United Minerals Corporation reported progress on the Kimberley Bauxite project, on which an MOU exists between UMC and the international aluminium producer Norske Hydro. Discussions have proceeded on the final JV documentation over recent months, and Norske Hydro and UMC will meet in early September to address a range of project material including final outstanding […]
The Australian reported that BHP Billiton is in talks to take up a 25% stake in a A$615million (US$733million) bauxite mine and alumina refinery in India`s eastern Orissa province. The deal would be BHP Billiton`s first project in India.
It also reported that Zinifex Ltd and its Belgian partner Umicore Group are believed to have appointed […]
Reserves of uranium have been found in the west African country of Guinea by Australian mining company Murchison United NL, Guinean Mines and Geology Minister Ahmad Kante announced.
The discovery resulted from analysis of samples taken from the Firawa site at Kissidougou 600 kilometres (400 miles) southeast of the capital Conakry, the minister told an AFP […]
Booming uranium prices could tempt Anglogold Ashanti Ltd. , the gold mining arm of Anglo American , into uranium exploration in Australia, a company executive said on Wednesday.
Anglogold, which already mines some uranium as a by-product from gold mines in South Africa, was looking at the potential for yielding uranium from the Tropicana gold prospect […]
Rep. Marilyn Musgrave sent a letter Tuesday asking atomic energy regulators to consider water quality as they decide whether to allow uranium mining in Larimer and Weld counties.
Musgrave, R-Colo., said she’s heard from residents concerned about water quality as a Canadian company prepares to prospect for uranium near the town of Nunn.
Powertech Uranium Corp. last […]
As buyers continue to be reluctant to commit to purchases, uranium spot prices dipped again last week – down US$3 to US$120 per pound, according to TradeTech’s indicator.
Customers are expecting further downward price movement due to the current supply overhang, the firm said in the Aug. 3 issue of Nuclear Market Review.
The U.S. Department […]