|
|

In the hunt to secure uranium supplies and a strong position in the uranium market, several key players are establishing a presence on the African stage.

Wednesday, June 24, 2009
While uranium production is expected to fall short of demand by 2015, identified minable uranium resources are projected to increase 10 to 15 percent this year spurred by renewed interest in the uranium market.

Tuesday, June 16, 2009
With hopes of mitigating its political risks in Kazakhstan, Uranium One has aligned with Russia’s state-owned uranium company, ARMZ. And Japan might be home to the world’s first underwater uranium farm.

Tuesday, June 9, 2009
Many analysts in the mining industry believe the political risk in Kazakhstan is bound to negatively affect the uranium mining sector at least in the short term. Nevertheless, with the uranium supply/demand fundamentals leaning more to the demand side the uranium-rich nation is key to maintaining the global aboveground uranium supply.
Fri, Jul 3, 2009
Ucore Uranium reports that it has arranged a non-brokered private placement of up to 15.0 million units at $0.20 per unit, for maximum gross proceeds of $3,000,000. The net proceeds of the financing will be used to advance exploration on the Company’s properties, focusing on the Company’s Bokan Mountain property, and for general working capital. The financing is [...]
Thu, Jul 2, 2009
Seeking Alpha(EDITORIAL) reports Uranium One’s comeback. It seems that Uranium One has raised the stakes. They entered into an agreement to purchase half of another uranium mine in Kazakhstan, which will increase the company’s production in 2010 by 35%. In exchange for this ownership stake, Uranium One will issue 117 million shares and US$90 million to [...]
Thu, Jul 2, 2009
Energy Fuels Inc. reports the completion of merger with Energy Fuels and Magnum Uranium Corp., effective June 30, 2009. As previously reported, this transaction provides Energy Fuels with significantly more resource to develop for mill feed at the Company’s Pinon Ridge mill, and more cash to develop the mill and mines. Energy Fuels’ President & CEO, George Glasier says: ”We [...]
Thu, Jul 2, 2009
TradeTech reports a new mid-term uranium oxide (U3O8) price indicator on June 30, 2009. “The Mid-Term U3O8 Price Indicator applies to transactions where deliveries begin immediately beyond the 12-month spot delivery window and occur within one to two years from that point, as either stand-alone agreements or as part of longer-term contracts,” said TradeTech President Treva Klingbiel. [...]

Conferences and Trade Shows: For more information on the uranium market and companies, add the U2009 Global Uranium Symposium conference May 9-13, 2009 in Keystone, CO to your calendar. Other shows include: Cambridgehouse, IIC, Chicago Resource Expo
The Uranium Investing Glossary: This glossary covers investing in junior resource companies. For the experienced investor or the newbie, you should find everything you need here. If not, let us know and we’ll research and add what you’re looking for.
u3o8.biz Database of Uranium Companies/Uranium Stocks: A comprehensive list of uranium companies including: Trading Symbol, Share Price, Market Cap, Resource, Land Holdings, and Market Cap / U3O8 lbs
ResponsibleMiner.com is a new web site with a wiki for mining companies and suppliers can discuss best practices in the mining industry. Also, check for profiles of companies doing great things to improve mining best practices.
Tuesday, June 30, 2009
2 Comments