The spot price of uranium continues to slump, but that is not stopping uranium heavyweight Cameco from scouring the globe for more projects. The start up of Japan's nuclear reactors is also creating bullishness on the part of uranium analysts.
Mining Weekly reported Strathmore Minerals (TSX:STM) will sell 13.9% of its shares to Korea Electric Power Corporation (NYSE:KEP) for $8 million.
EBR reports Strathmore Minerals(PINK:STHJF) and Korea Electric Power Corporation (NYSE:KEP) to develop Gas Hills uranium properties in Wyoming, US.
Strathmore Minerals Corp.(CVE:STM) reports an update on the progress on its Roca Honda uranium development project, Grants Mineral District, New Mexico. This property is held by Strathmore and Sumitomo Corp of Japan under their jointly owned subsidiary, Roca Honda Resources LLC (“RHR”). Strathmore believes Roca Honda represents one of the largest and highest grade proposed uranium [...]
Strathmore Minerals Corp. reports that it has completed SEDAR-filed an independent National Instrument 43-101 Technical Report for the Marquez uranium property, New Mexico. The Marquez Property, which comprises 14,501 acres, is located in the eastern part of the Grants Mineral Belt in Northwestern New Mexico. It was extensively explored with 384 drill holes completed during the 1970s, [...]
Strathmore Minerals reports Scott Wilson Roscoe Postle Associates Inc. has been contracted to prepare a Bankable Feasibility Study to evaluate the overall project economics of the proposed Roca Honda, New Mexico. The Roca Honda property is located in the eastern part of the Grants Mineral Belt in New Mexico. This project, which is held by Strathmore and Sumitomo [...]
Strathmore Minerals reports it has arranged a non-brokered private placement financing to sell approximately C$8.25 million in common share units at a price of C$.55 per common share unit. Each Common Share Unit comprises one common share and one-half common share purchase warrant. One full warrant purchases one common share at C$.75 for a period [...]
Bayswater Uranium reports that it has elected to meet the terms of competing offer which Strathmore Minerals had received with an unsolicited competing offer from a foreign based corporation for the Pine-Tree Reno Creek properties, Wyoming. Bayswater will acquire a 100% interest in the Property in consideration of an aggregate payment of US$20 million to Strathmore of which US$ 17.5 [...]
Strathmore reports its submission of a mine permit application for the proposed development of its flagship Roca Honda underground uranium project, Grants Mineral District, New Mexico. This property, which is situated on public lands managed by the US Forest Service and the State of New Mexico, is held by Strathmore and Sumitomo Corporation of Japan, in [...]
Strathmore minerals reports the proposed sale of its Pine Tree-Reno Creek Wyoming uranium properties to Bayswater Uranium Corporation. The PFS is based on the Project’s NI 43-101 measured and indicated resources of 10.9 million pounds with an in situ recovery mine (ISR) and central processing plant facility (CPP) designed to produce up to 2 million pounds [...]
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