Lehman Brothers Sells Uranium
Bloomberg reported Lehman Brothers has sold their uranium assets to help pay off creditors.
Bloomberg reported Lehman Brothers has sold their uranium assets to help pay off creditors.
Pershing Gold Corporation (OTCBB:PGLC) announced it has sold all its interest in uranium exploration properties to American Strategic Minerals Corporation (OTCBB:ASMC).
Britain and Japan have signed a framework civil nuclear co-operation pact, agreeing to collaborate on nuclear safety regulations. The agreement reflects Japan's concern for independent, competent, and rigorous regulation of nuclear safety and of enhanced emergency preparedness.
Paladin Energy Ltd (TSX:PDN,ASX:PDN) announced it is seeking minority JV interest in its non-producing uranium assets.
Crosshair Exploration & Mining Corp. (TSE:CXX,AMEX:CXZ) reports on the Board of Australian American Mining Corporation Limited (ASX:AIW) to engage in good faith negotiations with its proposal to acquire certain AusAm assets.
AllAfrica.com reports on the recent talks over the development of uranium assets in Namibia with Extract Resources (ASX:EXT) and Rio Tinto (ASX:RIO).
Paladin Energy Ltd (TSE:PDN,ASX:PDN) reports that it has initiated its uranium business in Canada and entered into a definitive agreement for the purchase of the uranium assets of Aurora Energy,a wholly-owned subsidiary of Fronteer Gold (TSE:FRG,AMEX:FRG).
Bayswater Uranium Corp. (CVE:BYU) reports selling its non core assets to Otis Gold Corp. (CVE:OOO).
Industrial Info Resources,Texas reports Cameco Corporation's (NYSE:CCJ) third-quarter earnings for it's 2010 fiscal year.
Business Standard reports UCI and Nuclear Power Corporation both state-run companies may form a joint venture to acquire mining assets abroad for uranium. They’re looking at mining assets in Nigeria, Namibia, Mongolia and Kazakhstan. The JV would also focus on the procurement of uranium from these assets, as well as other sources. For complete story, click here.
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