Sparton Resources Inc. (CVE:SRI) reports its implementation to improve and upgrade the safety and health aspects of its Huajun germanium operations, China. The safety upgrade and health program is currently underway and has been planned so as to enable development operations to continue unimpeded. For complete news release, click here.
Rockgate Capital Corp. (TSE:RGT) reports its assay results from recently completed step-out and exploration diamond drill holes in the Plateau Edge structure. Table 1 highlights some of the high uranium grades encountered along the PES, including 1.55% and 1.21% U3O8 over 2 metres in both DF-226 and DF-227. For complete news release, click here.
Denison Mines (TSE:DML, AMEX:DNN) it will hold a telephone conference with a webcast presentation at 10:00 am Eastern Daylight Time on Friday, August 6, 2010 to discuss financial results for the quarter ending June 30, 2010. Please call in 5-10 minutes before the conference starts and stay on the line (an operator will be available to [...]
Uranium North Resources Corp. (CVE:UNR) reports Mallery Lake exploration program is underway. The Company’s phase 1 exploration program is designed to identify high priority drill targets for an anticipated 5 to 10 hole phase 2 drill program planned to start in early August. Work to be carried out includes prospecting, rock chip sampling and soil sampling over [...]
Energy Fuels Inc. (TSE:EFR) reports the closing today of a non-brokered private placement financing. Highlights- Gross Proceeds: $3,080,000 in Canadian Funds Offering: Non-brokered private placement of 19,250,000 shares Offering Price: $0.16 per common share Use of Proceeds: Advancement of the approval of the Piñon Ridge Mill License Application, and overall business plan objectives. For complete news release, click here.
Forsys Metals Corp reports statement of not being aware of any material undisclosed development that would cause recent movements in it’s share price. The Company confirms that, further to its press release on March 9, 2010, it is continuing to work with its financial advisors Morgan Stanley & Co. Limited (“Morgan Stanley”) to review strategic options for [...]
Bloomberg.com reports the Australian uranium producer, Paladin Energy Ltd moved up for a third day after saying a unit of Canada’s Uranium One Inc. increased its holding to about 3 percent. Paladin Energy advanced as much as 4.8 percent to A$4.14. The shares have gained about 11 percent since the company said April 30 that Uranium One’s subsidiary, Cheetah [...]
Fission Energy Corp & KEPCO Consortium, joint partner report on the assay results from five holes, which were previously drilled as part of a step-out program, at the J-Zone of the Waterbury Lake project in Athabasca Basin, Saskatchewan. “Overall, these vertical step-out drill holes have demonstrated continuity of high grade mineralization and exceptional widths trending to the [...]
NBbusinessjournal reports on the uranium sector and its recent price drop. The quest for uranium in the province has taken a nose dive as negative public attitudes and some restrictive regulations have sent exploration firms packing, research and company officials say. Only two companies have done exploration work in the province over the past couple [...]
Bloomberg.com reports Canada’s 17-year run for being the biggest uranium producer ends. Global output rose to 132 million pounds of uranium oxide concentrate, up 16 percent from 2008, with Kazakh production accounting for 80 percent of the increase as new mines started up, the Roswell, Georgia-based company said in a report yesterday. For complete news, [...]
Monday, August 9, 2010