Tag Archives: uranium

CR Powered by Epiroc plants roots in Saudi Arabia with Rasi Investment Co partnership

Equipment maintenance, Mining equipment, Mining services, , , , , , , ,

CR Powered by Epiroc says it has solidified its presence in the rapidly growing mining sector of the Middle East by signing a dealership agreement with Rasi Investment Co., a prominent investment firm in Saudi Arabia involved in mining, contracting, real estate, IT and trading.

This strategic partnership, facilitated by Austrade, represents a significant advancement for CR Powered by Epiroc in meeting the increasing demands of Saudi Arabia’s dynamic mining industry, it says.

Eng Meshary Al-Ali, Chairman of Rasi Investment Co, stated: “Partnering with CR Powered by Epiroc, the leading supplier of ground engagement tools (GET) and digital solutions, enables our mining operators in the Kingdom to source application-appropriate tools while considering engineering, manufacturing, and supply chain variables. This collaboration will help reduce downtime and increase productivity by at least 5%.”

As Saudi Arabia ramps up its adoption of advanced mining technologies, the heavy equipment market is projected to exceed $4 billion. The Kingdom is actively seeking to tap into its untapped mineral reserves, which have surged from a 2016 estimate of $1.3 trillion to $2.5 trillion, according to Minister of Industry and Mineral Resources, Bandar Al Khorayef. These reserves include essential resources such as copper, gold, phosphates, zinc, and uranium, underscoring the need for cutting-edge mining equipment and digital solutions.

In alignment with Saudi Vision 2030, the country’s comprehensive roadmap for economic development and diversification, the mining sector has been identified as the third pillar of the Kingdom’s economy, alongside petroleum and petrochemicals. By 2030, the sector is expected to contribute 240 billion Saudi riyals ($64 billion) to the GDP, marking a fourfold increase from 2015 levels.

Chairman Eng. Meshary, also the CEO of Golden Compass, one of the leading mining service companies in Saudi Arabia, emphasised the importance of this alliance: “By choosing a trusted partner like CR Powered by Epiroc, we are establishing a robust alliance that will ensure our products perform at their peak in the Kingdom, leveraging GET and digital solutions to generate valuable data that underpins new insights and enhances mining operations.”

Paul Scutt, CEO of CR Powered by Epiroc, added: “We are excited to announce this partnership with Rasi Investment Co as our authorised dealer in Saudi Arabia. This agreement is a critical milestone for CR Power by Epiroc as we expand into key regions vital to the future of mining in the Middle East and globally. Rasi Investment Co’s extensive local market knowledge, combined with our cutting-edge technology, will allow us to deliver exceptional value to our customers. We look forward to a successful collaboration that drives innovation and efficiency in the global mining industry.”

Miguel Guimaraes, Head of East Australasia and India of CR Powered by Epiroc, added, “This alliance with Rasi Investment Co establishes a strong footprint in the Kingdom with a trusted local partner well-established in the mining sector. Our proactive collaboration is a step forward toward realising Saudi Vision 2030, supporting local industrial development, creating jobs, boosting productivity in mining projects and reinforcing the mining sector’s role as the economy’s third pillar.”

David Shao, Global Engagement Manager at Austrade, highlighted the international reputation of Australia’s METS sector, saying: “Saudi Arabia is an important trading partner for Australia. Two-way goods and services trade totaled $2.7 billion in 2023. As the mining sector in Saudi Arabia evolves, there are opportunities for enhanced safety and productivity through closer economic ties with Australia, a recognised leader in the METS sector.”

Fleet Space’s ExoSphere tech on the search for subsurface exploration targets in Canada’s Athabasca Basin

Energy minerals, Mineral exploration, Mining services, , , , , ,

Through an expanded deployment of Fleet Space’s end-to-end mineral exploration solution, ExoSphere, IsoEnergy completed surveys of highly prospective and minimally explored areas at its Larocque East project near the  Hurricane uranium deposit in Canada’s Athabasca Basin, the technology company says.

