Articles Tagged "hathor exploration"

Cameco Increases Hathor Offer to $625 million

Uranium – Uranium giant Cameco Corp raised its hostile takeover offer for Athabasca Basin uranium junior Hathor Exploration with an increased all-cash offer of $625 million, or $4.50 per share.

Uranium Price Could Reach $100 per pound by 2013

Uranium – Mark Lackey, Investment Strategist with Pope & Company forecasts growth in the uranium mining industry, "We think the prices will head up closer to $70 next year and then in 2013 we can get back closer to $100."

Uranium Market Gains Interest in 2011

Uranium – The Resource Investing News survey suggests that despite challenges in the uranium market in early 2011, uranium has displayed an improving sentiment. Following the earthquake and tsunami in March, uranium investment has gained interest with takeover bids for junior explorer Hathor by Cameco and Rio Tinto.

Rio Tinto Places Offer for Uranium Junior Hathor Exploration

Uranium – Mining giant Rio Tinto PLC has finally engaged in a long anticipated competition for junior uranium company Hathor Exploration Ltd. with a friendly $572-million bid, escalating a challenge against an earlier hostile offer from uranium giant Cameco for the promising Saskatchewan property.