Top 5 Roundup: Prices are now so low that most uranium mines are losing money

Web version  |  Unsubscribe

It's the end of another big news week in mining, and at Mining Journal. Here (below) are the most read reports from the past week. Login now to access these features, or subscribe here from £37 to receive immediate access.     Top 5 Most Read of The Week   Prices are now so low that most uranium mines are losing money on every pound they sell at spot pricing Respected analyst Marin Katusa says he is making the uranium sector one of the biggest bets of his career, tipping a uranium price rise of 50%-100% within the next three years. Read more >>     Value for investors as gold mines run out Regular Mining Journal commentator and US Global Investors head Frank Holmes says there are opportunities for investors as the world is running out of gold mines. Read more >>     Acacia to make payment over time Acacia Mining (LN:ACA) will be permitted to make a US$300 million payment to Tanzania out of cash flows after the country lifts a ban on its metal exports, according to parent company Barrick Gold (CN:ABX). Read more >>     Sibanye-Stillwater axes 7,000 workers Sibanye-Stillwater (SJ:SGL) has slashed its workforce in South Africa, retrenching or offering voluntary redundancies to 3,375 people at its Cooke mine. Additionally, the miner said 3,601 contractors had been "displaced" by the operation's closure. Read more >>     Fight against illegal mining turns ugly The fight against illegal mining in the Amazon has taken an ugly turn with government agency buildings and vehicles set on fire, in retaliation for miners' barges being burnt. Read more >>     ResourceStocks Company Profile   Wellgreen positioned uniquely for market shift Wellgreen Platinum (CN:WG) has something rare: a large nickel-copper sulphide and PGM deposit in the south-west corner of Yukon, Canada, at a time when demand for such metals is forecast to grow on the back of battery demand and the electric vehicle market. Read more >>     LOGIN     You have received this email because you have subscribed to Mining Journal as [email address suppressed]. If you no longer wish to receive emails please unsubscribe . Copyright © 2000-2017 Aspermont Ltd. All rights reserved.

unsubscribe