November 24, 2011

Exploration budgets up 50%- surging to new all-time high

According to Metals Economics Group’s (MEG) 22nd edition of Corporate Exploration Strategies (CES), the estimated total 2011 budget for nonferrous metals exploration surged to $18.2 billion.

November 23, 2011

Tanzania says uranium project in wildlife sanctuary on track

Mining Review reports the government of Tanzania has allayed fears over likely land disputes between uranium investors and local residents in the Ruvuma region of southern Tanzania, and is confident…

November 23, 2011

Canada competition watchdog clears Rio Tinto bid for Hathor

Canada's competition watchdog has cleared global miner Rio Tinto's C$654 million ($630 million) takeover offer for Hathor Exploration , Rio Tinto said on Wednesday.

November 22, 2011

Crosshair Completes 2011 Drilling Program In the Central Mineral Belt (CMB), Labrador

Crosshair Energy Corporation (TSX:CXX)(NYSE Amex:CXZ) is pleased to announce the successful completion of its 2011 drill program on the CMB Uranium/Vanadium Project located in central Labrador, Canada.

November 22, 2011

Patchy global support for nuclear new-build

World Nuclear News reports a massive worldwide poll with more than than 23,000 respondents has shown widely varying levels of support for the use of nuclear energy. A large majority…

November 22, 2011

Australia’s mining tax passes biggest political hurdle

Australia’s plan to impose a 30 percent tax on its booming iron ore and coal sectors cleared its biggest political hurdle on […]

November 21, 2011

Russia joins forces with France and Vietnam on new nuclear plant

Russian and French leaders have signed a wide-ranging declaration on nuclear energy cooperation as Russia's first foreign-equity nuclear power plant advances with a construction licence. Meanwhile, Russia also signed a…

November 20, 2011

Uranium bombs despite India move

YOU couldn't even call it a boomlet. It was more like a ripple on a lake, and lasted about as long.

November 20, 2011

Marmota Energy – Maiden Inferred Resource at Saffron Deposit on Junction Dam Uranium Project

Marmota Energy Limited (ASX: MEU) is pleased to announce an initial resource estimate of 4.36 million tonnes (Mt) U3O8 for its Saffron deposit, one of four prospects identified by the…

November 18, 2011

Swords to plowshares program over

Swords (military weapons) to plowshares (tools that benefit mankind) is a concept in which military weapons/technologies are converted to peaceful civilian applications.