Uranium Investing News

Alpha Minerals Announces $6.95 million Summer Drill Program for Patterson Lake South

Pia Rivera — Tue, 21 May 2013 14:53:49 +0000

Alpha Minerals Inc. (TSXV:AMW,FWB:E2GA), together with JV partner Fission Uranium Corp. (TSXV:FCU), reported that a $6.95 million summer and fall drill program has been set for their Patterson Lake South property on the southwest side of Saskatchewan's Athabasca Basin.

Russian Uranium Production to Hit 64 Million Pounds by 2020

Heather Wright — Tue, 21 May 2013 11:27:43 +0000

The Bullion Vault reported that, given Russia's dominance in both the supply and conversion sectors of the uranium market, some believe that Putin is aggressively trying to corner the market, as he announces plans to ramp up production.

Study Shows that Toro’s Wiluna Project Faces Tough Road Ahead

Heather Wright — Tue, 21 May 2013 11:20:31 +0000

ABC News reported that Toro Energy's Australian uranium mine may be up against a number of economic challenges.

Emerging Market Demand to Buoy Uranium Prices

Heather Wright — Mon, 20 May 2013 17:55:16 +0000

Money Morning reported that, given the demand in emerging markets for uranium, there is an expectation that uranium prices will rebound.

Majescor Resources Closes Non-Brokered Private Placement

Heather Wright — Mon, 20 May 2013 17:48:16 +0000

Majescor Resources Inc. (TSXV:MJX) announced that it has completed a non-brokered private placed for gross proceeds of $100,000.

JV Contract Awarded for Swakop’s Namibian Project

Heather Wright — Fri, 17 May 2013 12:11:39 +0000

Mining Weekly reported that Tenova Bateman’s sub-Saharan Africa division has been awarded the JV contract for Swakop Uranium's Namibian project.

Zadar Ventures Ltd Acquires PNE Project, Adjoining Fission Uranium

Heather Wright — Fri, 17 May 2013 12:02:36 +0000

Zadar Ventures Ltd. (TSXV:ZAD) announced that they have entered into an agreement through which they will acquire a 100% interest Patterson Northeast Uranium project, in the Western Athabasca basin.

Zadar Ventures Acquires Uranium Project Near Fission Uranium’s Patterson Lake North

Vivien Diniz — Thu, 16 May 2013 18:26:06 +0000

Zadar Ventures (TSXV:ZAD) has entered into a purchase agreement to acquire a 100% interest in the Patterson North Uranium project, a 7,744 hectare property located in the Western Athabasca basin. The project has road access to Fission Uranium’s (TSXV:FCU) recently optioned Patterson Lake North Project. As quoted in the press release: The PNE Project is [...]

Alpha Minerals Reports Broad Uranium Mineralization at Shallow Depth at PLS

Pia Rivera — Thu, 16 May 2013 13:42:58 +0000

Alpha Minerals Inc. (TSXV:AMW,FWB:E2GA) and JV partner Fission Uranium Corp. announced assay results from another nine holes from the R00E zone at its Patterson Lake South Property. The results show a continuous area of broad uranium mineralization at shallow depth.

Fission Uranium: High Grade Uranium in Athabasca Basin

Vivien Diniz — Thu, 16 May 2013 11:30:41 +0000

Uranium Investing News had a chance to talk to CEO Dev Randhawa about the company and the uranium market.