Wyoming-based near-term uranium producer Uranerz Energy closed a $20-million loan with the state of Wyoming today.
Not all energy options are equally good, says Thomas Drolet, principal of Drolet & Associates Energy Services Inc. Using an "Energy Return on Energy Invested (EROEI)" calculation to decide which energy sources yield the most for the least energy investment, Drolet sees hydroelectricity, natural gas, uranium and coal at the top of the list. Drolet adds that the need for reliable power will keep baseload power fueled by uranium and coal at the center of the world's electricity systems for many years, but he tips The Mining Report to some technologies looking for investment that can help make coal a more environment-friendly fuel.
Carbine Tungsten was granted final approval for its stockpile processing facility.
In an interesting turn of events, Rockwood Holdings and Chengdu Tianqi Industry Group have formed a joint venture, resulting in Rockwood gaining a 49 percent stake in Australia-based Talison Lithium.
Brent crude futures climbed to a one-week high on Monday after economic data hinted that November saw a growing manufacturing sector in China, Europe and the United States.
The Australian company continues to face opposition from those who believe their rare earths processing plant in Malaysia risks human health and damage to the environment.
On November 26, a joint conflict-free program was announced to help address the issue of conflict tungsten.
As analysts expected, zinc prices didn't see much movement during November.
Patterson Lake headliners, Fission Uranium (TSXV:FCU) and joint venture partner Alpha Minerals (TSXV:AMW) received approval from their respective shareholders on the previously announced merger plans on Thursday.
The precious metal managed to claw back a few dollars on Thursday after hitting a 4.5-month low on Monday due to the Iran-US nuclear deal.