Uranium Top Stories

Cigar Lake mine officially starts production

Saskatchewan mine is the second largest high-grade undeveloped uranium deposit…

Renewables beat coal for first time in UK electricity mix

More than a quarter of the UK's electricity came from…

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First Uranium: S Africa mine operations resume

Canadian gold and uranium producer First Uranium Corp (FIU.TO) said on Friday it has resumed underground operations at its Ezulwini gold mine in South Africa. A temporary work stoppage instruction was issued on March 12 by the South African Department of Mineral Resources, pending investigations after a worker died in fall of ground.

Uranium stocks take a thrashing

While the jury remains out on exactly what went wrong at certain tsunami-and earthquake-impacted nuclear power reactors in Japan, investors took decisive action on Monday, selling down listed uranium stocks by up to a third. Smaller stocks were especially punished. During Australian trade, Pitchstone Exploration was sold down by 32% on the day. The world's biggest listed uranium producer, Canada's Cameco, fell 12.7% to close at $31.70.

Denison Mines reports $14.2mn loss for 2010

Denison Mines reported 1,442,000 pounds of uranium oxide and 2,347,000 pounds of vanadium blackflake last year. The company had originally forecast 1.6 million pounds U3O8 and 2.8 million pounds of vanadium production for 2010. Production for the fourth-quarter totaled 234,000 pounds of uranium oxide and 391,000 pounds of vanadium.