Jim Paterson, CEO and director of Kivillaq Energy, discusses the significant progress and successes at the company’s Angilak uranium exploration property in Nunavut Territory, Canada.
Articles Tagged "Canada"
The uranium spot price plunged $1.35 this past week, to $40.90 per pound, as a lack of market activity and reports of new problems with Chinese imports prompted sellers to lower offer prices
Mining Weekly reported that Uranium One announced the appointment of Grier Colter as its new executive vice president and chief financial officer, and will take the place of Graham du Preez.
Lakeland Resources Inc (TSXV:LK) announced that it has acquired 2 uranium projects within the northern part of the Athabasca Basin through staking.
Mining Weekly reported that Uranium One, which is currently in the process of being privatized by its largest shareholder, ARMZ, reported a fourth quarter net loss of $68.8 million after writing down its Mantra Resources investment.
Ongoing problems at the disaster-stricken Fukushima Daiichi nuclear power plant aren’t helping Japanese citizens' perceptions of nuclear power’s safety.
Reuters reported that Cameco Corp has started its uranium concentrate shipment to China. In 2010, the company signed a deal to supply China Nuclear Energy Industry Corp with 23 million pounds of uranium concentrate by 2020.
Reuters reported that Uranium One shareholders have approved the offer made by Russian uranium company ARMZ to take it private, in which the latter has agreed to pay C$1.3B.
Uranium spot prices may be stuck in a slump post-Fukushima, but the nuclear power industry is showing signs of recovery.
Reuters reported that Canada does not have plans to alter its policy on foreign ownership of uranium mines, according to Natural Resources Minister Joe Oliver.