| Australia slides down list of uranium exporters - Monday, June 15, 2009The uranium industry says Australia has slipped down the rankings of the world's biggest producers and that is threatening its position as an exporter. Industry leaders told a conference in Darwin they were determined to pressure governments to remove more barriers to the expansion of... [read more...] |
| More negative voices at latest uranium hearing - Monday, June 15, 2009Saskatchewan's public consultations on uranium development rolled into a major oil town, Lloydminster, where many people talked about nuclear energy and emphasized their opposition to such energy. Lloydminster, a border community with residents from Alberta and... [read more...] |
| Cameco still has room to run - Thursday, May 14, 2009Shares of Cameco Corp. have more than doubled since bottoming out late last year, but BMO Capital Markets analyst Edward Sterck is still bullish. He initiated coverage of the stock with an "outperform" rating and a price target of $35.00 a share. "Cameco's leading role in... [read more...] |
| Research Report of Chinese Nuclear Power Industry - Thursday, May 14, 2009The energy demands and energy saving & emission reduction are the double pressures for the fast development of Chinese economy. The nuclear power, however, is the most competitive solution to change Chinese energy structures and meet the energy demands. By the end ... [read more...] |
| Uranium mining: After safety, what’s next? - Thursday, May 14, 2009The Virginia Coal and Energy Commission’s Uranium Mining Subcommittee meets next week in Richmond to mull a proposed final draft of a study that would determine whether uranium can be mined and milled safely in the commonwealth. But even if the draft — which addresses... [read more...] |
| Uracan to Benefit from Return of the Uranium Bull - Tuesday, May 12, 2009Uranium is going to be in short supply in the not-so-distant future, according to a report issued recently by Toronto-based Salida Capital Corp. And that's going to give a boost to uranium explorers like Uracan Resources Ltd., (TSX.V:URC), who have established pounds in the... [read more...] |
| Opposition urges Federal intervention - Tuesday, May 12, 2009The Federal Opposition says the Rudd Government needs to override state bans on uranium mining and create new jobs. The Federal ALP overturned its own 'no new uranium mines' policy prior to winning government and is actively promoting the industry and its exports... [read more...] |
| Expect uranium spot price of US$60 or $70 a pound - Tuesday, May 12, 2009The spot price of uranium will climb its way back up to US$60 or $70 a pound over the next year as increasing demand and dwindling supply overcome the effects of the global financial crisis, says Denison Mines Corp. (TSX:DML) CEO Peter Farmer. Like most commodities, the price of... [read more...] |
| Survey of World's Leading Mining Executives - Monday, May 11, 2009In an international report released this week by Canada's Bedford Consulting Group - one of the leading executive search and recruitment firms for the mining industry - 130 mining executives from around the world reveal for the first time their economic priorities as they look... [read more...] |
| India to receive uranium from Kazakhstan - Monday, May 11, 2009India could soon receive up to 2500 tonnes of uranium from Kazakhstan as an agreement in this regard is set to be signed between the two sides by the month-end. Nuclear Power Corporation of India Limited (NPCIL) and Kazatomprom are holding talks and a contract for... [read more...] |
| Uranium Development Consortium Formed - Monday, May 11, 2009Anglo Canadian Uranium Corp. (TSX-V: URA)(the "Company") is pleased to announce it has entered into an agreement tobring southwestern United States uranium exploration properties and a state of the art mill project to the market place as a consolidated uraniumresource play... [read more...] |
| Uranium mining a hot issue -- again - Tuesday, March 24, 2009The province's handling of uranium mining brings to mind Homer Simpson's approach to operating a nuclear power plant. And the stumbles could get expensive for taxpayers, if a disgruntled company does well in court. Uranium mining brings a classic clash of... [read more...] |
| Denison Management Change - Tuesday, March 24, 2009Denison Mines Corp. reports that at the Annual Meeting of Shareholders on April 30, 2009, Mr. E. Peter Farmer will step down as Chief Executive Officer and as a Director of the Company. Candidates to replace Mr. Farmer have been identified and a search for other candidates has... [read more...] |
| Future still bright for metals sector - Monday, March 16, 2009The metals sector may be a bit tarnished these days, but it still has a bright future once the economy recovers, says the CEO of Metals Economics Group in Halifax. "We’re still at the point where some producers can still make money by really tightening their belts," Michael Chender said... [read more...] |
