While the price of uranium suffered a steep decline after the 2011 Fukushima Daiichi nuclear accident, growing pressures to decarbonize power generation provide support for the commodity, which is currently priced at cyclical lows. Below, we provide an overview of eight companies active in uranium exploration and development. Appia Energy Appia Energy (CNSX: API; US-OTC: APAAF) …
Brazil plans to restart domestic uranium mining in 2019 for the first time in five years, the mines and energy minister told a newspaper in an interview published on Monday. Operations would begin this year at a mine in the city of Caetite in the northeastern state of Bahia, Minister Bento Albuquerque told Estado de …
The world’s energy future could mean very good things for Canadian uranium exploration. As countries around the world seek to increase energy capacity without raising carbon emissions, governments in developed and developing nations alike are turning back to nuclear power. As of February 2019, there were about 50 nuclear reactors under construction around the world. …
King Abdullah City for Atomic and Renewable Energy (KACARE) has launched a program to develop national cadres under the umbrella of the Uranium Mining Project in central Jordan. The program, which will last for a year, will be conducted in cooperation with the Jordanian Atomic Energy Commission and Jordanian Uranium Mining Co. The first batch …
RAPID CITY, S.D. — Concern over whether a South Dakota site has historic, cultural and religious significance to Native Americans has further stalled a company’s plan to mine for uranium. The U.S. Nuclear Regulatory Commission issued a license in 2014 to Powertech, which has been pursuing a project to drill for uranium near Edgemont for …
In 1981, the Cigar Lake uranium deposit was discovered in Saskatchewan’s Athabasca Basin. A monster in its day, eventually sizing up at 290MM lbs. of U3O8 at a mine grade of 15%! Seven years later and 45 km (28 miles) away the McArthur River deposit was found, dwarfing Cigar with its 500MM lbs. of U3O8 …
The Bureau of Land Management has issued final approvals for two uranium mine expansions in southeast Utah, including one on the backdoor of what used to be Bears Ears National Monument. Bullseye Canyon, the site of uranium deposits tapped by the Daneros Mine, had been included within the boundaries of the monument proposed by five Indian tribes, …
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 …
Saskatchewan may be viewed as the most attractive place in the world for mineral exploration companies to spend their money, but you wouldn’t know it by just looking at the latest estimates on spending in the province. Spending on mineral exploration and deposit appraisal declined for the second year in a row, according to new …
The dream of discovery must motivate many a geologist. Through skill, effort and luck they hope to eventually find something precious, useful or otherwise valuable—something well known yet found in a previously unknown location. But a group of geo-boffins from the U.S. Geological Survey not only identified a type of uranium deposit previously unknown to …