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Consolidated Uranium Inc has agreed to buy Virginia Energy Resources, which owns Coles Hill - the largest undeveloped uranium project in the USA - in a transaction worth around USD32.2 million. The company is hopeful Virginia's 40-year moratorium on uranium mining may be overcome.

Date: Saturday, 19 November 2022
Original article: world-nuclear-news.org/Articles/Consolidated-Uranium-buys-Virginia-uranium-project

The first uranium ore from the McArthur River mine has now been milled and packaged at the Key Lake mill, marking the achievement of initial production as the facilities transition back into normal operations.

Date: Friday, 11 November 2022
Original article: world-nuclear-news.org/Articles/First-production-from-restarted-Canadian-operation

The recovery of uranium-bearing solution during the ongoing Phoenix in-situ leach (ISL) feasibility field test (FFT) is a historic moment for uranium mining in Canada, according to Denison Mines Corp.

Date: Wednesday, 19 October 2022
Original article: world-nuclear-news.org/Articles/History-in-the-making-for-Canadian-uranium-mining

Cameco Corporation and Brookfield Renewable Partners, together with its institutional partners (the consortium), are forming a strategic partnership to acquire Westinghouse Electric Company. Brookfield Renewable, with its institutional partners, will own a 51% interest in Westinghouse and Cameco will own 49%.

Date: Friday, 14 October 2022
Original article: neimagazine.com/news/newscameco-and-brookfield-renewable-to-acquire-westinghouse-10084610

Denison Mines Corp is now fully permitted to recover a uranium-bearing solution from the Phoenix ore body at the Wheeler River project in northern Saskatchewan. The feasibility field test (FFT) will be a first-of-its-kind test and will help de-risk the planned in-situ leach (ISL) uranium mining operation.

Date: Thursday, 11 August 2022
Original article: world-nuclear-news.org/Articles/Final-permits-in-place-for-Phoenix-ISL-field-test

Denison Mines has received approval from the Saskatchewan Minister of Environment to prepare, construct and operate the facilities required to carry out the in-situ leach (ISL) feasibility field test planned for the Phoenix deposit at the Wheeler River uranium project.

Date: Thursday, 14 July 2022
Original article: world-nuclear-news.org/Articles/Approval-for-Denison-s-ISL-testing-of-Phoenix-depo

Texas-based Uranium Energy Corp (UEC) has agreed to acquire Canadian company UEX Corporation to create a combined, diversified portfolio of uranium production and development assets.

Date: Wednesday, 15 June 2022
Original article: world-nuclear-news.org/Articles/UEC-to-double-resources-through-UEX-acquisition

Purchase could give access to additional 6.9 million pounds of U308 Cameco will pay CAD107m to acquire the stake in Cigar Lake. Courtesy Cameco. Canadian uranium company Cameco and Orano group subsidiary Orano Canada have reached an agreement with Idemitsu Canada Resources to acquire its share in the world’s highest-grade uranium mine, Cigar Lake, in northern Saskatchewan, Canada.

Following the agreement, Cameco’s interest in the Cigar Lake Joint Venture company, which owns Cigar Lake, will increase by just over 4.5 percentage points to around 54.5%. Orano’s stake will increase by 3.3 percentage points to just over 40%. The remaining shareholder, Japan’s Tepco Resources, a Canada-based subsidiary of Tokyo Electric Power Company, will retain its 5% interest.

Cameco will pay approximately CAD107m ($82m, €78m) to acquire the stake in Cigar Lake from Idemitsu. This may be adjusted at the closing of the transaction, which is expected in the second quarter of 2022.

Date: Thursday, 12 May 2022
Original article: nucnet.org/news/cameco-and-orano-increase-ownership-in-cigar-lake-uranium-mine-5-3-2022

Cameco and Orano announced they have reached agreement with Idemitsu Canada Resources Ltd to acquire Idemitsu's 7.875% stake in the Cigar Lake Joint Venture, owner of the Cigar Lake uranium mine in northern Saskatchewan, Canada.

Date: Thursday, 12 May 2022
Original article: world-nuclear-news.org/Articles/Idemitsu-exits-Cigar-Lake-joint-venture

The global uranium market has not yet been impacted by recent geopolitical events, speakers from uranium suppliers said during a session of the World Nuclear Fuel Conference 2022 in London. However, they agreed that the longer-term future is uncertain but the industry can bring capacity online to avoid any shortages.

Date: Thursday, 28 April 2022
Original article: world-nuclear-news.org/Articles/Uranium-miners-ready-to-meet-market-needs,-WNFC-he