Mining Weekly reported that Uranium Resources has finished a maiden resource estimate for its Mtonya play project, in Tanzania, which determined an inferred resource of 3.6-million tonnes.
This week, the uranium spot price fell 50 cents, to $43 per pound U3O8; however, the market is anticipating higher prices down the road.
Mining Weekly reported Uranium Resources’ (LSE:URA) says its Mtonya uranium project is on track to have a maiden resource by the end of the first quarter of 2013.
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.
The Q2 results for a slew of major and junior uranium companies are in, and most show that while production has increased, profits and sales have not followed suit.
Uranium Resources, Inc. (NASDAQ:URRE) announced an update on its liquidity position and its strategy and outlook for 2012.
Mining Weekly reported Uranium Resources (LSE:URA) announced strong potential for its Mitonya mine to become a roll-front uranium deposit.
Uranium Resources Plc (LSE:URA) announced results for the six month period ended 31 December 2011.
Uranium Resources, Inc. (NASDAQ:URRE) reported an update on the company's finances and activities for 2012.
Primary Corp. (TSX:PYC) announced an unaudited loss of $10.4 million for 2011 and notes it will effected by Uranium Resources (NASDAQ:URRE) acquisition of Neutron Energy.
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