Uranium

What will happen to First Uranium

It is no secret that First Uranium is in a pickle. Releasing a forecast that shows its cash will run out by the end of March will be cold comfort to shareholders and creditors alike.

Miners in ore at the prospects of unearthing uranium

For more than four decades, geologist Wolfgang Leyh has studied the broad landscape around Broken Hill in western NSW, searching for its buried riches. Too many of his colleagues, he thinks, spend their days behind computers.

Ex Equinox Minerals CEO back on African mining trail

WSJ reported that Mr Craig Williams is back in Africa with a new mining venture 7 months after steering Zambia-focused copper producer Equinox Minerals to USD 7.3 billion Canadian dollar takeover by Barrick Gold as CEO.

Crane logistics group gets A$100 million Olympic Dam contract

Boom Logistics, Australia’s leading provider of crane logistics and related industrial services, has confirmed that following a competitive tender process, it has secured a five year contract to supply crane services to the BHP Billiton Olympic Dam maintenance operation.

New uranium targets staked in Patterson Lake South JV area, Saskatchewan

ESO Uranium Corp. (TSX-V: ESO), (the “Company” or “ESO”) and its 50% Patterson Lake South (PLS) Joint Venture (JV) partner Fission Energy (TSX-V: FIS), are pleased to report the completion of staking, recording and registration of 6 new claims which now become part of the JV Property.

Cameco’s Cigar Lake Saskatchewan mine dealing with outbreak of nasty norovirus

A northern Saskatchewan mine is dealing with an outbreak of norovirus. At least three workers at Cameco’s Cigar Lake mine are confirmed to have the virus and another 100 workers are showing symptoms.

Australia’s NSW state overturns 26-year-old uranium ban

Uranium exploration in Australia’s eastern state of New South Wales (NSW) may soon become a reality after Premier Barry O’Farrell’s cabinet checked off on a proposal to reverse a 26-year-old ban, reports the Sydney Morning Herald.

Why not thorium?

The Fukushima disaster reminded us all of the dangers inherent in uranium-fueled nuclear reactors.

Two nuclear reactors approved in Georgia, the first since Disco Era

The last time a nuclear reactor was approved in the state of Georgia, Jimmy Carter was ensconced in the White House and the Bee Gees had three of the top 10 hits on the Billboard charts.

Cameco reports record revenue from high uranium prices

While the nuclear industry outlook remains uncertain for the near to medium term, Cameco foresees “a very strong and promising growth profile” in the long term.

Canada gets more than just pandas in black and white as Harper signs China uranium deal

Canada’s nuclear-energy industry generates some $6.6 billion in annual revenue, $1.2 billion in exports each year and employs roughly 31,000 people according to Harper’s office.

U3O8 Corp. closes bought deal private placement to raise $11,523,000

U3O8 Corp. (TSX VENTURE:UWE) (“U3O8 Corp.”) announces today that it has closed its previously announced bought deal offering to raise aggregate gross proceeds of $11,523,000 (the “Offering”).

Namibia uranium deal on the boil for Rio

Rio Tinto is eager to secure a joint venture with the likely new owners of the huge Husab uranium deposit in Namibia.

Imminent construction of Baltic nuclear power plant

Engineers are preparing to pour the concrete foundation of the Baltic Nuclear power plant in Kaliningrad. Once underway, it will be the ninth power reactor under construction in Europe.

Orezone to Consolidate Brighton Energy Corporation

Orezone Gold Corporation (TSX:ORE) announces that it plans to enter into definitive share exchange agreements (the “Share Exchange Agreement”) with the minority shareholders of its 67% owned uranium subsidiary, Brighton Energy Corporation.

OTTAWA, ONTARIO–(Marketwire – Feb. 7, 2012) – Orezone Gold Corporation (TSX:ORE) announces that it plans to enter into definitive share exchange agreements (the “Share Exchange Agreement”) with the minority shareholders of its 67% owned u…