Uranium

ASX-listed Paladin Energy has completed the divestment of its 85% stake in the Kayelekera asset, in Malawi, reducing the company’s forecast capital expenditure by around $5-million a year.

Kayelekera was idled in 2014 on the back of low uranium prices…

ASX-listed Paladin Energy on Friday completed the sale of its 85% interest in Paladin Africa to Lotus Resources and Lily Resources.

Paladin will hold the interest on trust pending receipt of the final in-country approvals.

Paladin Africa wholly owns …

Uranium exploration and development company Denison Mines’ confidence in the application of in-situ recovery (ISR) at the Wheeler River project’s Phoenix deposit, in the Athabasca basin, is growing.

The results of test work completed in 2019 have “mea…

Kazakhstan’s national uranium miner Kazatomprom on Thursday reported attributable production of 13 291 t of U3O8 and said its guidance for 2020 remained flat at between 12 800 t and 13 300 t, in line with its market-centric strategy.

On a 100% basis, …

The Minerals Council of Australia (MCA) has welcomed recommendations that uranium mining bans in New South Wales be repealed.

The recommendation was one of those made by the New South Wales Legislative Council’s report into the Uranium Mining and Nucl…

The Minerals Council of Australia has welcomed recommendations that a uranium mining ban in New South Wales be repealed. The recommendation was one of those made by the New South Wales Legislative Council’s report into the Uranium Mining and Nuclear Fa…

Australia-based resource company Paladin Energy has received the outstanding Ministerial consent for the completion of the sale of its 85% interest in its subsidiary, Paladin Africa, to Lotus Resources (65%) and Lily Resources (20%). Paladin Africa who…

Uranium company Paladin Energy has widened its net loss during the six months ended December, as operations at its Langer Heinrich project, in Namibia, remained suspended.

Net loss for the six months to December increased to $19.4-million, compared wi…