Strathmore Minerals Corp. is pleased to update progress on its uranium mill and tailings design and studies being carried out by the Company for its uranium projects in northwestern New Mexico. The Company and its Joint Venture partner, Sumitomo Corporation of Japan, have made considerable progress in the evaluation of designing and identifying the optimal [...]

Rep. Marilyn Musgrave sent a letter Tuesday asking atomic energy regulators to consider water quality as they decide whether to allow uranium mining in Larimer and Weld counties.
Musgrave, R-Colo., said she’s heard from residents concerned about water quality as a Canadian company prepares to prospect for uranium near the town of Nunn.
Powertech Uranium Corp. last [...]

Global Uranium Corp. and Forum Uranium Corp. are pleased to announce that nine holes comprising of 1,140 metres of drilling have been completed on the Orchid Lake project.
The targets on the Orchid Lake property are shallow, basement-hosted, unconformity-type uranium deposits. The project is located 20 kilometres west of the Cameco/AREVA Key Lake Uranium Mill [...]

SXR Uranium One Inc. agreed to buy UrAsia Energy Ltd. for $3.1 billion, to form the world’s second- largest uranium producer as rising demand for nuclear fuel drives prices to records.
SXR, owner of South Africa’s largest undeveloped uranium deposit, offered C$7.05 ($6.01) a share in stock for Vancouver- based UrAsia, which owns uranium mines in [...]

Forum Uranium Corp. is pleased to announce that more than 28 line kilometres of electromagnetic conductors have been delineated by an airborne survey on the 111,564 hectare Key Lake Road uranium property in the Athabasca Basin, northern Saskatchewan. During the 2006 summer exploration program, Forum discovered uranium mineralization on surface grading up to 1.82% [...]

RIO Tinto Energy America has changed its mind about selling its Sweetwater uranium mill and associated assets in Wyoming after significant changes in the worldwide market for uranium in the past six months.
Since July, the uranium price has risen 60% to $72/lb.
The price accelerated after October because of flooding at Cameco’s developing uranium mine at [...]

Wyoming-based U.S. Energy Corp. and Crested Corp., doing business as USECC, said Monday that sxr Uranium One Inc. has exercised its right to extend by three months its option to buy uranium assets from the companies.
Uranium One, based in Toronto and with offices in South Africa and Australia, has [...]

Rio Tinto PLC scrapped a deal with sxr Uranium One Inc., deciding instead to keep its U.S. uranium assets and signalling a significant shift in attitude toward the radioactive metal by one of the world’s largest mining companies.
London-based Rio Tinto entered into exclusive negotiations in July to sell its Sweetwater uranium mill and Green Mountain [...]

It’s the new Texas gold run — the search for uranium.
Just a pound of it brings top dollar on the market and could help to wean the United States off its foreign oil dependence. However, opponents say it could threaten the environment around San Antonio.
The exploration is on in South Texas, fueled by a 700 [...]

An exploration company is drilling for uranium on a largely unexplored side of Lisbon Valley, near Moab, where a penniless geologist discovered one of the richest ore bodies in the United States a half-century ago.
“I’m betting everything I have on Lisbon Valley,” said Clive Massey, president of Universal Uranium [...]