Uranium
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Nuclear and Uranium Glossary
 
 
 
 
Facts (Source: World Nuclear Association)
Uranium is a naturally-occurring element in the Earth's crust. Traces of it occur almost everywhere, although mining takes place in locations where it is naturally concentrated. To make nuclear fuel from the uranium ore requires first for the uranium to be extracted from the rock in which it is found, then enriched in the uranium-235 isotope, before being made into pellets that are loaded into the nuclear fuel assembly.
Uranium mines operate in some twenty countries, though about half of world production comes from just ten mines in six countries, in Canada, Australia, Niger, Kazakhstan, Russia and Namibia.
At conventional mines, the ore goes through a mill where it is first crushed. It is then ground in water to produce a slurry of fine ore particles suspended in the water. The slurry is leached with sulphuric acid to dissolve the uranium oxides, leaving the remaining rock and other minerals undissolved, as mine tailings.
However, nearly half the world's mines now use a mining method called in situ leaching (ISL). This means that the mining is accomplished without any major ground disturbance. Groundwater with a lot of oxygen injected into it is circulated through the uranium ore, extracting the uranium. The solution with dissolved uranium is pumped to the surface.
Both mining methods produce a liquid with uranium dissolved in it. This is filtered and the uranium then separated by ion exchange, precipitated from the solution, filtered and dried to produce a uranium oxide concentrate (U3O8), which is then sealed in drums. This concentrate may be a bright yellow colour, hence known as 'yellowcake', or if dried at high temperatures it is khaki.
 
Uranium Mining Company Search

 
Uranium Mining Area Play

News and Editorials

Nov 24 PTX Metals Inc. (TSXV: PTX) : Green Canada Corporation Announces Proposed Going Public Transaction and Concurrent Acquisition of Marshall Uranium Project from Basin Energy Limited News

Nov 24 Bayridge Resources (CSE: BYRG) (OTCQB: BYRRF) (FSE: O0K0) Signs Definitive Agreement on Baker Lake Uranium Project in Nunavut News

Nov 20 Skyharbour (TSXV: SYH) (OTCQX: SYHBF) (Frankfurt: SC1P) Engages Emerging Markets Consulting LLC for Marketing Contract News

Nov 19 Blue Sky Uranium (TSXV: BSK) (FSE: MAL2) Announces Closing of $3.5 Million Brokered LIFE Private Placement News

Nov 19 Azincourt Energy (TSXV: AAZ) (OTCQB: AZURF) Advances Drill Program at Snegamook Uranium Deposit and Greater Harrier Uranium Project News

Nov 18 District (TSXV: DMX) (Nasdaq First North: DMXSE SDB) (OTCQX: DMXCF) (FSE: DFPP) Uncovers High Priority Targets from Airborne MobileMT Survey at the Tasjo Alum Shale Property in Sweden News

Nov 17 First American Uranium Inc. (CSE: NIOB) (FSE: IOR) (OTCQB: NIOMF) Announces Effective Date for Name Change News

Nov 17 Vanguard Mining Corp. (CSE: UUU) (OTC: UUUFF) (Frankfurt: SL51) Closes Acquisition of Nucleon Uranium Ltd. News

Nov 17 Denison (TSX: DML) (NYSE American: DNN) Announces Agreements with Skyharbour Resources (TSXV: SYH) (OTCQX: SYHBF) (Frankfurt: SC1P) Increasing Denison's Strategic Foothold Surrounding Wheeler River News

Nov 17 Foremost Clean Energy (NASDAQ: FMST) (CSE: FAT) Successfully Completes 2,695 m Drill Program at its Murphy Lake South Uranium Property News

Nov 16 Skyharbour (TSXV: SYH) (OTCQX: SYHBF) (Frankfurt: SC1P) Consolidates 100% Interest in the Russell Lake Uranium Project News

Nov 14 Cosa (TSXV: COSA) (OTCQB: COSAF) (FSE: SSKU) Announces Upsized C$7.5 Million Private Placement News

