Uranium

Junior Marenica Energy will raise A$1-million after receiving binding commitments for a placement to professional and sophisticated investors.

The ASX-listed company will place 26.35-million shares, at a price of 3.8c each and 26.35-million free attac…

Uranium fuel supplier Cameco will place its UF6 plant at the Port Hope conversion facility, in Ontario, in a temporary safe shutdown state for four weeks, as it faces difficulty in maintaining an adequate workforce as a result of screening protocols an…

TSX-listed Cameco will be in discussions with uranium major Kazatomprom – its joint venture (JV) partner at the Inkai mine – to determine how that company’s announcement of reduced operational activities across its mines will impact on Cameco’s purchas…

Kazakhstan’s uranium major, Kazatomprom, on Tuesday announced that its uranium production volumes would decrease by about 4000 t, owing to measures imposed to combat Covid-19.

The previous guidance for 2020 was 22 750 t to 22 800 t, on a 100% basis.

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Uranium developer Peninsula Energy has suspended all non-essential site activities at its Lance uranium project, in Wyoming, amid the Covid-19 pandemic.

“The Covid-19 pandemic has lead to considerable global uncertainty and equity market volatility. H…

ASX-listed Lotus Resources has added fuel to the Kayelekera fire, announcing an exploration target of between 6-million to 22-million tonnes, containing between 7-million and 14-million pounds of uranium oxide (U3O8).

The exploration target followed …

ASX-listed Lotus Resources has reported a 31% increase in the mineral resource at the Kayelekera uranium project, in Malawi.

The company said that the resource increase was driven by the identification and inclusion of a previously unmodelled high-gra…