Cameco Announces Kyrgyz Parliamentary Ratification of Agreement

Cameco Corporation, one of the world’s largest uranium producers announced that the Kyrgyz Parliament has ratified the agreement that Cameco and Centerra Gold Inc. signed with the Kyrgyz government that is described in Cameco’s April 24, 2009 news release. In addition, the Kyrgyz Parliament has passed legislation authorizing the implementation of all of the terms of the agreement. The legislation... 

Cameco Temporarily Suspends UF6 Production in Port Hope

Cameco Corporation announced it is suspending uranium hexafluoride (UF6) production at the company’s Port Hope plant. As previously announced, a contract dispute between Cameco and its sole supplier of hydrofluoric acid (HF) has resulted in unreliable and expensive deliveries of this material necessary for the production of UF6. The dispute remains unresolved and Cameco has exhausted the inventory... 

Cameco Reports Modest Increase in Water Inflow to McArthur River Mine

Cameco Corporation reported a modest increase in water inflow to a development area of the McArthur River uranium mine. Production areas were not impacted. “The inflow is only about 10% of our total capacity to pump water out of the mine,” said Tim Gitzel, Cameco’s chief operating officer. “We have prepared for just such events and it is being well managed. To prevent rumours,... 

Golden Dory/540 Capital Expands Property Position and Commences Phase 2 Airborne at Burin Project

Golden Dory Resources announce that is has acquired 376 additional claims at its 100% owned (3135 claim, 78,375 ha) Burin Project in southern Newfoundland, and that Phase 2 airborne radiometric, magnetic and electromagnetic surveys have commenced. The Burin project is host to newly discovered uranium mineralization hosted within the St. Lawrence Granite and includes recently announced (see news release... 

Bayswater Initiates Drilling Program at Brudell Lake Project in Athabasca Basin

Bayswater Uranium Corporation report that diamond drilling has commenced at the Brudell Lake Project located in the Athabasca Basin of Saskatchewan. Drilling is designed to test high priority uranium targets identified by the Company’s air and ground surveys, one of the largest surveys ever conducted in the Athabasca Basin, that identified five high priority favourable conductive zones each ranging... 

Uranerz Announces Sale of Mongolian Property Interests

Uranerz Energy Corporation announce that the Company and its joint venture partner, Bluerock Resources Ltd., have completed the sale of 100% of their Mongolian joint venture project to Jindal Steel & Power (Mauritius) Limited for an aggregate gross sales price of U.S. $2.6 million (the “Divestiture”). The Mongolian joint venture assets, transferred by means of a subsidiary sale of... 

Tag: mongolian mining interests, uranium mines for sale, rollinghills resources llc mongolia, areva mongolia uranium licenses

Wealth Discovers Outcropping Uranium Mineralization on its Macusani Project, Puno District, Southeast Peru

Wealth Minerals Ltd. announce final results from the initial exploration program on its 100%-owned Macusani properties in Puno district, southeast Peru. Results from 35 prospecting samples confirm the discovery of two new uranium showings (Figure 1). Assays from 22 samples collected from the westernmost ‘Radiante’ showing averaged 0.35 lbs/ton U3O8 (0.015% uranium) and ranged from below... 

Tag: wna uranium conversion tons to lb, uranium macusani

Uranerz ISR Mining License Application Accepted for Detailed Review by Wyoming Department of Environmental Quality

Uranerz Energy Corporation announce that the Wyoming Department of Environmental Quality (“WDEQ”) has deemed the Company’s application to build and operate an in-situ recovery (“ISR”) uranium mine “complete” and the WDEQ review process can now move to the next stage. The next stage includes a detailed technical and environmental review of the application and... 

Cameco Acquires Uranium Exploration Interest in Niger

Cameco Corporation announced it has formed a strategic alliance with Govi High Power Exploration Inc. (GoviEx) and acquired an approximate 11% interest in the company for $28 million (US). GoviEx is a closely held exploration company formed in 2006 with uranium exploration assets in Niger, Africa. The company holds about 2,300 square kilometres of exploration property in the region around Arlit, Niger,... 

Tag: acquisition of uranim from niger, govinex uranium, goviex uranium govind, goviex uranuim, gabon potash exploration

Cameco Reports Update on Dewatering at Cigar Lake

Cameco Corporation reports that remediation work at the No.1 Shaft at its Cigar Lake uranium project was temporarily suspended today after an increase in the rate of water inflow to the mine was observed. “Remediation and dewatering of the No. 1 Shaft had been progressing smoothly up to this point,” said Tim Gitzel, Cameco’s chief operating officer. “An inflow at this rate is...