Russia and Iran to revamp Fordow nuclear facility

MINEX Forum | February 12, 2018
img0 Reference image. On the left is the spokesman of the Iranian MFA, Bahram Qasemi. On the right is Russia’s Ambassador to Iran, Levan Dzhagaryan. Photo from the Russian Embassy in Iran’s Twitter. Russia’s Ambassador to Iran, Levan Dzhagaryan, announced Sunday that his government offered some support so that the Middle Eastern country revamps the Fordow ...

Russia says discussing road map for usage of PGMs with South Africa

MINEX Forum | February 12, 2018
img0 Russian Natural Resources Minister Sergei Donskoi (Image courtesy of Shutterstock) MOSCOW, Feb 9 (Reuters) – Russia and South Africa are discussing a road map for the usage of platinum group metals (PGMs), Russian Natural Resources Minister Sergei Donskoi said in a statement on Friday. Donskoi discussed the need for more active cooperation in the usage ...

Cameco’s profit beat estimates on improved uranium prices, cost-cutting drive

MINEX Forum | February 12, 2018
img0 The last of 845 employees facing a 10-month layoff at two uranium operations in northern Saskatchewan worked their last shift the weekend of Feb. 2nd. (Image: McArthur River mine Courtesy of Cameco.)  Canada’s top uranium producer Cameco (TSX:CCO) (NYSE:CCJ) injected some optimism in the depressed yellow powder market by posting a better-than-expected quarterly profit, on the ...