The shine is back on uranium stocks
Korea Electric Power Corporation is taking a 13.9% stake in Strathmore Minerals (STM-T) in a deal that will also give the Korean energy giant off-take rights to a portion of the uranium junior’s future production.
Paladin Energy Ltd
AME BC unveils its honour roll for 2011
The Association for Mineral Exploration British Columbia (AME BC) has announced the 2011 recipients of its annual awards. The AME BC recognizes individuals or teams for significant contributions to the mineral exploration industry in B.C.,…
Bannerman provides update on Hanlong’s offer
While Bannerman Resources (ban-t, bmn-a) says it’s not going “tie its hands down” in a long-term arrangement with Sichuan Hanlong Group, it is still open to an acquisition by the Chinese conglomerate.
TSX capped by European debt fears
Concerns over the European debt crisis continued to keep North American markets from a healthy recovery as the TSX Composite Index could only claw out a meager 72 points gain over the Oct.3-7 period at 11,588.36 points. The small upward swing…
Paladin funds uranium mine expansion
Paladin Energy (PDN-T) “remains the only significant public uranium producer without a strategic investor or alliance,” making the company “a very attractive takeover target,” Canaccord Wealth Management remarked in a note to clients in late…
Paladin Energy raises more money for expansion
Paladin Energy (PDN-T) “remains the only significant public uranium producer without a strategic investor/alliance,” making the company “a very attractive takeover target,” Canaccord Wealth Management remarked in a note to clients this morning.
China’s Hanlong looking at Bannerman
Chinese conglomerate Sichuan Hanlong Group is interested in Bannerman Resources’ (BAN-T, BMN-Z) Etango uranium project in Namibia, one of the largest undeveloped uranium resources in the world.
Aldershot beefs up uranium stable in U.S.
Philip Crabb says he “isn’t fazed by the current opinion of uranium,” and would, if asked, probably urge critics of the nuclear industry to take a trip to China if they needed any convincing that nuclear energy is the way to go.
Low-profile Drexel jumps 510% on investment by Mark O’Dea of Fronteer fame
A low-profile shell named Drexel Resources (DX-V) has attracted the interest of goldbugs and investors, after it announced Vancouver-based mining executive Mark O’Dea intends to buy 10.7 million shares in a 24- million-share private placement…
Low-profile shell jumps 510% on investment by big-name investor
A low-profile shell named Drexel Resources (DX-V) has attracted the interest of goldbugs and investors after it announced North Vancouver mining man Mark O’Dea intends on buying 10.7 million shares in a 24-million-share private placement for a…
Chinese M&A benefits from cost of capital arbitrage (May 09, 2011)
China’s mergers and acquisitions are “stepping up a notch” and with access to cheaper capital from state-owned banks, the Chinese will “continue to outbid the existing producers for assets,” predict the authors of a recent Citi Investment…
Where does uranium go now? (April 25, 2011)
While the environmental and social consequences of the Fukushima Daiichi nuclear power plant disaster rightfully remain the focus of most onlookers, its effect on uranium prices has not gone unnoticed either.