Labor disputes related to uranium mining operations in Africa have gained prominence recently, with several companies reporting strikes. The impact could be considerable if continued challenges become more widespread.
Even as May 6 marked the first day in 40 years that Japan has been without nuclear power, the inevitable steps to incrementally restarting the nuclear facilities appear evident.
As one of the smallest economies in the Middle East, Jordan is looking to expand it's nuclear capacity, transforming the country from an energy importer to an electricity exporter.
Canada recently faced international pressure at the nuclear security summit in Korea because of its use of highly-enriched uranium to make medical isotopes for medical diagnoses.
SMH reported Paladin Energy (TSX:PDN,ASX:PDN) shares fell 10 per cent yesterday despite reaching an agreement with workers who were on strike for higher wages.
IBTimes reported Areva (EPA:AREVA) and Mitsubishi Corp. (TYO:8058) are planning a joint venture uranium project in Australia.
Reuters reported Paladin Energy Ltd (TSX:PDN,ASX:PDN) said employees at its Kayelekera mine in Malawi went on strike on Friday demanding higher pay.
SMH reported an independent review which argues that Western Australia needs to greatly change its uranium mining and tailings law to allow greater transparency.
Toro Energy (ASX:TOE) announced uranium intersection results from its Theseus uranium project in Western Australia.
Crosshair Energy Corporation (TSX:CXX,NYSE:CXZ) announced its 2012 exploration program for the CMB uranium/vanadium project set to begin on July 1, 2012.
Athabasca Uranium Inc. (TSXV:UAX) announced it completed drilling at its Keefe Lake and Volhoffer uranium projects in Canada.
Cameco (TSX:CCO,NYSE:CCJ) announced it has signed an agreement with Advent International to purchase NUKEM Energy GmbH.
Get our independent commentary on uranium trends and companies delivered to your inbox.