| Australia to quadruple mining of uranium - Monday, March 16, 2009As recession looms large on it due to the global economic slowdown, Australia plans to quadruple the mining of uranium to step up its export amid speculation that Labour government may modify its policy of not selling the yellow cake to non-signatories of NPT, including... [read more...] |
| B.C. government moves to ban uranium - Monday, March 16, 2009The B.C. government has issued a retroactive cabinet order to ban permits for uranium and thorium exploration and development in the province. The ban has already set off a multi-million dollar lawsuit against the provincial government. The order dates back to April 2008, around the... [read more...] |
| Cameco may need to raise more equity - Monday, March 16, 2009Thanks to the credit crisis, Cameco Corp. sees an opportunity to take advantage of undervalued and underfunded miners. However, some consider these plans too lofty, unless it decides to tap the market for more capital. Jerry Grandey, the CEO of the world’s largest... [read more...] |
| New nuclear watchdog 'breath of fresh air - Thursday, February 26, 2009Saskatchewan Premier Brad Wall is praising the new federal nuclear regulator as a "breath of fresh air" who will help speed burdensome project licensing. Wall, speaking to the annual trade show of Canada's nuclear industry, positioned himself as perhaps the most... [read more...] |
| Radiometric map to help explorers - Wednesday, February 25, 2009EXPLORERS will have a head-start in the search for radioactive minerals and geothermal prospects throughout Australia thanks to new data. Launched at the Adelaide Convention Centre during a technical conference, the data is contained in a map created by Geoscience Australia... [read more...] |
| U.S. Nuclear Renaissance Should Produce Chain Reaction - Wednesday, February 25, 2009Now that the $787 billion stimulus package has been signed into law, newly appointed Energy Secretary Steven Chu does not want to waste time doling out about $18.5 billion in funds earmarked as loan guarantees to assist in the construction of America's first... [read more...] |
| Laymen's guide to investing/speculating in junior miners - Tuesday, February 24, 2009I get all kinds of requests generated by my website, mostly via email, some in person, some via phone. Most are from people I don’t know and they usually solicit information. Most of those inquiries I welcome and am glad to offer opinions freely, such as espousing my views on... [read more...] |
| Investor's hunger for yellowcake remains - Tuesday, February 24, 2009So three years ago, when your columnist expressed reservations about the heady valuations ascribed to the most rag-tag uranium explorers, he felt as popular as the parent pouring the confiscated alcopops down the sink. Your columnist was vindicated. Apart from a brief... [read more...] |
| Rio Tinto to explore uranium in Jordan - Tuesday, February 24, 2009Jordan on Monday inked a preliminary deal with the British-Australian mining giant Rio Tinto group on uranium exploration, said a senior energy official. Under the MoU, the mining giant will help the exploration of different areas of Jordan for uranium, thorium and zirconium, said... [read more...] |
| Wall's speech criticized - Tuesday, February 24, 2009Premier Brad Wall should be discussing the prospect of nuclear power and further uranium development at home before touting his government's plans in Ottawa, the NDP says. The Saskatchewan Party premier is scheduled to deliver a speech about "how the province plans to... [read more...] |
| Uranium still has a few bright spots - Monday, February 23, 2009WITH the heady days of the uranium boom of 2007 long gone, the market is not exactly awash with talk about yellowcake. There is more day-to-day interest in metals that are performing very well (gold) or those that are doing so poorly that miners are making... [read more...] |
| U.S. Nuclear Renaissance Should Produce Chain Reaction Of Growth - Monday, February 23, 2009Now that the $787 billion stimulus package has been signed into law, newly appointed Energy Secretary Steven Chu does not want to waste time doling out about $18.5 billion in funds earmarked as loan guarantees to assist in the construction of America's first new... [read more...] |
| No crisis, enough nuke fuel for 40 years: CAG - Friday, February 20, 2009In what could trigger a fresh war of words between the government and the Left parties, an independent official survey on the country's estimated uranium reserves has revealed that the nuclear fuel stocks are enough to meet India's fuel supply for the next 40 years. An audit on the... [read more...] |
| Baker Lake hunters, elders oppose uranium mine - Friday, February 20, 2009Joan Scottie was on the front lines 20 years ago when the community of Baker Lake said an historic "no" to uranium mining - and she's still fighting the same battle today. But this time, key Inuit organizations have switched sides. "I'm frustrated with our aboriginal organizations,"... [read more...] |
