Paladin to halt Langer Heinrich, expects uranium rebound in coming years

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 …

Paladin moves to mothball Namibia uranium mine

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 …

Feds approve uranium mine expansions in Utah’s San Juan County, one of them near Bears Ears

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, …

Keeping Score of Canada’s Infamous Uranium Reservoir – The Athabasca Basin

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 …

Battle still on against uranium mine

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 …

Resources Increase at the Eastern Athabascas Largest Undeveloped Uranium Project

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 …