The real-time 3D subsurface imaging capabilities of ExoSphere identified six new high-priority targets on strike with the Hurricane deposit east of the project. IsoEnergy’s summer exploration program focused on drilling targets defined by ExoSphere in 2023, which confirmed an extension of a hydrothermal system on strike with Hurricane as well as alteration and structural disruption consistent with potential uranium mineralisation. These new findings have led IsoEnergy to prioritise the new targets identified by ExoSphere as part of their ongoing summer program and accelerate exploration of the site.

“ExoSphere’s proprietary end-to-end technology stack – combining powerful advances in space technology, 3D multiphysics, and AI – is driving a paradigm shift in the global exploration landscape,” Flavia Tata Nardini, CEO & Co-Founder of Fleet Space, says. “The cross-scale insights and enhanced targeting enabled by ExoSphere’s real-time 3D imaging have redefined the untapped potential of Canada’s Athabasca Basin, enabling IsoEnergy to deploy resources toward opportunities faster while minimising environmental impact. We are excited to partner with exploration leaders in the Athabasca Basin to streamline their exploration journey with next-level insights and precision needed to rapidly narrow the search space and realise the potential of Canada’s premiere uranium-producing region.”

Home to the highest-grade and largest uranium mines, such as McArthur River and Cigar Lake, the Athabasca Basin in Canada’s Northern Saskatchewan provides nearly 20% of the world’s supply of uranium. Only 40 km away from the McClean Lake Mill, IsoEnergy’s Larocque East property is within the Hurricane Zone, which contains the world’s largest indicated uranium mineral resource. IsoEnergy has positioned itself to be a near-term uranium producer, progressing its exploration under the harsh conditions, rugged terrain, seasonality and remote location of its project in the Athabasca Basin with highly scalable and rapidly deployable exploration techniques to drive results in line with Canada’s regulatory framework and ESG objectives. This led IsoEnergy to use the real-time 3D imaging of ExoSphere at the Larocque East project to enhance their geological understanding of the area and determine potential targets.

Dr Darryl Clark, Executive Vice President of Exploration and Development at IsoEnergy, says: “ExoSphere’s real-time imaging and targeting capabilities have been critical technologies during our Winter and Summer exploration programs. Drilling results from the initial targets generated by ExoSphere confirmed strong hydrothermal alteration and potential uranium mineralisation – validating the potential of ExoSphere to significantly enhance targeting and reduce time to discovery at scale. The predictive and real-time capabilities enabled by ExoSphere have played a vital role in helping us accelerate our exploration program by identifying targets faster and more sustainably, underscoring the residual prospectivity and untapped potential at the Larocque East project.”

ExoSphere’s deployments in the Athabasca Basin with IsoEnergy builds on the rapid global adoption for Fleet Space’s solution among top exploration companies around the world. Barrick Gold recently used ExoSphere across 1,150 sq.km of its Reko Diq project in Pakistan to generate 3D subsurface maps of copper porphyry complexes for multiple zones of interest. Encompassing over 1,818 sq.km of projects in Australia’s premiere copper province, Fleet Space also conducted the world’s largest real-time ambient noise tomography survey across Inflection Resources’ tenements in the Macquarie Arc. Fleet Space also helped identify multiple previously unknown large-scale targets for Eagle Mountain at its Silver Mountain project in Arizona within the Laramide Arc.

Harnessing Fleet Space’s satellite constellation, smart seismic sensors and AI engine, ExoSphere integrates data acquisition, processing, interpretation, and targeting into a single end-to-end solution. By delivering real-time 3D imaging and AI-enhanced targeting insights, ExoSphere optimises the speed and precision of data-driven decision making, unlocking more efficient and sustainable outcomes across the exploration lifecycle, the company says.

Rio Tinto takes over Ranger uranium mine rehabilitation plan

Environmental, Mining services, Sustainable mining, Water management, , , , , , , , ,

Rio Tinto says it will manage the Ranger Rehabilitation Project in Australia’s Northern Territory on behalf of Energy Resources of Australia Ltd (ERA), under a new Management Services Agreement (MSA) signed today.

The MSA will build on ERA’s existing rehabilitation work with Rio Tinto’s technical expertise in designing, scoping and executing closure projects. Transition to Rio Tinto management of the project will start immediately and is expected to take about three months.

The agreement follows an approach to Rio Tinto from ERA’s Independent Board Committee (IBC) to submit a proposal to provide services and advice to progress the project. Rio Tinto owns 86.3% of ERA’s shares.

