More than one big announcement from China hit the uranium space this week. First, China National Nuclear and China General Nuclear Power Group announced plans to obtain stakes in French nuclear company Areva. Then CNNC subsidiary CNNC International said it plans to seek acquisition opportunities to help meet growing Chinese uranium demand.
Texas Rare Earth announced a key advancement in the development of its rare earth element separation process on Tuesday. Using its continuous ion chromatography methodology, K-Technologies has removed much of the rare earths lanthanum and cerium from a pregnant leach solution containing rare earths from Texas Rare Earth's Round Top deposit.
Integra Gold announced additional high-grade intervals from the Triangle zone at its Lamaque South gold project in Quebec.
Roxgold announced high-grade gold mineralization from development infill drilling at the 55 zone at its Yaramoko project in Burkina Faso.
Kootenay Silver announced final results from Phase II drilling at the La Negra discovery at its Promontorio project in Mexico.
Foran Mining announced results from the final three infill holes at its Bigstone VMS project in Saskatchewan. The project is located 25 kilometers west of the company's McIlvenna Bay deposit. The Bigstone project is subject to a 2-percent net smelter royalty.
Foran Mining announced results from the final three infill holes at its Bigstone VMS project in Saskatchewan. The project is located 25 kilometers west of the company's McIlvenna Bay deposit.
Variscan Mines has confirmed the results of historical BGRM (French government) drilling from the 1980s on the Porte-aux-Moines deposit in Western France. In the 1980s, BGRM completed over 9,000 meters of drilling and 2 kilometers of underground development, including five cross cuts outlining a zinc-rich VMS deposit.
Resource Investing News breaks down in layman's terms what goes into detecting uranium in the ground and underwater, also detailing what tests companies undertake to determine the size and density of a deposit and what goes into geophysical analysis.
Problems at Southern Copper's Tia Maria mine reached new heights on Friday when Peru declared a state of emergency due to violent protests at the operation. The situation highlights the importance of obtaining social license when developing mining projects.