MINING.COM

Outer Harbour 1, Olympic Dam-Jansen 0: BHP gets final approval for $20 billion iron ore expansion

There are "growing signs" that Outer Harbour will take precedence over BHP's massive Olympic Dam project and the greenfield Jansen potash venture in Canada.

Frik Els | May 31, 2012 | 6:29 pm

Olympic Dam decision pushed to the wire

If the board of the world's largest miner does not make a decision on the giant copper-gold-uranium-silver project in South Australia's outback by 8 December then it would lose all approvals and royalties concessions.

Frik Els | May 30, 2012 | 9:00 pm

First Uranium says Olma demands are ‘unrealistic’

John Hick, lead independent director of First Uranium Corp, described demands from Olma Investment Group and other dissident shareholders received by the company Tuesday as "unrealisic".

Cecilia Jamasmie | May 29, 2012 | 5:13 pm

Olympic Dam Taskforce CEO to doubters: We’re planning 10,000-strong village, already building airstrip for 737s

The copper-uranium-gold-silver project has a 100 year mining life, so a glitch this year was unlikely to sway a company that thinks well ahead, the CEO of the Olympic Dam Taskforce said Tuesday.

Frik Els | May 22, 2012 | 9:03 pm

Junior resource investment in a financial meltdown – the Good, the Bad and the Ugly

Rick Rule's presentation at the New York Hard Assets Conference earlier this week sees some light for the informed junior resource investor despite current patterns which have mostly been Bad or Ugly!

Mineweb | May 19, 2012 | 8:53 am

Uranium Energy Corp acquires Channen Exploration Project in South Texas

Uranium Energy Corp. has acquired the rights to explore for uranium on the Channen Project, a 10,704-acre property located in southern Goliad County, Texas.

PR Newswire via Yahoo! | May 17, 2012 | 4:52 am

Falling off the supercycle: BHP puts the brakes on capex, stock hits 3-year low

“Where the industry previously lacked investment opportunities and choice, it now has more projects than cash flows. All of us in the industry are having to make choices.”

Frik Els | May 16, 2012 | 6:40 pm

AREVA and Mitsubishi co-operate on Australian uranium exploration

AREVA and Mitsubishi Corporation, through their respective subsidiaries Afmeco Mining and Exploration Pty Ltd (AFMEX) and Mitsubishi Development Pty Ltd (MDP), have decided to work together in a uranium exploration program in Australia.

MINING.com Editor | May 16, 2012 | 12:18 am

Canadian Cameco to buy German nuclear fuel company Nukem for $136 million

Canadian company Cameco, the world's largest uranium miner, has signed a deal to buy Nukem Energy, a German company that trades nuclear fuel products and services, for $136 million in cash plus debt.

Cecilia Jamasmie | May 14, 2012 | 3:28 pm

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