Under the MSA, Rio Tinto and ERA aim to complete the Ranger Rehabilitation Project in the safest and most efficient way, and to a standard that will establish an environment similar to the adjacent Kakadu National Park and that is consistent with the wishes of the Traditional Owners of the land, the Mirarr people, it said.

Rio Tinto Chief Executive, Australia, Kellie Parker, said: “With the signing of this agreement, we are pleased to be able to directly provide more closure and project delivery experience and know-how to this critical task. So far, ERA has made progress in key areas, including water, tailings treatment and management and pit rehabilitation.

“We are aligned with ERA in wanting to build on this work using Rio Tinto’s expertise in closure projects and our commitment to strong stakeholder relationships. We look forward to working in partnership with the Mirarr Traditional Owners and other stakeholders to complete the project.”

ERA CEO, Brad Welsh, said: “The ERA team has worked incredibly hard and made good progress rehabilitating Ranger. However, as the project moves into a new phase it will benefit from Rio Tinto’s global expertise in mine closure.

“We look forward to working with and supporting Rio Tinto on the safe and efficient delivery of this important project.”

Rio Tinto plans to build on the expertise and relationships existing within the ERA team to finalise required studies and execute the necessary rehabilitation activities, it said. Management of ERA matters outside the Ranger Rehabilitation Project, including corporate matters, financial affairs, assets and governance will remain the responsibility of ERA.

DenisonMines-core

Wood Canada to carry out detailed design engineering for Phoenix ISR uranium deposit

Energy minerals, Mineral project development, Mining services, , , , , ,

Denison Mines Corp has selected Wood Canada to complete the detailed design engineering for the in-situ recovery (ISR) mining project planned for Denison’s flagship Phoenix uranium deposit in the Athabasca Basin of Saskatchewan, Canada.

Part of the global consulting and engineering firm Wood PLC, Wood Canada previously completed an NI 43-101 feasibility study in 2023 to evaluate the use of the ISR mining method at Phoenix.

Phoenix and the nearby Gryphon uranium deposit are part of the Wheeler River uranium project, which is the largest undeveloped uranium mining project in the infrastructure-rich eastern portion of the Athabasca Basin region in northern Saskatchewan, Canada, according to Denison. Denison has an effective 95% ownership interest in Wheeler River and is the project operator.

The results of the Phoenix feasibility study reflected several years of technical de-risking efforts successfully completed by Denison and demonstrated a base-case after-tax (adjusted) economics – including a net present value of C$1.56 billion ($1.16 billion, 100% basis) and an internal rate of return of 90% assuming uranium selling prices in the range of $66.53-$70.11/Ib U3O8.

Following completion of this study, Denison’s Board of Directors approved the continuation of efforts to advance Phoenix towards a final investment decision and, in late 2023, the Management Committee of the Wheeler River joint venture approved a budget for the applicable 2024 expenditures. Detailed engineering design constitutes a significant portion of the work remaining to advance Phoenix to the point where a decision can be made to proceed to construction and, ultimately, production.

Kevin Himbeault, Denison’s Vice President of Operations, said: “In recognition of Wood’s performance leading the Phoenix feasibility study, competitive pricing and alignment with our bid evaluation process, we are pleased to announce the award of a detailed design engineering contract to Wood. Maintaining continuity through completion of the Phoenix feasibility study, front-end engineering design and detailed design allows us to build on our combined knowledge and working relationship to deliver an engineering package that will ultimately support the construction and operation of the first ISR uranium mining operation in the Athabasca Basin.”

The scope of the facilities to be designed by Wood under this contract includes (i) site civil earthworks and distribution of utility piping throughout the main project site, (ii) electrical power distribution on site, (iii) surface piping and services for the mine wellfield, (iv) the process plant and related infrastructure, (v) operations complex, (vi) maintenance and related buildings, (vii) metallurgical and analytical laboratories and (viii) site-wide communications systems.

Based on the currently anticipated scopes of work, the detailed design engineering contract with Wood is estimated to be up to approximately C$16 million in value, with the scope of work planned to commence in Q1’2024 and to potentially continue into H1’2025.

