Articles Tagged "uranium producer"

U.S. Objects to Russian Uranium Deal

Uranium-stocks.net reports the objection by US to Russian’s deal on uranium. Russian uranium producer Atomredmetzoloto maintained a calm front Friday in the face of objections by powerful U.S. legislators to a deal that would give it control over a uranium mining operation in the United States. For complete editorial, click here.

Forget diamonds, think uranium

New Era by Desie Heita reports uranium is coming back into the limelight in Namibia. Five years from now Namibia would be perched on a pedestal as one of the world’s largest producers of uranium, thanks to the uranium mines that are currently at exploration and pre-production stages coming on stream. Up till now, Namibia’s [...]

ARMZ takes hold of Uranium One

World Nuclear News reports AtomRedMetzoloto and Uranium One have signed an agreement that will move Uranium One into the top five global uranium producers. ARMZ will contribute to the deal its interests in two Kazakh in-situ leach uranium mines – its holdings of 50% in the Akbastau mine and 49.7% in the Zarechnoye uranium mine – plus $610 million [...]

World’s leading uranium producer Cameco set to double production

The Denki Shimbun reports Cameco Corp., world’s leading uranium producer is set to double production. In addition to a plan to start operation of the Cigar Lake uranium mine in Saskatchewan, Canada in mid-2013, the company aims to expand the production capacity of mines in the United States and Kazakhstan in which it owns interests. [...]

Ur-Energy: Into Production Early 2011

Ur-Energy is completing permitting activities to bring its Lost Creek Wyoming uranium deposit into production and to build a two-million-pounds-per-year processing facility. With adequate funds and technical depth unmatched among North American juniors, Ur-Energy is well positioned to be the next uranium producer in Wyoming in late 2010. In addition, Ur-Energy’s project pipeline is supported by an extensive, valuable exploration database and intensive analysis programs, providing for great exploration and development potential.