Uranium Investing News had a chance to talk to CEO Dev Randhawa about the company and the uranium market.
Articles Tagged "Rio Tinto"
In a recent research note, Raymond James revised its uranium prices and shared its 3 top picks in the uranium space.
Investors nervously watched this week to see if coal producers would be weighed down by bad weather and higher taxes.
Reuters reported that Rio Tinto is mulling over the future of its Mount Thorley Warkworth minin Australia, after a court rejected their request to expand it. As quoted in the market report:
The Sydney Morning Herald reported that the Energy Resources of Australia (ERA) said that an approval to construct an underground uranium mine at its Ranger mine in Kakadu National Park will re-establish itself as one of the premier producers of uranium.
Bloomberg reported that Rio Tinto has lifted force majeure at thermal coal supply contracts from its Kestrel mine after flooding swamped the rail line.
Mineweb reported that Rio Tinto's move to unload some of its assets, including coal assets, suggests that they are uneasy about long term coal prices.
Bloomberg reported that Saskatchewan Premier Brad Wall said Canada should end limitations on foreign ownership for uranium companies like Cameco.
Ongoing problems at the disaster-stricken Fukushima Daiichi nuclear power plant aren’t helping Japanese citizens' perceptions of nuclear power’s safety.
The Sydney Morning Herald reported that uranium producer, Energy Resources of Australia believes that while the price of the commodity and demand are quite low these days, good times are bound to return if the company extends the life of its declining Ranger Mine.