Rio Tinto to take over A$2.2B Ranger mine cleanup
Rio Tinto (ASX: RIO; LSE: RIO; NYSE: RIO) is to carry out the A$2.2 billion ($2 billion) rehabilitation of the closed Ranger uranium mine in Australia’s Northern Territory, a government…
Boss Energy
Australia rejects Rio Tinto unit’s uranium mine lease renewal
Decision ends a decades-long dispute over Jabikula, one of the world’s largest untapped deposits of high-grade uranium.
Investors should heed growing supply after uranium’s recent runup
Uranium prices surged from just over US$50 per lb. in April 2023 to more than US$100 per lb. by January 2024. Since then, there has been a moderate pull-back; uranium…
Boss Energy’s rebooted Honeymoon uranium mine in Australia counts days to first metal
Boss Energy (ASX: BOE) is two weeks away from producing its first drums of uranium as it restarts its Honeymoon mine in New South Wales, Australia, after low metal prices…
Uranium hits new post-Fukushima high
The spot price of uranium continues to rise, boosted by pledges to triple nuclear power by mid-century, supply hiccups from producers such as Cameco (TSX: CCO; NYSE: CCJ) and the looming…
ASX-listed Boss Energy buys stake in enCore uranium project for US$70M
EnCore Energy (TSXV: EU; NYSE-AM: EU) is selling 30% of its Alta Mesa project in South Texas to Australia’s Boss Energy (ASX: BOE) for US$70 million. EnCore acquired Alta Mesa from…
Uranium sector ‘scrambling’ to fill supply gap
The price of uranium will hit triple-digits for the first time since 2007 as nations weaning off oil and seeking energy security deplete nuclear fuel supplies, the world’s largest investment…
Uranium market gathers momentum – towards a supply shortfall
After a dozen years in the doldrums, uranium prices are on the rise, supported by real growing demand and support for nuclear power, as well as geopolitical concerns. While in…
VRIC: US, Canadian companies set to soar on Russian uranium ban
U.S. and Canadian-based uranium companies are set to soar on a looming Russian production ban in the Western world, GoldSilver.com’s senior precious metals analyst, Jeff Clark, told an industry event…