Hatch engaged to take NexGen’s Rook I uranium project forward to FEED stage

Energy minerals, Mineral project development, Mining services, , , , ,

NexGen Energy has awarded the engineering, procurement, and construction management (EPCM) contract for the front-end engineering design (FEED) stage of the Rook I uranium project in Saskatchewan, Canada, to Hatch, with work well underway.

Hatch, NexGen says, is a leader in project management and engineering and has extensive experience delivering mining projects in Saskatchewan and across Canada.

The awarding of the EPCM contract comes at the conclusion of a tender process involving multiple globally recognised industry firms, according to NexGen. Integrating fully into the owner’s team, Hatch is responsible for providing NexGen with engineering, procurement and execution planning services, along with supporting overall project management.

Following the completion of the Rook I feasibility study in February, NexGen is transitioning into the next stage of advanced project development with the commencement of the FEED stage. This feasibility study outlined a 1,300 t/d operation processing an average feed grade of 2.37% U3O8 and average uranium oxide production of 21.7 MIb/y over the life of mine of 10.7 years from the Arrow deposit.

In line with the optimised project execution strategy, the FEED stage will advance overall engineering to a 40-45% level of completion with associated cost estimate, fully define long-lead procurement actions, and further refine execution planning to prepare the project for the pending construction stage, NexGen said. This FEED stage is scheduled for completion in the September quarter of 2022 and will be undertaken concurrently with the engagement, Environmental Assessment and Licensing workstreams.

The 2021 site investigation program is advancing safely and is planned as a pre-cursor for FEED. Surface investigation field work is now complete, which consisted of test pits and sonic boreholes in locations of planned infrastructure. The collection of confirmational geological, geotechnical and hydrogeologic characterisation data is nearing completion, and early analysis of this data has validated the current designs established in the feasibility study and confirms the understanding of the rock mass proximal to the underground infrastructure and underground tailings management facility, according to NexGen.

Leigh Curyer, Chief Executive Officer, said: “Advancing into the FEED stage of development is another exciting milestone for the company, and we’re pleased to welcome Hatch to NexGen’s growing high performance team in advancing the Rook I project towards the start of construction. Hatch’s exemplary reputation in the global mining sector and deep understanding of value-driven project delivery aligns perfectly with NexGen’s commitment to elite standards and is a key step in the development of this leading global resource project. In parallel, the drafting of the project’s Environmental Impact Study and licensing workstreams nearing completion, together with regional exploration targeting new zones of potential ‘Arrow-type’ mineralisation, further exemplifies the NexGen team’s commitment to the successful execution of multiple workstreams.”

Orano and Denison eye uranium mining method alternative with use of SABRE

Energy minerals, Mining services, Mining techniques, Sustainable mining, , , , , , , ,

Orano Canada Inc and Denison Mines Corp, the partners in the McClean Lake Joint Venture (MLJV), have reported the successful completion of a five-year test mining program deploying the patented Surface Access Borehole Resource Extraction (SABRE) mining method on the McClean Lake property in the Athabasca Basin of Canada.

The final stage of a five-year field test was completed from May to September 2021 with four mining cavities successfully excavated to produce approximately 1,500 t of high-value ore ranging in grade from 4-11% U3O8. The program was concluded with no safety, environmental or radiological incidents and confirmed the ability to achieve key operating objectives associated with the test program – including targets for cavity diameter, rates of recovery, and mine production rates, the companies said.

Most of the ore recovered from the test mining program has now been transferred to the McClean Lake mill and is expected to be processed for the MLJV by the end of the year.

SABRE is a non-entry, surface-based mining method that uses a high-pressure water jet placed at the bottom of a drill hole to excavate a mining cavity. The cuttings from the excavation process are then air lifted to surface, separated and stockpiled. SABRE is viewed as a method that could potentially allow for the economic access to relatively small high-grade orebodies in the Athabasca Basin that are either too small or too deep to be mined economically by open-pit and/or underground mining methods.

This test represents an important milestone for the SABRE technology, they said.

Based on the success of the 2021 program, the partners plan to evaluate the potential use of this innovative method for future mining operations at their jointly-owned McClean Lake and Midwest properties. The MLJV is owned by Orano Canada (77.5% and operator) and Denison (22.5%). The Midwest joint venture is owned by Orano Canada (74.83% and operator) and Denison (25.17%).

