Newmont increases quarterly dividend by 79%

After losing half of its value, the spot price of uranium has in recent weeks risen from less than $30 per pound to $42 per pound. Roger Lemaitre, President and CEO of UEX Corp., is pleased but not surprised, as a supply shortage looms, and sanctions against Russia are spooking utilities.

Finishing the project would take time and around $4 billion more of what Barrick has already invested.

The world’s biggest copper producer will, in turn, procure goods and services from Canadian companies.

Centralized modern processing could make it possible for mining companies in the United States, Europe and Australia to start producing truly critical materials with small capex.

Transaction is worth around $15 million.

Friday’s rally was just a brief break for the precious metal.

Mine operator and Rio's subsidiary Turquoise Hill said Monday they have made an offer to the government of Mongolia to resolve matters in a manner deemed "beneficial to all stakeholders.”

The Indian group opposing Imperial Metals Corp.'s Red Chris mine, known as the Klabona Keepers, says that nobody properly consulted its members about the project, a "grave and serious" violation of aboriginal rights.

The uranium space caught some attention last week after an important vote in Japan opened the door for nuclear reactor restarts.