News archive for July, 2007

Uranium One eyes enrichment

July 9th, 2007
Uranium One eyes enrichment

Listed miner Uranium One has identified uranium enrichment as an attractive business opportunity.
Uranium enrichment is a critical step in transforming natural uranium into nuclear fuel for use in electricity production.
Starting life as Aflease Gold, Uranium One, which has a primary listing on the Toronto Stock Exchange and a secondary listing on the JSE, was [...]

Pele Mountain Advances Mine Planning and Scoping Studies on 33-Million Pound Uranium Oxide Resource at Elliot Lake

July 9th, 2007
Pele Mountain Advances Mine Planning and Scoping Studies on 33-Million Pound Uranium Oxide Resource at Elliot Lake

Pele Mountain Resources Inc. announced that mine planning and other scoping studies continue to advance on schedule at its 100-percent owned Elliot Lake Uranium Project in Northern Ontario. The focus of the ongoing studies is to establish the basis for economically viable, safe, and environmentally compliant mining and processing facilities at Elliot Lake where [...]

SXR Uranium One sees strong price, output growth

July 9th, 2007
SXR Uranium One sees strong price, output growth

Uranium One said on Monday it expected its output to grow significantly over the next few years to pip top producer Cameco Corp. by 2013 on current estimates.
Uranium One Chief Executive Neal Froneman said prices for uranium would also grow steadily and viewed the company’s production profile as healthy, and well distributed globally with output [...]

Chesapeake Energy Corporation Announces Transaction with Four Sevens Resources Co., Ltd. and Sinclair Oil & Gas Company in the Fort Worth Barnett Shale

July 5th, 2007
Chesapeake Energy Corporation Announces Transaction with Four Sevens Resources Co., Ltd. and Sinclair Oil & Gas Company in the Fort Worth Barnett Shale

Chesapeake Energy Corporation announced that it has acquired or has agreed to acquire approximately 8,500 net undeveloped leasehold acres in the heart of the Barnett Shale play in Tarrant County, Texas, from Four Sevens Resources Co., Ltd., Sinclair Oil & Gas Company and several of their affiliates and partners. In addition, Chesapeake announced that it [...]

Hellenic Petroleum unit to invest 100 mln eur for market share - brokers

July 5th, 2007
Hellenic Petroleum unit to invest 100 mln eur for market share - brokers

Greek refiner Hellenic Petroleum’s Bulgarian unit Eco Elda will be investing 100 mln eur to increase its market share, brokers told Thomson Financial News.
Brokers added that the unit wants to increase its share to 10 pct in 2010 from 1.5 pct in 2005.
Currently Eco Elda is the fifth-largest retail fuel distributor in Bulgaria.
Hellenic Petroleum confirmed [...]

ATI Petroleum (ATIP) officially listed on the NYSE/EURONEXT

July 5th, 2007
ATI Petroleum (ATIP) officially listed on the NYSE/EURONEXT

At 17:00 p.m. Paris time, July 3, 2007, the securities of ATI Petroleum (a member of the ATI group) were officially listed on the NYSE/Euronext. On July 6, 2007, Europe Finance et Industrie (EFI) - a European underwriter, will ensure that ATI Petroleum will trade the necessary number of initial shares at a nominal price. [...]

Whiting Petroleum raises $193M

July 5th, 2007
Whiting Petroleum raises $193M

Whiting Petroleum Corp. said Tuesday it netted $193.9 million from a public offering of 5 million shares.
The Denver oil and gas company sold the stock at $40.50 a share. Whiting used the net proceeds to repay a portion of its debt.
Whiting granted the underwriters an option to buy another 750,000 shares at the same [...]

International Kirkland Minerals Inc.: Progress Report From Rupert River Uranium Property, Quebec

July 5th, 2007
International Kirkland Minerals Inc.: Progress Report From Rupert River Uranium Property, Quebec

International Kirkland Minerals Inc. announces the following progress report from the diamond drill program currently underway at the Company’s 900 km2 Rupert River Uranium Property (the “Property”) located in the James Bay Mining District of northern Quebec.
IKI has completed 43 holes for approximately 3,000 m of drilling with holes varying in vertical depth [...]

Mintails Announces Doubling of JORC Uranium Resources

July 5th, 2007
Mintails Announces Doubling of JORC Uranium Resources

Mintails announced today that recent drilling and testwork undertaken on the West Rand has resulted in doubling of its existing JORC Inferred Uranium (U3O8) resource from approximately 10.4m pounds to approximately 21m pounds. Of the 21m pound resource approximately 3.5m pounds of U3O8 has been upgraded from JORC Inferred to a JORC Indicated category.
Original Announcement: [...]

Mesa Uranium Retains AGORACOM To Provide Investor Relations

July 5th, 2007
Mesa Uranium Retains AGORACOM To Provide Investor Relations

Mesa Uranium Corp. is pleased to announce it has retained the services of AGORACOM to provide marketing services.
AGORACOM will be responsible for raising awareness about Mesa amongst retail investors for the purposes of attracting new and prospective shareholders. As an exclusive small-cap content provider to Yahoo Finance Canada, AOL Finance Canada and every Blackberry device [...]


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