Supply Disruption Continues: Honeywell plans to temporarily idle production of UF6 at its Metropolis site

  Nov 20, 2017   in Industry News, Media Coverage

As a result of this business outlook, Honeywell plans to temporarily idle production of UF6 at its Metropolis site, while maintaining minimal operations to support a future restart should business conditions improve. Because of this, the company intends to reduce the full-time workforce at the plant by 170 positions, as well as a number of contractor […]

16-Nov-2017 RFC Ambrian Comment

Natural Resources 16 November 2017 Comment In the news: Plateau Uranium FROM THE BROKING DESK We have some encouraging exploration results from Plateau Uranium’s†† Macusani Uranium Project in south-eastern Peru. The first hole drilled into a new location, Falchani, at which radioactivity is elevated over a 2km2 area, returned assays that showed two significant zones of mineralisation, the first […]

Colin Healey, Haywood Sec. (Nov 16 , 2017) Plateau Intersects Strong Lithium & Uranium Grades in First Hole at Falchani

Plateau Uranium has reported promising results from the first drill hole at the Falchani target within the Chaccaconiza area, part of its Macusani Plateau Uranium/Lithium project, Peru, which hosts an all-categories NI 43-101 uranium resource of 124 Mlb U3O8 (225 Mt grading 250 ppm U3O8), and a lithium resource of 175, 740 t Li2O equivalent […]

Hydra Capital: “Plateau Uranium May Have a Lithium-Uranium Tiger by the Tail at Falchani

Hydra Capital: “Plateau Uranium May Have a Lithium-Uranium Tiger by the Tail at Falchani

    Now, granted it’s relatively early days, but two square kilometres is just a monster deposit footprint. I would argue that at this scale and with these two energy metals occurring at or very close to surface, Plateau has found something capable of attracting the largest players in the mining industry. If Falchani is as big as […]

‘Anti-nuclear’ Germany is Europe’s biggest (%18) GHG emitter

  Nov 13, 2017   in Industry News, Media Coverage

Germany’s Energiewende policy has made things worse for the climate by shutting down carbon-free nuclear capacity and locking in the dependency on coal burning for decades, despite hundreds of billions in investments and subsidy-schemes. This is the conclusion of the European Climate Leadership Report 2017, Measuring the Metrics that Matter published last week in Bonn, […]

Cameco to suspend uranium production at two sites, resulting in 845 temporary layoffs | Saskatoon StarPhoenix

  Nov 8, 2017   in Industry News

Cameco Corp. is temporarily suspending uranium production at two of its operations in northern Saskatchewan, resulting in about 845 temporary layoffs, according to a memo sent to staff Wednesday afternoon. Source: Cameco to suspend uranium production at two sites, resulting in 845 temporary layoffs | Saskatoon StarPhoenix

South Korea to resume building two new nuclear reactors

  Oct 24, 2017   in Industry News

SEOUL (Reuters) – South Korea will resume the suspended construction of two new nuclear reactors from midnight, its energy ministry said on Tuesday, but has torn up plans to build six more reactors as Seoul seeks to meet pledges to cut reliance on nuclear power. The move will restart work on the two reactors that […]

China powers up on nuclear projects – Business – Chinadaily.com.cn

  Aug 1, 2017   in Industry News

CGN is becoming a major player on the global stage after expanding its civil uranium supply chain to meet increased domestic demand China’s largest nuclear power group is expanding its uranium supply chain for domestic and worldwide civil projects. The State-owned China General Nuclear Power Corp has put together agreements in most of the uranium-producing […]

Positive signals herald increased US reliance on nuclear as part of renewables mix

  Jul 28, 2017   in Industry News

“Nuclear power is increasingly being thrown into the mix as states prepare to implement renewable energy strategies, and will result in new-build projects on a state level in the US. I see substantial state-level law changes coming that increasingly equates nuclear generation with renewable energy options,” he told the Sprott Natural Resource Symposium held in […]

Forecasts for uranium price all point up | MINING.com

  Jul 13, 2017   in Industry News

After top supplier Kazakhstan announced in the second week of January that it’s cutting output by 5.2 million pounds, equal to 3% of global production, the price rallied, hitting $26.75 a pound by mid-February. Uranium improved to an 8-week high this week, but consensus forecasts are for a 35% rise over the next 12 months. Read more […]