MineralStox.com reports Canadian uranium miners should have some good news with new investment rules surrounding uranium in Canada.
The Canadian uranium industry has been hamstrung by an antiquated federal law (dating back to the cold war) that restricts foreign ownership to 49 per cent.
In its recent throne speech, Canada’s Harper government announced plans to abolish this law and [...]
Pinetree Capital Ltd. reports it has acquired securities of Goldeye Explorations as at March 15th, 2010.
As a result of this transaction, Pinetree held, as at March 15, 2010, 2009, an aggregate of 11,301,000 common shares of Goldeye, including the Common Shares, and rights to acquire an additional 2,250,000 common shares of Goldeye upon the exercise of [...]
WPCVA.com reports on the discussion of economic promise that uranium mining offers.
While we all want uranium mining to be safe, the pessimism that ran through her article clearly shows that she has no comprehension of why so many of us are hopeful and optimistic about this study and what it could mean to us.
Let me [...]
Crosshair Exploration & Mining Corp. reports on April 28, 2009 that it has began an action in British Columbia Supreme Court against Universal Uranium Ltd.
The action relates to certain agreements Crosshair entered into with Universal to acquire all of Universal’s interest in its project in the Central Mineral Belt of Labrador and to purchase securities of Universal by [...]
International Montoro Resources reports its summary of field work done by the Ontario Geological Survey on the Serpent River property, Elliot Lake, Ontario.
The area was selected for mapping by the OGS because of renewed uranium exploration in the area and because previous published mapping of Proterozoic rocks in the area, dates mainly from the late 1950s and [...]
Denison Mines reports that the initial drill results of the winter drill 2010 program at Wheeler River have significantly expanded high-grade uranium mineralization at the Phoenix deposit.
Two holes (WR-299 and 300) returned intersections of 8.88% eU3O8 and 30.19% eU3O8 over 3.7 and 2.5 metres respectively, expanding the deposit to the northeast. A third hole (WR-302) returning 18.49% eU3O8 over [...]
Waseco Resources reports it has received and reviewed a technical report.
Regionally, Waseco’s Blocks IV & V are near properties held by Azimut Exploration Inc. and Virginia Mines Inc. Other companies (Fission Energy Corp., Fancamp Exploration Ltd. and Sheridan Platinum Group Ltd.) are grouped around the known uranium deposits at Dieter Lake, which has reported estimated resources [...]
Strathmore Minerals reports Scott Wilson Roscoe Postle Associates Inc. has been contracted to prepare a Bankable Feasibility Study to evaluate the overall project economics of the proposed Roca Honda, New Mexico.
The Roca Honda property is located in the eastern part of the Grants Mineral Belt in New Mexico. This project, which is held by Strathmore and Sumitomo Corporation [...]
Bloomberg.com reports Areva’s 2012 output for uranium may be reduced by 20% due to slump in prices.
The company said in September it expected to produce about 12,000 metric tons of uranium in 2012 and warned expansion plans could be modified because prices may no longer justify the cost. Uranium for immediate delivery fell 45 percent to $40.50 a pound [...]
Fission Energy Corp. and KEPCO Consortium, JV partner report the latest uranium assays.
These latest results have extended the J-Zone to the west and north, reinforcing Fission’s belief that the J-Zone represents a significant new discovery of unconformity mineralization at the Company’s Waterbury Lake Project in the Athabasca Basin. Given that the drilling to date at the J-Zone for [...]
Thursday, March 18, 2010
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