Authorities in Greenland have carried out robust safety and security preparatory work for a possible rare earth and uranium mine, International Atomic Energy Agency (IAEA) director general Yukiya Amano noted during a visit to the country.

Uranium Energy Corp (UEC) has entered a definitive share purchase agreement with Pacific Road Resources Funds to acquire all issued and outstanding shares of Reno Creek Holdings. The agreement allows UEC to buy 100% of Pacific Road's fully permitted Reno Creek in-situ leach project in the Powder River Basin, Wyoming. Pacific Road, a mining private equity firm, will own about 9% of UEC's common shares at closing of the transaction.

Some of the world's leading uranium miners last week described major changes they have made in response to the protracted downturn in uranium prices. At the same time, they are positioning themselves for an expected pickup in demand.

KazAtomProm's newly created trading subsidiary TH Kazakatom will bring much needed liquidity to the uranium spot market, its chief commercial director Riaz Rizvi has told the World Nuclear Fuel Cycle conference in Toronto, Canada. Rizvi said that, as part of KazAtomProm's ongoing Transformation Program, it had established a trading office in Switzerland to buy and sell uranium on the spot market.

The US Nuclear Regulatory Commission has issued a Confirmatory Order to Homestake Mining Co of California outlining actions to be taken as part of an ongoing groundwater cleanup program at the site of a former uranium mill in New Mexico.

Areva and KazAtomProm have today signed a new strategic agreement to strengthen their cooperation in Kazakhstan's uranium mining sector. The agreement opens new opportunities to develop and enhance their long-standing Katco joint venture.

A joint delegation from the European Union and the European Bank for Reconstruction and Development has held talks with the government of Kyrgyzstan on addressing the environmental legacy of uranium mining in Central Asia. 

ARMZ, Atomflot and VostokCoal have signed an agreement to cooperate in the development of the Russian Arctic region. The document was signed on 29 March by ARMZ director-general Vladimir Verkhovtsev, Atomflot general director Vyacheslav Ruksha and VostokCoal chairman Dmitry Bosov during the International Arctic Forum held last week in Arkhangelsk.

ARMZ, the uranium mining subsidiary of Russia's Rosatom, has started developing the Vershinnoye uranium deposit in the Republic of Buryatia, in southern Siberia. ARMZ said in a statement on Rosatom's website the deposit has 4577 tonnes of uranium reserves and that the first production by in situ leaching would be next year by its subsidiary JSC Khiagda.

Jordan and Saudi Arabia have signed agreements on cooperation in uranium exploration and carrying out a feasibility study into the construction of two small modular reactors (SMRs) in Jordan.

An International Atomic Energy Agency expert team is preparing independent cost estimates to help Tajikistan plan the remediation of uranium legacy sites in the north of the country.

Paladin Energy Limited plans to start arbitration proceedings against CNNC Overseas Uranium Holdings Ltd (CNNC Overseas) amid indications it will seek to acquire Paladin's interest in the Langer Heinrich uranium mine in Namibia. CNNC Overseas bought a 25% joint venture equity stake in Langer Heinrich for $190 million in January 2014.