uranium

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Australian-listed explorers raised a record level of funding in the March quarter of 2021, as investors continued uplifting battery minerals and clean energy companies, according to a report from BDO.

The Australian Government’s 2021-22 Budget has allocated $3.5 million to rehabilitate the old Rum Jungle copper and uranium mine in the Northern Territory.

Boss Energy is on track to finalise its enhanced feasibility study (EFS) at the Honeymoon uranium project in South Australia after reaching 75 per cent completion.

Boss Energy is on track to complete an enhanced feasibility study (EFS) on the Honeymoon uranium project in South Australia in the coming quarter, with anticipation for a uranium price spike.

As a vital commodity for countries that use nuclear power, Australia’s next wave of uranium miners are hoping to launch themselves into the export market to capitalise on the potential of a revival in prices.

Energy Resources of Australia (ERA) will halt processing activities at the Ranger mine in the Northern Territory today after four decades of operation.

Boss Energy (formerly Boss Resources) plans to ramp up its production schedule at the Honeymoon uranium project in South Australia.

Victoria Legislative Council Environment and Planning committee has flagged that it does not look likely for Victoria to change its stance on uranium mining.

The South Australian Chamber of Mines and Energy (SACOME) has backed chief entrepreneur Jim Whalley’s call for the state government to identify the economic opportunities associated South Australia’s uranium supply.

New South Wales’ uranium ban could be lifted soon, with a One Nation bill to be voted on in the upper house of parliament next week.

GTI Resources has doubled the size of its uranium project areas by acquiring adjacent past producing mineral leases in the Henry Mountains, the United States.

Paladin Energy has moved closer towards the restart of the Langer Heinrich uranium mine in Namibia, Africa, which remains permitted to resume mining.

As investors cotton on to the generally positive movements in the uranium price, the outlook for uranium explorers and producers is also improving.

In September 2019, the World Nuclear Association produced a report modelling a predicted divergence in the supply and demand curve globally for uranium. The report showed demand outstripping supply from 2023.

BHP has awarded NRW Contracting with a $48 million airport upgrade contract at the Olympic Dam project in South Australia.

Cameco chief executive Tim Gitzel reiterated the company’s growing optimism and confidence in the uranium market amid temporary suspension of its projects in Western Australia.

Boss Resources could restart production at the Honeymoon uranium project in South Australia in 12 months after delivering an “outstanding” feasibility study (FS). 

Four in 10 Australians want the ban on nuclear power lifted, according to a polling by JWS Research.

Energy Resources of Australia (ERA) has reinforced its plan for the closure and rehabilitation of the Ranger uranium mine near Jabiru in the Northern Territory.