Posts Tagged ‘Kazakhstan’

Uranium stocks surge on mine shutdown

November 1st, 2009

Andy Hoffman
Globe and Mail Update
Shares of uranium producers are surging higher on reports one of the world’s largest uranium mines has been temporarily shut down.
Industry giant Cameco Corp. CCO-T of Saskatoon, enjoyed gains of as much as 9.3 per cent on the Toronto Stock Exchange after Australian press reports said BHP Billiton Ltd. BHP-N [...]

KazMunayGas, ConocoPhillips and Mubadala Announce Signing of Project Agreements for Exploration and Development of N Block, Offshore Kazakhstan

June 11th, 2009

ConocoPhillips (NYSE: COP - News), JSC National Company KazMunayGas (KMG) and Mubadala Development Company PJSC (Mubadala) today announced that they have signed project agreements allowing the joint exploration and development of the Nursultan Block (N Block) located in offshore Kazakhstan.
KMG as majority owner will hold a 51 percent interest in the subsoil use contract and [...]

Uranium One declines on Monday

June 2nd, 2009

TORONTO (miningweekly.com) – Shares in uranium-miner Uranium One started the week off on a sour note, falling 4,09% in Toronto, where most of the company’s stock is traded, and 11,2% on the JSE.
Shares in the company dropped almost 40% in Toronto on May 27, after reports out of Kazakhstan that the head of State uranium [...]

China closing energy deals while oil is cheap

May 30th, 2009

By MICHAEL RICHARDSON
SINGAPORE — Cash-rich China is using a period of relatively low oil prices to improve its energy security and ensure that its economy has the oil-based fuels needed to sustain growth when recovery from the slump takes hold.
Should Japan, which is currently far more reliant on imported oil than China, adopt a similar [...]

Australia, China Firms Strike Coal Deal

May 27th, 2009

SYDNEY – Under a plan to supply China with Australian coal, Waratah Coal Pty Ltd. said it has won the financial backing of Metallurgical Corporation of China Ltd., or MCC, for its planned US$5.15 billion thermal coal project in Queensland state.
The plan has several hoops to jump through before the first cargo leaves port, but [...]

Japan, Russia Sign Nuclear Supply, Technology Pact

May 12th, 2009

TOKYO (AFP)–Japan and Russia have signed a nuclear energy pact that will pave the way for contracts worth billions of dollars, the head of Russia’s state nuclear agency said Tuesday.
The accord, which was inked during Russian Prime Minister Vladimir Putin’s visit to Tokyo, will allow for the transfer of Japanese technology to Russia and the [...]

KAZAKHSTAN TO SUPPLY URANIUM TO INDIA

May 12th, 2009

Kazakhstan, one of the largest producers of uranium, will soon give India more than 2500 tons of uranium as an agreement in this regard is set to be signed between the two sides by the month-end, reports say.
Kazakh Ambassador Kairat Umarov said in New Delhi that Kazatomprom is holding talks with Nuclear Power Corporation of [...]

Japan, Russia Sign Nuclear Supply, Technology Pact

May 12th, 2009

TOKYO (AFP)–Japan and Russia have signed a nuclear energy pact that will pave the way for contracts worth billions of dollars, the head of Russia’s state nuclear agency said Tuesday.
The accord, which was inked during Russian Prime Minister Vladimir Putin’s visit to Tokyo, will allow for the transfer of Japanese technology to Russia and the [...]

Russia to supply uranium to India

February 8th, 2009

Russia will become the first supplier of nuclear fuel to India since a club of uranium producers lifted a three-decade ban on sales to the south Asian country.
A unit of Rosatom Corporation, Russia’s holding company for all nuclear assets, will sign a contract with Indian atomic energy monopoly Nuclear Power Corporation on February 11 in [...]

India says no private sector in nuclear power industry

January 19th, 2009

New Delhi, Jan 19 : Hailing India as an ‘El Dorado’ for nuclear business, the government Monday ruled out the participation of the private sector in the country’s burgeoning civil nuclear industry for at least five years.
Announcing an ambitious plan to expand atomic power generation to 50,000 MW by 2040, the government also underlined that [...]