Uranium Mining in Australia
Uranium – Australia, the third-largest uranium producer in the world, is home to nearly one-third of the world’s known uranium resources.
Articles Tagged "ARMZ"
Uranium One Announces New VP, CFO
Uranium – Mining Weekly reported that Uranium One announced the appointment of Grier Colter as its new executive vice president and chief financial officer, and will take the place of Graham du Preez.
Uranium One Reports $68.8M Q4 Net Loss
Uranium – Mining Weekly reported that Uranium One, which is currently in the process of being privatized by its largest shareholder, ARMZ, reported a fourth quarter net loss of $68.8 million after writing down its Mantra Resources investment.
Uranium One Shareholders Favor ARMZ Offer
Uranium – Reuters reported that Uranium One shareholders have approved the offer made by Russian uranium company ARMZ to take it private, in which the latter has agreed to pay C$1.3B.
Russia’s Buyout of Uranium One Positive Signal for Uranium Market
Uranium – The ARMZ-Uranium One deal is yet another positive signal that industry heavies know the uranium market is at a bottom and the time is ripe for picking up assets.
Resource Companies Reinvent Themselves for Tough Markets
As share prices stagnate on the back of tough markets, resources companies are trying new tricks to attract investor interest.
Virginia’s Coles Hill Uranium Deposit Faces Crucial Vote as Russia Takes Uranium One
Uranium – This week, the Virginia General Assembly will take up proposed legislation to end the state's 31-year moratorium on uranium mining permits in what is expected to be a tight vote.
ARMZ Buys Uranium One for C$1.3 Billion
Uranium – Uranium One Inc. (TSX:UUU) announced that it has agreed to sell itself to JSC Atomredmetzoloto (ARMZ) and Effective Energy NV, its affiliate, for C$2.86 per share, which amounts to a total of C$1.3 billion. ARMZ already owns 51.4 percent of Uranium One's common shares.
Nuclear Outlook Following One Month After Japan Disaster
Uranium – In an exclusive interview with Uranium Investing News, Gary Clark analyst at Roubini Global Economics discussed the demonstrable longer term effect on nuclear power generation policy in several countries of interest.
Uranium Spot Market Prices on the Rebound
Uranium – The current spot market price rebounded resiliently 13 percent on strong volumes, as 21 transactions involving a total of more than 3.6 million pounds of uranium were concluded last week, which removed the most aggressively priced supply from the market.
