Top U.S. Uranium Producer Files Section 232 Petition

Under difficult uranium market conditions, this U.S. producer is capitalizing on a number of innovative opportunities. Energy Fuels Inc. (EFR:TSX; UUUU:NYSE.American) President and CEO Mark Chalmers addressed the uranium market issues in a recent letter to shareholders, “Things are happening in global uranium markets, namely major production cuts, that we believe will rationalize this market …

Russia brings Chinese funding into uranium mining

Russia has opened its uranium mining industry to foreign investment with an agreement signed yesterday between the Russia-China Investment Fund for Regional Development (RCIF), ARMZ Uranium Holding, and Priargunsky Industrial Mining and Chemical Union (PIMCU). ARMZ and PIMCU are subsidiaries of Russian state nuclear corporation Rosatom. The three parties to the agreement will work on …

U.S. Miners Seek Reversal of Uranium Mining Ban Near Grand Canyon

WASHINGTON (Reuters) – The U.S. mining industry asked the U.S. Supreme Court on Friday to overturn an Obama-era rule that prohibits the mining of uranium on public lands adjacent to the Grand Canyon National Park. The National Mining Association (NMA) and the American Exploration and Mining Association (AEMA) filed petitions asking the court to reverse …

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 …

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 …