With today's uranium prices hovering near $35 per pound of U3O8, uranium production is not at its most profitable. However, if there is one place in the world that high-grade uranium deposits have enabled producers to continue operating, it is Canada — specifically, the Athabasca Basin in Northern Saskatchewan.
Articles Tagged "EPA:AREVA"
Mining Weekly reported that French company Areva (EPA:AREVA) has partially restarted uranium production at its Somair mine in Niger that had been damaged as a result of a suicide bomber attack in May.
Bloomberg reported Areva SA (EPA:AREVA) is about to begin talks to sell its radiation-measurement unit Canberra to Astorg Partners SAS for more than 300 million euros.
Mineweb reported Areva (EPA:AREVA) delayed the start of its $1 billion Trekkopje uranium mine in Namibia until market conditions improve.
Reuters reported Niger has warned Areva (EPA:AREVA) it can't support a uranium mining company that fails to meet production deadlines.
Reuters reported Areva (EPA:AREVA) has signed contracts to supply more than 30,000 tonnes of natural uranium to power group EDF (EPA:EDF) from 2014 to 2035
Reuters reported a one-day strike at Areva's (EPA:AREVA) Somair uranium mine in Niger has ended as negotiations regarding conditions resumed.
Platts reported Areva (EPA:AREVA) will supply enriched uranium for eight years to four of Emirates Nuclear Energy's planned Barakah units.
NBCNews reported Areva (EPA:AREVA) saw its revenue grow 8.3 percent in the first half of the year to $5.3 billion.
Reuters reported 1,200 uranium workers at Areva's (EPA:AREVA) Niger uranium mine have gone on strike for 72 hours demanding higher wages.