The country wants another 9,600 MW of nuclear energy to boost its struggling power grid and is considering the re-establishment of its uranium enrichment and conversion facilities.
The company says it has terminated a 2011 agreement to sell its operating units in Kazakhstan, Kyrgyzstan and Romania to Altyn because part of the deal, known as the First Tranche Completion, did not occur on time.
Passport Potash's project in Northern Arizona has indicated resources of 125.6 million tonnes, justifying a feasibility study on the Holbrook Basin project.
The state-controlled copper miner has purchased another 29% of Ajax Mining, its JV company with Abacus Mining for $29.9 million, raising its bet on Canada as its second base.
Prices were down 0.1% at $1,666.19/oz Monday as a softer tone to other assets such as stocks and crude oil indicated weaker appetite for fresh investment, but a retreat in the dollar prevented a sharper fall.
Copper miner, Hindustan Copper, is to invest $650 million in eight mining projects across India over the next five years in a bid to quadruple capacity.
Rob McEwen has blasted senior gold miners, saying they should be paying out more in yields and dividends to attract shareholders and broaden the appeal of gold investment.
A joint-venture between junior-miner Kirkland Lake Gold (TSX: KGI) and junior-explorer Queenston Mining (TSX: QMI) on properties near the former's Macassa mine in Ontario is coming to an end.
