Paladin suspends production at Kayelekera
VANCOUVER — In the most significant curtailment of today’s uranium cycle, Paladin Energy (TSX: PDN) is suspending production its Kayelekera mine in Malawi until the uranium price recovers.
Uranium
Southwest Athabasca heating up thanks to NexGen, Fission
VANCOUVER — Two companies with neighbouring uranium properties released stellar drill results on the same day, stoking further excitement that the long-overlooked southwest edge of the Athabasca basin hosts significant uranium at shallow…
Japan sees reactors in future, uranium investors rejoice
It didn’t come as a total surprise, but the Japanese government’s pronouncement that nuclear reactors will be part of its future offered uranium miners and investors alike the shot in the arm that has been so long overdue.
Ur-Energy flaunts its Lost Creek project
Ur-Energy (TSX: URE; NYSE-MKT: URG) has impressed many analysts with stellar uranium grades from its relatively new Lost Creek in-situ recovery facility in Sweetwater County, Wyo., despite missing initial production targets.
Forum Uranium hopes 2014 will be a breakout year
For a pint-sized explorer and developer with a market capitalization of $11 million and $4 million in cash, Forum Uranium (TSXV: FDC; TSX: FDCFF) has grand plans for its projects in Saskatchewan and Nunavut. But then the company also has some…
Uranium Participation lands $50M financing
VANCOUVER — Uranium Participation’s (TSX: U) business model is simple: own uranium.
Paladin sells 25% of Langer Heinrich
Paladin Energy (TSX: PDN) is following through on a vow to reduce its stake in its Langer Heinrich uranium mine in Namibia.
Denison to drill 60,000 metres in 2014
While challenging market conditions are forcing many companies to axe their exploration budgets, Denison Mines (TSX: DML; NYSE-MKT: DNN) is pumping $15 million into a 60,000-metre drill program in the Athabasca basin in 2014, marking one of its…
Cameco rises on uranium optimism
Saskatoon-based Cameco (TSX:CCO; NYSE:CCJ), like many uranium miners, is enjoying renewed predictions of higher uranium prices and growing demand.
U3O8 eyes JV with Chubut gov’t at Laguna Salada
VANCOUVER — There are a myriad of issues that can raise trip up mine developers in Argentina, but it looks like Toronto-based U3O8 Corp.’s (TSX: UWE; US-OTC: UWEFF) Laguna Salada uranium–vanadium project in Chubut province…
Paladin looks to wait out uranium slump with refinancing
Uranium prices are continuing to languish three years after the Fukushima meltdown, but Paladin Energy (TSX: PDN) is attempting to put itself in a better position to weather the prolonged slump.
Book excerpt: The life and times of Duncan Derry
The following is an excerpt from the newly published biography “Mining exploration – the life and times of Duncan R. Derry” by his son Douglas L. Derry. Over a half century, Duncan Derry travelled extensively internationally working as an…