China’s CNNC seeking overseas partners to secure uranium

World Nuclear Association report says declining secondary supply, Asian and Middle East reactor builds necessitate whole new mined uranium pipeline by 2025.

As Australian firm A-Cap Resources has applied for a mining licence for its flagship Letlhakane project.

A few legendary influencers are making huge bets right now on commodities, an area that’s faced—and continues to face—some pretty strong headwinds.

CHART: The commodity slump has slashed major miners' market valuations to 60–88% below 2011 highs.

Economic assessment of Triple-R project in the Athabasca basin envisages building $1.1 billion hybrid mine producing more than 100m pounds over 14 years.

The state-owned entity says it will preserve its leading position as extractor of natural uranium, by developing existing mines, building new ones and introducing technologies to lower the costs of uranium extraction.

With the only exception of gold, production numbers for most other commodities mined in the Central African nation are also expected to decline this year.

Commodity investing legend says the Chinese market is on its way to "finding a good bottom."

Despite current adverse conditions, advisory firm Behre Dolbear is recommending mining stakeholders to focus on markets that have been able to ride the wave relatively well so far.