Peninsula Energy Increases Resource at Lance Project
Uranium – Mining Weekly reported that Peninsula Energy has added the indicated resource at its US based Lance project by 2.5 million pounds of uranium oxide.
Articles Tagged "us"
De Beers Plans to Dig Angola Mine to Recoup $250M Expense
Diamond – Bloomberg reported that the world’s biggest diamond producer, De Beers, said it is very confident that it will find a substantial gem deposit in a concession near Lucapa in the Lunda North province, in Angola.
Nissan Plans to Use Tennessee Battery Plant for Hybrid Vehicles
Lithium – Bloomberg reported that Nissan Motor Co. wants to use its Tennessee battery plant to manufacture lithium-ion batteries, motors, and other components for its Leaf electric car.
Brent Crude Oil Moves to $112 on Weak Dollar, Product Strength
Oil – Reuters reported that Brent-US crude oil rose to $112 a barrel on Monday, as a result of a stronger gasoline and diesel market, a weak U.S. dollar, as well as investors weighing in on a statement from Saudi Arabia, which disputed claims that the country has altered its output policy.
Oil Falls as US Fuel Inventories Rise
Oil – Reuters reported that oil prices went down Wednesday as U.S. fuel stocks went up. Gold and natural gas are also slipping.
US Plans to Review Arctic Oil Drilling After Shell Incidents
Oil – Bloomberg reported that the United States Interior Department will review the oil and gas exploration in the Arctic waters in Alaska, a move that was prompted by the mishaps that took place in the Royal Dutch Shell Plc (LON:RDSA) drilling rig recently.
Iran Crude Oil Exports Suffer Major Decline Amid US and EU Sanctions
Oil – Bloomberg reported that Iran’s crude oil shipments have dropped at least 40% in the last nine months as the United States and European Union tighten their sanctions in their aim to deter its nuclear program.
U.S. NRC Approves Powertech License for Second Draft Uranium Recovery
Uranium – Powertech Uranium Corporation (TSX:PWE) announced recently that its subsidiary, Powertech (USA) Inc., has obtained a second draft uranium recovery license from the United States National Regulatory Commission or NRC for its Dewey-Burdock Project.
Recovering Auto Industry Sees Growth in Platinum
Platinum – The Globe and Mail recently reported that with the resurging auto industry, 2013 looks promising for platinum, which entered an annual period of seasonal strength, averaging at 8.9%.
Price of Platinum Improves After Weak Holiday Performance
Platinum – The International Business Times reported that the price of platinum increased by 0.2% after Christmas.
