Marmota earns majority stake in uranium project

Precious metals and uranium explorer Marmota Energy would earn a 51% interest in the Junction Dam uranium project, in South Australia, the company reported on Thursday. Marmot has satisfied the full 51% earn-in commitment on the project as part...

Uranium One finalises Australia JV with Mitsui

Uranium-miner Uranium One has finalised the sale of 49% of its Honeymoon project and other exploration prospects in Australia to Tokyo-based Mitsui & Co, the firms announced on Wednesday. Mitsui will pay at least A$104-million for its share in...

Oz mine on track to start production this year – Uranium One

Uranium miner Uranium One expects to start commercial production this year at its Honeymoon mine, in Australia, after receiving the green light from the South Australian government.

Uranium firm granted exploration rights

The Department of Minerals and Energy has granted Canadian uranium and gold company sxr Uranium with exploration rights that covers land to the west of the Dominion Reefs Uranium Mine in the direction of Ottosdaal in the North West province.

Gaining dominion over the yellow metal

Toronto- and JSE-listed sxr Uranium One has big plans. Neal Froneman’s company has ambitions much higher than just digging around for the yellow stuff. Looking at the rapid development at the company since the beginning of the year, it is...

Uranium deal supported, JSE listing next month

Aflease CEO Neal Froneman described the decision of the company's shareholders to back what amounts to a reverse takeover by Aflease of Toronto Sock Exchange-listed Southern Cross Resources (SXR) as only the “end of the beginning” in...