Uranium Mining News

Massive uranium supply/demand gap developing

Speakers at a London conference point to a massive supply gap developing for uranium, with mine output unable to keep up with demand from the huge number of planned new global nuclear power projects.

Toro achieves majority ownership in Birrindudu uranium JV in WA with Cameco

Toro Energy Limited ("Toro" / ASX: TOE) is pleased to announce that, following expenditure of more than A$1million and successful completion of five Reverse Circulation (RC) and thirteen aircore drill holes, Toro has achieved a majority 50.01% ownership

Rare earths lining to impact Minerals Ltd. Botswana uranium play

The Perth-based junior says drilling has shown widespread uranium and rare earth elements at its 100% owned uranium project in Botswana.

Hunt For Uranium Assets Starts To Get Heated

The global uranium market is dominated by just 10 players – companies that account for 60% of the world’s production of yellow cake. While Canada’s Athabasca Basin remains the hotspot for the highest-graded uranium coming out of the ground, other countries are pushing hard to ramp up their own uranium markets, such as Kazakhstan, Tanzania and Namibia, which is about to finalize its first nuclear policy by the middle of the year.

China’s nuclear reprocessing breakthrough may greatly reduce future uranium imports

(Editor's note: This story was originally published on Jan. 11, 2011) China's pilot nuclear reprocessing project could extend the life of the nation's domestic uranium reserves by thousands of years if it becomes commercially viable, […]

Deep Yellow delivers strong pre-feas results for Namibian uranium project

Proactive Investors Australia reports: Strong positive interim Pre-Feasibility Study (PFS) results have been recieved by Deep Yellow (ASX: DYL) for its wholly-owned Omahola uranium project in Namibia, highlighting its economic potential.

Looking Forward: 2011

In my yearly forecast letter last year, "Looking Forward: A Year In Transition," I expected the shape of 2010 to be up better than most expected in the beginning of the year, and tail off by the […]

Tournigan Reports 94% uranium recovery from Kuriskova test work

Vancouver, British Columbia--Tournigan Energy Ltd. (TVC: TSX-V; TGP: Frankfurt) today reported high recoveries of both uranium and molybdenum from metallurgical test work conducted by Hazen Research, Golden, Colorado. The results indicate uranium and

Fission Energy Corp. (TSXV: FIS) – Positive Results Continue at Waterbury Lake; $8 MM Winter Drill Program to Commence in January 2011

Investment Highlights Drilling at the J-Zone discovery on the company’s 50% owned Waterbury Lake property has continued to intersect significant intersections of high grade uranium. We expect the winter drill program should give us sufficient […]

Mesa Uranium Corp. (TSX-V: MSA) – FINAL REPORT – Letter of Intent Signed to Acquire Potash Project

Investment Highlights Mesa signed a letter of intent to acquire the Pine Valley potash project in August 2010. This project is located in southwestern Utah. Historical records show that this project has 82.7 million tons […]

Australia's "forgotten" rare earths

There’s about 10 million contained tonnes of rare earths lying in just one mine in Australia – but whether they will ever extracted is in doubt. Welcome to Australia’s forgotten rare earth deposits.

Junior Companies Mine Their Own Business

Metals investors are used to seeing junior companies founded on a good idea and healthy amounts of hope. However, those times might be over as investors are witnessing an important shift in the market. A few juniors have decided to […]

The USA needs URZ

Introduction Uranium, a naturally occurring radioactive element is fairly common in the Earth's crust, groundwater and seawater. Usually found in concentrations of 2-4 parts per million (ppm) it's as common as tin, tungsten, molybdenum, etc. […]

Uranium Miner Expects Profit Hit

"Energy Resources of Australia Ltd., the uranium arm of mining giant Rio Tinto, on Wednesday downgraded its annual production guidance for the second time this year, and said a strong Australian dollar is hurting its […]

Terra Ventures Inc. (TSXV: TAS) –New Zone of High Grade U3O8 Confirmed 200 Meters East of Roughrider Zone; Uranium Stocks Starting to Look Favorable

Investment Highlights Discovery hole MWNE-09-170 intersected 10 meters of 13.44% U3O8 and another separate intersection of 8 meters grading 27.66% U3O8, 200 meters east of the Roughrider zone at the Midwest Northeast project. Subsequent drilling […]

Siddharth Rajeev and Vincent Weber: Uranium's Upside

Source: Brian Sylvester of The Gold Report 9/29/10 http://www.theaureport.com/pub/na/7483 While the prices of gold and silver are reaching death-defying heights, uranium stocks are waiting in the wings. In this exclusive interview with The Gold Report, […]

Laramide Resources Limited Up 19.17% Today

www.skoptionstrading.com We kick off with a quick look at the chart which shows todays sudden leap in the stock price which will please some the long suffering investors in Laramide Resources Limited (LAM) including ourselves. […]

Australian American Mining (AIW.ax) – a survivor of the uranium meltdown

The company is the result of the merger of Monaro Mining and Uranium King, two Australian listed uranium explorese in 2008.  The goal was to create a new force in uranium with a global array […]

Strathmore Minerals Corp. (TSXV: STM, OTCPK: STHJF) – Initiating Coverage; Uranium Production Targeted for 2013; Extensive Development Pipeline

Investment Highlights Strathmore Minerals Corp. (“Strathmore,” “STM,” “the company”) is a TSX Venture listed junior mining development company focused on advancing the Roca Honda Uranium project into production. Roca Honda is one of the largest planned […]

Rossing South uranium resource just gets bigger and bigger

This uranium exploration project has outlined one of the world's largest uranium deposits and is attracting significant interest from Western and Eastern companies. Read more

John Licata: Consolidation Coming to All Commodities

Source: Brian Sylvester of The Gold Report 08/09/2010 http://www.theaureport.com/cs/user/print/na/7023 "It's no longer just an energy market. It's no longer just a metals market. It's just one commodities market," says John Licata, chief commodity strategist at […]

Uranium Prices Underscore Renewed Demand

By Dave Brown – Exclusive to Uranium Investing News With a dramatic ending to the month of July, TradeTech’s spot price increased by $3.50 to its current value $45.25 per pound of uranium, representing an increase of […]

Mawson Resources Ltd. (TSX: MAW, Frankfurt: MRY) – Initiating Coverage; Gold, Uranium in Scandinavia and Peru; Strong Cash Position

Investment Highlights Mawson Resources Ltd. is a TSX-listed exploration company focused on developing the high grade Rompas gold-uranium deposit in northern Finland and the high grade gold-copper Alto Quemado project insouthern Peru. The Rompas deposit […]

Thorium: Time For A Change In Perception?

In discussions and presentations on rare earths and their extraction and processing, junior mining and exploration companies are frequently asked to discuss how they plan to handle and "dispose" of any thorium present in the […]

Itochu Buys Stake in Australian Miner

“Itochu Corp. said Friday it has struck a deal with London-listed Polo Resources Ltd. to buy a roughly 10% stake in the owner of one of the world’s largest undeveloped uranium deposits. Itochu’s acquisition of […]