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    Uranium

    This Month

    Sandstone escarpment and bim (rock art) on Jabiluka’s mineral lease.

    ‘Arguable’ case over axing Jabiluka mine permit, judge says

    Energy Resources of Australia, leaseholder for the Jabiluka uranium mine, secured an 11th hour legal win just days before the permit was set to expire. 

    • Elouise Fowler
    Reserve Bank governor Michele Bullock.

    The RBA is not failing in its mission to keep inflation under control

    Readers’ letters on the Reserve Bank and interest rates; bans on uranium mining; the future of a republic; smoke and mirrors in Victoria; challenges for private health companies; and marvellous maggots.

    Madeleine King has been asked to explain why she refused to extend a mining lease at Jabiluka.

    Why Jabiluka going to court may not be the last twist

    When the answer is suing the government, you know there are problems. The almost-broke ERA has many.

    • Anthony Macdonald

    Kim Beazley is utterly wrong, says Paul Keating

    Former prime minister Paul Keating writes on WA’s risk from China; other writers on uranium mining in Jabiluka; Ismail Haniyeh’s death; lack of AUKUS transparency; and NSW eviction laws.

    July

    Rio boss dismisses Jabiluka uranium ‘extortion’

    Jakob Stausholm says precious cultural heritage at Jabiluka made it a no-go zone and advocates for a uranium mine were engaging in “extortion”

    • Peter Ker
    Advertisement
    Beware politicians looking to score points on mining decisions.

    When politics and miners mix, investors get hurt

    The last thing investors need in Australian mining is more shocks like the ban on uranium mining at Jabiluka. The industry is doing it hard enough.

    • Anthony Macdonald
    The Ranger uranium mine in the Northern Territory, owned by ERA, stopped mining in 2012. Now it is a big and costly clean-up job.

    States should drop ‘ridiculous’ uranium bans: Mundine

    Former ALP national president Warren Mundine says state government should end their bans on mining uranium, and the Mirrar people should be able to negotiate whether the practice remains at Jabiluka.

    • Updated
    • Staff
    The Ranger uranium mine in the Northern Territory, owned by ERA, stopped mining in 2021. Now it is a big and costly clean-up job and some shareholders were pushing the company to sell its Jabiluka lease to help pay for it.

    Boss Energy made $550m Jabiluka bid before PM’s mine veto

    ERA’s fractured share register opened the door to an opportunistic play for the highly controversial Jabiluka mineral lease.

    • Anthony Macdonald and Peter Ker
    .

    Albanese kills uranium mining at Jabiluka

    Anthony Albanese has ended a decades-old dispute over uranium mining in the NT by ending the mineral lease on Jabiluka and pledging to add the mine site to the Kakadu National Park.

    • Peter Ker and staff writers
    Rock art near Jabiluka is one reason why the Northern Territory has decided not to extend the lease.

    End of the road for Kakadu’s Jabiluka uranium lease

    The NT government has refused to extend a mining lease over the Jabiluka uranium deposit, cheering native titleholders but angering nuclear power advocates

    • Updated
    • Peter Ker

    These cheap mining stocks still offer opportunity for investors

    A drop in mining business valuations has opened a window of opportunity for investors looking to lock in cheap prices and potentially big dividends.

    • Tom Richardson

    June

    Uranium is back in favour.

    Uranium play Bannerman Energy launches $76m raise; hires three brokers

    JP Morgan, Jett Capital Advisors and Euroz Hartleys were mandated for the raise. 

    • Sarah Thompson, Kanika Sood and Emma Rapaport
    .

    ASX-listed uranium miner seeks to build $5.26 billion global giant

    Paladin Energy has pitched a takeover of Toronto-listed Fission Uranium to bring its proposed Canadian mine into production by 2029 to meet global demand. 

    • Elouise Fowler
    Fission has a market capital of around $C840 million ($921 million) and has already engaged Sprott as its defence adviser.

    Paladin Energy in M&A sweet spot, eyes on Fission Uranium

    Paladin Energy has an attractive target right in its backyard in the form of Fission Uranium.

    • Sarah Thompson, Kanika Sood and Emma Rapaport
    Putting nuclear back on the table in Canberra could have implications for ASX uranium explorers over the long term.

    Investors see uranium riches if Coalition’s nuclear plan takes off

    The country’s largest uranium developer could almost triple in value if Australia relaxed its restrictive position on the energy source, Morgan Stanley says.

    • Joshua Peach
    Advertisement
    .

    Uranium explorers powered by short supply, nuclear renaissance

    Seven ASX-listed explorers raised a total $323.22 million, a 50 per cent increase from the previous quarter.

    • Elouise Fowler
    .

    Uranium miner not deterred by Jabiluka lease portent

    An NT government ruling has raised traditional owners’ hopes that the Jabiluka mining lease will not be renewed, but mining company ERA hasn’t given up.

    • Peter Ker

    May

    The Google Cloud data centre in Germany relies on AI chips inside its servers to help provide co-piloting programs to humans.

    Nuclear, data centres are in a sweet spot for investors

    Analysts are scouring sharemarkets for ways to profit from the rush of money into the data centres that will support the rise of AI.

    • Tom Richardson
    The Ranger uranium mine in the Northern Territory, owned by ERA, stopped mining in 2012. Now it is a big and costly clean-up job.

    A Takeovers Panel application before a deal? It’s a jolt for Rio

    You can bet Rio Tinto doesn’t like being pushed around by some pipsqueak fund managers, but there’s a lot riding on this bombshell move.

    • Anthony Macdonald
    Exchange-traded funds continue to be popular with investors seeking a cheap way to diversify their portfolios.

    Australian ETF winners had returns as high as 153pc

    US megacap tech stocks and cryptocurrencies proved profitable investments in the last year, according to the latest top-performing ETF data – alongside some other surprise standouts.

    • Joshua Peach