Uranium producers feel impact of supply chain issues

Kazatomprom has reduced its expected production figures for 2021 due to delays in exploration and wellfield development activity, citing pandemic-related supply chain issues which have had a material impact on production schedules. The Kazakh uranium producer’s announcement comes days after Canadian company Cameco reduced its forecast for fuel services production for the year citing supply …

Russia brings back largest global uranium project

Deputy Prime Minister Yuri Trutnev has instructed Rosatom to submit a plan for the resumption of uranium mining in Yakutia. Rosatom, the state corporation specializing in nuclear power, in 2017 suspended the development of Yakut uranium deposits but is now ordered to resume mining in the region by Russia’s Deputy Prime Minister, Yuri Trutnev. News online …

Ranger mine ends processing operations

Processing operations at Energy Resources of Australia’s (ERA) Ranger mine ended today in accordance with legislative and regulatory requirements. The mine, which is in the Northern Territory (NT), was Australia’s longest continually operating uranium producer. “Ranger has been a major supplier to global energy markets as well as being a key contributor to the Kakadu …

Australia’s Ranger uranium mine ceases production

Era has operated the Ranger mine since 1980, producing about 132,000 tonnes of uranium oxide. (Image courtesy of Energy Resources of Australia.) Energy Resources of Australia (ASX: ERA) has ceased production at its Ranger uranium mine in the country’s Northern Territory after 40 years of operations. The company will now move to the rehabilitation phase …

Top uranium miner Kazatomprom sells 49% interest in two mines to China’s CGN

The world’s largest uranium producer Kazatomprom and China’s CGN Mining announced today that Kazatomprom will sell to CGN up to a 49% interest in its wholly owned subsidiary, Ortalyk, on market terms determined by a third-party valuation. Ortalyk owns 100% interest in the Mynkuduk and Zhalpak uranium deposits in Kazakhstan. Mynkuduk has a designed capacity …

Kazatomprom extends reduced operations

JSC National Atomic Company Kazatomprom has today announced it is extending for one month its reduction in operations due to COVID-19. Kazakhstan’s government last week announced a second two-week lockdown after a national surge in coronavirus cases followed the lifting of an earlier lockdown. Kazatomprom announced in April that it was reducing the number of employees …