Areva 2012 Uranium Production Hits New Record

Mining weekly reported that French nuclear company Areva said it reached a record level for its uranium production last year, producing 9,760T.

As quoted in the market news:

Areva produced 3 661 t via its 51%-owned Katco joint venture with Kazatomprom and 3 065 t at its Somair mine in Niger. Its share in the Cominak mine in Niger yielded 512 t for Areva, the company said.

Click here to read the full Mining Weekly report.

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Peninsula Energy (ASX:PEN) is set to be the ASX’s next uranium producer. Its flagship Lance Projects in Wyoming is headed towards production in 2015, with purchasing contracts secured for 2015 to 2024.

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