Archive for the ‘Uranium Mining’ Category

Nuinsco Begins Uranium Exploration, Schedules Drilling at Prairie Lake

December 3rd, 2006
Nuinsco Begins Uranium Exploration, Schedules Drilling at Prairie Lake

Nuinsco Resources Limited announced that it has begun a uranium exploration program at its 100% owned Prairie Lake property in northwestern Ontario. Prairie Lake hosts a near-surface historic (non-NI-43-101-compliant) resource of over 180,000 tonnes grading 0.09% U3O8 reported by Nuinsco in the 1970s. Surface exploration has begun and samples have been collected in preparation for [...]

Goodrich Petroleum Offers $125 Million Notes in Public Offering

December 3rd, 2006
Goodrich Petroleum Offers $125 Million Notes in Public Offering

Shares of oil and gas explorer and producer Goodrich Petroleum Corp. on Friday dropped more than 4 percent, after the company offered $125 million in notes to help pay down current debt.
Shares of Goodrich Petroleum dropped $2, or 4.6 percent, to $41.96 in afternoon trading on the New York Stock Exchange.
Net proceeds will be used [...]

Navajo Nation hosts uranium summit

December 3rd, 2006
Navajo Nation hosts uranium summit

Some 300 people from more than a dozen countries have gathered here for the Indigenous World Uranium Summit, and Navajo officials hope to join forces with them to keep the sprawling reservation off-limits to future uranium mining.
President Joe Shirley Jr. said during his welcoming address Thursday that the job of protecting land, water and people [...]

Cameco anticipates boom in uranium demand from China

December 1st, 2006
Cameco anticipates boom in uranium demand from China

Cameco Corp. says it is laying the groundwork for an expected boom in uranium demand from China, as the Chinese and Canadian governments pursue talks that would facilitate Canadian exports to the nuclear weapons state.
But Canada is lagging Australia, its main competitor in the uranium exporting business, which signed a deal earlier this year with [...]

Resource firm hoping for uranium mine start

December 1st, 2006
Resource firm hoping for uranium mine start

A major resource company says a uranium mine could open in north-west Queensland as early as 2010.
Summit Resources hopes the federal Labor Party will relax its policy ban on new uranium mines at its national conference next April.
Managing director Allan Eggers told a mining conference in Mount Isa, the region’s uranium deposits could generate up [...]

CanAlaska to Undertake Uranium Exploration with Fond du Lac First Nation

December 1st, 2006
CanAlaska to Undertake Uranium Exploration with Fond du Lac First Nation

CanAlaska Uranium Ltd., www.canalaska.com, is pleased to announce that it has entered into an option agreement with the Fond Du Lac Denesuline First Nation to undertake uranium exploration on its reserve lands. The Fond Du Lac lands are located on the northern rim of the Athabasca Basin in Saskatchewan, Canada and covers 38,458 hectares (95,030 [...]

A-Cap unlocking Botswana uranium potential

November 22nd, 2006
A-Cap unlocking Botswana uranium potential

Botswana may be on the way of joining the ranks of uranium producing countries following the announcement by Australian company, A-Cap Resources Ltd, Tuesday of calcrete hosted uranium mineralization at Mokobaesi, north of the capital Gaborone.
The Mokobaesi uranium prospect lies in the vicinity of diamond company Debswana’s Lethlakane mine in an area whose uranium mineralization [...]

Ezulwini Will Be a Cornerstone of First Uranium

November 22nd, 2006
Ezulwini Will Be a Cornerstone of First Uranium

ONE of the cornerstones of the planned $300m development of the assets of First Uranium, which Simmer & Jack plans to list in Toronto, will be its Ezulwini gold and uranium mine.
This mine, known formerly as the Randfontein Number 4 Shaft, is one that previous owners have tried, and failed, to mine economically since the [...]