U308 Acquires Calypso Uranium, Strengthens Land Position in Argentina
Mining Weekly reported that U308 Corp has signed an agreement to purchase all of the shares of Calypso Uranium, a move that would strengthen its land position in Argentina.
Mining Weekly reported that U308 Corp has signed an agreement to purchase all of the shares of Calypso Uranium, a move that would strengthen its land position in Argentina.
U308 Corp. (TSX:UWE, OTCQX:UWEFF) announced that it has signed a joint venture agreement with Avocet Resources Limited to explore U308's 100% owned Sierra Cuadrada Project, which is located in Argentina.
An extremely destructive storm in Kazakhstan led to a temporary suspension of uranium mining in the Sozak region.
Germany's views on the nuclear renaissance may have flipped, but nations like China, France, Argentina, Bangladesh and even oil-rich Saudi Arabia are staying the course.
Pacific Bay Minerals Ltd. (TSXV:PBM) announced results from a trenching and sampling program at the July uranium project in Argentina.
Globe and Mail reported another Canadian miner has left Argentina when Cameco (TSX:CCO,NYSE:CCJ) announced it is ending a joint venture project in the South American country.
Blue Sky Uranium (TSXV:BSK,FSE:MAL) announced an update for its shareholders on its uranium district in Argentina.
Wealth Minerals Ltd. (CVE:WML,OTCQX: WMLLF) is a junior exploration and development company with a focus on uranium and rare earth elements in Argentina. Wealth has the opportunity to acquire a 100% interest in the rare earth deposit, Rodeo de los Molles. The Company also owns sole interest in the Bororo Nuevo project, an under-explored, sandstone-hosted uranium basin.
Argentina's electric power generation currently employs uranium-based nuclear power generation for 6.8 percent of its capacity; however, the government expects that to rise to 21.1 percent by 2025. The goal is for nuclear power to be part of an expansion in generating capacity to meet rising demand. Since 2003, Argentina has increased its total power generation capacity by about 30 percent to 24,000 megawatts.
By Melissa Pistilli-Exclusive to Uranium Investing News While the current global economic recession may have soured investor enthusiasm for the commodities sector, there are signs pointing toward a strong recovery in the uranium mining industry. With the growth in populations and economies around the world comes an ever-increasing demand for electricity; yet, many are also [...]
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