Avanti Mining Inc. (CNQ: AVMI) (”Avanti”) is pleased to announce a Canadian Institute of Mining, Metallurgy and Petroleum (CIM) compliant resource estimate for the Kitsault Molybdenum Mine, located in British Columbia. At a 0.04% Mo cut-off grade, this estimate contains an Indicated Mineral Resource of 158 million tonnes grading 0.10% Mo, containing 348 million pounds [...]

POWERTECH URANIUM CORP. is pleased to announce that at the Company’s Annual General Meeting of the shareholders (the “Meeting”) held on July 15, 2008, the Company’s shareholders approved the re-election of its current directors, being Richard F. Clement, Jr., Wallace M. Mays, Thomas A. Doyle, Douglas E. Eacrett, Greg C. Burnett and Malcolm F. Clay, [...]

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 [...]

Baffinland Iron Mines Corporation announces several additions to the Baffinland team charged with advancing the Company’s world class Mary River iron ore deposits to development. Since Rod Cooper, P. Eng., Vice President Operations and COO, and Rob Chausse, C.A., Vice President and CFO, joined the Company in March 2006, Baffinland management has successfully recruited additional [...]

The National Energy Board has released some of the conditions that could be attached attached to any approvals that it may issue for the proposed Mackenzie gas project.
The federal agency issued a list of 46 conditions that must be met by Imperial Oil Resources Ventures Ltd. relating to the proposed Mackenzie Valley pipeline or its [...]

Bayswater Uranium Corporation is pleased to report that final assays from its 2006 program in the Central Mineral Belt, Labrador have now been received and results include a grab sample from a biotitic shear zone on the Kanairiktok Bay Prospect that assayed 6.9% U3O8 and have confirmed the discovery of two new uranium mineralized [...]

Independent Nickel Corp. is providing an update on the Company’s activities at the Lynn Lake Nickel mine Property.
With the completion of recent financings, the Company is now funded to begin a large scope exploration program at the Lynn Lake nickel mine. The Company has signed a contract for 20,000 metres of diamond drilling with Foraco [...]

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 [...]

Uranium prices surged 7 percent to a record after Cameco Corp., the world’s largest supplier, said a flood at an unfinished mine in Canada will delay initial shipments of the nuclear fuel by at least a year.
Uranium rose to $60 a pound from $56 in a weekly posting by Ux Consulting Co., said Eric Webb, [...]

Stornoway Diamond Corporation (”Stornoway”) (TSX:SWY.TO) is pleased to announce that it will make an offer to acquire all of the outstanding shares of Ashton Mining of Canada Ltd. (”Ashton”) (TSX:ACA.TO). Concurrent with the Ashton offer, Stornoway will also make an offer to acquire all of the outstanding shares of Contact Diamond Corporation (”Contact”) (TSX:CO.TO).
The successful [...]