Khan frowns on Macusani-Southern Andes tie-up

Canada’s Khan Resources, which owns 14.4% of Macusani Yellowcake, said on Friday it will vote against the company’s proposed merger with Southern Andes Energy. The TSX-V-listed company said it was against the deal, first slated in February,...

More yellowcake in Peru than Athabasca basin?

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...

Macusani agrees to buy Southern Andes in friendly uranium deal

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...

Macusani eyes central plant for Peru uranium deposits

Peru-focused uranium junior Macusani Yellocake aims to release a preliminary economic assessment in the first quarter of next year for building a four-million pound a year project in the south-eastern part of the country, CEO Peter Hooper said...

Junior Kilo hires CEO

Democratic Republic of Congo-focused Kilo Goldmines has appointed Alex van Hoeken as president and CEO, the company said on Monday. He will replace interim CEO Peter Hooper on September 1.

Khan starts Mongolian licence arbitration, CEO retires

Toronto-based Khan Resources will start international arbitration proceedings against the government of Mongolia over the cancellation of its uranium licences in that country. The uranium developer, which also announced on Tuesday that CEO Martin...

Investor wants more transparency

A Canadian company is calling on the South African government to exercise more transparency in the processing of applications for prospecting licences.