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 …
Kazakhstan’s Energy Minister Kanat Bozumbayev met with the representative of the National Agency for the Atomic Energy of China, the press service of the Kazakh Energy Ministry said on 18 September, adding that Bozumbayev supported the proposal of the Chinese side to purchase export volumes of Kazakh products to meet the needs of China’s nuclear …
Leading Namibian mine deploys powerful standalone ERP solution to improve visibility across organisation and unlock greater efficiencies in daily operations. Mining is an important pillar of the Namibian economy, contributing an estimated 12% to the country’s GDP in 2017. One of the jewels in the country’s resources crown is Rössing Uranium, one of the longest-operating …
Canadian miner Cameco (CCO.TO) said it will hold down output until uranium prices recover and it could cut production further, although nuclear reactor life extensions in France and newbuilds in China, the UAE and Britain bring some hope. Since the 2011 Fukushima nuclear disaster, Japan, Germany and other countries have closed dozens of reactors, which …
Energy bears might be forgiven for thinking that oil may not have much upside left, after a year that technically should have seen prices in the black gold go through the roof. Instead, oil prices have been kept as flat as possible, despite one potential bottleneck after another, and that trend could continue as the …
The photo taken on July 25, 2019 shows the Rossing Uranium handover ceremony near the town of Swakopmund, Namibia. The Anglo-Australian mining giant Rio Tinto officially handed over Namibian uranium mine Rossing to its new majority shareholder, China National Nuclear Corporation (CNNC) at an event Thursday in Rossing Mine near the coastal town of Swakopmund. …
THE Namibian Competition Commission has approved the N$1,5 billion Rössing Uranium mine acquisition by China National Uranium Corporation. In a statement released yesterday, the commission said they had approved the acquisition with conditions for China National Uranium Corporation (CNUC) to acquire the entire issued share capital of Rio Tinto Overseas Holding Limited, thus gaining control …
Uranium miner Cameco (TSX:CCO,NYSE:CCJ) received an important approval from the Australian Federal Department of Environment and Energy last week to advance the Yeelirrie uranium site. Located in the remote Northern Goldfields region of Western Australia, Yeelirrie is one the country’s largest undeveloped uranium deposits. Cameco acquired the project in 2012 from BHP (ASX:BHP,NYSE:BBL,LSE:BHP) and was …
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. …
The Trump administration is to be commended for its “energy dominance” policy with respect to oil and natural gas production, but on domestic uranium mining, used for nuclear power generation and national defense purposes, it is the United States that is being dominated. Fortunately, the administration is considering new corrective measures to address this vulnerability …