Top uranium producer Kazakhstan hikes tax
Kazakhstan, the world’s largest producer of uranium, is increasing its mining tax on the nuclear fuel by at least 50% next year. The central-Asian country is to raise the rate…
Russia and Central Asia
RANKED: The world’s top 10 gold miners
Gold has re-emerged as one of the top asset classes of 2024, having risen by 12% year to date and shattered multiple records along the way. It is now well…
Lithium price surge unlikely to return: Fitch
The lithium market has entered a “new normal” period of stability with sustained price surges a thing of the past, analysts at FitchSolutions BMI said in a webcast Thursday. Falling…
China to build $1.5B copper smelter in Kazakhstan
Copper smelter is projected to have an annual production capacity of 300,000 tonnes.
Canadian mining industry rallies to support Afghanistan women scholars at risk
Some of the biggest names in Canadian mining have come together in an initiative that brought 10 women scholars from Afghanistan to pursue graduate studies in mining and geology at…
Cameco’s Gitzel explains uranium strategy
Tim Gitzel, president and CEO of uranium producer Cameco (TSX: CCO; NYSE: CCJ), recounted the ups downs of the nuclear industry as he described the company’s approach at The Northern Miner’s Energy…
Video: Uranium firms glow even as hurdles remain
The uranium industry is buoyed by its highest metal price in 17 years, pro-active government policies and improved public sentiment, yet it faces headwinds, panellists said at The Northern Miner’s…
Kazatomprom uranium sales lag behind production
The world’s top uranium producer, Kazatomprom (LSE: KAP), reported a 10% increase in production in its first quarter results, while sales were down by more than a half compared to…
Barrick’s Mali mine feeds Russian war machine, advocacy group says
Barrick Gold (TSX: ABX; NYSE: GOLD) faced criticism outside its annual general meeting on Tuesday in Toronto for supporting Malian rulers with ties to Russia. The operator of the Loulo-Gounkoto…
Cameco shares drop on ‘disappointing’ first quarter loss
Cameco (TSX: CCO; NYSE: CCJ) shares fell 7% Tuesday after first quarter results showed net losses of $7 million. The uranium major’s adjusted net earnings fell 51% to $56 million, a…
MAC, Copper Mark team up to enhance transparency, credibility
The Mining Association of Canada (MAC) and The Copper Mark are collaborating on a pilot project seeking to enhance the assurance processes of both Towards Sustainable Mining (TSM) and the…
The Mine that Fell Asleep in the Goldfields awakens young minds
In the hardscrabble world of mining, where data is king and machinery reigns supreme, first-time author Catherine Lalut wields not a drill but a quill with the children’s book The…