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Uranium
 
URANIUM

More yellowcake in Peru than Athabasca basin? Restricted

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Junior Macusani Yellowcake, which is buying TSX-listed competitor Southern Andes, has pushed back its plans to publish a scoping study on what could be Peru’s first uranium mine to the third quarter, and has decided to go bigger. The original...
By: Matthew Hill
8th March 2012
 
 
URANIUM

Uranium One swings to profit, revenue hits record $530m Restricted

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TSX- and JSE-listed Uranium One posted record revenue of $530-million as sales rose to record and a production increased in the 2011 financial year, The firm, which produces uranium at mines in Kazakhstan, Australia and the US, reported net...
By: Henry Lazenby
6th March 2012
 
 
URANIUM

Canadian uranium ownership policy to remain for now: Oliver Restricted

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Foreign-owned uranium companies hoping to build uranium mines in Canada, including diversified giant Rio Tinto and Australia’s Paladin Energy might be disappointed that the federal government still has no plans to change a policy that restricts...
By: Matthew Hill
6th March 2012
 
 
ACQUISITIONS

Gold One to unlock synergies between Cooke and Ezulwini Restricted

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JSE- and ASX-listed Gold One can unlock significant value by combining the Cooke and Ezulwini mines, west of Johannesburg, CEO Neal Froneman said on Monday. First Uranium announced last week that it would sell its Ezulwini mine to Gold One for...
By: Natasha Odendaal
5th March 2012
 
 
URANIUM

Cameco to pay C$150m for Areva's Millennium stake Restricted

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Cameco, the biggest uranium producer in the world, has agreed to buy Areva’s 28% stake in the Millennium project in Saskatchewan for C$150-million, sparking speculation the French nuclear giant might put other Canadian assets up for sale. While...
By: Matthew Hill
2nd March 2012
 
 
GOLD-URANIUM

Asset sales at the end of First Uranium’s tunnel Restricted

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After a painful ride over the past two-and-a-half-years, First Uranium has decided to put itself out of its own misery, announcing on Tuesday it is selling off its assets to Africa’s biggest gold producer AngloGold Ashanti, and JSE- and...
By: Matthew Hill
2nd March 2012
 
 
M&A

Extract shareholders told to accept A$2.2bn Chinese offer Restricted

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ASX- and TSX-listed uranium developer Extract Resources on Thursday urged shareholders to accept a A$2.2-billion takeover offer from the China Guandong Nuclear Power Corporation (CGNPC), through its subsidiary Taurus Minerals. In its target...
By: Esmarie Swanepoel
1st March 2012
 
 
URANIUM

India's UCIL gets clearance for new uranium mine Restricted

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Uranium Corporation of India Limited (UCIL) has secured environmental clearance for the development of its Gogi uranium reserves in the southern Indian province of Karnataka, and would adopt mobile mining technology for the project. “Gogi has a...
By: Ajoy K Das
1st March 2012
 
 
 
 
 
 
 
Uranium Multimedia
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Namibia gives Deep Yellow environmental nod Video
First Uranium may sell core assets to pay off debt Video
NSW overturns uranium exploration ban Video
CGNPC launches A$2.2bn Extract takeover Video
Uranex working on joint development offers for... Video
Paladin Energy posts $120m first-half loss Video
Claude Resources Q4 production falls Video
Alliance settles Four Mile dispute Video
Toro launches share purchase plan to raise funds Video
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South Africa’s new State mining... Audio
Ontario fast-tracks mining law revamp... Audio
Production difficulties to drive... Audio
Simmers lifts its gold output 14-fold... Audio
African Eagle open to talks with SA... Audio
 
 
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