Mawson Resources Limited announces the company has commenced proceedings to withdraw from its mineral exploration licences in Spain, and at the same time expand its uranium exploration efforts throughout Scandinavia. After a recent Board review of the Company’s uranium assets it was determined Scandinavia holds the greatest potential for further significant discoveries. In Spain, the Company...
Russell Industries, Inc., recently the Company has been asked by the general investor public, “Why should I invest in Uranium”? To follow are a few of the reasons as published in Money Week, October 7, 2007. “Security concerns over global oil supply and fears of global warming have shifted public opinion,” say analysts at Canada’s Haywood Securities, “with nuclear energy becoming an acceptable...
Russell Industries, Inc., has renewed all 255 of its Unpatented Uranium Mining Claims with the Utah Bureau of Land Management. “The Company feels that regardless of who wins the U.S. Presidential Election, the new administration will focus on evaluating additional sources of energy which will include renewed interest nuclear power plants and reactors. Therefore, it is in Russell Industries’ best...
International Beryllium Corporation is pleased to announce that it has signed a collaborative research agreement (the “Agreement”) with Purdue University (“Purdue”) to advance the university’s existing nuclear fuels research program and to develop a new type of beryllium oxide nuclear fuel that is longer lasting, more efficient and safer than current nuclear fuels. The...
Industries Inc. has completed its acquisition of the highly prospective Itigi Manyoni Uranium Property located in Tanzania. Airborne radiometric surveys have identified uranium anomalies indicating strong potential for significant uranium mineralization on VIPR’s project area. Radiometric mapping of VIPR’s newly acquired 170 kilometer Itigi Manyoni Uranium Prospect has identified anomalies...
Uranium Hunter Corporation is pleased to announce that the company’s helicopter airborne magnetic and radiometric survey, conducted by New Resolution Geophysics (“NRG”) of South Africa, has concluded. The 1000 line kilometer survey flown over the Ruhuhu Concession, which is considered one of the most promising uranium sites in the world, aimed to delineate uranium present in the...
The first consignment of uranium fuel from Russia for unit-1 of 1000 MW Kudankulam Nuclear power project-KKNPP in the southern Indian state of Tamil Nadu has reached here on Monday. Nuclear Power Corporation of India limited-NPCIL spokesperson A I Siddiqui said KKNPP, comprising of two units of 1000 MW (e) each, are at an advanced stage of completion in technical collaboration with the Russian Federation...
Brazil’s government is considering ending a state monopoly on uranium mining, Dilma Rousseff, the chief of staff of President Luiz Inacio Lula da Silva is quoted as saying in the O Globo newspaper Thursday. Private companies have already shown interest to explore Brazilian uranium deposits, among the mining giant Cia. Vale do Rio Doce (RIO), or Vale, and mining and oil exploration holding company...
Duke Energy Corp. plans to move ahead with a controversial coal-fired power project in the Blue Ridge foothills, Chief Executive Jim Rogers said Thursday after the annual shareholders meeting. After nearly two years of debate, the N.C. Utilities Commission in February approved only one of the proposed two units for Duke’s Cliffside facility, about an hour’s drive west from Charlotte. Rogers...
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...