Paladin Energy has confirmed that the Langer Heinrich uranium mine (LHM) in Namibia will be placed on care and maintenance. The company announced last month that it may take this move at Langer Heinrich in response to challenging market conditions, including low uranium prices. It has since received the consent of key stakeholders to make the care …
PERTH (miningweekly.com) – Uranium miner Paladin Energy on Thursday announced that it was unlikely to resume physical mining activities at its Langer Heinrich operation, in Namibia, and has taken preparatory steps to place the operation under care and maintenance. Paladin previously told shareholders that the medium-grade ore stockpiles currently being used as feed for the …
Swakop Uranium which owns the Husab uranium mine, one of the biggest uranium mine in the world, was the largest employer in the country’s mining industry in 2017, according to the Chamber of Mines CEO, Veston Malango. Malango highlighted this in his welcoming remarks at the two-day 7th Namibia Mining Expo and Conference which kicked …
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, …
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 …
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 …
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 …
Uranium production from the Inkai joint venture in Kazakhstan is forecast to increase by more than 25% this year, according to a new NI 43-101 technical report filed by 40%-owner Cameco. The operation is forecast to reach maximum production of 10.4 million pounds U3O8 per year in 2020. According to the new report – filed …