Nov 14 Stearman Resources (CSE: STMN) Announces First Tranche Closing of Non-Brokered Private Placement News

Nov 13 Myriad Uranium (CSE: M) (FSE: C3Q) Announces Closing of C$8.6 Million Bought Deal LIFE Private Placement News

Nov 13 Generation Uranium (TSXV:GEN) (OTCQB: GENRF) Announces Appointment of Michael Collins as Chief Executive Officer News

Nov 13 American Atomics (CSE: NUKE) (FWB: Q3B) Partner DISA Technologies Receives First of Its Kind NRC License News

Nov 13 Gamma Resources (TSXV: GAMA) (OTCPK: MLLOF) (FRA: MRDN) Commences Work Programs at U.S. Uranium Projects in Utah and New Mexico News

Nov 13 Cosa (TSXV: COSA) (OTCQB: COSAF) (FSE: SSKU) Announces C$5 Million Private Placement, Including Participation by Denison Mines News

Nov 13 Anfield Energy’s (TSXV: AEC) (NASDAQ: AEC) (FRANKFURT: 0AD) Milestone Purchase: First Major Underground Haul Truck Acquisition News

Nov 12 Terra Clean (CSE: TCEC) (OTCQB: TCEFF) (FSE: C9O0) Closes the Acquisition of the Past Producing Uranium Claims in San Rafael Swell, Utah, United States News

Nov 12 Nexus Uranium (CSE: NEXU) (OTCQB: GIDMD) (FSE: 3H1) Applauds U.S. Govt's Designation of Uranium as a Critical Mineral News

Nov 12 Stallion Uranium (TSXV: STUD) (OTCQB: STLNF) (FSE: FE0) Closes Technology Data Acquisition Transaction & Engages Marketing Services News
More>>

The largest-producing uranium mines in 2022
Name Country tU
Cigar LakeCanada6928
HusabNamibia3358
Inkai 1-3Kazakhstan3201
Olympic DamAustralia2813
KaratauKazakhstan2560
RössingNamibia2255
SOMAIRNiger2020
Four MileAustralia1740
Central MynkudukKazakhstan1650
South Inkai 4Kazakhstan1600
Source: World Nuclear Association

Feature Presentation
The Athabasca Basin in Northern Saskatchewan hosts the world's largest and highest grade uranium deposits accounting for 1/3 of the global uranium supply, a figure which is expected to increase significantly by the end of the decade. The Basin has witnessed a rush in claim staking activity since 2004 due to the rise in the price of uranium to about US$40/lb (March 13, 2006). At present, there are more than 30 companies exploring for uranium in the Basin.
Full coverage of the Athabasca Basin

Uranium Industry Overview (Mar - May 2021)

Sprott Commentary
Investors Act with Conviction:
Oct 6, 2025
Uranium prices and miners surged in September, fueled by tight supply and strong utility demand. The rally drew renewed investor interest, with capital flows into uranium equities and ETFs reinforcing confidence in the sector’s momentum. ...
More>>

Uranium News Scan
Source: Mining.com
November 24, 2025
US EXIM to invest $100B in critical minerals and energy, says chair

November 19, 2025
Anfield seeks approval to restart Colorado uranium-vanadium mine

November 18, 2025
Column: China deal buys US time to build critical minerals supply chain

November 17, 2025
Skyharbour, Denison Mines forge $43M strategic partnership in Athabasca

November 12, 2025
Eagle Energy reports positive metallurgical results for Aurora uranium project

November 12, 2025
Iran's missing uranium stockpile is growing concern at UN nuclear watchdog

November 12, 2025
Interactive: Global Uranium Demand

November 12, 2025
Nuclear to get lion's share of US loans: official

November 11, 2025
China's critical minerals curb has billion-dollar impact on US GDP: Macquarie

November 7, 2025
Trump sons back ASPI uranium unit in convertible note sale


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