The East African reports that the Russian state-owned nuclear energy firm JSC Atomredmetzoloto (ARMZ) is shelving a plan to acquire the $1.16 billion Mkuju Uranium assets in Southern Tanzania over the recent Japanese nuclear plant crisis. The move comes a month after the Russian firm obtained a take-over approval from the government of Tanzania under the Fair Competition Act 2003. The Tanzanian government had said that it would start higher grade uranium mining in early 2012 at Mkuju River following the completion of the feasibility study and the approval of environmental impact assessment of the area.

Potash Investing News reports on how the Japanese earthquake and tsunami have impacted the market for potash: While grain prices have been experiencing volatility in the aftermath of Japan’s earthquake, potash prices have yet to feel the effects.

Globe and Mail columnist Darcy Keith says the stock is undervalued and the company is showing robust resource estimates coming out of its Mana and Samira Hill projects in west Africa.

Husky Energy (TSX:HSE)  has successfully raised $300 million through a public offering of 10 million preferred shares. Shareholders will receive an annual […]

New York Times reports: The Talbot Group, the mining investment firm that experienced the loss of a director, Ken Talbot, who died […]

Crowflight Minerals has made an out of court settlement for $7.1 million, thus paving the way for a re-opening of Bucko Lake mine by early April, The Winnipeg Free Press reported today: Crowflight Minerals Inc. is expecting to announce plans to reopen production at the Bucko Lake nickel mine in Wabowden as early as next week.

The Alberta government will collect three times more revenue than previously under its revamped mine security program, which pledges to collect money for mine reclamation, The Edmonton Journal is reporting. But existing companies will also get about a 10-year break in payments under the new system, which is geared to collecting more money in the later stages of a mine's life than in the early stages.

As Japanese workers and scientists battle to prevent a nuclear meltdown at the Fukushima plant, most Nunavut residents who showed up to a public forum Thursday night rejected the spectre of uranium mining in the northern Canadian territory. Many Nunavummiut who attended a uranium forum Thursday night said they do not want uranium mining in Nunavut, while some even attacked the territory's Inuit group for supporting uranium development.

Base metals and gold financings were on the rise in 2010, according to the latest report from Metals Economics Group (MEG). The report, which reviewed junior financings between 2008 and 2010, says financings jumped sharply from almost $2 billion in November 2010 to about $5.5 billion in December — a record high.

The Australian's Tim Boreham weighs in on the uranium stock crash: How many more images of steam billowing from nuclear reactors and reports of on-again, off-again fires can investors endure before they tune out?

Allan Seccombe, writing in Business Day, reports on the results of a legal battle between a community and an Australian platinum mining company.

The recent earthquake which has devastated Japan could also have serious consequences for Australia's energy exports to the region, says an article in The University of Queensland News, quoting UQ economist Dr. Liam Wagner.