Rio Tinto Completes Acquisition of Hathor
Uranium – IBTimes reported Rio Tinto (NYSE:RIO) acquired complete ownership of Hathor Exploration (TSX:HAT) and its Roughrider uranium project.
Articles Tagged "hathor exploration"
Analysis: Rio Tinto Faces New Hurdles on Canadian Uranium
Uranium – Reuters reported Rio Tinto's (ASX:RIO) battle to secure a foothold in Canada has begun now that it won Hathor Exploration (TSX:HAT).
Cameco Offer for Uranium Junior Hathor Exploration to Lapse
Uranium – Gold futures rallied Monday, tracking the global equity markets, as record Black Friday sales and evidence that European leaders would come up with a plan to curb the Eurozone’s debt crisis boosted investor sentiment.
Cameco To Allow Offer For Hathor Exploration To Lapse
Uranium – Cameco (TSX:CCO,NYSE:CCJ) announced it will not increase or extend its offer to acquire of Hathor Exploration Limited (TSX:HAT).
Rio Tinto Seen Stoking Bid War for Hathor
Uranium – Reuters reported Rio Tinto (NYSE:RIO) is unlikely to walk away from a bidding war for uranium developer Hathor Exploration (TSX:HAT).
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."
Cameco Likely to Lob Fresh Bid For Hathor
Uranium – SMH reported Cameco (TSX:CCO,NYSE:CCJ) has left open the option to come back with an increased offer for Hathor Exploration (TSX:HAT).
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.
