Uranium investors, ignore the noise!
Uranium prices and mining stocks are low, but market forces will push them both higher in the next 12–24 months, says David Sadowski. Miners are jockeying for position and the Raymond James mining analyst tells The Mining Report to expect mergers and acquisitions as they prepare for the good times to come. The market’s supply [...]
Khan Resources takes Mongolia expropriation to arbitration panel
Canada’s Khan Resources is gambling that an international arbitration case in Paris will allow it to regain control of a uranium project that, it claims, was illegally expropriated by the Mongolian government, leaving it with nothing but angry investors.
French energy giant Areva signs uranium deal with Mongolia
French nuclear energy giant Areva signed a deal with Mongolia’s state-owned Mon-Atom on Saturday to develop two uranium mines in the Gobi desert, officials said.
Mongolia to Take Areva Uranium Stake to Help Revive Investment
Mongolia will take a stake in a domestic uranium venture led by France’s Areva SA (AREVA) and support its development, signaling the nation’s willingness to revive foreign investment, said Prime Minister Norovyn Altankhuyag.
International tribunal to conduct hearings of Khan’s uranium mine in November
The International Arbitration Tribunal has scheduled a five-day hearing in November 2013 for Canadian exploration company Khan Resources’ plea pertaining to Dornod uranium project in Mongolia.
Почему уран может стать золотом завтрашнего дня
В настоящий момент спотовые цены на уран составляют 42 доллара за фунт, что просто до смешного мало. В будущем они обязательно вырастут. На прошлой неделе мне удалось побеседовать с двумя выдающимися специалистами по урану. Они занимались ураном как в частном, так и государственном секторе еще с 1970-х годов. И лично присутствовали на всех ключевых событиях [...]
China urgently seeking new uranium resources domestically and overseas
China National Nuclear Corporation is to speed up overseas uranium mining exploration. The country’s leading nuclear energy developer is to focus on Australia, Africa and Central Asia, to meet its growing demand for raw material.
Arbitration ruling expected in Mongolia uranium deposit case in 2014
MOSCOW, December 12 – RAPSI. An arbitration tribunal is expected to issue a decision in early 2014 on Khan Resources Inc.’s (Khan) $326 million claim against the Mongolian government over its allegedly illegal expropriation of uranium deposit mines.
Kalinin NPP: a Mongolia’s delegation visit
On the 8th of November representatives of the Nuclear Energy Agency of Mongolia and the Institute of Physics and Technology of the Mongolian Academy of Sciences paid a familiarization visit to Kalinin NPP.
Tribunal rules in favour of Mongolian uranium developer
The United Nations (UN) tribunal has ruled in favour of uranium explorer Khan Resources in a $200-million arbitration case against the government of Mongolia, the TSX-listed company said on Thursday.
Khan Announces Private Placement of Shares
Khan Resources Inc. CA:KRI +10.00% (“Khan” or the “Company”) is pleased to announce that it intends to raise up to CDN$2.312 million in a non-brokered private placement by issuing up to 13,600,000 common shares of the Company at a price of $0.17 per common share. A lead order for the offering has been placed by [...]
Khan Announces Listing Review by the Toronto Stock Exchange
Khan Resources Inc. (TSX:KRI) (“Khan” or the “Company”) announces that the Toronto Stock Exchange (“TSX”) is reviewing the Company’s Common Shares with respect to meeting the requirements for continued listing pursuant to their Expedited Review Process. The review of Khan’s compliance with the TSX’s continuing listing standards is a direct result of the Company putting [...]
Mainichi scoop on Mongolia’s nuclear plans highlights problems in dealing with waste
Coverage on a secret document detailing an international nuclear waste disposal site that Japan and the United States had planned to build in Mongolia, for which I won the Vaughan-Ueda Memorial Prize for 2011, has highlighted the difficulties in dealing with radioactive waste.
Khan Resources hits hurdle in ARMZ litigation
Canada’s Khan Resources said an Ontario court upheld an appeal from Russian uranium miner Atomredmetzoloto JSC (ARMZ), wherein Khan and its affiliates will not be able to proceed in Ontario with their C$300 million lawsuit.
Mongolia Eyes Nuclear Ties
Mongolian Prime Minister Sukhbaatar Batbold will visit Japan next week looking to enhance economic and security ties. One of Batbold’s primary objectives for the trip will be to convince Japanese Prime Minister Yoshihiko Noda that negotiating an Economic Partnership Agreement (EPA) with Mongolia will be mutually beneficial. Batbold announced that he intends to make the [...]
