TSX-listed Global Atomic is on the verge of securing financing for the development of the Dasa uranium project in Niger. Among the approaches is a proposed $295-million debt financing led by a US development bank that is progressing towards approval. In addition to debt financing, Global Atomic has received multiple offers for pre-payments on uranium...

British prosecutors investigating former Glencore employees over bribery allegations said they plan to bring long-awaited criminal charges. More than 18 months after first revealing that as many as 11 ex-staffers were under investigation, the Serious Fraud Office told a London judge on Monday that it had sought government approval to charge individuals....

The Democratic Republic of Congo’s state miner said it will need to approve any acquisition of cobalt producer Chemaf Resources if the new owner wants to take over a key mining permit. Chemaf put itself up for sale in September and, although it said in March the process was in its “final stage,” a winning bid is yet to be announced. The Trafigura...

Orano could lose the right to mine uranium at one of the largest deposits in the world by June 19 after Niger rejected the French nuclear company’s plan for developing the asset. The move comes as Russia’s seeks to take over mining assets in the West African country controlled by the French company, Bloomberg reported on June 3. Niger’s Paris-allied...

Mining Weekly editor Martin Creamer discusses Copper 360 being on the road to produce quite a bit of cash by financial year end; why the Reserve Bank concern about the decline of public markets is a welcome development; and the 15-year TotalEnergies and Air Products deal.  

Having recently confirmed a decoupling of its just energy transition strategy from the decommissioning of its coal-fired power stations, Eskom is aiming to finalise business cases for a pipeline of renewable energy and battery storage projects, some of which could be deployed in close proximity to its existing coal stations. CEO Dan Marokane reports...