Peru Plans to Become Major Uranium Producer in 5 to 6 Years
Mining Weekly reported that Peru has the potential to become a major producer of uranium when exploration company Macusani Yellowcake will begin its production from the Macusani Plateau.
Articles Tagged "Macusani Yellowcake"
Uranium Spot Prices Dip, but Outlook Strong
This week, the uranium spot price fell 50 cents, to $43 per pound U3O8; however, the market is anticipating higher prices down the road.
Macusani Yellowcake Corrects Drill Results
Macusani Yellowcake Inc. (TSXV:YEL,FWB:QG1) reported updated drill results reported on January 24, 2013. A miscalculation for the grade of a 2 meter intersection (from 49.0m) on Borehole PT-QB32-TNW was corrected.
Uranium Spot Price Slips into New Year, but Higher Prices Coming
Both industry experts and market watchers are confident that uranium spot prices will begin to rise this year as nuclear power plants are constructed and commissioned around the world.
Uranium Market Volatility Hasn’t Eroded Positive Long-term Outlook
Although volatility still hangs over the market, bullish sentiment from most industry analysts dominates any discussion of uranium’s long-term outlook.
Macusani Yellowcake Finds Considerable Peruvian Results
Mining Weekly reported that Macusani Yellowcake (TSXV:YEL), a Uranium exploration and development company, released a statement on on Monday saying it has discovered high grade intersections from its flagship Kihitian Property, located in southeastern Peru.
Uranium Spot Prices Heading into Seasonal Slump
Industry analysts expect a seasonal slowdown in uranium spot market activity as we approach the holidays.
Macusani Yellowcake Positive on Review and Interpretation of Southern Andes Data
Macusani Yellowcake (TSXV:YEL,FWB:QG1) reviewed the Southern Andes database and concludes that the significant uranium mineralization can be developed, and it has the potential to produce sizeable mineral resources and enable us to reach our 2013 corporate resource target of 55 to 65 million pounds of uranium. The Company also announced continued drilling of three target areas with five drills: three on Kihitian to test the Quebrada Blanca and Chilcuno Chico anomalies, and two at Tupuramani (a new target) to test the extension of the Colibri 2 and 3 anomalies.
Macusani Yellowcake Intercepts New Near-Surface High-Grade Uranium on the Kihitian Property
Macusani Yellowcake (TSXV:YEL,FWB:QG1) assayed multiple new high-grade intersections from the ongoing drilling program at the Quebrada Blanca anomaly on its Kihitian Property in south-eastern Peru.
Macusani Yellowcake Subsidiary Awarded CONACO International Award for the Best Company of the Year
Global Gold S.A.C., the Peruvian subsidy of Macusani Yellowcake Inc. (TSXV:YEL,FWB:QG1), has been awarded the "CONACO International Award for the Best Company of the Year."
