URANIUM

GO AHEAD DECISION JANUARY

Zambian copper miner's big uranium project approved

Tuesday , 30 Dec 2008
Zambia's newest major copper miner, Lumwana, says it has received permission to go ahead with its $200 million uranium project at its copper mining operation, but won't take a final decision to proceed until next month.
$2.2M YEARLY REDUCTION

Uranium Resources slashes budget, salaries to sustain operation through 2010

Monday , 22 Dec 2008
To save enough funds to operate through 2010, Texas ISR uranium miner Uranium Resources has eliminated executive positions, closed offices, and reduce exploration budgets'
TROUBLED AREA

$1.4 bn Niger uranium mine gets go ahead despite credit crunch

Saturday , 20 Dec 2008
French nuclear power group Areva is to build a 1 billion euro (US$1.4 billion) uranium mine in Niger. The Imouraren mine, due to begin commercial production of 5,000 tonnes per year in 2010, would make Niger the world's second biggest source of uranium.
GLOBAL DEMAND WEAKENING

Sales volumes holding up for BHP, but output cuts ready if necessary

Thursday , 18 Dec 2008
BHP chairman, Don Argus, says the company has so far been able to substantially maintain its sales volumes but will respond accordingly if these turn down.
URANIUM PRICE FORECAST

Mixed outlook for uranium price in next quarter - RCR

Monday , 15 Dec 2008
Resource Capital Research (RCR) expects the uranium spot price to trade between $50-$65 over the next quarter.
FOUR MILE RESULTS

Market malaise fails to budge Alliance Resources despite high grade uranium hits

Monday , 08 Dec 2008
The Four Mile uranium project in South Australia, already ranked as the best new uranium discovery in Australia this year, failed to provide share price impetus for its junior partner despite the spectacular nature of the new intersections.
51 PERCENT FROM LOWS

Uranium stocks: Bear market's hot corner

Tuesday , 02 Dec 2008
Leave crashed out markets aside for a moment, and consider how listed uranium stocks are performing like recovery darlings.
SUPPLY SHRINKING

Uranium stocks poised for surge on TSX

Saturday , 29 Nov 2008
With the uranium price up 25 percent over the past five weeks, stocks are yet to pick up and analysts are looking to the sector for good increases.
DEMAND FOR NUCLEAR POWER

Kazakhstan and Russia boost uranium output

Thursday , 27 Nov 2008
Russia and Kazakhstan will boost their uranium output next year as both countries expect demand for nuclear power to remain high.
COULD EXPAND KHARASAN

While South Africa falters Uranium One says ops in Kazakhstan will lead to dividends

Friday , 14 Nov 2008
CEO Jean Nortier says there are no issues in Kazakhstan that could hinder the payment of dividends although the company is dealing with limited sulphuric acid supply in the country which is currntly affecting production levels.
BILLIONS GONE

Uranium One's writedown shocker but acquisitions save the day

Friday , 14 Nov 2008
Uranium One writes down USD 2.8bn in the third quarter, mostly attributable to the Dominion debacle in South Africa.
CONTRACTUAL DISPUTE WITH SUPPLIER

Supply probs will lead to shutdown of Cameco's uranium conversion plant

Friday , 14 Nov 2008
Unions have been warned that Cameco's Port Hope facility will shut down probably until mid 2009 because problems with is supplies of hydrofluoric acid
ESSINGTON LEWIS MEMORIAL SPEECH

Australia needs to join the nuclear energy community

Thursday , 13 Nov 2008
Ziggy Switkowski, former head of Australia’s biggest telecommunications company, Telstra, says Australia has no choice but to consider nuclear power as part of its future energy mix.
POSSIBLE 5M LB GLOBAL SHORTFALL THIS YEAR

New uranium production still needed to meet growing demand - Cameco

Thursday , 13 Nov 2008
Cameco CEO Jerry Grandey said total global uranium production may fall short 5 million pounds of the 125 million pounds originally forecast for this year.
ADJUSTED EARNINGS FALL

Uranium miner Cameco to defer projects and focus on cost cutting

Wednesday , 12 Nov 2008
As third-quarter earnings rose 48 percent, exceeding analysts’ expectations, Cameco says it may still defer projects and cut costs because of the global credit situation.
YELLOW CAKE RISING

Uranium names on a flutter

Tuesday , 11 Nov 2008
The recent closure of the Dominion mine in South Africa has restricted supply, allowing uranium oxide prices to firm up. Tables included.
HEAP LEACH BEING LOOKED AT TOO

Rio's big Rossing uranium mine expanding output

Saturday , 08 Nov 2008
Rio Tinto's Rossing uranium mine in Namibia, which currently produces 7.6% of world supply, is looking to expand output to 5,500 tonnes by 2012
AUSTRALIAN STUDY

Market paralysis ignores uranium's compelling projections

Thursday , 06 Nov 2008
The Melbourne-based financial services group BGF Capital Group says that the frozen minds of investors and developers may well see a critical shortage of uranium in two to four years time.
PLANT DECISION DEFERRED

First Uranium flexes muscles through gold transaction with Gold Wheaton

Wednesday , 05 Nov 2008
First Uranium says its announced transaction with Gold Wheaton will provide it with the funds for a sulphuric acid plant, or, future growth.
A TASTE FOR YELLOW CAKE

Uranium stocks back in fashion

Monday , 03 Nov 2008
Global investor portfolio flows show an especial appetite for uranium names, from established producers like ERA, to stocks which had all but been wiped out, like Xemplar. Tables included.
KEY OVERALL GROWTH COMPONENT

Super mine lifting gold, copper and uranium output in first of five expansion stages

Friday , 31 Oct 2008
BHP Billiton has outlined its expansion programme for is enormous Olympic Dam operation in South Australia setting out a timeline for the first time.
CASH LIQUIDITY

We do have enough cash after Dominion doom - Uranium One

Thursday , 23 Oct 2008
CEO Jean Nortier says the company has sufficient cash to see through its projects in the US and Kazakhstan. They are yet to announce the group's cash burn rate.
INVESTOR HUB: Uranium


TOP STORIES

READER VIEWPOINT

Gold's 2-year cycle

Tuesday , 06 Jan 2009
A Mineweb reader has noticed a recent two-year cycle for gold price behaviour which, if it continues will likely give some guidance to price movements this year and next.
More 

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