• Tue
  • Sep 16, 2014
  • Updated: 11:53am

Uranium Mining

China's top nuclear firm to buy stake in Australian company's uranium mine in Namibia

China National Nuclear Corporation has agreed to buy a 25 per cent stake in Australian miner Paladin Energy’s uranium mine in Namibia for US$190 million, locking in supplies as Beijing builds new nuclear plants for cleaner energy.

Monday, 20 January, 2014, 11:40am

Uranium mining ban lifted in Australia’s Queensland

Australia’s mineral-rich Queensland state reversed a decades-long ban on uranium mining on Monday, citing rekindled interest in the nuclear fuel after Canberra gave the go-ahead to exports to India.

Uranium has not been dug in Queensland since the 1982 closure of the major Mary Kathleen mine, while mining for it was outlawed by the state government in 1989.

22 Oct 2012 - 12:45pm

Green focus will see small gold mines shut down

Beijing is planning to order the mainland's smallest gold miners to shut down in an attempt to eliminate short-term, profit-focused operators that ignore the industry's new focus on environmental protection.

30 Nov 2011 - 12:00am

Four jailed over missing uranium

A Guangzhou court has ordered four people from Hunan to serve three to five years in jail for selling highly radioactive uranium ore that could be used in a nuclear bomb, a human rights group said yesterday.

12 Dec 2007 - 12:00am

Lo recruits CNEIC for uranium project

Century City International Holdings, controlled by Lo Yuk-sui, has attracted state-owned China Nuclear Energy Industry Corp (CNEIC) as a potential partner in its newly invested uranium project in Mongolia.

14 Aug 2007 - 12:00am

Beijing may open up uranium industry

Beijing is considering opening up the uranium exploration and mining sector, now controlled by the two state nuclear power groups, to other state-owned firms, according to government officials.

The move would speed up the development of domestic resources to meet rapidly growing demand from the nation's ambitious nuclear power expansion programme.

7 Jul 2007 - 12:00am