In consideration of the ongoing uncertainty in the uranium and securities markets, Energy Fuels has taken a number of steps to reduce its rate of spending. Energy Fuels’ capital preservation strategy is being implemented to ensure that the Company will be in place with strong, developed assets, ready to catch any significant upswing in the [...]
Forsys Metals Corp and George Forrest International Afrique S.P.R.L. announce that they have entered into a definitive agreement pursuant to which GFI will effectively acquire, by way of a court-approved plan of arrangement, all of the outstanding common shares of Forsys on the basis of CAD$7.00 per share in cash for each common share [...]
Sparton Resources Inc. announce that its 60% owned Chinese joint venture company , Yunnan Sparton New Environ Tech Ltd. has signed a Letter of Intent with the Fourth Institute of Nuclear Engineering for the final engineering design and construction of a bulk sampling plant to finalize a production flowsheet for processing uranium bearing waste coal [...]
Golden Phoenix Minerals, Inc. announced that in response to the sharp reduction in demand and price for molybdenum worldwide, the Ashdown molybdenum mine in Humboldt County, Nevada has been placed on care and maintenance with a significant reduction in force until further notice.
The Ashdown mine produces molybdenum concentrate which is roasted to the oxide form [...]
Largo Resources Ltd. announced that it has received additional results for ten (10) additional drill holes that are part of the recently completed drill program of 38 holes totalling 11,500 metres at the Company’s Northern Dancer Tungsten-Molybdenum property in the Yukon.
These down-dip and in-fill holes continue to upgrade and expand the limits of the higher-grade [...]
North American Gem Inc. announce that the Company has received an additional 98 Coal Prospecting Permits from Saskatchewan Energy and Resources, near the most recent coal discovery by Goldsource Mines Inc. . This now brings the total to 433 Coal Prospecting Permits covering an area of 906,748 acres (366,948 hectares) that have been approved by [...]
Volta Resources Inc. report assay results from twelve out of 15 holes drilled on the Dienemera target located on the Malba permit at Gaoua. The drilling is part of the 39-hole, 11,306 meter diamond drilling program recently completed at Volta’s Gaoua copper-gold porphyry project in southern Burkina Faso, West Africa where results continue to confirm [...]
Enbridge Energy Partners, L.P. announced a non-binding Open Season for additional firm capacity on its Enbridge Pipelines (Midla), L.L.C. subsidiary’s interstate natural gas transmission ‘Midla’ pipeline system. The Midla system is a 170-mile, 22-inch diameter low-pressure pipeline spanning Louisiana and Mississippi from the Perryville Hub area at the north end of the system to [...]
Raytec Metals Corp. announces the receipt of its remaining exploration permits issued from the government of Saskatchewan for the Company’s KP455, KP466, KP467 and KP468 potash permits, located in central Saskatchewan.
The KP455, KP466, KP467, and KP468 potash exploration permits grant the Company the right to explore approximately 89,643 acres of prospective potash ground contiguous with [...]
Sarissa Resources, Inc., announce that a contract has been arranged for an initial fall diamond drill program on its Lake Nemegosenda Carbonatite property. The property comprises approximately 4800 acres (1800 patented, and 3000 contiguous acres staked in 2008) in Northern Ontario. The property is easily accessible off of Highway 101 between Timmins and Chapleau, [...]
