Senator John Barrasso is expanding a 2010 investigation into the Obama administration’s approval of the sale of Uranium One’s uranium recovery facilities to the Russian state-owned firm Atomredmetzoloto.
Uranium One Mining News
"If this is what passes for investigative journalism in the United States, it is very sad."
Russia took control over 20% of US uranium after Uranium One’s associates made lavish contributions to Clinton Foundation
The sale gave the Russians control of one-fifth of all uranium production capacity in the United States.
Willow Creek Mine in Wyoming.
Uranium One Inc. subsidiary Mantra Tanzania said today that it aims to start construction work on its Mkuju River uranium mine in southern Tanzania in 2013. The company hopes to become one of the top ten uranium producers worldwide.
Uranium One said the effects of the Fukushima nuclear power plant meltdown in Japan last March are now priced into the market for uranium oxide.
One year after Japan’s Fukushima nuclear crisis, analysts are hiking ratings and price targets on uranium companies that have posted some impressive gains of late.
Uranium One reports increase in quarterly net earnings to $29.7 million and average cash cost per pound sold of $15 for Q2 2011
Uranium One Inc. today reported quarterly revenue of $112.9 million for Q2 2011 based on sales of 2.0 million pounds at an average realized sales price of $58 per pound.
Uranium One, the world’s largest publicly-traded uranium producer, reported on Tuesday a net loss of $142.8 million in the fourth quarter. In 2009 the company reported positive earnings of $179.8 million for the same period. The loss was attributable to a one-time charges. The company said that the carrying value of the Honeymoon Uranium Project was written down by $113.5 million due to the strengthening of the Australian dollar and increased capital expenditures.