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

David McHutchon | 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

David McHutchon | 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 ...