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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.

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.

Date: Tuesday, 27 June 2023
Original article: world-nuclear-news.org/Articles/Denison-announces-new-results-for-Wheeler-River-st

The Canadian Nuclear Safety Commission (CNSC) has revoked the uranium mine licence held by Orano Canada Inc for the fully decommissioned Cluff Lake Project in northwestern Saskatchewan, clearing the way for Orano to transfer the site to the Province of Saskatchewan - a first for any modern uranium mine in Canada.

Date: Saturday, 13 May 2023
Original article: world-nuclear-news.org/Articles/Final-licence-release-for-reclaimed-Cluff-Lake-min

Fission Uranium Corp has filed its application to the Canadian Nuclear Safety Commission (CNSC) for a licence to construct a uranium mine and mill facility at the Patterson Lake South (PLS) high-grade uranium project in Saskatchewan and begun front-end engineering design for the project.

Date: Friday, 28 April 2023
Original article: world-nuclear-news.org/Articles/Licence-application-milestone-for-PLS

Ukrainian nuclear utility Energoatom and Canada’s Cameco have signed an agreement finalising implementation of the programme to export all of Ukraine's uranium production for processing in Canada to produce fuel for Ukraine’s NPPs. This came during a visit to Canada by Energoatom President Petro Kotin, who had signed the original contracts in London in March.

Date: Wednesday, 19 April 2023
Original article: neimagazine.com/news/newsukraine-energoatom-and-cameco-finalise-uranium-agreement-10769622

Agreement covers nine reactors at three sites The agreement was signed by Energoatom president Petro Kotin (left) and Cameco president and chief executive officer Tim Gitzel. Canada-based Cameco and Ukraine’s state-owned nuclear operator Energoatom have signed the last agreement needed for a programme to export all of Ukraine’s uranium production for processing in Canada to produce fuel for Ukrainian nuclear power plants.

The agreement was signed in Canada on 11 April by Energoatom president Petro Kotin and Cameco president and chief executive officer Tim Gitzel.

agreement will run from 2024, with all deliveries to Ukraine in the form of natural uranium hexafluoride (UF6). Cameco said the contract will contain “a required degree of flexibility”, given present circumstances in Ukraine.

The agreement will see Cameco supply 100% of Energoatom’s UF6 requirements – consisting of uranium and conversion services – for the nine nuclear units at its Rovno (four units), Khmelnitski (two units) and South Ukraine (three units) nuclear power plants for the duration of the contract.

Date: Saturday, 15 April 2023
Original article: nucnet.org/news/cameco-and-energoatom-finalise-deal-on-nuclear-fuel-supply-4-5-2023

Cameco and Energoatom have signed the last agreement needed for the implementation of a programme to export all of Ukraine's uranium production for processing in Canada to produce fuel for Ukrainian nuclear power plants.

Date: Friday, 14 April 2023
Original article: world-nuclear-news.org/Articles/Cameco,-Energoatom-fuel-deal-implemented

“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.

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

Annual capacity of idled mines stands at almost 30,000 tonnes Kazakhstan has limited output in recent years in response to a depressed uranium market, but is still the largest producer. Courtesy Kazatomprom. Global uranium mine production decreased by nearly 12% from 2018 to 2020 with major producing countries including Canada and Kazakhstan limiting total production in recent years in response to a depressed uranium market, according to the Nuclear Energy Agency.

In the latest edition of Uranium Resources, Production and Demand, known as the Red Book, the NEA says uranium production cuts deepened suddenly with the onset of the Covid-19 pandemic in early 2020.

Overall, world uranium production decreased from 53,501 tonnes of uranium (tU) in 2018 to 47,342 tU in2020 as producers instituted production cuts, followed by a slight increase to 47,472 tU in 2021. These planned reductions were greatest in Canada and Kazakhstan.

As of 1 January 2021, the annual production capacity of idled mines amounted to over 29,400 tU. These operations, which have all the necessary licences, permits and agreements for operation and have produced commercially in the past, could potentially be brought back into production relatively rapidly given appropriate market conditions.

Date: Friday, 07 April 2023
Original article: nucnet.org/news/global-production-down-12-with-kazakhstan-by-far-world-s-largest-producer-4-4-2023

The President of Ukrainian nuclear utility, Energoatom, Petro Kotin has signed contracts in London with Tim Gitzel, President of Canada’s Cameco to extend agreements on fuel supplies. The signing ceremony was attended by the Minister of Energy of Ukraine Herman Halushchenko (online); the High Commissioner of Canada to the UK, Ralph Goodale; and the Ambassador of Ukraine to the UK, Vadym Prystaiko.

Date: Thursday, 23 March 2023
Original article: neimagazine.com/news/newsukraines-energoatom-signs-agreements-with-cameco-for-fuel-supplies-10694716