Uranium Investing News

Pacific Bay reports strong Rare Earth Element assays

Pacific Bay Minerals reports soil and rock samples strongly anomalous in Rare Earth Elements from its Cueva del Chacho property, La Rioja province, Argentina. The Cueva del Chacho property is located approximately 70 km south-southwest of the provincial capital city of La Rioja adjacent to a major paved road. The 3,000 hectare (11.5 sq mi) Cueva [...]

Fission Intersects 4m Zone of High Radioactivity at Unconformity

Fission Energy Corp. reports its update on the Waterbury Lake project winter drill program. On January 25th, the Company reported significant anomalous radioactivity for hole WAT10-063A, the 2nd hole of a planned 20 hole program. Three additional drill holes have since been completed in close proximity to WAT10-063A, to help define the extent and geometry of the [...]

Myths about nuclear power pollute the argument

Statepress.com reports on the argument for and against nuclear power. Question: Should America turn to nuclear energy? What do you picture when you think of nuclear energy? Biohazard signs? Giant power plants billowing smoke into the atmosphere? Rusty barrels spilling glowing green goo into waterways filled with three-eyed fish and bestowing the occasional super power upon a [...]

Hathor & Forum begin drilling at Henday project, Athabasca Basin

Forum Uranium and Hathor Exploration reports that they have started their 18-hole diamond drill program on the Henday project, northern Saskatchewan. This C$1.65 million exploration program is operated by Forum and funded by Hathor, according to a Joint Venture Option Agreement executed by the two companies. A ground gravity and electromagnetic geophysical survey has also begun that will be [...]

Xemplar Intersects U3O8 Mineralization Over 52 Metres at Big Yellow

Xemplar Energy reports chemical assay results for an additional 27 drill holes from its drill program at the Big Yellow West zone, Warmbad uranium project in Southern Namibia. The 2009 drill program outlined new zones of uranium mineralization and an expanded the known zones. Xemplar Energy’s CEO, Simon Tam states: “Big Yellow West is the most advanced of the uranium [...]

Uranium’s long-term benefits

The Labradorian reports the long term benefits of uranium. Aurora Energy Resources Inc. continues its effort to demonstrate the benefits that a proposed uranium mine would hold for Nunatsiavut and the province. The exploration company recently wrapped up a round of community consultations where they presented the results of an independent economic assessment of the Michelin uranium [...]

Obama’s nuclear power policy: a study in contradictions?

CS Monitor reports US President’s recent nuclear policy in his State of Union speech.  The Department of Energy recently proposed $36 billion in new federal loan guarantees on top of $18.5 billion already budgeted – for a total of $54.5 billion. That’s enough to help fund six or seven new power plants. It’s a full-speed nuclear-power gambit that [...]

‘Nuclear renaissance’ sparks clamour for uranium

G&M reports the recent clamour for uranium has sparked the so called ‘nuclear renaissance’. It has created a scenario where there won’t be enough uranium production to meet demand over the next two decades. For complete editorial, click here.  

Nuclear renaissance could stall, Canada group says

Reuters reports the Waterloo, Ontario-based Center for International Governance Innovation says nuclear renaisssance could stall based on a 3.5 years study. “Despite some powerful drivers, a revival of nuclear energy faces too many barriers compared to other means of generating electricity,” Trevor Findlay, the report’s author, said in a statement. He argues that, despite claims in the [...]

Feds Explore Expanding Nuclear Energy

Courthouse News Service reports President Obama has given the Secretary of Energy the ‘green light’ to explore the expansion in using nuclear energy. The President wants the commission to report back to him in 18 months with a comprehensive review of policies for managing the back-end of the nuclear fuel cycle.      In a separate statement, Secretary of Energy [...]