Articles Tagged "stockpile"

Lehman Brothers sitting on a stockpile of uranium ‘yellowcake’

Guardian.co.uk reports Lehman Brothers sits on a stockpile of 450,000 lb of uranium “yellowcake” which could be used to power a nuclear reactor. Lehman’s potentially explosive asset is a hangover from a commodities trading contract undertaken before the Wall Street bank went bust in September. The substance, yellowcake, is a solid form of mined uranium which is yet [...]

Strateco Resources: $23M in cash for drilling

Strateco Resources Inc. is a mining exploration company characterized by its portfolio of uranium properties and its highly experienced management team. The Company owns 100% of four uranium mining properties and has interests in or options on four mining properties, all located in Quebec. The Company intends to aggressively pursue its exploration program, with the [...]