United Uranium Corp. announced that it has completed a property acquisition on the eastern side of the Athabasca Basin, Saskatchewan. The Cleveland Island property is located approximately 30 miles east - northeast of Hathor’s Roughrider zone. This most recent acquisition covers 987 ha of land in the Wollaston Lake area. The Company holds a [...]

Ogala Sioux got a lift from the U.S. Nuclear Regulatory Commission who ruled in late April that the tribe had legitimate concerns about groundwater contamination from a uranium mine, reports Indian Country Today. The mine owners, Cameco Corp. of Canada wants to expand the mine. The tribe believes that fractures in rock allow water used [...]

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 [...]

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 [...]

Ever wonder who the top uranium miners are? Here are top 10 uranium-producing countries by tonnes U, and the top 5 uranium miners by market capitalization. You’ll notice some interesting relationships in the country data, and may recognize a name or two in the market cap section. These are just some ideas to get [...]

SXR Uranium One Inc. agreed to buy UrAsia Energy Ltd. for $3.1 billion, to form the world’s second- largest uranium producer as rising demand for nuclear fuel drives prices to records.
SXR, owner of South Africa’s largest undeveloped uranium deposit, offered C$7.05 ($6.01) a share in stock for Vancouver- based UrAsia, which owns uranium mines in [...]

Rio Tinto PLC scrapped a deal with sxr Uranium One Inc., deciding instead to keep its U.S. uranium assets and signalling a significant shift in attitude toward the radioactive metal by one of the world’s largest mining companies.
London-based Rio Tinto entered into exclusive negotiations in July to sell its Sweetwater uranium mill and Green Mountain [...]

Merrill Lynch & Co. raised its 2008 uranium price forecast by 78 percent, citing delays in new mine output and increased demand for the fuel from nuclear reactors being built in China and India.
Uranium for immediate delivery may average $75 a pound in 2007 and $80 in 2008, Merrill said in a Dec. 8 report. [...]

Cameco Corp. Chief Executive Officer Jerry Grandey says some investors in the world’s largest uranium producer mistakenly expect its shares to perform like other energy companies.
“They just treat all energy equally — uranium, oil and gas,” Grandey, 60, said yesterday in an interview in New York. “It’s silly because the markets are completely disconnected.”
Shares of [...]

Cameco Corp. says it is laying the groundwork for an expected boom in uranium demand from China, as the Chinese and Canadian governments pursue talks that would facilitate Canadian exports to the nuclear weapons state.
But Canada is lagging Australia, its main competitor in the uranium exporting business, which signed a deal earlier this year with [...]