The Saskatchewan Mining Association (SMA) supports Saskatchewan’s Growth Plan, including their support of a globally competitive mining sector

The Saskatchewan Mining Association (SMA) supports Saskatchewan’s Growth Plan The Next Decade of Growth / 2020-2030, including their support of a globally competitive mining sector. “The mining sector continues to be a primary engine of growth for the Saskatchewan economy. By providing a stable framework for growth of the mining sector, Saskatchewan communities, residents and …

The uranium industry wants to be great again, but how long will it take?

Uranium markets have been struggling for several years, and industry commentators have been saying for awhile now that the recovery is coming. But just how close is it? From $US140 highs in 2007, prices shrunk due to the GFC and Japan’s Fukushima disaster and the industry struggled. Uranium prices 2007-2019 (Pic: Bloomberg) In 2019, there …

UAE, Russia to strengthen cooperation in oil, peaceful nuclear energy

The upcoming visit of Russian President Vladimir Putin to the UAE reflects the strong strategic partnership between the two nations and will pave the way for further cooperation in a number of vital sectors, namely in oil and peaceful nuclear energy, said Suhail bin Mohammed Faraj Faris Al Mazrouei, Minister of Energy and Industry. Speaking …

Beijing wants to work with Russia on nuclear power plants in China & wind projects in Arctic

Beijing is seeking greater energy cooperation with Moscow in Russia’s Arctic region, according to Ou Xiaoming, chief representative of China’s State Grid (the national power company). China and Russia are developing deep cooperation in the field of nuclear power and have expansive room for further growth. Russia has rich experience in the production and construction …

Time to look again at Queensland’s uranium ban

The House of Representatives Standing Committee on the Environment and Energy is currently conducting an inquiry into the prerequisites for nuclear energy in Australia. The inquiry terms of reference ask the committee to examine circumstances and prerequisites necessary for any future government’s consideration of nuclear energy generation. The discussion is important because Australia has the …

Energy is the new bridge in US-India relationship

With state-run Petronet LNG Ltd announcing its plans to invest in Tellurian Inc’s US Gulf Coast project, energy has cemented its place as the new bridge in the India-US bilateral relationship. Given that defence partnership was the cornerstone around New Delhi’s engagement with Washington, the LNG sourcing announcement and the CEO’s roundtable held during Indian …

Trump’s Section 232 refusal activates institutional investors on uranium upside

Tribeca Global Natural Resources Ltd. says President Donald Trump’s refusal to impose U.S. uranium production quotas has awoken institutional investors to uranium, thus removing the “handbrake” holding back investment in the sector for the past year. Defying a U.S. Commerce Department Section 232 investigation finding that uranium imports threaten national security, Trump refused the recommendation …