Geovic Mining Corp. announced the appointment of Conrad B. Houser to the position of Senior Vice President, as well as President of Geovic Energy Co., a wholly-owned subsidiary.
Mr. Houser has more than 25 years experience in international mining activities, including project management, strategic planning, finance, administration, mine design, environmental permitting, compliance, and marketing. Additionally, as [...]

Oriental Minerals Inc. is pleased to announce the grant of three uranium exploration and mining licenses known as Daejeon 80 (Reg. No. 77073), Geumsan 81 (Reg. No. 77072) and Goisan 116 (Reg. No. 77074) in the Ogcheon region of South Korea.
These are the second set of uranium licenses granted to a foreign company in South [...]

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 [...]

Techsnabexport, Russia’s state-run nuclear exporter, said Friday it has signed a cooperation agreement with Renova Group to set up joint ventures as part of a joint investment project to prospect and develop uranium deposits in Africa and Asia.
Russia has been looking to increase its presence on the world nuclear fuel market, but has encountered resistance, [...]

Uzbekistan will start supplying low-enriched uranium for Japanese power stations in 2007, a uranium mine chief said in remarks broadcast Friday.
About 300 tons of low-enriched uranium will be exported in 2007 to Japan via trading company Itochu Corp., Nikolai Kucherskii, the director of the state-owned Navoi mining complex, said in televized comments.
In late August, former [...]

Uranium prices may gain as Japan, South Korea, India and the United Kingdom build more nuclear reactors to meet rising energy demand, Merrill Lynch & Co. said.
Uranium for immediate delivery may average $43 a pound this year, Vicky Binns and Daniel Hynes said in a July 12 report. This is 8 percent higher than Merrill’s [...]