CNBC reported Areva (EPA:AREVA) saw revenues decline 2.6% in 2011 after a uranium mining disaster, change in leadership and global uranium price drop.
Mining Weekly reported Namibia has approved the acquisition of Extract Resources (ASX:EXT,TSX:EXT) by Taurus Minerals if Kalahari Minerals (LSE:KAHA) accepts the bid.
Mining Weekly reported Deep Yellow (ASX:DYL) says it will stay focused on uranium despite it’s recent iron ore discovery at the Shiyela project.
Purepoint Uranium Group Inc. (TSXV:PTU) it has started a uranium exploration program for Rio Tinto (NYSE:RIO) at the Red Willow project.
Purepoint Uranium Group Inc.(TSXV:PTU) announced the commencement of its 2012 exploration program at its Red Willow project, Saskatchewan.
Reuters reported Areva (EPA:AREVA) is bogged down by crisis as it is investigated for corporate spying and the Uramin deal is announced a failure.
Globe and Mail reported uranium miners are still waiting for a rebound in the industry despite the recent surge in stocks as investors cautiously return.
Paragon Report announced uranium stocks are surging lately as the uranium market rebounds.
Mesa Exploration Corp. (TSXV:MSA) announced that they will commence drilling at their 100% owned Moonshine Springs uranium project, Arizona. The new drill program will test for extensions of the known mineralized system.
Mineweb reported Thomas Drolet, a nuclear expert, says the current uranium supply has at most three years before it runs out.
Mining Weekly reported Western Australia’s Mark McGowan has announced a shift in the region’s uranium mining ban relaxing the rules.
Globe and Mail reported investors are still waiting for uranium stocks to rebound after plummeting in March 2009 following an earthquake in Japan.
Greenland Minerals (ASX:GGG) announced results of the 2011 drilling at Zone 2 on the northern Ilimaussaq complex. Results continue to deliver broad, high‐grade intercepts of REE‐uranium mineralisation — clearly shaping up as a significant deposit, and is anticipated to lead to a substantial increase in the project’s overall resource base.
Forbes reported uranium stocks have surged 30% over the past year with another recent jump up on speculation Iran is buying yellowcake.
SMH reported Western Australia’s future uranium miners are pleased with recent changes in Labor policy, but still face uncertainty.
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Thu, Jan 26, 2012