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Consolidated Uranium Inc has announced the start of "comprehensive" work programmes including the reopening of the underground workings at its 100%-owned Tony M uranium mine, fifteen years after it last produced uranium. The Vancouver-based company also plans to investigate the vanadium potential of the underground mine in Utah.
- Source: World Nuclear News
- Date: Friday, 30 June 2023
- Original article: world-nuclear-news.org/Articles/Work-begins-to-re-open-US-underground-uranium-mine
The company has released the full results of a feasibility study on in-situ leach (ISL) mining of the high-grade Phoenix uranium deposit and a cost update to its pre-feasibility study for conventional underground mining of the Gryphon uranium deposit. The deposits are part of the Wheeler River project in the Athabasca Basin of northern Saskatchewan, Canada.
- Source: World Nuclear News
- Date: Tuesday, 27 June 2023
- Original article: world-nuclear-news.org/Articles/Denison-announces-new-results-for-Wheeler-River-st
“Uranium 2022: Resources, Production and Demand”, widely known as the Red Book, is the 29th edition of the OECD Nuclear Energy Agency (NEA) and International Atomic Energy Agency's biennial report. The 568-page report presents the most recent review of world uranium market fundamentals and offers a statistical profile of the uranium industry. It includes 54 country reports on uranium exploration, resources, production and reactor-related requirements, 36 of which were prepared from officially reported government data and narratives, and 18 that were prepared by the NEA and IAEA secretariats.
- Source: NEI Magazine
- Date: Saturday, 08 April 2023
- Original article: neimagazine.com/news/newsred-book-sees-modest-decrease-in-uranium-resources-but-expects-nuclear-capacity-to-increase-10741481
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.
- Source: World Nuclear News
- Date: Saturday, 19 November 2022
- Original article: world-nuclear-news.org/Articles/Consolidated-Uranium-buys-Virginia-uranium-project
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%.
- Source: NEI Magazine
- Date: Friday, 14 October 2022
- Original article: neimagazine.com/news/newscameco-and-brookfield-renewable-to-acquire-westinghouse-10084610
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.
- Source: World Nuclear News
- Date: Wednesday, 15 June 2022
- Original article: world-nuclear-news.org/Articles/UEC-to-double-resources-through-UEX-acquisition
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.
- Source: World Nuclear News
- Date: Thursday, 28 April 2022
- Original article: world-nuclear-news.org/Articles/Uranium-miners-ready-to-meet-market-needs,-WNFC-he
Canadian companies Cameco and X-energy have entered a non-binding and non-exclusive Memorandum of Understanding to explore possible areas of cooperation to support the potential future deployment, fuelling and servicing of Xe-100 small modular reactors (SMRs) in Canada and the USA.
- Source: World Nuclear News
- Date: Saturday, 18 September 2021
- Original article: world-nuclear-news.org/Articles/Cameco-X-energy-join-up-to-support-SMR-deployment
"The US uranium mining industry has the personnel and yellowcake processing plants on standby, and is ready to expand into new areas with discoveries that will provide hundreds of years of available uranium resources from a variety of secure sources," says Michael D. Campbell, chairman of the Uranium (Nuclear & REE) Committee of the Energy Minerals Division of the American Association of Petroleum Geologists (AAPG). "So let the drilling and processing begin."
- Source: World Nuclear News
- Date: Friday, 25 December 2020
- Original article: world-nuclear-news.org/Articles/US-uranium-miners-ready-to-support-nuclear-power,
Energoatom and Cameco have signed a memorandum of cooperation and understanding as part of the Ukrainian nuclear power plant operator's strategy to diversify its nuclear fuel supply. The document was signed yesterday at the uranium producer's headquarters in Saskatoon, Canada.
- Source: World Nuclear News
- Date: Tuesday, 27 August 2019
- Original article: world-nuclear-news.org/Articles/Ukraine-further-diversifies-fuel-supply-with-Canad