South Africa Uranium

• Nuclear Power Still Part Of The Mix

  By Siseko Njobeni  |  December 8, 2008

  The government has used last week's decision by the Eskom board not to proceed with the bidding process for Sough Africa's (SA's) second nuclear programme to unveil its ambitious plans for nuclear energy.

• Eskom Drops New Nuclear Project On Financial Woes

  By Dick Phelps  |  December 5, 2008

  Eskom said on Friday it had cancelled its plan to build a second nuclear power plant as the project has become too expensive in the current economic environment".

• Uranium One forced To Pull In Its Horns

  By Charlotte Mathews  |  November 17, 2008

  Uranium One, which recently put its Dominion mine near Klerksdorp on care and maintenance with the loss of about 1,000 jobs, has written down its assets by a net $2 billion because of weak market conditions.

• Move To Extend Life Of R"ossing's Namibia Mine

  By Charlotte Mathews  |  November 11, 2008

  R"ossing Uranium, which is 69% owned by Rio Tinto, is examining ways to exend the life of the mine beyond its official estimate of 2021, says MD Mike Leech.

• Uranium's Slump Claims Its First Victim In South Africa

  By Charlotte Mathews  |  October 25, 2008

  Uranium One became the first local casualty of slowing commodities prices when it said that it had canned the Dominion uranium mine it has been building outside Klerksdorp for the past two years.

• Uranium One Reduces Production Targets Of Dominion Mine

  By Charlotte Mathews  |  August 14, 2008

  Uranium One, the Toronto- and JSE-listed uranium miner, has again reduced its output forecasts from its Dominion mine in South Africa after a slower than anticipated ramp-up, it said yesterday.

• Nuclear Plant Construction Pace Threatened

  By Edward West  |  April 15, 2008

  Global warming, rapid economic growth in emerging economies such as India and China and delayed investment worldwide in new generating capacity, have resulted in a great number of new nuclear power stations being planned around the world.

• Uranium Benefits From Global Nuclear Power Renaissance

  By Tim Cohen  |  February 4, 2008

  Although spot prices may remain volatile in the near future, the outlook for uranium is good, according to UxC's Jeff Combs.

• Dominion Uranium Project Robust

  By Siseko Njobeni  |  July 31, 2006

  CEO Neal Froneman says SXR Uranium One's multi-million dollar Dominion project would produce 27.2 million pounds of uranium and 500,000 ounces of gold over an 11 year period.

• Uranium Producers Prepare for Boom

  By Wendy Hall  |  August 19, 2005

  Anticipated rises in the price of uranium over the next decade, driven by demand for a clean, sustainable energy source, have prompted producer countries to develop their production facilities.