enCore Energy announced that the U.S. Nuclear Regulatory Commission (NRC) has renewed the source materials license for the Dewey Burdock in-situ recovery (ISR) uranium project in South Dakota for 20 years. With the issuance of the license, the project has received all necessary federal permits.
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Metals One secures Uravan project in U.S.
London-based Metals One has completed its acquisition of the Uravan uranium-vanadium project in Montrose County, Colorado. The deal, which includes 59 unpatented claims with a 10-year exploration lease, supports the company’s expanding critical minerals portfolio. Total consideration for the acquisition is $50,000 in cash and the issuance of 500,000 new ordinary shares in Metals One. “The formal acquisition of the…
Read MoreMcArthur River uranium mine headed for restart
Cameco revealed in its recent fourth-quarter earnings report that it will restart its McArthur River mine and Key Lake mill in Saskatchewan, Canada, after nearly three years of being in care and maintenance.
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