Commodity-TV

The whole world of commodities in one App!

Watch Management & Expert Interviews, Site-Visit-Videos, News Shows and receive top and up to date Mining Information on your mobile device worldwide!

Download our unique App for free!
Commodity-TV Play Store
Commodity-TV App Store
Commodity-TV

Social Media


The largest uranium mines

In 2019, 53,656 tons of uranium were produced worldwide. Most of the uranium came from Kazakhstan, followed by Canada and Australia.

Receive up-to-date information about the company directly via push notification

Kazakhstan produced a good 22,800 tons of uranium last year. About two thirds of global uranium production comes from Kazakhstan (42 percent), Canada (13 percent) and Australia (12 percent).

The world's largest uranium mines are partly located in other countries. According to the World Nuclear Association, the Cigar Lake Uranium Mine in northern Saskatchewan is the mine with the largest production, almost 7,000 tons of uranium in 2019, with an average grade of 14.69 percent U308. This is the highest grade of uranium found in uranium mines.

In Saskatchewan, for example, IsoEnergy - https://www.youtube.com/watch?v=vJ8md8fk2DU&list=PLBpDlKjdv3yrkK3cJs5qwI5rEMJluX1nj&index=1&t=28s - is also located in the Athabasca Basin with several uranium projects. Recent drilling has returned an average of 6.9 percent uranium and 49.3 percent uranium over 1.5 metres.

Namibia is home to the second largest uranium mine, the Husab uranium mine, operated by Swakop Uranium, a partnership between China and Namibia. Last year it produced about 3,400 tons of uranium. This is followed in terms of size by BHP Billiton's Olympic Dam property in Australia, and then Moinjum and Tortkuduk in Kazakhstan. The operators are Orano and Kazatomprom.

The next uranium mine is the Inkai mine, also in Kazakhstan and operated by Kazatomprom. According to this company, due to the Covid 19 pandemic, the expected production level for 2020 is expected to decrease by an estimated 20 percent.

So, there are very large and also strongly uranium containing properties in the world. Uranium mines in countries that rely heavily on their own uranium production, such as the USA, are also a plus. There the dependence on uranium imports should be reduced.

This development should prove positive for Uranium Energy - https://www.youtube.com/watch?v=LHMoUHn5UI8&list=PLBpDlKjdv3yrqMRq5MAmZ92hhtt_FCXto&index=3&t=3s - for example. This company already has approved uranium projects in the USA.

Current company information and press releases from IsoEnergy (www.resource-capital.ch/en/companies/iso-energy-ltd/) and Uranium Energy (www.resource-capital.ch/en/companies/uranium-energy-corp/).

 

In accordance with §34 WpHG I would like to point out that partners, authors and employees may hold shares in the respective companies addressed and thus a possible conflict of interest exists. No guarantee for the translation into English. Only the German version of this news is valid.

Disclaimer: The information provided does not represent any form of recommendation or advice. Express reference is made to the risks in securities trading. No liability can be accepted for any damage arising from the use of this blog. I would like to point out that shares and especially warrant investments are always associated with risk. The total loss of the invested capital cannot be excluded. All information and sources are carefully researched. However, no guarantee is given for the correctness of all contents. Despite the greatest care, I expressly reserve the right to make errors, especially with regard to figures and prices. The information contained herein is taken from sources believed to be reliable, but in no way claims to be accurate or complete. Due to court decisions, the contents of linked external sites are also co-responsible (e.g. Landgericht Hamburg, in the decision of 12.05.1998 - 312 O 85/98), as long as there is no explicit dissociation from them. Despite careful control of the content, I do not assume liability for the content of linked external pages. The respective operators are exclusively responsible for their content. The disclaimer of Swiss Resource Capital AG also
applies: https://www.resource-capital.ch/en/disclaimer/

Always up to date with the newsletter from SRC

Swiss Resource Capital AG will use the information you provide in this form to keep in touch with you and to provide you with updates and marketing information. To receive our news, you still have to give us permission to send you E-Mails below.

You can change your mind at any time by clicking on the Unsubscribe link, which you can find in the footer of every email you receive from us, or by contacting us at [email protected] We will treat your information with care and respect. For more information about our privacy practices, visit our website. By clicking below, you agree that we may process your information in accordance with these Terms.

We use Mailchimp as our marketing platform. By clicking below to subscribe, you acknowledge that your information will be transferred to Mailchimp for processing. Learn more about Mailchimp's privacy practices here.

* indicates required
SRC Mining & Special Situations ZertifikatSRC Mining & Special Situations Zertifikat

Always up to date with the newsletter from SRC

Swiss Resource Capital AG will use the information you provide in this form to keep in touch with you and to provide you with updates and marketing information. To receive our news, you still have to give us permission to send you E-Mails below.

You can change your mind at any time by clicking on the Unsubscribe link, which you can find in the footer of every email you receive from us, or by contacting us at [email protected] We will treat your information with care and respect. For more information about our privacy practices, visit our website. By clicking below, you agree that we may process your information in accordance with these Terms.

We use Mailchimp as our marketing platform. By clicking below to subscribe, you acknowledge that your information will be transferred to Mailchimp for processing. Learn more about Mailchimp's privacy practices here.

* indicates required