Vena Resources Provides Update on Uranium Discovery and Drilling and Announces Private Placement

Vena Resources Inc. announce that as the drill permitting process is in the final stages, Minergia Resources SAC, a company jointly owned by Vena and Cameco Corp., expects drilling to commence mid-November on the Macusani uranium project located in Peru’s southeastern Puno Department. The total program encompasses 11,000 meters of drilling in 71 drill holes and the first phase of this year’s... 

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International Enexco Limited Receives Drill Results on Its Mann Lake Uranium Project, Saskatchewan

Arnold Armstrong, President and CEO of International Enexco Ltd. reported that the Company has received from Cameco Corp. the remaining assay results from the 2009 winter drill program at Mann Lake. Incomplete assays from the winter program were published in an August 10, 2009 International Enexco news release. A total of 4,155 metres were drilled in six holes ranging in depth from 648m to 732m. Strong... 

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Fission Energy Corp. Promotes Ross McElroy to President and Chief Operating Officer

FISSION ENERGY CORP. announce that Ross McElroy, currently Vice-President of Exploration, has been promoted to President and Chief Operating Officer. Mr. McElroy has over 20 years professional experience in the mining industry, which include previous positions with BHP Billiton Diamonds, Cogema Canada (now AREVA), and Cameco, where he was a member of the early stage discovery team of the MacArthur... 

United Uranium Corp. Announces Land Acquisition

United Uranium Corp. announced that it has completed a property acquisition on the eastern side of the Athabasca Basin, Saskatchewan. The Cleveland Island property is located approximately 30 miles east – northeast of Hathor’s Roughrider zone. This most recent acquisition covers 987 ha of land in the Wollaston Lake area. The Company holds a 100% interest in this property. Highlights of... 

Uranium International Corp. Appoints Marek Kreczmer as President and Director of the Board

The Board of Directors of Uranium International Corp. has appointed Marek J. Kreczmer as the President/Chief Executive Officer and a member of the Board of Directors of Uranium International effective as of July 9, 2008. Mr. Kreczmer, M.Sc., P.Eng., has been a geologist and mining executive for more than 30 years. He has worked for major and emerging mining industry companies focused on uranium, base... 

Western Uranium Corporation Begins Drilling Bull Basin and Old Man Springs Targets at Kings Valley Project, Nevada

Western Uranium Corporation is pleased to announce drilling has started on the regional uranium targets: Bull Basin and Old Man Springs on the Kings Valley Project, Nevada. To expedite the program and accommodate permitting of a large number of drill sites, the core drill program is being helicopter assisted. One core rig is currently on-site and drilling, with the second rig scheduled to arrive within... 

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Nebraska Tribe Fights Uranium Miners

Ogala Sioux got a lift from the U.S. Nuclear Regulatory Commission who ruled in late April that the tribe had legitimate concerns about groundwater contamination from a uranium mine, reports Indian Country Today. The mine owners, Cameco Corp. of Canada wants to expand the mine. The tribe believes that fractures in rock allow water used in mining to mix with drinking water resulting in higher cancer... 

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 from Kazakhstan, South Africa and the United States. Uranium... 

CanAlaska Primed for a Big Uranium Discovery in Athabasca

With the spot price of uranium rising at exponential rates, uranium miners are flying high following decades of depressed prices and little new mine development or exploration activity. Shares of Denison and Energy Metals Corp. umped 5% last week following rumours that they were on the acquisition radars of Cameco and France’s Areva, two of the world’s largest uranium miners. When it comes... 

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Cameco Says Net Falls, Forecasts Uranium Sales Gain

Cameco Corp., the world’s largest uranium producer, said first-quarter profit fell 47 percent from a year earlier, when utilities stocked up on the metal. Cameco forecast higher sales in the second quarter. Net income fell to C$59 million ($53 million), or 16 cents a share, from C$112 million, or 30 cents, a year earlier, Saskatoon, Saskatchewan-based Cameco said in a statement. Sales fell 25...