Keeping Score of Canada’s Infamous Uranium Reservoir – The Athabasca Basin

EXCLUSIVE TO SIGHTLINE|U3O8 – Anyone who follows the uranium market is familiar with Canada’s legendary Athabasca Basin (the “Basin”) – host to the “world’s richest uranium deposits with U3O8 grades reaching 10 times that seen around the rest of the world”. Most, however, may not be familiar the true bounty of the region’s uranium stores …

Cameco handed court victory over WA uranium prospect

A uranium deposit in Western Australia under development by Cameco (TSX:CCO, NYSE:CCJ) will not be held up by conservationists who oppose it. Last week the Conservation Council of WA lost an appeal against the Yeelirrie project’s approval by the WA Supreme Court. In his judgment, Chief Justice Wayne Martin dismissed the CCWA’s contention that environmental approval …

Battle still on against uranium mine

Conservationists are considering a High Court appeal against the State Government’s decision to provide environmental approval to the State’s largest uranium deposit in the northern Goldfields after the WA Supreme Court knocked back an application for judicial review yesterday. Former environment minister Albert Jacob approved Cameco’s Yeelirrie Mine near Wiluna in the dying days of …

Resources Increase at the Eastern Athabascas Largest Undeveloped Uranium Project

David Talbot, an analyst with Eight Capital, shared the details of the recently updated estimated mineral resource at this project and its impact on the target price for the company’s stock. In a Feb. 5, 2018, research note, analyst David Talbot relayed that Eight Capital raised its target price on Denison Mines Corp. (DML:TSX; DNN:NYSE.MKT) on the …

New Areva changes name to Orano

New Areva announced today it has been renamed Orano. New Areva comprises Areva’s nuclear fuel cycle activities that remained after the spin-off and subsequent sale of its reactor business. New NP – Areva’s former reactor business – was renamed Framatome earlier this month.  Orano is focused on nuclear materials development and waste management and its activities encompass …

Russia to invest $250 million in uranium exploration, production in Argentina

Russia and Argentina signed Tuesday a memorandum of understanding to advance uranium exploration and production in the South American country, which already generates 5% of its electricity with three heavy-water nuclear reactors. The deal, sealed during a visit by Argentine President Mauricio Macri to Moscow, could bring up to $250 million in investments into the country’s sector, according …

Rosatom keeps uranium mining flat at 3,000 tonnes in 2017

MOSCOW, January 10. /TASS/. Atomredmedzoloto (ARMZ), an affiliate of the mining division of the Russian state nuclear corporation Rosatom, maintained uranium mining in Russia in 2017 at the level of 3,000 tonnes, similarly to 2016, the company said on Wednesday. “ARMZ completely delivered the annual plan of strategic feedstock supplies for the nuclear industry, keeping …

Nuclear Power Market in Kazakhstan

The new report from Energy & Natural Resources Market Reports has been published today. It provides updated in 2018 year analysis of energy & natural resources industries. Kazakhstan is situated in an unstable region, bordering weak Central Asian republics such as Uzbekistan and near war-torn Afghanistan. Kazakhstan has a major plant making nuclear fuel pellets and aims …