Canadian Mining Journal


Uranium


  • 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…

  • News

    MERGER: Cameco ups Hathor offer to $4.50/share, all cash

    November 14, 2011 by Canadian Mining Journal Editor

    SASKATOON – Cameco Corp. has raised its offer for Hathor Exploration to $4.50 per Hathor share, 8.4% above the $4.15/share offer made by Rio Tinto last October and 20% above Cameco’s initial bid of $3.75/share in August 2011. The most recent…

  • News

    URANIUM RESOURCE: Uracan files 43-101 for Double S zone

    November 7, 2011 by Canadian Mining Journal Editor

    QUEBEC – Vancouver-based Uracan Resources has filed an upgraded 43-101 report for the Double S zone at its North Shore uranium property 60 km east of the deep-water port at Havre St. Pierre. The zone has an indicated resource of 21.5 million…

  • News

    Rio Tinto makes recommended all-cash offer of C$4.15 per share for Hathor Exploration

    October 19, 2011 by Canadian Mining Journal Editor

     Rio Tinto, through its indirect wholly owned Canadian subsidiary (“Rio Tinto”), and Hathor Exploration Limited, has agreed that Rio Tinto will make an offer to acquire all of the common shares of Hathor for C$4.15 in cash per common share.

  • News

    COPPER-URANIUM-GOLD PROJECT: Olympic Dam gets environmental nod

    October 11, 2011 by Canadian Mining Journal Editor

    AUSTRALIA – The federal and South Australian governments have approved the environmental impact statement submitted by BHP Billiton for the expansion of its Olympic Dam copper-uranium-gold mine. The project, that reportedly carries a…

  • News

    URANIUM DEVELOPMENT: Cigar Lake ore to be milled at McClean Lake

    October 6, 2011 by Canadian Mining Journal Editor

    SASKATCHEWAN – Cameco of Saskatoon and its partners in the Cigar Lake uranium development has signed a memorandum of understanding to mill all ore from the Cigar Lake mine at the McClean Lake mill.

  • News

    PERSPECTIVE: Hathor, Cameco square off for fight

    September 15, 2011 by Canadian Mining Journal Editor

    SASKATOON and VANCOUVER – Two weeks after Cameco made a hostile bit of Hathor Exploration, the uranium miner and the uranium explorer look to be bracing for a fight.

  • News

    MERGER: Hathor rejects Cameco offer

    September 14, 2011 by Canadian Mining Journal Editor

    VANCOUVER – The board of Hathor Exploration has unanimously rejected the unsolicited takeover bid from Cameco of Saskatoon. The special committee examining the offer noted that Hathor shares have been trading above the offer price, and…

  • News

    URANIUM STUDY: Roughrider PEA puts NPV at $1 billion

    September 13, 2011 by Canadian Mining Journal Editor

    SASKATCHEWAN – Vancouver’s Hathor Exploration has completed an encouraging preliminary economic assessment for two of three zones at its Roughrider uranium project in the Athabasca Basin.

  • News

    MERGER: Cameco makes hostile bid to acquire Hathor Exploration in $520M deal

    August 29, 2011 by Canadian Mining Journal Editor

    SASKATOON – Cameco, one of the world’s leading uranium producers, has announced its intention to acquire Hathor Exploration of Vancouver. Cameco is making an all-cash offer of $3.75 per Hathor share, a 33% premium over Hathor’s 20-day volume…