Uranium One subsidiary Mantra Tanzania has applied to suspend the Mkuju River project in Tanzania due to depressed uranium prices, the company has confirmed. Uranium One, an international mining company of Russian state nuclear energy corporation Rosatom, said its subsidiary Mantra Tanzania had applied to suspend the project in December last year after “proper negotiations and consultations” …
Canadian uranium explorer NexGen Energy entered into an agreement with Hong Kong-based CEF Holdings that will allow it to receive US$110 million It may be as good as it gets, especially for a company operating in a sector of the mining business wallowing through the not-so-delightful doldrums. The good news: NexGen Energy Ltd., a company …
Canadian uranium miner Denison Mines (TSX:DML) (NYSE MKT:DNN) said Wednesday the Canadian Nuclear Safety Commission (CNSC) has granted the firm a 10-year licence for its 22.5%-owned McClean Lake operations in northern Saskatchewan. The permit renewal comes only a year after the Toronto-based miner and its joint venture partners obtained regulatory approval from the CNSC to hike annual uranium production capacity from …
SYDNEY, June 22 (Xinhua) — A nuclear debate is heating up in Western Australia on Thursday, after the state government informed three uranium mining companies that their approval licenses will expire if their sites are not operational within five years.The newly formed State Government’s clarification on its policy has followed on from an election promise …