Denison Mines granted fresh 10-year licence for Saskatchewan uranium operations

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 …

T.UEX: Christie Lake Summer Program Underway

UEX Corporation (UEX:TSX) (“UEX” or the “Company”) is pleased to announce that summer drilling is underway at the Christie Lake Project. The summer program consists of a two-phase exploration drilling program with a combined budget of up to $2.5 million with the sole goal of expanding the high-grade Ōrora Deposit discovered during the winter 2017 …

MOX funding still mixed in Washington

As the federal budget process plods along, MOX continues to receive mixed signals from lawmakers. Also known as the Mixed Oxide Fuel Fabrication Facility, the MOX project continues to make progress, its exterior facade largely completed. Unofficial estimates place facility completion between 70 and 75 percent. Mixed Oxide is becoming a mixed bag, however, with …

US uranium production, prices and employment decreased in 2016

Uranium production, prices, and employment all fell in the United States in 2016, according to data from the U.S. Energy Information Administration (EIA). From 2014 and 2016, production of uranium concentrate decreased to 2.9 million pounds U3O8 in 2016, which is the lowest annual total since 2005. Production remained low in 2017, totaling 0.45 million …

Companies promise payback when prices rise — but until then, uranium wants a break

When the market recovers, the uranium industry won’t need a tax break. But it does now, industry representatives say.Citing low prices and employment, the Wyoming Mining Association will make the case for a state tax cut on uranium when lawmakers meet Thursday in Casper. The cuts worked once before, they say. In the early ‘90s, …

Uranium mining ultimatum in Western Australia sparks nuclear debate

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 …