Archive for the " uranium " Category

Denison Forecasts Uranium Sales of 1.8 Million Pounds U3O8, Cash Flow from Mining Operations of $19.5 Million and Business Development Investments of $16.7 Million in 2010

January 26th, 2010

Denison Mines Corp. (TSX: DML) (NYSE Amex: DNN) (”Denison” or the “Company”) announces that its 2010 operating plan and budget is expected to result in the sale of 1.8 million pounds of U3O8, operating cash flow from mining activities of $19.5 million and net cash flow of $1.0 million after the investment of $16.7 [...]

Uranium Tumbles

January 19th, 2010

Industry consultant TradeTech’s weekly spot price indicator for yellow cake has tumbled more than 1.5% during the week ending on Friday. TradeTech puts the blame on a “combination of offers from aggressive sellers and limited, largely discretionary, demand”.
TradeTech’s U3O8 spot price indicator now stands at US$43.75/lb, US75c (1.69%) lower than the week prior.
The consultant registered [...]

Highly Enriched Uranium Withdrawn From Turkey

January 14th, 2010

The last notable amount of highly enriched uranium in Turkey has been withdrawn and shipped back to the United States as part of Washington’s global effort to prevent terrorists from acquiring nuclear material, the National Nuclear Security Administration said yesterday (see GSN, Sept. 15, 2009).
To remove the final 11.9 pounds of uranium from Turkey, the [...]

Uranium may be last chance for prosperity

January 14th, 2010

So at last Freddie Ingram comes to his senses and supports uranium mining?
Did you notice that he did this one day after voting in favor of banning uranium mining within 25 miles of the Mega-Park-a distance that includes Coles Hill?
Still, it’s wonderful that Mr. Ingram understands the potential benefits of this billion-dollar project if it [...]

ERA reports falls in uranium production

January 14th, 2010

The latest production report from uranium miner Energy Resources Australia (ERA) has shown that the company’s production fell 30% when compared to the same period last year.
Darwin-based ERA produced 1,140 tonnes of uranium oxide in the December 2009 quarter, which also represents a 19% drop from the September quarter.
Much of the decline was attributed to [...]

Uranium Resources, Inc. Receives Expected NASDAQ Notification Regarding Bid Price

January 13th, 2010

LEWISVILLE, Texas - (Business Wire) Uranium Resources, Inc. (NASDAQ: URRE) (URI), today announced today that it has received notice, as expected, from The NASDAQ Stock Market (”NASDAQ”) stating that for 30 consecutive business days the bid price for the Company’s common stock has closed below the minimum $1.00 per share as required by Marketplace [...]

Ur-Energy Updates its Hauber Project With Bayswater Uranium

January 13th, 2010

Ur-Energy Inc. announces Bayswater Uranium Corporation (TSX VENTURE: BYU)(”Bayswater”) has completed a National Instrument 43-101 (”NI 43-101″) technical report for Ur-Energy’s wholly-owned subsidiary Hauber Project LLC (the “Hauber Project”). Ur-Energy and Bayswater completed a venture agreement in December 2009 by which Bayswater, as an earn-in member of the venture, may earn a 75% interest [...]

Mega Uranium Provides Update on Canadian Exploration

January 13th, 2010

Mega Uranium Ltd. (TSX:MGA) (”Mega”) is pleased to provide an update on its exploration programs in Canada.
CENTRAL MINERAL BELT - LABRADOR
Bruce River
Geological mapping focused on advancing two areas within the Bruce River property, the Noseman showing and the Anderneill boulder field. The Bruce River property is being explored through a joint venture with Virginia Energy [...]

Crossland Uranium, Pancontinental Uranium Provide Exploration Update On Chilling And Charley Creek Projects In Northern Territory

November 12th, 2009

Crossland Uranium Mines Limited (Crossland Uranium) and its joint venture partner, Pancontinental Uranium Corporation, have provided an update on progress with exploration on their flagship Chilling and Charley Creek projects in Northern Territory. The program of air core drilling has been completed at the Buchanan Window at the Chilling project. A diamond drill is [...]

Denison Mines Corp. Reports Third Quarter Results

November 12th, 2009

Denison Mines Corp. (”Denison” or the “Company”) (TSX: DML)(NYSE Amex: DNN) today reported its financial results for the three months and nine months ended September 30, 2009. All amounts in this release are in U.S. dollars unless otherwise indicated. For a more detailed discussion of our financial results, see management’s discussion and analysis (”MD&A”), [...]