Articles Tagged "uranium mines"

CGNPC Offers $2.2 billion for Extract Resources’ Husab Uranium Project in Namibia

Uranium – Extract Resources Limited was offered $2.2 billion for its Husab uranium project in Namibia, by China Guangdong Nuclear Power Corp (CGNPC). The offer is conditional on the success of an additional proposal to acquire Kalahari Minerals.

Uranium Mining and Nuclear Industry Outlook

Uranium – The potential outlook for both the uranium mining and nuclear industries suggest a muted positive context by some analysts that could be worth noting for investors. In an exclusive interview with Uranium Investing News, Mikhail Safin, Equity Research Analyst at Renaissance Capital explained, “in the uranium mining industry currently we are observing the consequences of the accident in Fukushima."