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 explorer Brinkley Mining saw its shares rise sharply as it confirmed it had received an early stage bid approach.
“The company notes the movement in its share price today and confirms that it has received an approach which might lead to an offer being made for its shares,” it said in a brief statement.

The South Dakota Water Management Board has approved new rules for injection wells for uranium mining operations proposed for the Black Hills region.
The water board approved the rules Thursday after listing to public testimony the previous day.
State environmental officials say it will be at least two years before any mining begins.

March 26, 2008) - Red Hill Energy reported today that further to the December 21, 2007 news release, a National Instrument 43-101 report and assay results have been received by the company on its very significant Chandgana Khavtgai coal project. All three of Red Hill Energy’s coal resources are now National Instrument 43-101 compliant as [...]

Wave Uranium announced the addition of Robert Horton to its Advisory Board. Wave’s Advisory Board is comprised of members that are mining and mineral exploration veterans with extensive experience in the Colorado Plateau Region and the uranium industry in general. Wave’s newest advisor will review and advise the Company on current and potential uranium [...]

Lea County Commissioners have approved economic incentives for a company that is considering building a $2 billion uranium enrichment factory in southern New Mexico.
Local officials hope the incentives will help them as they prepare to make a final pitch next week to Areva Inc. Areva Inc., a subsidiary of Paris-based Areva, also is mulling possible [...]

A statement released by Australia’s Areva SA which is the world’s leading nuclear-plant builder revealed that the company is planning to double uranium production in five years, Bloomberg reported.
The statement further revealed that the company will form a joint venture with Technip SA that will invest $4.7 billion in mining. Technip and Areva will create [...]

Andrews is raising the stakes in its fight for AREVA, a uranium enrichment plant.
The City made the list of top five potential sites and is now offering a very enticing incentive which includes a job creation grant, help with employee training and relocating. As well as tax abatement, which means AVENA won’t have to pay [...]