David Cates, Denison’s President & CEO, said: “With this test result, SABRE has demonstrated that it is capable of mining high-grade uranium ore in the Athabasca Basin region. Orano, as operator of the MLJV, has diligently advanced the necessary R&D efforts as part of a long-term vision for developing a mining method that could benefit our joint venture. We are appreciative of Orano’s efforts to ensure the safe and successful development of this patented technology and look forward to jointly exploring its potential applications in the context of improving uranium markets.”

SABRE, the companies say, is unique in that the mining method can be selective and scalable, which has the potential to provide superior flexibility when compared to conventional mining methods and is, thus, ideally suited to ever changing uranium market conditions – coming with a potentially short production ramp up of months instead of years.

“The SABRE method is considered environmentally friendly as a result of its less intrusive nature and potentially smaller surface footprint when compared to conventional open pit or underground mining methods,” they added. “Reduced water usage and power consumption also contribute to potential reductions in greenhouse gas emissions and improved sustainability. Additionally, as a non-entry mining method, radiological exposure for mine workers is minimised.”

Delta Drone to perform virtual 3D model baseline survey for GoviEx at Madaouela

Energy minerals, Mine surveying, Mining services, Mining software, , , , , ,

Delta Drone International is set to enter the Niger market for the first time after being contracted by uranium explorer and developer, GoviEx Uranium, to perform a virtual 3D model baseline survey for GoviEx’s Madaouela project.

The baseline survey will be one of the first times Delta Drone International uses its advanced surveying and data capture technology to create a shareable view of a potential mining site to share with GoviEx Uranium stakeholders, it said. These stakeholders are currently unable to attend the site due to current travel restrictions, while the engineering teams will use the results for project construction design.

Over a two-week period, Delta Drone International’s specialist mining pilots will deploy state-of-the-art surveying drones, with the data captured to be used by GoviEx Uranium as the base to build a virtual 3D model of the new site and consult with key international stakeholders, virtually, it said.

Delta Drone International CEO, Christopher Clark, said: “This is the first time Delta Drone International has been commissioned for a project in Niger – a region where aviation, including drone operation, requires military clearance. This project with GoviEx Uranium is an example of the many ways drones are being used to more efficiently share the data needed to guide decision making among business leaders.”

He added: “Working with the GoviEx Uranium team right from the planning phase of their new mine ensures we can seamlessly collate multiple data sets of areas where low-quality, outdated or even no data is available, export it into easy-to-utilise formats and virtually share with their international stakeholders – removing the need for on-site attendance. This type of data capture is likely to be increasingly used in remote sites to support much more efficient and timely stakeholder engagement and decision making around key milestones in projects.”

An updated prefeasibility study from February on Madaouela, based on probable mineral reserves of 54.7 Mlb of U3O8, indicated the company could build a 1 Mt/y operation able to produce 2.48 MIb of U3O8 for 20 years from mostly open-pit reserves.

Wood to investigate ISR potential of Phoenix uranium deposit in Wheeler River JV FS

Energy minerals, Environmental, Mineral project development, Mining services, , , , , , ,

Denison Mines Corp says it has selected engineering firm Wood PLC to lead and author a feasibility study for the in-situ recovery (ISR) mining operation proposed for the Phoenix uranium deposit in the Athabasca Basin of Canada, part of the Wheeler River Joint Venture (WRJV) project.

The completion of the study is, Denison says, a critical step in the progression of the project and is intended to advance de-risking efforts to the point where the company and the WRJV will be able to make a definitive development decision.

Denison has an effective 95% ownership interest in Wheeler River (90% directly, and 5% indirectly through a 50% ownership in JCU), which has combined indicated mineral resources of 132.1 MIb of U3O8 (1.8 Mt at an average grade of 3.3% U3O8), plus combined inferred mineral resources of 3 MIb of U3O8 (82,000 t at an average grade of 1.7% U3O8).