| How long will the world's uranium supplies last? - Friday, February 20, 2009Steve Fetter, dean of the University of Maryland's School of Public Policy, supplies an answer: If the Nuclear Energy Agency (NEA) has accurately estimated the planet's economically accessible uranium resources, reactors could run more than 200 years at current rates of... [read more...] |
| Seeking 'flexibility,' Cameco issues new shares - Thursday, February 19, 2009Representing the first major equity offering from a non-gold mining company in several months, uranium giant Cameco Corp. is raising $400-million in a bought-deal financing. The Saskatoon-based company will issue 23.1 million shares at a price of $17.25 each. A syndicate of... [read more...] |
| Uranium renaissance – someday - Thursday, February 19, 2009The recent nuclear sub collision may be an illustration of the nuclear industry – all dressed up in the latest technology but unable to surface. Investors are more than a little impatient. Two years ago I wrote that I was selling my “ portfolio basket “ of uranium stocks – all the... [read more...] |
| Energy security calls for a continental vision - Tuesday, February 17, 2009When President Barack Obama arrives in Ottawa on Thursday, he will be invited to join Canada in the development of a North American partnership on energy and the environment. Yet recent developments in the U.S. energy industry reduce the urgency for such an... [read more...] |
| Japanese consortium buys in to Uranium One - Tuesday, February 17, 2009 A Japanese consortium has bought a 20% stake of Canada's Uranium One international mining business, which holds rights to mines in Kazakhstan, the USA, South Africa and Australia, for CAD270m (JPY 20.2bn). The consortium consists of Japanese utility the... |
| Uracan: Politically safe, financially secure - Thursday, February 12, 2009The art of buying low and selling high is picking up stocks in the bottom of cycles to which their products are subject. Currently, uranium is at the bottom of a broad market sell-off that would appear to be ending, and so its time to look at opportunities in the sector where... [read more...] |
| New Energy: Nuclear Deals Mushroom in India - Thursday, February 12, 2009On February 2, India signed an agreement with the International Atomic Energy Agency (IAEA) allowing United Nations oversight of 14 of its 22 civilian reactors by 2014. Considering the amount of brouhaha the original Indo-U.S. nuclear deal had caused -- it nearly brought down the... [read more...] |
| Chatham mulls updating uranium resolution - Wednesday, February 11, 2009The towns of Hurt and Gretna have passed resolutions on uranium mining this month, and now Chatham is mulling a resolution of its own to replace the previous one the town passed a year ago. Chatham Mayor George O. Haley said he wants to bring the town’s resolution up to... [read more...] |
| NBers still concerned over uranium - Wednesday, February 11, 2009Uranium exploration in the Metro Moncton area is all but dead and buried, according to high-ranking officials in the Department of Natural Resources. But roughly one year after the public backlash over uranium exploration hit a fever pitch, the implementation of tougher regulations and... [read more...] |
| Research & Markets: Analysis of World's 3rd Biggest Uranium Supplier - Tuesday, February 10, 2009Research and Markets has announced the addition of GlobalData's new report "Production Targets to Increase Investments in Kazakhstan's Uranium Mining Industry" to their offering. Kazakhstan is the world's third largest uranium supplier only after Canada and... [read more...] |
| Uranium's next frontier: Niger - Monday, February 09, 2009Lured by the promise buried in its vast desert, Canadian mining companies are pouring into Niger, undeterred by the growing risks of doing business in the West African country. Despite the mysterious kidnapping of two Canadian diplomats late last year, Niger is attracting a... [read more...] |
| Russia to Supply India With First Uranium Since Nuclear Ban - Friday, February 06, 2009Russia will become the first supplier of nuclear fuel to India since a club of uranium producers lifted a three-decade ban on sales to the south Asian country. A unit of Rosatom Corp., Russia’s holding company for all nuclear assets, will sign a contract with... [read more...] |
| Economic downturn means uranium companies face huge challenge - Wednesday, February 04, 2009While the current financial credit crisis and market correction "are of great concern to management," Strathmore Minerals maintains "our core business strategy of focusing on bringing production on-stream in the coming years for our key projects is still the... [read more...] |
| Canada's n-industry sees deals worth billions with India - Saturday, January 24, 2009The Canadian nuclear industry has welcomed the signing of a memorandum of understanding (MoU) with India to resume nuclear trade between the two countries after three decades, saying it could result in deals worth billions of dollars. The MoU was signed by the... [read more...] |
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