EPA greenlights Azarga Uranium South Dakota project

US activist investor steps up pressure on BHP to ditch petroleum. Mackenzie says company already knows what to do to lift value by 50% and double return on capital.

Move comes on the heels of calls from shareholders including activist investor Elliott Management and Australia’s Tribeca Investment Partners for a change of BHP's corporate structure.

Uranium junior Kivalliq Energy (TSXV:KIV) last week expanded its portfolio of projects focused in Nunavut, northern Canada, by acquiring a position in what it says is one of the largest undeveloped greenstone gold belts in Canada, from Commander Resources (TSXV:CMD).

The action is heating up in Saskatchewan's Athabasca Basin with one of the major exploration players in the region, Skyharbour Resources (TSXV:SYH), announcing last week that its option partner Azincourt Uranium (TSXV:AAZ) will be starting a new exploration this summer.

The Kiggavik uranium project called for one underground and four open-pit mines just west of Baker Lake, and would have provided at least 400 jobs.

Governments, industry players, unions expected to sign federal mining agreement this week, which aims to double investment in the sector to $25bn in eight years.

Top Canadian uranium producer Cameco (TSX:CCO) has just signed an agreement with CanAlaska Uranium (TSXV:CVV) to conduct exploratory drilling at the West McArthur uranium project, 15 kilometres from its majority-owned McArthur River uranium mine.

The blast took place at a mine located in Iran's northern Golestan province on Wednesday morning.

US Dept of Energy makes huge cuts to allowable transfers of uranium this year and in 2018.