Uranium One hints at Mkuju River output above 5Mlb/y

Uranium One is reluctant to discuss details of its development plans for the Mkuju River project in Tanzania until an updated feasibility study is published early next year, but CEO Chris Sattler indicated on Tuesday that production levels will...

India's arrival as uranium mine buyer to heighten competition - Uranium One

Uranium One CEO Chris Sattler expects to see India emerge as a buyer of uranium companies around the world, increasing competition for a limited number of assets, he said in an interview this week. Bloomberg reported on Friday the country is...

Uranium One hires former Cameco exec as marketing VP

ranium One has appointed Scott Melbye as executive vice-president of marketing, the company said on Friday. Melbye, who will join Uranium One in May, was most recently president of Cameco, as subsidiary of Cameco, where he was responsible for...

Russia blocks litigation claim against ARMZ – Khan

Russian authorities have blocked a litigation claim by Canadian junior Khan Resources against Russian State-owned uranium miner Atomredmetzoloto, the TSX-listed company said on Monday. Khan filed a statement of claim against ARMZ and its...

Uranium One names Chris Sattler as new CEO

Uranium One has appointed Chris Sattler as CEO, replacing Jean Nortier, the firm said on Wednesday. Nortier has returned to South Africa with his family "for personal reasons" but will remain a member of the board of directors, the company said.

Uranium One doubled output in 2010

Canada's Uranium One more than doubled attributable production in 2010, the firm said on Monday. Uranium production rose 106% to 7,4-million pounds, compared with 3,6-million pounds in 2009.

Uranium One, ARMZ make a play for junior Mantra

Canada's Uranium One has secured itself an option to buy uranium junior Mantra Resources and its attractive Tanzanian project,and will have up to 18 months to come up with the A$1,2-billion-plus price tag, thanks to help from the company's new...

Uranium One sees ARMZ deal by yr-end after shareholder thumbs up

With shareholder approval now in the bag, Uranium One expects to close the sale of a controlling interest in itself to Russian government-owned uranium miner Atomredmetzoloto (ARMZ) by the end of this year. The company only needed the approval of...

Khan sues Russia's ARMZ

Uranium junior Khan Resources said on Friday it has filed a statement of claim against Russia's Atomredmetzoloto and its subsidiary JSC Priargunsky Industry Mining and Chemical Union with the Ontario Superior Court of Justice. Khan's main asset...

ARMZ sees Uranium One as vehicle for global growth

Russia's Atomredmetzoloto (ARMZ) will increase its holding in Uranium One to at least 51%, in exchange for stakes in two uranium mines in Kazakhstan and $610-million in cash. Uranium One will buy ARMZ's 50% interest in the Akbastau uranium mine...

Khan prepares Mongolian court appeal after uranium licences voided

Toronto-based Khan Resources will launch an appeal in Mongolian courts within the next few days, in the hopes of overturning a decision by the country's Nuclear Energy Agency to invalidate mining and exploration licenses held by the company's...

Uranium miner announces strong production results

Uranium exploration and production company Uranium One reports that its operational and financial results for the year ended December 31, 2009, as well as production results for the first two months of 2010, have been promising and believes that...