Монголия и Япония должны сотрудничать в атомной сфере – Сухбаатарын Батболд
Премьер-министр Монголии Сухбаатарын Батболд призвал к укреплению сотрудничества между Монголией и Японией в атомной сфере, передаёт “Kyodo”.
Mongolian-Iranian Relations Colored by Meat and Uranium
Iran has been steadily increasing its ties with Mongolia and 2010 was a year of increased Iranian overtures toward Ulaanbaatar. In another manifestation of how democratic Mongolia and Iran are looking towards substantially developing their economic ties, in early December 2010, it was announced that a new Mongolian-Iranian joint venture entitled Bayan Meat, Ltd., had [...]
Забайкальский край с Монголией соединит новая железнодорожная ветка
В этом году Монголия начнет строительство железной дороги от крупнейшего в мире угольного месторождения Тован Толгой до Чойбалсана, далее до пункта пропуска Соловьевск. Это связано с ростом спроса в Японии и Южной Корее на уголь, пишет портал Zabinfo.ru
На мировом рынке металлов цены на уран за последний месяц повысились
По данным The Ux Consulting Company, на спотовом рынке (это наличный товар с немедленной оплатой и поставкой) стоимость концентрата закиси-окиси урана (промежуточный продукт переработки природного урана в ядерное топливо) за последний месяц повысилась с $52 до $52,5 за фунт.
The uranium year in review: long-term prospects trend higher
After a sluggish 2009 and a slow 2010, uranium seemed to be coming into its own at the beginning of 2011. The spot price went from $42/pound (lb) at the end of the decade to start 2011 above $60/lb. It quickly topped $70/lb in February and had $75/lb in its sights before the March 11 [...]
Wikileaks, 2007:Interest Rises in Mongolian Uranium Deposits
UNCLAS SECTION 01 OF 05 ULAANBAATAR 000238
Court to hear Canadian Khan Resources’ suit against Russia’s uranium producer
The Ontario Superior Court (Canada) has scheduled for January 24 its next hearing of a lawsuit filed by Khan Resources, a Canadian corporation involved in uranium exploration and development, against Russian uranium producer Atomredmetzoloto JSC (ARMZ), the Ontario Attorney Office told the Russian Legal Information Agency (RAPSI/rapsinews.com) on Friday.
No uranium rebound in the near term: Resource Capital Research
Resource Capital Research detects some life in the uranium sector, namely acquisition plays for Hathor Exploration and Extract Resources, but overall sector performance will remain poor for the first quarter of 2012.
Урановая дипломатия КНР
рановое обеспечение, безусловно, является основополагающим условием для совершения «большого атомного скачка». Китай, не обладая достаточными собственными залежами урановых руд, стремится в кратчайшие сроки создать мощную диверсифицированную систему поставок урана в страну. Причем, как мы видим, речь идет не только об урановой руде, но и о других компонентах, необходимых для фабрикации топлива. В Поднебесной решили использовать [...]
Rio set to win bidding war for uranium miner
Rio Tinto is poised to win a bidding war for a Canadian uranium company after Cameco, the world’s biggest uranium producer, declined to raise its offer for a second time. Hathor Exploration, owner of a large undeveloped uranium deposit in Saskatchewan, a central province of Canada, was valued at C$654m after Rio raised its bid [...]
Cover-up of Russia’s 2002 offer to store Japan’s spent nuclear fuel a wasted opportunity
Government officials’ cover-up of a diplomatic document, in which Russia once offered to temporarily store spent nuclear fuel generated at nuclear power stations in Japan, has deprived the public of opportunities to have discussions on Japan’s nuclear fuel cycle policy.
Kazakhstan: world’s largest uranium miner
Kazakhstan’s international energy image is now that of one of the world’s rising oil exporters, an extraordinary feat given that, two decades ago its hydrocarbon output was beyond insignificant when the USSR collapsed. The vast Central Asian nation, larger than Western Europe, has now quietly passed another energy milestone.
Uranium: Swords to plowshares program ends
Swords (military weapons) to plowshares (tools that benefit mankind) is a concept in which military weapons/technologies are converted to peaceful civilian applications. “They will beat their swords into plowshares and their spears into pruning hooks.” Isaiah 2:4. The destruction of some of the former USSR’s nuclear weapons and the down-blending of HEU to LEU would [...]