Western Australia may soon have a new uranium mine, after the last environmental hurdle was cleared by Vimy Resources (ASX:VMY) to build its Mulga Rock uranium mine.
Once the deals close, there will be only three major companies — CNRL, Suncor and ExxonMobil majority-owned Imperial Oil Ltd. — dominating Canada's oil sands industry.
Researchers in the United States may have made a breakthrough in the quest to discern between uranium used for power generation and material that is being made into nuclear weapons.