Cameco Corporation announced it is suspending uranium hexafluoride (UF6) production at the company’s Port Hope plant.
As previously announced, a contract dispute between Cameco and its sole supplier of hydrofluoric acid (HF) has resulted in unreliable and expensive deliveries of this material necessary for the production of UF6. The dispute remains unresolved and Cameco has exhausted [...]

Cameco Corporation reported a modest increase in water inflow to a development area of the McArthur River uranium mine. Production areas were not impacted.
“The inflow is only about 10% of our total capacity to pump water out of the mine,” said Tim Gitzel, Cameco’s chief operating officer. “We have prepared for just such events and [...]

Golden Dory Resources announce that is has acquired 376 additional claims at its 100% owned (3135 claim, 78,375 ha) Burin Project in southern Newfoundland, and that Phase 2 airborne radiometric, magnetic and electromagnetic surveys have commenced. The Burin project is host to newly discovered uranium mineralization hosted within the St. Lawrence Granite and includes recently [...]

Wealth Minerals Ltd. announce final results from the initial exploration program on its 100%-owned Macusani properties in Puno district, southeast Peru.
Results from 35 prospecting samples confirm the discovery of two new uranium showings (Figure 1). Assays from 22 samples collected from the westernmost ‘Radiante’ showing averaged 0.35 lbs/ton U3O8 (0.015% uranium) and ranged from below [...]

Cameco Corporation announced it has formed a strategic alliance with Govi High Power Exploration Inc. (GoviEx) and acquired an approximate 11% interest in the company for $28 million (US).
GoviEx is a closely held exploration company formed in 2006 with uranium exploration assets in Niger, Africa. The company holds about 2,300 square kilometres of exploration [...]

Cameco Corporation reports that remediation work at the No.1 Shaft at its Cigar Lake uranium project was temporarily suspended today after an increase in the rate of water inflow to the mine was observed.
“Remediation and dewatering of the No. 1 Shaft had been progressing smoothly up to this point,” said Tim Gitzel, Cameco’s chief operating [...]

Cameco Corporation announced today that it has completed the acquisition of a 70% interest in the Kintyre uranium exploration project in Western Australia for $346.5 million (US).
A joint venture comprised of Cameco (70%) and Mitsubishi Development Pty Ltd (30%) purchased the Kintyre project from Rio Tinto for $495.0 million (US) through a bidding process. Cameco [...]

The Board of Directors of Uranium International Corp. has appointed Marek J. Kreczmer as the President/Chief Executive Officer and a member of the Board of Directors of Uranium International effective as of July 9, 2008.
Mr. Kreczmer, M.Sc., P.Eng., has been a geologist and mining executive for more than 30 years. He has worked for major [...]

Consolidated Abaddon Resources Inc. and Triex Minerals Corporation are pleased to announce that alteration and geochemical anomalies are confirmed by the recently completed, first pass drill program on the Mann Lake uranium property, eastern Athabasca Basin, Saskatchewan. The hunt is now on, and follow-up drilling is planned for 2007.
Eastern Athabasca Basin Claims Map: [...]

Forum Uranium and Global Uranium Commence Drilling at Orchid Lake Vancouver, British Columbia - Forum Uranium Corp. (FDC: TSX-V) is pleased to announce the commencement of a 1,500 metre (m) drill program on Forum’s 100% owned Orchid Lake Uranium property, located 20 kilometres (km) west of the Key Lake Mine/Mill Complex in the prolific Athabasca [...]