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 …
FISSION URANIUM CORP.(“Fission” or “the company”) is pleased to announce the results of a prefeasibility study for an underground-only mining scenario, conducted by Roscoe Postle Associates Inc.”RPA”, and entitled “Pre-Feasibility Study on the Patterson Lake South Property Using Underground Mining Methods” (the “U/G PFS”) for its’ PLS property in Canada’s Athabasca Basin region. The U/G …
As a general rule, the most successful man in life is the man who has the best information. Uranium sector won’t catch a break One week ago Cameco announced it will maintain low output levels until uranium prices recover. The Canadian uranium miner also said it might cut production further, having already closed four mines in …
Alexander Downer is best known as a former Australian foreign minister, but his latest claim to fame is an ability to back a winner in a downbeat mining sector thanks to a ride hitched on the remarkable revival of uranium. As a director of London-listed Yellow Cake PLC, Downer has played a modest role in …
CGN released a 2018 Global Sustainable Development Report in Paris, capital of France, on Sept 3 to detail its actions and contributions to economic, environmental, and societal sustainable development. It is the first time that a Chinese enterprise released a sustainable development report in France. More than 150 people, including Lu Shaye, Chinese ambassador to …
Duke Energy (NYSE: DUK) announced today it will seek to renew the operating licenses of the 11 reactors it operates at six nuclear stations in the Carolinas for an additional 20 years. “Our nuclear power plants have safely and reliably provided electricity to our Carolinas customers for decades,” said Preston Gillespie, Duke Energy’s chief nuclear …
The contrarian in me loves how hated uranium has become again. Even some longtime uranium bulls are throwing the towel in. I can see why, so it’s prudent to ask if I could be wrong in my outlook. And of course I could be; I’m a speculator, not a time traveller. That said, I’ve compared …
As uranium bulls, we are getting excited for the last few months of 2019 – which could see the uranium price appreciate materially. We are expecting the spot price of uranium to close the year somewhere between $30 and $35 (current spot price is $25.65). This potential 20% rise in the spot uranium price should …
Denison Mines Corp. (“Denison” or the “Company”) (DML: TSX, DNN: NYSE American) is pleased to announce that the initial In-Situ Recovery (“ISR”) field test results from Test Area 2 of the Phoenix deposit (“Phoenix”) have confirmed hydraulic connectivity within a significant portion of the ore zone tested. The initial field tests are part of the ongoing …
Russia and Uganda have agreed to work together in the field of nuclear energy, the Russian nuclear agency Rosatom said Wednesday. This comes as Moscow seeks to strengthen its influence in Africa. State-owned Russian companies have been key part of the strategy to bolster Moscow’s presence in Africa. President Yoweri Museveni is seeking to use …