Uranium Hunter Corporation is pleased to announce that the company’s helicopter airborne magnetic and radiometric survey, conducted by New Resolution Geophysics (”NRG”) of South Africa, has concluded. The 1000 line kilometer survey flown over the Ruhuhu Concession, which is considered one of the most promising uranium sites in the world, aimed to delineate uranium [...]

Sen. John McCain, the presumed Republican nominee, wants to award a $300 million government prize to whoever can develop an automobile battery that far surpasses existing technology. That’s about $1 for every man, woman and child in the country, “a small price to pay for helping to break the back of our oil dependency,” [...]

President Bush urged Congress to lift its long-standing ban on offshore oil and gas drilling, saying the U.S. needs to increase its energy production. Democrats quickly rejected the idea.
“There is no excuse for delay,” the president said in a statement in the Rose Garden. With the presidential election just months away, Bush made a pointed [...]

Economist Jeffrey Sachs said the U.S. and European Union should reconsider their emphasis on biofuels made from crops grown on land that had previously been used to produce food. Speaking to reporters before an address to EU lawmakers, Sachs said targets to produce more such fuels “do not make sense now in a global food [...]