MINING.COM Staff Writer

Cameco (NYSE:CCJ) announced on Wednesday that it signed signed a memorandum of agreement with its partner, Kazatomprom, to increase annual uranium production at the Joint Venture Inkai Limited Liability Partnership (JVI) from 3.9 million pounds to 5.2 million pounds. The Inkai in-situ recovery uranium mine and processing plant is located in central Kazakhstan and is operated by JVI, 60% owned by Cameco and 40% owned by Kazatomprom, the Kazakhstan government owned national atomic company. Under the memorandum of agreement, Cameco's share of Inkai's annual production will be 2.9 million pounds with the processing plant at full capacity.

Colombia Clean Power & Fuels, Inc. announced today that it has acquired additional Colombian metallurgical coal properties through an acquisition of concessions from a private party. These properties, the "Ruku" concessions, are located near Socota, Boyaca, and complement prior acquisitions the Company has made in the Santander district of Colombia.