Key objectives of the study are expected to include:

  • Environmental stewardship: extensive planning and technical work undertaken as part of the ongoing Environmental Assessment (EA), including applicable feedback from consultation efforts with various interested parties, is expected to be incorporated into the feasibility study project designs to support Denison’s aspiration of achieving a superior standard of environmental stewardship that meets and exceeds the anticipated environmental expectations of regulators and aligns with the interests of local Indigenous communities;
  • Updated estimate of mineral resources: mineral resources for Phoenix were last estimated in 2018. Since then, additional drilling has been completed in and around the Phoenix deposit as part of various ISR field tests, including drill hole GWR-045 (22% eU3O8 over 8.6 m), and exploration drilling. The updated mineral resource estimate will form the basis for mine planning in the study;
  • Mine design optimisation: feasibility study mine design is expected to reflect the decision to adopt a freeze wall configuration for containment of the ISR well field, as well as the results from multiple field test programs and extensive hydrogeological modelling exercises, which have provided various opportunities to optimise other elements of the project – including well pattern designs, permeability enhancement strategies, and both construction and production schedules;
  • Processing plant optimization: feasibility study process plant design is expected to reflect the decision to increase the ISR mining uranium head-grade to 15 g/L, as well as the results from extensive metallurgical laboratory studies designed to optimize the mineral processing aspects of the project; and
  • Class 3 capital cost estimate: the feasibility study is also intended to provide the level of engineering design necessary to support a Class 3 capital cost estimate (AACE international standard with an accuracy of -15% /+25%), which is expected to provide a basis to confirm the economic potential of the project highlighted in the prefeasibility study completed in 2018.

The 2018 prefeasibility study considered the potential economic merit of developing the Phoenix deposit as an ISR operation and the Gryphon deposit as a conventional underground mining operation. Taken together, the project was estimated to have mine production of 109.4 Mib of U3O8 over a 14-year mine life.

David Cates, Denison’s President & CEO, said: “The ISR de-risking activities we’ve completed since the publication of the prefeasibility study for Wheeler River in 2018 have been designed to support the completion of a future feasibility study, and the results to date have further confirmed the technical viability of the project – leading to the decision to advance the project and initiate the formal feasibility study process.

“During this de-risking phase, we have been able to verify orebody permeability and the leachability of high-grade uranium in conditions representative of an ISR mining setting. We’ve also engineered an improved containment design using a more conventional ground freezing approach. Based on the results of field programs and metallurgical lab testing completed over the last three years, we are confident that the project is ready to advance into a full feasibility study. Taken together with the selection of globally recognised engineering firm Wood, the decision to launch the formal feasibility study process for Phoenix represents another important step towards achieving our objective of bringing low-cost ISR mining to the high-grade uranium deposits of the Athabasca Basin.”

Cameco, GE Hitachi Nuclear Energy and Global Nuclear Fuel-Americas explore small modular reactor development

Energy minerals, Environmental, Mining services, Power supply for mines, , , , , , , , ,

Cameco, GE Hitachi Nuclear Energy (GEH) and Global Nuclear Fuel-Americas (GNF-A) have entered into a Memorandum of Understanding to explore several areas of cooperation to advance the commercialisation and deployment of BWRX-300 small modular reactors (SMRs) in Canada and around the world.

A recent study completed by Ontario Power Generation, Canadian Nuclear Laboratories, and Mining Innovation, Rehabilitation, and Applied Research Corporation said very small modular reactors (vSMRs) could provide clean, economic and reliable power and heat to remote northern mines and surrounding communities in Canada.

“Nuclear power will play a massive role in the global shift to zero-carbon energy, generating a lot of momentum for emerging SMR and advanced reactor technologies,” Cameco President and CEO, Tim Gitzel, said. “Cameco intends to be a go-to fuel supplier for these innovative reactors. We’re looking forward to working with GEH and GNF to see what opportunities might exist around their novel SMR design.”

Cameco supplies uranium, uranium refining and conversion services to the nuclear industry worldwide and, it says, is a leading manufacturer of fuel assemblies and reactor components for CANDU reactors, a Canadian pressurised heavy-water reactor design used to generate electric power.

Jay Wileman, President & CEO, GEH, said: “We are excited to explore opportunities with Cameco to advance the commercialisation of the BWRX-300. As we work to bring the world’s first grid-scale SMR to Canada we will continue to identify strategic partners whose capabilities will support the deployment of this game-changing technology in Canada and worldwide.”

