Canadian Mining Journal


Uranium


  • News

    RARE EARTHS-URANIUM STUDY: New PEA for Eco Ridge property

    April 16, 2012 by Canadian Mining Journal Editor

    ONTARIO – Toronto-based Pele Mountain Resources has received an updated preliminary economic assessment for its Eco Ridge rare earths and uranium project at Elliot Lake. With a $2.16-billion pre-tax cash flow, a $1.02-billion net present…

  • News

    URANIUM EXPLORATION: Five-year licence proposed for Strateco’s Matoush project

    April 10, 2012 by Canadian Mining Journal Editor

    QUEBEC – Strateco Resources of Boucherville, QC, reported that the Canadian Nuclear Safety Commission (CNSC) staff recommends that the Commission Tribunal approve the issuance of a five-year licence to Strateco, the maximum period…

  • News

    URANIUM EXPLORATION: Moratorium lifted in northern Labrador

    March 12, 2012 by Canadian Mining Journal Editor

    LABRADOR – The Nunatsiavut government has lifted the moratorium it imposed three years ago on the exploration, development and mining of uranium on lands belonging to the Labrador Inuit.. The ban was imposed to give the government time to…

  • News

    URANIUM EXPLORATION: Cameco to buy out Millennium partner Areva Resources

    March 5, 2012 by Canadian Mining Journal Editor

    SASKATCHEWAN – Saskatoon-based Cameco Corp., one of the world’s largest uranium producers, has offered to buy a further 28% interest in the Millennium project for $150 million dollars. That interest currently belongs to Areva…

  • News

    URANIUM: Canada, China sign supply agreement

    February 9, 2012 by Canadian Mining Journal Editor

    OTTAWA – A further outcome to Canadian Prime Minister Stephen Harper’s China jaunt is that the two countries have negotiated an agreement to facilitate increased export of Canadian uranium to China. The agreement is a protocol that supplements…

  • News

    URANIUM-GOLD STUDY: Lavoie deposit has economic potential

    January 23, 2012 by Canadian Mining Journal Editor

    QUEBEC – Abitex Resources of Val d’Or, QC, says the preliminary economic assessment on its Lavoie uranium-gold deposit in the Otish Mountains is positive. The company has an earn-in option and joint venture agreement to acquire a 50% interest…

  • News

    MINING MORATORIUM: US to protect 405,000 hectares near Grand Canyon

    January 10, 2012 by Canadian Mining Journal Editor

    ARIZONA – U.S. Interior Secretary has decided to withdraw public lands near the Grand Canyon from new mining claims for two decades. The move was met by cheers from environmentalists and jeers from Republicans who accuse the ruling Democrats of…

  • News

    URANIUM RESOURCE: Matoush number jumps 50%

    January 5, 2012 by Canadian Mining Journal Editor

    QUEBEC – The most recent 43-101 report received by Strateco Resources of Boucherville, QC, outlines how the inferred resource at Matoush Matoush project, located in the Otish Mountains, has increased by 50% since September 2009. The inferred…

  • News

    URANIUM DEVELOPMENT: Second shaft breaks through at Cigar Lake

    January 4, 2012 by Canadian Mining Journal Editor

    SASKATCHEWAN – The second shaft at the Cigar Lake uranium project reached the mine workings 480 metres below surface on Jan. 3, 2012. The project is operated by Cameco (50%) of Saskatoon. Areva Resources Canada (37%), Idemitsu Uranium (8%) and…

  • News

    MERGER: Rio Tinto gets green light for Hathor bid

    November 23, 2011 by Canadian Mining Journal Editor

    GATINEAU, Quebec – The Canadian Competition Bureau has given its approval for Rio Tinto’s bid to acquire all the common shares of Vancouver-based Hathor Exploration. Rio has made an all-cash offer of $4.70 per Hathor share.

  • News

    MINERAL PROCESSING: New design boosts recovery of rare earths at Eco Ridge

    November 23, 2011 by Canadian Mining Journal Editor

    ONTARIO – Pele Mountain Resources of Toronto is investigating processing changes that will boost recoveries of critical rare earth oxides (REO) at its Eco Ridge project at Elliot Lake. The company is particularly interested in maximizing…

  • News

    MERGER: Rio Tinto ups bid, Hathor says okay

    November 17, 2011 by Canadian Mining Journal Editor

    VANCOUVER – The bidding war for Hathor Exploration and its Roughrider uranium property in northern Saskatchewan appears to be nearing the end. Rio Tinto has raised its all-cash offer to $4.70 per Hathor share, $0.20 more than Cameco of…