Advanced Explorations Inc. announce that it intends to strengthen its Roche Bay Project in Nunavut with the addition of an iron nugget plant. Following the lead of Steel Dynamics Inc. (”SDI”) and others, AEI plans to utilize the MIDREX/Kobe Steel ITmk3® Process to produce “pig iron” nuggets which are higher in grade (~98% Fe) and [...]

Urex Energy Corporation reports that the Company has discovered a new zone of uranium mineralization on the Company’s Cerro Solo Plateau Target in Argentina. The new uranium zone yielded a peak uranium value of 10.0 lbs of eU3O8 per ton (0.42 eU%) which occurs within an intercept of 2.24 meters grading 3.18 lbs eU3O8 per [...]

The uncovering of significant uranium bearing samples from trenching conducted by previous operators has led Callinan Mines (TSX VENTURE: CAA) to option 1,581 acres of ground near Snow Lake, Manitoba.
Historic channel samples on the “Dion Lake” claims returned grades of up to 1.7% U3O8 over 3-4 meters. Representative chip sampling from the property returned grades [...]

Canada’s oil-soaked sands are hot while natural gas drilling has cooled, illustrating the long-term nature of one business and shorter-term vulnerability to price swings of the other, analysts say.
“The economic life associated with these projects is measured in years, if not decades, as opposed to a 45-day gas well in Canada,” said Bill Herbert, co-head [...]

Enterra Energy Trust announces that a cash distribution of US$0.06 per trust unit will be paid on February 15, 2007 in respect of January 2007 production. This reduction from the distribution of US$0.12 per unit paid in each of the last six months is consistent with Enterra’s policy of maintaining a conservative payout ratio in [...]

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 [...]

The newly published Mining Information Kit for Aboriginal Communities should be required reading for any mining stakeholder, institutional or retail investor, NGO, regulator, journalist, hedge fund, student, academic, or any exploration or mining professional who has any interest in or dealings with the international mining industry.
While the goal of the kit is to increase the [...]