Bayswater Uranium reports that it has elected to meet the terms of competing offer which Strathmore Minerals had received with an unsolicited competing offer from a foreign based corporation for the Pine-Tree Reno Creek properties, Wyoming.
Bayswater will acquire a 100% interest in the Property in consideration of an aggregate payment of US$20 million to Strathmore of which US$ 17.5 million [...]
Tournigan Energy reports that S.A. Resources Ltd. has completed payment to the company for the September 2009 purchase of Dalradian Gold Ltd.
SA acquired Dalradian from Tournigan for consideration of C$5.5 million paid as to C$2.5 million on November 2, 2009 and the balance of C$3 million on December 22, 2009.
For complete details of this press release, click [...]
Bayswater Uranium Corporation reports Strathmore has received an unsolicited competing offer from a foreign based corporation for the Pine-Tree Reno Creek properties, Wyoming.
Per Competing Offer, the Competing Bidder would acquire a 100% interest in the Property in consideration of the payment of US$17.5 million cash, US$2.5 million in common shares of the Competing Bidder, to be paid [...]
Uranium Investing News reports India has been signing agreements with Kazakhstan, Russia and France as well as the most recent Namibia.
India is looking to ramp up its nuclear energy output to meet demand; however, its domestic supplies are limited and India will have to rely on imports to meet its needs.
For complete story, click this [...]
Uranium Investing News & U3o8.biz report part 3 in its series of commentary on mining in Mongolia.
As more and more nuclear reactors come online or are slated for construction, Mongolia is quickly becoming a strategically important region in the battle over control of the uranium market and the nuclear industry as Russia, Asia and the West [...]
Uranium Investing News & U308.biz report Mega Uranium is moving ahead in the race with its competitors.
Mega is out-stepping BHP with the signing of a US$ 49 million joint venture agreement with Japan Australia Uranium Resources Development (JAURD).
The signing of the agreement, which will be overseen by Federal Resources Minister Martin Ferguson, will be the [...]
Uranium Investing News & U308.biz report Tradetech raising uranium spot price to $55.00 per pound with the demand for uranium.
Since bottoming at its lowest level in over three years in April ($40 per pound), the price of yellow cake has been slowly but steadily rising as demand for energy commodities in general increases across the [...]
Uranium Investing News & U308.biz report the recent uranium spot price change by TradeTech and Ux Consulting.
The World Nuclear Association anticipates uranium demand to rise from the current 65,000 tonnes a year to 74,000 tonnes by 2015.
“With the nuclear drive worldwide, demand is expected to spike,” said Deutsche Securities Inc. analyst, Tomohiro Jikihara. “Securing the [...]
Uranium Investing News & U308.biz report uranium price is now at $51.00/lb.
Rising demand for uranium and the reality of a supply shortfall are finally having an impact on the spot price of yellowcake. The price has been on an uptrend this past month, reaching $51 per pound this past week.
For complete story, click this link.
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Uranium Investing News & U308.biz report for the first time the price of uranium advances to 2.5% according to TradeTech.
While events such as demand out of Asia or supply problems like those announced by Energy Resources of Australia [ASX: ERA], whose output dropped 9 per cent in the first-quarter, may be helping to advance the spot [...]
Thursday, January 7, 2010
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