Pancontinental Uranium Corporation report that an aggressive diamond drilling program using modern day exploration technologies will now test historical uranium discoveries made in Northern Territory, Australia in the 1980’s by global resources giants Mobil Energy Minerals Australia and Total Mining Australia Pty. Ltd..
A drill rig has now been allocated to an intensive diamond core program [...]
Legend International Holdings, Inc. with phosphate projects in the State of Queensland, Australia, announces that drilling has commenced at the D-Tree project which forms part of its Queensland phosphate landholdings, and has substantial historically delineated phosphate projects.
The drilling at D-Tree will be a mixture of reverse circulation and diamond core drilling and the Company plans [...]
PetroHunter Energy Corporation announced that it has entered into binding agreements with Falcon Oil & Gas Ltd. under which PetroHunter will sell and assign to Falcon an undivided 25% working interest in PetroHunter’s five Buckskin Mesa wells (and the applicable spacing units) in Rio Blanco County, Colorado (the “Five Wells”), which have been drilled but [...]
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 [...]
Uranium Oil and Gas announced that it has applied for four exploration permits in the McArthur Basin region in the Northern Territory, a Proterozoic area which has shown significant potential for oil shale and conventional hydrocarbon resources. RPS Energy, an acknowledged Oil & Gas industry consultancy firm, has identified 32 separate areas within these three [...]
Legend International Holdings, Inc, with phosphate projects in the State of Queensland, Australia, announces that it has entered into a long term offtake and supply agreement for a minimum of 3 million tonnes annually of concentrated rock phosphate from its Lady Annie project in Queensland, Australia, with Indian Farmers Fertiliser Cooperative Limited (“IFFCO”). Legend and [...]
Energy Resources of Australia (ERA) Ltd, which produces 10 per cent of the world’s uranium, expects reduced production in the second quarter after flooding at its main pit restricted access to higher grade ore.
The stock declined nearly two per cent after ERA said the average grade of uranium oxide during the second quarter was expected [...]
Territory Resources announced today it has committed to spend $25 million over the next two years with the aim of substantially expanding its high grade resource base and extend mine life at the Frances Creek iron ore project.
Territory Resources Chairman Michael Kiernan said the Company was focused on delivering a steady increase in production at [...]
A uranium mining company says the sharemarket uncertainty could affect future investment in exploration in the Northern Territory.
Toro Energy says it’s not feeling the impact of the current crisis as a company because the price for uranium is holding firm and it has money for current projects.
But the company’s managing director Greg Hall says it [...]
Jeremy Caddy, President of Aldershot Resources Ltd., is pleased to announce that drilling has commenced at its Yuinmery Uranium Project, located 480km northeast of Perth.
Yuinmery has an historical resource of 1,288,000 lbs of contained uranium (see below) but needs redrilling to establish a National Instrument #43-101 compliant resource. The Company advises that a qualified person [...]
