Monday, October 13, 2014

Areva begins processing uranium from Cameco’s Cigar Lake

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Uranium News Digest
Tuesday 14 October 2014
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Cameco's Cigar Lake mine is set to become one of the world's biggest by 2018.

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Cat Auction Services is hosting a live auction for the complete dispersal of Chevron's Questa mine. The auction will take place on Wednesday, October 22, 2014 and Thursday, October 23, 2014 at 9:00 am MDT. While most of the items up for auction are mining, there will also be heavy equipment, motor vehicles, agriculture and parts, attachments and shop tools. This is an unreserved auction, so there are no minimum bids or reserve prices. If you can't make it onsite to bid, no worries, we have online bidding.
For the full auction equipment inventory visit, www.catauctions.com.

The news comes as local miners argue that federal directives are redundant and lengthy.

The commodities trader and miner explored a stock-exchange listing Down Under.

New dimensions are being created within the industry, which help optimize production.

Revoking the ban would have resulted in the development of 26 new uranium mines and 700 uranium exploration projects.

Since the mid-1990s nuclear power has been staging a comeback. The Fukushima reactor disaster in 2011 may have given a moment of pause, but today 14 countries are building new reactors.

Uranium Oxide Price - 6 months
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