State-controlled uranium miner Atomredmedzoloto will be in charge of developing Elkon and other deposits. The company plans to produce 10,000 tonnes a year of uranium by 2015, more than three times what it produced last year. (Reporting by Polina Devitt, writing by Robin Paxton; Editing by David Cowell) - ST PETERSBURG, Russia, June 8 - [...]

Channel Resources Ltd. reports that, based on target area dimensions and trends outlined by airborne magnetic and spectrometer survey data, the Company has extended the West Bienville Uranium Project license area in northern Quebec from 220 claims (108.2 km2) to 288 claims (141.7 km2). The south-easterly extension of the property follows a trend of uranium [...]

Uranium Resources, Inc., a uranium exploration, development, mining and production company, announced today the closing of a negotiated private placement transaction with institutional investors for shares of its common stock. The sale raised $14,304,300. The net proceeds of the offering are for the acquisition, permitting, exploration and development of additional properties in Texas and for [...]

Ogala Sioux got a lift from the U.S. Nuclear Regulatory Commission who ruled in late April that the tribe had legitimate concerns about groundwater contamination from a uranium mine, reports Indian Country Today. The mine owners, Cameco Corp. of Canada wants to expand the mine. The tribe believes that fractures in rock allow water used [...]

OJSC Priargun Mining and Chemicals Association, Russia’s biggest uranium mining enterprise, saw its net profit plummet 71.4% year-on-year in the first quarter of 2008 to 20.02 million rubles. Priargun, located in the Chita region, said in a financial statement that sales revenue rose 15.3% to 1.671 billion rubles and that costs rose more than 17% [...]

Universal Uranium Ltd. has terminated the option agreement dated February 10, 2006 with Artillery Peak Uranium Corp. Pursuant to the terms of the Agreement, the Company had the option to earn and acquire a 100% interest in Artillery Peak Uranium Corp.’s 86 lode mining claims totalling 1776.85 acres located 186 kilometres northwest of Phoenix, Arizona.
The [...]

Impact Minerals announced it has been granted exploration licences covering about 20,000sqkm in eastern Botswana, specifically to explore for deposits of uranium, in an area adjacent to known near-surface deposits of uranium mineralisation. The licences cover about 350km of the strike extensions of rocks that host deposits and prospects near the town of Serule 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 [...]

Uranium Resources, Inc. (NasdaqGM:URRE - News) (“URI”), a uranium exploration and mining company with resources in Texas and New Mexico, announced today that it has scheduled a teleconference and webcast for Monday, March 17, 2008, at 1:30 PM Eastern Time. The Company will issue its earnings release for the fourth quarter and year-end 2007 on [...]

Albidon announced its JV partner African Energy has received final assay results from the initial phase of RC drill testing of the Chisebuka uranium anomaly in the Kariba Valley JV Project in Zambia. Significant intersections include: 7m @ 445 ppm U3O8 from 11m incl. 2m @ 762 ppm U3O8 from 11m and 2m @ 642 [...]