An addendum to an existing Subsoil Use Contract signed by the Kazakh-French joint venture and the Kazakh Ministry of Energy means the industrial development of the South Tortkuduk parcel of the Muyunkum uranium deposit can go ahead. Production is expected to begin in 18 months.

A definitive feasibility study has been completed for the Ross and Kendrick production areas at Peninsula Energy Ltd's flagship, 100%-owned Lance in-situ leach uranium projects in Wyoming, USA.

Global Atomic has completed the formation of its Niger mining subsidiary which is to be 20% owned by the country's government. Societé Minière DASA SA will be responsible for operating the Dasa project, which is on track for yellowcake production in early 2025.

Denison Mines Corp is now fully permitted to recover a uranium-bearing solution from the Phoenix ore body at the Wheeler River project in northern Saskatchewan. The feasibility field test will be a first-of-its-kind test and will help de-risk the planned in-situ leach uranium mining operation.
 

Texas-based Uranium Energy Corp has submitted an offer to supply the US Department of Energy - National Nuclear Security Administration with uranium, in response to a government tender to launch a national reserve of domestically produced U3O8.

Mineral resource estimates for uranium deposits in Paraguay and the USA were detailed in separate announcements by Texas-headquartered Uranium Energy Corp.

Global Atomic has contracted distributed energy service provider Enernet Global Inc to supply a hybrid power plant for its Dasa uranium project currently under development in Niger. Meanwhile, Boss Energy is ramping up key construction and development work at its Honeymoon uranium project in South Australia.

Western Australia-based Paladin Energy Limited has decided to return the Langer Heinrich uranium mine in Namibia to production in the first quarter of 2024. The company said the decision to resume operation of the mine, which was suspended in 2018 due to low uranium prices, is supported by a strong uranium market.

Denison Mines has received approval from the Saskatchewan Minister of Environment to prepare, construct and operate the facilities required to carry out the in-situ leach feasibility field test planned for the Phoenix deposit at the Wheeler River uranium project.

The US National Nuclear Security Administration has begun the process to initiate the USA's strategic uranium reserve, issuing a solicitation to purchase up to an estimated one million pounds of domestically-produced U3O8.

Texas-based Uranium Energy Corp has agreed to acquire Canadian company UEX Corporation to create a combined, diversified portfolio of uranium production and development assets.
 

The board of Boss Energy Limited has approved the final investment decision for the development of the Honeymoon in-situ leach uranium project in South Australia. The Perth-based company said it will now accelerate engineering, procurement and construction, with production set for the final quarter of 2023.