Bloomberg reported that the world’s biggest producer of nuclear fuel, Areva SA, has more than doubled its earnings in 2012 due to higher sales and slashed costs after the Fukushima accident in Japan the previous year.
Seeking Alpha reported BHP Billiton Limited (NYSE:BHP,TSX:BHP) will sell its Yeelirrie uranium deposit to Cameco Corporation (TSX:CCJ.NYSE:CCO) for $430 million.
CNBC reported a uranium mining company in Virginia says public water supplies will not be threatened by the processing of the radioactive ore.
Cameco (TSX:CCO,NYSE:CCJ) announced it has purchased the Yeelirrie uranium project in Western Australia for $430 million from BHP Billiton (NYSE:BHP).
The Street reported New Mexico's Supreme Court has ruled a uranium company's insurance policies may cover costs of cleaning up contamination at a former mine.
CNBC reported the Czech government has approved extending the life of a uranium mine to help grow the country's nuclear program despite environmental objections.
Reuters reported Denison Mines (TSX:DML,NYSE:DNN) said it will start developing its uranium mine in Zambia once the price of yellowcake rises about $65 a pound.
Star Uranium Corp. (TSXV:SUV) announced an update and summary for its FalC property in Canada.
Calypso Uranium Corp. (TSXV:CLP) announced the second discovery of surface uranium mineralization at its San Jorge Basin project in Argentina.
Reuters reported Areva's (EPA:AREVA) Imouraren uranium mining project in Niger will likely start production in 2014 after delays caused by kidnappings of foreign workers in the country's north.
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