Archive for the ‘Uranium’ Category

First Australian Uranium Shipped To China - Minister

Saturday, November 22nd, 2008

The first Australian uranium has been exported to China, with demand for the fuel likely to increase sharply in coming years, Resources and Energy Minister Martin Ferguson said Friday. The shipment follows the signing of two bilateral nuclear safeguards agreements in April 2006 and their ratification in January 2007, which provide ...

Energy Fuels Announces Capital Preservation Strategy While Advancing Development of Its Asset Base

Saturday, November 22nd, 2008

In consideration of the ongoing uncertainty in the uranium and securities markets, Energy Fuels has taken a number of steps to reduce its rate of spending. Energy Fuels' capital preservation strategy is being implemented to ensure that the Company will be in place with strong, developed assets, ready to catch ...

Research and Markets: Mining Industry - Global Strategic Business Report Includes Indexed, Easy-To-Refer, Fact-Finder Directory Listing

Thursday, November 20th, 2008

Research and Markets has announced the addition of the "Mining Industry - Global Strategic Business Report" report to their offering. The global outlook series on the Mining Industry provides a collection of statistical anecdotes, market briefs, and concise summaries of research findings. The report provides a bird's eye view of the ...

Uranium One Announces Results for Q3 2008

Monday, November 17th, 2008

Uranium One Inc. ("Uranium One") today reported operational and financial results for the third quarter of 2008. The Company also provided updated guidance for its operation and development projects. The financial statements, as well as the accompanying management's discussion and analysis, are available for review at www.uranium1.com ...

Junior miners pine for partners but investors aren’t listening

Monday, November 17th, 2008

The wallets are closing, the bank accounts are running down, the investors are no longer listening. In the next few months there will be a fevered stampede from the cash-strapped juniors to find someone -- anyone -- with money to help keep them going. Adrian Day believes he has got in ...

Xemplar drilling at Warmbad uranium project finds further mineralized zones

Thursday, November 13th, 2008

Canada-based Xemplar Energy Corp said the latest drill hole assay results from its Warmbad uranium exploration project in Namibia have outlined five mineralized zones at Aluriesfontein and Big Yellow. The geological groundwork and the drilling continue to confirm the widespread uranium mineralization on the property. The company continues to aggressively conduct ...

Magnum Drills Bulk Tonnage Mineralization at Marysvale

Thursday, November 13th, 2008

Magnum Uranium Corp. is pleased to announce results of a recently completed exploration drilling program at its Marysvale Uranium Property, Piute County, Utah. Drilling was conducted from October 22 to October 31, 2008 to test a large 850-foot-wide by 1,570-foot-long coherent soil-gas radon anomaly delineated by StrataModel Inc. in August ...

Uranium Mining in South Texas

Wednesday, November 12th, 2008

Here's something you may not have known, the coastal bend is the third leading producer of uranium in the nation. A money-maker for the companies involved, but some residents living near those mines claim the mining process contaminates their ground water. Our Manuel De La Rosa has this special report. The Garcia ...

Sinosteel Suspends Agreement

Wednesday, November 12th, 2008

Ditem Explorations (TSX VENTURE: DIT) announces that Sinosteel Mining Company, a wholly owned subsidiary of Sinosteel Corporation, has advised that it has suspended proceeding with the proposed master joint venture agreement. In a letter to Ditem, Sinosteel stated that because of the current financial crisis, they are suspending until the ...

Paladin says uranium outlook strong

Wednesday, November 12th, 2008

PALADIN Energy has posted a small quarterly loss despite achieving nameplate production at its flagship mine in Africa. The company reported net loss for three months to September 30 of $US4.7 million ($7.05 million). This was down on the after tax loss of $US14.5 million ($21.75 million) for the corresponding period in ...