Uranium One Announces Extension of Subscription Agreement with Japanese Consortium

Uranium One Inc., one of the world’s largest publicly traded uranium producers with a globally diversified portfolio of assets located in Kazakhstan, the United States, South Africa and Australia announced the extension to December 15, 2009 of its subscription agreement of February 9, 2009 with a corporation formed by The Tokyo Electric Power Company, Incorporated, Toshiba Corporation, and The... 

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Golden River Resources Takes Placement in Canadian Company Acadian Mining Corp

Golden River Resources Corporation announced that it has reached agreement with Acadian Mining Corporation to subscribe in a private placement transaction for up to 338,111,334 common shares in Acadian for aggregate gross investment of up to C$10 million. The Offering is contemplated to close in two or more tranches. Following closing of all tranches, Golden River will hold 68.45% of Acadian. The... 

Uranium One Announces C$270 Million Financing and Formation of Strategic Relationship with Japanese Consortium

Uranium One Inc. said that it has entered into a subscription agreement with a corporation formed by The Tokyo Electric Power Company, Incorporated, Toshiba Corporation, and The Japan Bank for International Cooperation providing for the private placement of an aggregate of 117,000,000 common shares of Uranium One, for gross proceeds of approximately C$270 million. Concurrently with the execution of... 

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Rio Tinto Reaches Agreement to Sell Potash Assets and Brazilian Iron Ore Operation

Rio Tinto has signed definitive agreements to sell its undeveloped potash assets, largely comprising the Potasio Rio Colorado (PRC) potash project in Argentina, and its Corumbá iron ore mine in Brazil and the associated river logistics operations in Paraguay to Vale, the Brazilian mining company, for a total cash consideration of US$1.6 billion. Completion of the Corumbá transaction remains subject... 

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Delta Uranium Signs Option to Acquire 60% Interest in the Deer Lake Basin Uranium Project, Western Newfoundland

Delta Uranium Inc. announce that it has entered into an option agreement with Spruce Ridge Resources Ltd. pursuant to which Delta has been granted the option to acquire a undivided 60% ownership interest in the Deer Lake Basin Uranium Project. Upon completion of the option, Delta will enter into a joint venture agreement with Spruce Ridge for the remaining 40% interest. Deer Lake Basin Uranium Project The... 

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Uranium One Completes Australian Joint Venture Transactions with Mitsui

Uranium One Inc. and Mitsui & Co., Ltd. of Japan announced that all regulatory approvals required to close the joint venture transactions previously announced on October 15, 2008 have been obtained. Mitsui has now acquired a 49% interest in the Honeymoon project and Uranium One’s Australian exploration portfolio including the Goulds Dam and Billeroo projects, and other prospective tenements... 

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U3O8 Corp. Granted Access to Previously Drilled Core in the Roraima Basin to Accelerate Exploration Strategy

U3O8 Corp., a Canadian uranium exploration company, announce that the Guyana Government has granted U3O8 Corp’s wholly-owned subsidiary, Prometheus Resources Inc., access to core from 41 bore holes, totalling approximately 10,000 metres, that were drilled through the Roraima Basin in Guyana in the mid-1990’s. 31 of these 41 holes lie within U3O8 Corp’s exploration permit areas, with... 

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A$17.8 Million Recommended Takeover Offer by Paladin Energy Ltd for Fusion Resources Limited

Paladin Energy Ltd and Fusion Resources Limited announce that Paladin intends to make an off-market scrip takeover offer for Australian and Toronto Stock Exchange listed minerals exploration company Fusion. This announcement was made after close of trading on the ASX. The consideration under the Offer will comprise 1 fully paid ordinary Paladin share for every 6 fully paid ordinary Fusion shares,... 

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Uranium One Provides Update on Kazakhstan Operations

Uranium One’s assets in Kazakhstan consist of a 70% interest in the Betpak Dala LLP joint venture, which owns and operates the Akdala uranium mine and the South Inkai uranium project, and a 30% interest in the Kyzylkum LLP joint venture, which owns and operates the Kharasan uranium project. Uranium One is pleased to report that it received in November a dividend of US$40 million (net of Kazakh... 

Extract Resources – Rossing South continues to return wide, high grade zones of uranium mineralisation

Extract Resources, a Uranium exploration company with projects in Namibia, Africa, today announced more wide zones of high grade uranium mineralization, at Rossing South. Chemical assay results from Reverse Circulation (RC) drilling continue to confirm the continuity of alaskite hosted uranium mineralization. The grades returned are particularly high for this style of primary, granite hosted uranium...