Uranium – Major companies like AREVA and Cameco understand how important it is to mitigate risks such as fighting in Mali and Nigerian resource nationalism by geographically diversifying their assets.
Coal – Platts reported that prices between the Central Appalachian and Powder River Basin coal markets are diverging.
Uranium – Last week the Nuclear Regulatory Commission issued an operating license for Uranium One’s Moore Ranch uranium mine. It is the first new uranium mine license issued in the USA since 1998. The Moore Ranch facility covers some 2873 hectares in the Powder River Basin region of northern Wyoming.
Uranerz Energy reports the sale of its JV Mongolian property interests. The Mongolian joint venture assets, transferred by means of a subsidiary sale of the joint venture holding vehicle, Rolling Hills Resources LLC (“RHR”), were previously deemed by Uranerz to be non-core assets; the Company’s primary goal remains to carry forward its Powder River Basin [...]
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