Lisa McBride, Canada SMR Country Leader for GEH, said: “BWR and CANDU fuel types are closely related as both use similar cladding materials as well as ceramic, uranium dioxide fuel pellets so this type of collaboration offers the potential to extract significant synergies between the two fuel designs and manufacturing processes, enabling the expansion of Canada’s local fuel supply chain capabilities.”

The BWRX-300 (pictured) is a 300 MWe water-cooled, natural circulation SMR with passive safety systems that leverages the design and licensing basis of GEH’s US NRC-certified ESBWR (Economic Simplified Boiling Water Reactor). Through dramatic and innovative design simplification, GEH projects the BWRX-300 will require significantly less capital cost per MW when compared with other SMR designs.

By leveraging the existing ESBWR design certification, utilising the licensed and proven GNF2 fuel design, and incorporating proven components and supply chain expertise, GEH believes the BWRX-300 can become the lowest-risk, most cost-competitive and quickest to market SMR.

This MoU is not exclusive and does not preclude GEH or Cameco from pursuing similar arrangements with other companies in the nuclear energy sector, the companies said.

Orano, Ideon deploy cosmic-ray muon detector at McLean Lake uranium site

Energy minerals, Mine surveying, Mineral exploration, Mining services, , , , , , , , , , , ,

Canada-based Earth ‘X-ray’ start-up, Ideon Technologies, and Orano Group, one of the world’s top uranium producers, have deployed the world’s first cosmic-ray muon detector for use in industry-standard boreholes.

The EUREKA-approved research and development project, which is receiving advisory services and funding support from the National Research Council of Canada Industrial Research Assistance Program, will run from now through the end of 2021 at McClean Lake, an Orano uranium site in northern Saskatchewan, Canada.

Ideon says it is a pioneer in muon tomography, providing X-ray-like imaging up to 1 km beneath the Earth’s surface. The Ideon discovery platform integrates proprietary muon detectors, imaging systems, inversion technologies, and artificial intelligence to produce high-resolution 3D density maps of underground targets, it explained.

Orano’s imaging target is a high-grade, compact uranium deposit located at 300 m depth. Multiple borehole muon detectors are deployed down a single drill hole in a connected sequence, delivering progressive imaging results throughout the survey.

Orano and Ideon have been collaborating since 2016, when Ideon deployed its first-generation, large-format detectors at the McArthur River uranium mine in Saskatchewan, successfully imaging a high-grade uranium deposit under 600 m of sandstone. Since then, Ideon has completed a 50 times miniaturisation effort to create the first industry-standard borehole (<100 mm diameter), low-power (<10 W continuous power consumption), zero-maintenance muon tomography detector suitable for operation in the extreme environmental conditions of mineral exploration sites around the world, the company explained.

“We’re excited to move forward on this project with Ideon because we expect it to transform the very nature of how we explore,” Hervé Toubon, Research & Development and Innovation Director at Orano Mining, said. “Global uranium demand is projected to grow by up to 40% by 2025 and it is virtually impossible for us to detect high-grade deposits at depth using traditional geophysical exploration techniques. The subsurface intelligence we gain with muon tomography gives us the ability to accurately locate those anomalies while reducing the need for drilling and lowering our overall environmental impact. That value proposition is hard to beat.”

Gary Agnew, CEO at Ideon, said: “This deployment milestone is more than a decade in the making. We’ve spent seven years doing commercial trials in partnership with the mining industry and several years of system design and development, de-risking, and prototyping in the lab. Orano has been there right along with us for much of that journey, leading the way as a customer-driven innovator in the global energy transition. We are grateful for their enthusiasm, flexibility, trust, and willingness to break new ground with us.”

In addition to muon tomography models, Ideon will work with Orano to develop joint inversions with existing drill data and other geophysical datasets.

Ideon is currently implementing an exclusive early access program for borehole muon tomography. The company claims it is the only straight-line subsurface imaging technology available today, delivering the highest available resolution along with precise anomaly location information. Muon tomography uses a passive and free energy source (cosmic rays from space), offers the ability to image in noisy or conductive environments, and captures data continuously – improving imaging results over time, the company said.