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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
“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
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.
- Source: Nucnet
- 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
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
The Minerals Council of Australia (MCA) on 6 October released a new report, “Small Modular Reactors in the Australian Context”, which offers an overview of SMRs, their potential role in Australia and likely operating costs.
- Source: NEI Magazine
- Date: Friday, 08 October 2021
- Original article: neimagazine.com/news/newsminerals-council-of-australia-looks-at-smrs-9138244
"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,
CNNC Rössing Uranium has announced the suspension of normal mining operations at the Rössing uranium mine in Namibia from 28 March because of a partial lockdown of the Erongo region in response to the COVID-19 outbreak. Elsewhere, uranium miners continue to address issues arising from the global pandemic.
- Source: World Nuclear News
- Date: Tuesday, 31 March 2020
- Original article: world-nuclear-news.org/Articles/Rossing-operations-suspended-in-Namibian-lockdown
It is not too late for Australia to join nuclear power countries in the fight against climate change, writes Tania Constable, CEO of Minerals Council of Australia.
- Source: World Nuclear News
- Date: Friday, 25 October 2019
- Original article: world-nuclear-news.org/Articles/Viewpoint-Australia-must-review-its-outdated-regul
Australia should repeal its prohibition on nuclear energy regardless of whether it decides to build nuclear power plants, Ziggy Switkowski, a former chairman of the Australian Nuclear Science and Technology Organisation, told a federal parliamentary committee yesterday. Switkowski, who led the 2006 Review of Uranium Mining Processing and Nuclear Energy in Australia, was the first to address the committee's inquiry into the prerequisites for nuclear energy in the country.
- Source: World Nuclear News
- Date: Saturday, 31 August 2019
- Original article: world-nuclear-news.org/Articles/Switkowski-Australia-should-repeal-nuclear-ban
Australia should repeal its prohibition on nuclear energy regardless of whether it decides to build nuclear power plants, Ziggy Switkowski, a former chairman of the Australian Nuclear Science and Technology Organisation, told a federal parliamentary committee yesterday. Switkowski, who led the 2006 Review of Uranium Mining Processing and Nuclear Energy in Australia, was the first to address the committee's inquiry into the prerequisites for nuclear energy in the country.
- Source: World Nuclear News
- Date: Friday, 30 August 2019
- Original article: world-nuclear-news.org/Articles/Switkowski-Australia-should-repeal-nuclear-ban