In Africa, the bell tolls for uranium mining – activists

Johannesburg – A bleak market outlook most likely forced Karoo Uranium mining hopefuls Peninsula Energy Ltd to withdraw from South Africa. According to Dr Stefan Cramer, SA Faith Communities’ Environment Institute (Safcei) Science Advisor, the same poor outlook will also keep potential buyers from mining the Karoo for uranium. Peninsula announced last week Wednesday that …

Kazakhstan to begin supplying uranium to China

Kazakhstan’s energy minister Kanat Bozumbayev announced Wednesday that the country will supply uranium to five nuclear power plants in China beginning in 2019. “We are working with our Chinese partners on uranium conversion,” Bozumbayev told media representatives at the 18th Asian Nuclear Cooperation Forum held in Kazakhstan’s capital city Astana. China is on schedule to …

GoviEx receives expressions of interest from project lenders for Niger uranium project

JOHANNESBURG  – TSX-V-listed GoviEx Uranium has received expressions of interest from export credit agencies and project finance banks to arrange $220-million of senior debt financing for the construction of the Madaouela uranium project, in Niger. This followed the earlier appointment of Medea Capital Partners as project debt adviser and is in line with the Africa-focused exploration and development company’s four-step strategy to …

India in talks with countries like Uzbekistan to procure nuclear fuel to create uranium reserve​

New Delhi: India is engaging with various countries, including Uzbekistan, to procure nuclear fuel as part of its plan to create a strategic uranium reserve to ensure long-term security. The plan is to have a stockpile of nuclear fuel for its strategic uranium reserve that can sustain the country’s reactors for the next five years so …

Belarus-Russia nuclear fuel supply draft agreement at final stage

VIENNA, 19 September (BelTA) – The preparation of the agreement to supply nuclear fuel to the Belarusian nuclear power plant is at the final stage, Belarusian Deputy Minister Mikhail Mikhadyuk told the media on the sidelines of the 61st session of the IAEA General Conference, BelTA has learned. “We are drafting an supplementary agreement to …