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CAPITAL RAISING

Toro launches share purchase plan to raise funds

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ASX-listed uranium developer Toro Energy on Monday launched a share purchase plan to raise funds to further advance work at its Wiluna project, in Western Australia. The miner said that eligible shareholders would be given the opportunity to...

By: Esmarie Swanepoel

6th February 2012

URANIUM

Extract expects bid from Chinese firm by March 1

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Uranium developer Extract Resources on Monday told shareholders that it was expecting a takeover offer from Taurus Minerals by no later than March 1. Taurus Minerals, a subsidiary of China Guandong Nuclear Power Corporation (CGNPC), on Friday...

By: Esmarie Swanepoel

6th February 2012

URANIUM

Macusani agrees to buy Southern Andes in friendly uranium deal

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TSX-V- and Frankfurt-quoted Macusani Yellowcake said on Friday it agreed to buy Southern Andes Energy to grow its uranium exploration tenements in south-east Peru in an all-share deal. The friendly takeover will see Macusani’s shareholders...

By: Matthew Hill

4th February 2012

URANIUM

Extract in trading halt pending CGNPC offer

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Uranium mine developer Extract Resources was granted a share trading halt on the ASX on Friday as the company awaited a downstream offer from China Guandong Nuclear Power Corporation (CGNPC) through its subsidiary Taurus Minerals. It was...

By: Esmarie Swanepoel

3rd February 2012

URANIUM

Strathmore gets investment for US uranium project from Korea

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Uranium junior Strathmore Minerals said late on Tuesday it agreed to sell a 13.9% stake to Korea Electric Power Corporation for C$0.55 a share, or $8-million. The TSX-listed company said the agreement also included an off-take provision, without...

By: Matthew Hill

2nd February 2012

URANIUM

Heavy rain causes ERA production to fall

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Uranium miner Energy Resources of Australia (ERA) has reported a 30% drop in uranium oxide production for the full year ended December, tipping the company into the red. Uranium oxide production during the full year ended December reduced to 2...

By: Esmarie Swanepoel

1st February 2012

M&A

Rio Tinto accepts Chinese offer for Kalahari

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Miner Rio Tinto has accepted China Guangdong Nuclear Power Corp's bid for its 11.1% stake in Kalahari Minerals, a top shareholder in one of the world's largest uranium projects. CGNPC, which has been seeking new sources of uranium supply, wants...

By: Reuters

31st January 2012

URANIUM

Etango DFS set for completion by March

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Uranium hopeful Bannerman Resources on Monday reported that the definitive feasibility study on its Etango project, in Namibia, was scheduled for completion by the end of March. The study was focused on developing the Etango project into...

By: Esmarie Swanepoel

30th January 2012

Topics in these articles

City	Company	Continent	Currency
Asian Perth Frankfurt Toronto Vancouver London	Toro Energy China Guandong Nuclear Power Corporation Extract Resources Kalahari Minerals Taurus Minerals Cameco Macusani Southern Andes Energy Extract Kalahari Rio Tinto Korea Electric Power Corporation For C Strathmore Sumitomo Energy Resources Of Australia China Guangdong Nuclear Power Corp Bannerman Resources	Australia	AUD USD CAD GBP
Industry Term	Province Or State	Country	Published Medium
Uranium Developer Mine Developer Long-term Solutions	Western Australia New Mexico Wyoming Northern Territory	Namibia Canada Peru Japan Germany	The Namibian
Person	Market Index	Facility	Natural Feature
Peter Hooper David Miller Len Jubber	ASX	Roca Honda Mine	Gas Hills