The Nunatsiavut Government of Labrador, a regional Inuit government formed in 2005, has officially lifted a three-year-old moratorium on uranium mining on Inuit lands, by enacting its Environmental Protection Act and an amendment to the Labrador Inuit Lands Act, said the body.
Positive stress test results have been successful in calming anti-nuclear sentiments, following protests against nuclear energy that stemmed from the Fukushima disaster in March 2011, according to a new report by English energy research company GlobalData.
South Australia’s mineral resources and energy minister, Tom Koutsantonis, said he was confident BHP Billiton will proceed with developing the uranium Olympic Dam open-pit mine, despite the project will cost billions of dollars, reports Reuters.
Cameco Corp. (TSX: CCO; NYSE: CCJ), Canada’s largest uranium company, said it agreed to buy Areva Resources Canada’s 27.94% stake in the northern Saskatchewan-based Millennium project for $150 million. With this acquisition Cameco becomes the majority holder in the proposed uranium mine.
The U.S. Nuclear Energy Institute and the National Mining Association (NMA) are demanding the Obama administration to revoke a ban on new uranium mining around the Grand Canyon in Arizona. And they are doing so by suing the U.S. Interior Department, as the organizations announced yesterday.
An Australian explorer said today that one of Africa’s most prolific uranium plays is shaking off the tag that it was the uranium province that was missed and is starting to emerge as a potentially significant greenfields province.