Uranium


Niger uranium draws interest

Vancouver — The hot uranium market has spurred explorers to broaden the global hunt for the energy metal, putting the West African country of Niger in the spotlight again.


BY VIRGINIA HEFFERNANStrateco Resources president Guy Hbert wets core from hole MT-06-1, which yielded a 10.5-metre section grading 1.12% uranium. The hole was drilled on the Matoush uranium project in Quebec's Otish Mountains.

Strateco’s hits attract juniors to Otish

Success in drilling new mineralization at the Matoush uranium prospect in the Otish basin of Quebec has drawn a number of junior companies eager to try and find a lookalike in the Proterozoic sediment…


Greenpeace eyeing Tournigan’s Slovakian project

Vancouver — Keeping local residents informed about its plans to develop a uranium mine in eastern Slovakia has become a priority for Tournigan Gold (TVC-V, TVCZF-O) now that the company says its acti…







SXR moves to acquire UrAsia (February 19, 2007)

SXR Uranium One (SXR-T, SXR-J) has offered to take over UrAsia Energy (UUU-V, UUU-L) to create a $5-billion uranium company that would have early production from Australia and South Africa, and advanc…


Rio Tinto earns US$7.4B in 2006

Surging demand from China for iron ore and copper resulted in a record-setting year for Rio Tinto (RTP-N, RIO-L) in 2006, but the company expects to see some moderation in 2007.


Delay at Cigar Lake

Vancouver — The global uranium market is expected to remain in limbo as it waits for the world’s leading producer, Cameco (CCO-T, CCJ-N), to estimate the timeline for a production startup at its floo…


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