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Record Earnings for BHP Billiton

BHP Billiton is expected to post record $15 billion earnings for the six month period pre-tax. This would give the company a $30 billion plus full year result. It has broken the record for biggest profits posted by a company in Britain with this. The last record was set by Shell three years ago when it unveiled profits of $27.5 billion.

From BHP Billiton Plc 14 Feb 2011

Pitchstone Exploration Commences RC Drilling at Dome Property in Namibia

Pitchstone Exploration Ltd. (TSX VENTURE:PXP) announces that a program of reverse circulation drilling has begun on a zone of calcrete-hosted uranium mineralization on the Dome property in Namibia.

9 Feb 2011

Marathon Awarded SA Exploration Licence, Minchin Not Happy

A renewed license for Marathon Resources (ASX:MTN) to explore for uranium resources in the Arkaroola Wilderness Sanctuary has the Wilderness Society and South Australian Liberal Senator Nick Minchin up in arms.

8 Feb 2011

American Energy Fields Announces Mining Claims in Aquarius Mountains

American Energy Fields, Inc. (OTCBB:AEFI) has announced that it has located 35 lode mining claims in the Aquarius Mountains Mining District in Mohave County, Arizona, a region noted for uranium and rare earth metals.

8 Feb 2011

Kivalliq Energy Releases NI 43-101 Mineral Resource Estimate for Lac Cinquante Uranium Deposit

Kivalliq Energy Corporation (TSX VENTURE:KIV) has announced the release of the first NI 43-101 compliant Mineral Resource estimate for the Lac Cinquante uranium deposit, located within Kivalliq's 225,000 acre Angilak Property in Nunavut, Canada.

8 Feb 2011

Fission Energy Expands J Zone High Grade Uranium Discovery at Waterbury Lake Project

FISSION ENERGY CORP. (TSX VENTURE:FIS) and its Limited Partner, the Korea Waterbury Uranium Limited Partnership, announce that vertical step-out drilling at its Waterbury Lake project in the Athabasca Basin, has further expanded the J Zone high grade uranium discovery 60m to the west, increasing its area to ~170m x up to 50m up from ~140m x up to 50m.

From Fission Energy Limited 7 Feb 2011

Energy Fuels' Pinon Ridge Uranium Mill Permit Upheld

Energy Fuels Inc would have heaved a sigh of relief as Montrose County District Judge James Schum ruled that the special use permit given to the company was in order.

From Energy Fuels Inc. 7 Feb 2011

Vena Resources Commences Phase III Drilling Program at Macusani Uranium Project

Vena Resources Inc. (TSX:VEM)(LIMA:VEM)(FRANKFURT:V1R)(OTCBB:VNARF), a Company with strong partnerships with some of the world's largest mining companies, has announced the commencement this month of the third major drill campaign on the Macusani properties of Minergia S.A.C., a uranium exploration company jointly owned by Vena and Cameco Corporation.

7 Feb 2011

ERA Shares Drop, Uranium Price Jumps

Owing to a shut down of the uranium processing plant at its Ranger mine the Energy Resources Australia shares dropped and global prices for the mineral jumped up.

From Energy Resources of Australia Ltd 2 Feb 2011

Fronteer Gold Sells its Uranium Assets to Paladin Energy

Fronteer Gold Inc. (TSX:FRG)(NYSE Amex:FRG) announces today that it has completed the sale of 100% of the uranium assets of Aurora Energy Resources Inc., a wholly owned subsidiary of Fronteer Gold, to Paladin Energy Ltd. (TSX:PDN)(ASX:PDN) pursuant to an Asset Sale Agreement which was entered into on December 17, 2010.

2 Feb 2011