Posts Tagged ‘RIO’

Interview With Corey Dias, CEO of Anfield Resources– Uranium & Copper Junior on the Move

There has been a string of important news releases from Anfield Resources [ARY.V] [EXEQF] this year. Perhaps few as important as the March 18th press release. Please click on link. With this announcement, Anfield is taking its uranium strategy to the next level, with the real possibility of actual production as soon as 2h 2015. ...

Anfield Resources Expands Uranium Holdings, Production as Soon as Next Year!

Anfield Resources Inc. (TSX VENTURE:ARY)(OTC PINK:EXEQF) is pleased to announce that it has expanded its holdings at the Firefly Mine Complex, located in the La Sal Area of the Paradox District in Utah. Anfield acquired the original claims in the area from Yellow Rock Resources in January, 2014. Favorable historic reports prompted Anfield to expand ...

1st Paladin Energy Halted 3 MM Lbs of Uranium Production, Now Cameco Suspends Long-Term Guidance

02.08.2014 · Posted in Uranium, Uranium Companies

Feb 7 (Reuters) – Cameco Corp, the world’s third-largest uranium producer, on Friday scrapped its lofty production target for the radioactive metal due to excess global supply in an uncertain market. The Saskatoon, Saskatchewan-based company also reported an increase in fourth-quarter profit, but it fell short of Street expectations. Uranium prices have been weak since ...

Deadly Violence in the Democratic Republic of Congo Threatens Copper Supply

01.29.2014 · Posted in Copper, Copper Companies, Resource Nationalism

At least 26 people were killed Tuesday in the Democratic Republic of Congo (DRC) as Congolese soldiers tried containing a rebels’ attack to the city of Lubumbashi, located in the copper-rich southeast province of Katanga. Police told Press TV a separatist militia known as the Mai Mai Kata Katanga (meaning “cut out Katanga” in the ...

Paladin Uranium Market Update: January 14, 2014

01.15.2014 · Posted in Uranium, Uranium Companies

MARKET URANIUM OUTLOOK Amidst moderate transactional volume levels, the Ux spot price moved in a narrow range between US$34.50/lb U3O8 and US$36.25/lb U3O8 during the quarter. Activity continued to be extremely limited in the longer-term market, with the Ux term price flat over the quarter at $50.00/lb U3O8. During CY13, construction began on ten reactors ...

A Further 7% of World’s Mine Supply Impacted With Shutdown of Uranium Production in Niger

01.07.2014 · Posted in Uranium, Uranium Companies

Please follow me on Twitter: @peterepstein2 From Cantor Fitzgerald and recent news items…. A Further 7% of World’s Mine Supply Impacted With Shutdown of Uranium Production in Niger 2014 began with more uranium supply cutbacks. Arevahas closed its Somair and Cominak mines in Niger as the French nuclear company works to renew its mining license, ...

South America Could be Big in Uranium, According to Canada’s U308 Corp.

01.06.2014 · Posted in Uranium, Uranium Companies

TORONTO (miningweekly.com) – Taken solely at face value, South America hardly excites when it comes to uranium. Brazil is the region’s only producer and its output is relatively meagre compared with other nations. It recorded output of 231 metric tonnes of uranium in 2012, down from 265 tonnes in 2011, according to the World Nuclear ...

Areva Closes 2 Giant Uranium Mines For a Month

01.06.2014 · Posted in Uranium, Uranium Companies

PARIS/NIAMEY – French state-controlled nuclear group Areva has closed its two uranium mines in Niger for a month of maintenance while it negotiates with the government over the renewal of its licences, a company spokesman said on Friday. Niger, the world’s fourth-largest uranium producer, is trying to extract increased royalties from the French group, with ...

Droughts in Niger, Protests in Niger- Uranium Supply From Africa is Far From Secure

12.23.2013 · Posted in Uranium, Uranium Companies

Peter Epstein: Reuters reporting here what I’ve been reading behind the scenes for the past few months. Niger is demanding a bigger cut of Areva’s uranium profits. It appears that the Nigerian people are calling for an increase in the country’s royalty rate from 5.5% to as much as 12%. Assuming a 5% increase to ...

Iron Ore, Met Coal Prices Slump as Australia Ramps Up Exports

12.19.2013 · Posted in Coal, Coal Companies, Iron Ore, Iron Ore Companies

[Mining.com 12/18/13] The price of iron ore slumped to a 7-week low and metallurgical coal traded at its lowest level since August on Wednesday. The benchmark CFR import price of 62% iron ore fines at China’s Tianjin fell to $133.40 a tonne on a level last seen at the end of October, while FOB premium ...