro - Cameco plans to restart production this month at its Cigar Lake uranium mine in northern Saskatchewan.

Stars are aligning for uranium price rally

Mining News Pro - The uranium market is emerging from years in the doldrums as the overhang from the nuclear disaster in Japan is cleared and global demand picks up steam.

Canadian firm plans to start building Niger uranium mine in early 2022

Mining News Pro - A pilot plant program at the Dasa uranium project, in Niger, has delivered better-than-expected metallurgical results and with the required operating permits in hand, Global Atomic CEO Stephen Roman says the company is confident it could start building the Dasa mine early next year.

Yellow Cake CEO sees ‘clear shift’ in uranium sentiment

Mining News Pro - Yellow Cake, a specialist company operating in the uranium sector, is increasing its uranium oxide (U3O8) holdings from 9.3-million pounds to 13.2-million pounds and is actively looking for further market opportunities to increase its exposure to the uranium price.

Rare earth unlocks key reaction in copper, gold, silver, uranium mineralization

Mining News Pro - Researchers at Australia’s Monash University found that the rare earth cerium affects the fate of a key reaction in copper, gold, silver, and uranium mineralization.

Rare earth, uranium miners benefit from EV mania and dash of ESG

Mining News Pro - Rare earth miners and uranium producers are reaping rewards from the flood of money pouring into electrification and ESG investing themes.

ALX Resources requests permit to drill at Gibbons Creek uranium project

Mining News Pro - ALX Resources announced that it has filed a permit application for an exploration program, including drilling, at its 100%-owned Gibbons Creek uranium project in Saskatchewan, Canada.

Australia’s Ranger uranium mine ceases production

Mining News Pro - Energy Resources of Australia has ceased production at its Ranger uranium mine in the country’s Northern Territory after 40 years of operations.

Victoria blocks prospect for uranium mining

Mining News Pro - Victoria’s Legislative Council Environment and Planning committee has flagged that it is unlikely that the state will change its stance on uranium mining.

EPA greenlights Azarga Uranium South Dakota project

Mining News Pro - The United States Environmental Protection Agency (EPA) issued the final permits for Azarga Uranium’s Class III and Class V underground injection control activities at the Dewey Burdock in-situ recovery uranium project in South Dakota.

Brazil to export uranium, if mine proceeds

Mining News Pro - A mining project seen as a priority by the Brazilian government would turn the nation into a uranium exporter and reduce its fertilizer import needs if it proceeds.

Cameco ‘very bullish’ on uranium market

Mining News Pro - Canadian uranium major Cameco remains “very bullish” on the uranium market, citing the role of nuclear power in a global move towards electrification and decarbonisation.

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