The company said on Thursday that given the continued deterioration of macro factors, which include a "stubbornly low" spot price for uranium, as well as foreign exchange rates and the high prices of processing reagents, it was becoming less likely that it would be in a position to resume physical mining in
RICHMOND, Va. (AP) - Attorneys for Virginia say there is no need for the U.S. Supreme Court to take up a lawsuit over the state's ban on uranium mining. Virginia Attorney General Mark Herring's office filed a brief earlier this week in response to one filed by the federal government. The Trump
Australia's Paladin Energy (ASX:PDN) said Thursday (April 26) that mining is unlikely to resume at its Langer Heinrich mine in 2018. Mining was suspended at the mine last year, and since then the company has been using medium-grade stockpiled ore to produce uranium. With these stockpiles expected
UPC provides investors with a unique opportunity to gain exposure to the price of uranium without the resource or project risk associated with investing in a traditional mining company. Additional information about Uranium Participation Corporation is available on SEDAR at www.sedar.com and on UPC's
WASHINGTON - If the Supreme Court lifts the moratorium on uranium mining near the Grand Canyon, the expected surge in active claims would endanger not only a cherished national landmark, but also the drinking water for 40 million Americans, according to the Environmental Working Group and
China becomes first foreign country allowed to invest in Russian uranium mining. Published time: 13 Mar
Rosatom announced on Monday that the Russia-China Investment Fund for Regional Development will kickstart the financing for a uranium mining project in Russia's Zabaikalsky Territory. Zabaikalsky is located in the southeastern region of Transbaikalia and has a 998-kilometre border with China and a
The US mining industry is asking the Supreme Court to revoke an Obama-era rule banning the mining of uranium on public lands nearby the Grand Canyon. The National Mining Association (NMA) and the American Exploration and Mining Association (AEMA) filed petitions on Friday asking the court to
March 12, 2018 - "The nuclear industry in the United States has been challenged with natural gas and the increase in renewables lately. We do not want to be greedy here, but we do think that a frontend of the nuclear fuel cycle is required in the United States," states Mark Chalmers, President & CEO of
MOSCOW (Reuters) - Russian state nuclear agency Rosatom said on Monday that Russia and China have agreed to work together on a uranium mining project in Russia, RIA news agency reported. Russia and China signed an agreement about investments in the project on Monday, RIA said. Reporting
The Charlie Project consists of a 720-acre Wyoming State uranium lease which has been in development since 1969 and sits immediately adjacent to two of Uranium One's producing mines. The transaction will be settled with the issuance of common shares of Anfield to Cotter equal to a 10% ownership
"The remedies, if granted, would be expected to strengthen the US uranium mining industry, bolster national defence and improve supply diversification for US utilities and their customers," said Chalmers. Meanwhile, Energy Fuels is also considering opportunities to produce other products, such as
More than a quarter of the way into a 20-year ban on the filing of new mining claims around the Grand Canyon, scientists say they don't have the data they need to show whether uranium negatively is impacting plants, animals and a water source for more than 30 million people. (Katie Walton-Day/U.S.
The U.S. Geological Survey is leading a 15-year study meant to determine whether a 1 million-acre area surrounding the national park needs protection from new uranium mining claims well into the future. Now, no one can stake claims until 2032, though a portion of that Obama-era ban is under review by
NMA spokesman Luke Popovich said his organization was challenging Salazar's constitutional authority to declare the large land withdrawal, and he said uranium mining does not harm the land. "There is scant evidence that uranium mining outside the park boundaries poses any threat to either the
FLAGSTAFF, Ariz.- Mining industry trade groups today asked the U.S. Supreme Court to review the Interior Department's 20-year ban on new uranium mining claims on 1 million acres of public land adjacent to the Grand Canyon. The requests from the American Exploration and Mining Association and the
"In order to remain strong in these challenging uranium markets, Energy Fuels continues to secure new sources of alternate feed materials and to pursue opportunities in the cleanup of abandoned uranium mines to feed the White Mesa Mill in 2018 and beyond. Vanadium also represents a very interesting
U.S. scientists studying the effects of uranium mining around the Grand Canyon say they are lacking information on whether the radioactive element is hurting plants, animals and a water source for more than 30 million people. And they would not get to fully gather it if President Donald Trump's 2019 budget
We know that, for years, reckless and unbridled uranium mining has had serious impacts on the canyon's fragile ecosystem - polluting groundwater and poisoning wildlife. That is why, in 2012, the Secretary of the Interior imposed a 20-year ban on new uranium mining on public lands adjacent to the
Campbell was interviewed last month by staff of the House Intelligence, House Oversight and Senate Judiciary Committees over what he knew about Russian influence in the Obama administration's decision to approve the 2010 sale of Canadian uranium mining company Uranium One to Russia's Atomic