Articles Tagged "uranium per lb"

Uranium day: Seminar on Jan 27th, 2010, Australia

Mining Journal Investor Seminars report on January 27th, 2010, Uranium Day Seminar will be held. The price of uranium has been declining for much of the past two years since hitting an all-time high in mid-2007. However, prices soared in October on supply fears following a shaft accident at the Olympic Dam mine in Australia. [...]

Uranium Development: Dewatering resumes at Cigar Lake

Canadian Mining Journal(Editorial) reports Cameco has resumed dewatering the Cigar Lake uranium project. Development was interrupted by an inflow of water on the 420-metre level that occurred on August. 12, 2008. Cameco expects dewatering the mine will take six to 12 months. An estimated production start date will be given after the water has been pumped [...]

Renewed speculators’ appetite for uranium

FNArena.com reports spot uranium took an uplifting in a week as TradeTech’s weekly spot price advances within a week. Buyers and sellers alike were focused on the news of BHP Billiton (BHP) had confirmed to several customers it had declared forced majeure deliveries from its temporarily troubled Olympic Dam mine. For full details of this story, click [...]

Vena reports uranium discovery, drilling & private placement

Vena Resources reports the drill permitting process is in the final stages, Minergia Resources SAC, a company jointly owned by Vena and Cameco Corp., expects drilling to begin in mid-November on the Macusani uranium project, Peru. The Tantamaco uranium prospect is located on the northern rim of the Macusani caldera. Uranium mineralization is principally autunite that occurs in [...]

Russian uranium miner sees price up in 2010

Reuters reports spot uranium seen by Russian miner as rising in 2010. Russia’s state uranium miner sees the price of spot uranium likely falling further in the short-term, but then climbing back up beginning in 2010, the company’s general director said on Thursday. Atomredmedzoloto General Director, Vadim Zhivov says: “But we are convinced that even [...]

Uranium Energy Corp. receives both initial draft disposal well permits

Uranium Energy Corp.  reports Texas Commission on Environmental Quality has issued Initial draft permits for 2 disposal wells that are planned as part of in-situ recovery of uranium at  Goliad ISR project, South Texas. The Company has 30 days to review the draft permits and provide comments to TCEQ. The Company does not anticipate suggesting substantive changes to [...]

Prize Mining & Eagle Plains report Yellowjacket mill completion

Prize Mining Corp. and Eagle Plains Resources report jointly that the Yellowjacket Venture has now completed modifications on its 350 tonne per day mill at the Yellowjacket Gold Project, Atlin, BC. Samples for head and tail grades from the 2008 bulk sample processing are currently being analysed by ACME Laboratory Ltd. in Vancouver and results are expected in the next [...]