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 born out of South African mining stalwart...
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...
SXR Uranium One Inc. said on Friday that it expects uranium processing, production and market delivery to start within two months from its Dominion Reefs mine in South Africa. ADVERTISEMENT The company on Friday announced the mine’s first production of ammonium diuranate, a slurry that contains uranium and is processed for the final U3O8 product, also known as yellowcake. “Through our partnership...
East Asia Minerals Corporation reports drill confirmation of a laterally extensive in-situ leach uranium environment at its 100% owned Ooshin Govi Property in southeast Mongolia. The drilling intercepted a thick sequence of uranium bearing sands and has validated the continuation of the same radiometric anomaly that extends south from the adjacent Compagnie Generale des Matieres Nucleaires (AREVA)...