Pele Mountain Resources (TSX Venture: GEM) and its Eco Ridge Mine project, which hosts a large, uranium resource, provides investors with excellent leverage to uranium.
Dubai is looking forward to new energy options such as clean coal and nuclear power. Currently the Middle East nation generates almost all of its energy by burning natural gas. It hopes to generate 20% from clean coal and another 20% from nuclear energy in the future.
Australian Prime Minister Julia Gillard and Russian President Dmitry Medvedev met seperately on Thursday at the G20 leaders summit to sign an agreement on nuclear energy. The deal will involve Australia selling uranium to Russia under strict safeguards.
Toro Energy (ASX:TOE) hopes that Australia will become a world leader in uranium production within the next decade. The mining company is developing uranium projects in South Australia and in Wiluna, Western Australia.
Heatherdale Resources Ltd. (TSXV:HTR) announces new drill results from 22 underground holes completed at the Niblack volcanogenic massive sulphide project in southeast Alaska.
Uranium Energy Corp (NYSE AMEX: UEC) has announced the start of drilling at the Company's 100%-controlled Salvo Project in Bee County, Texas.
Nuinsco Resources Limited (TSX:NWI), today announced that drilling has begun at its Diabase Peninsula uranium project in the Athabasca Basin of northern Saskatchewan.
Mega Uranium Ltd. (TSX:MGA) has announced the results of its 2010 Cameroon drilling program, in the Salaki and Kitongo prospects of the Kitongo Project and the Ngombas portion of the Lolodorf Project.
Denison Mines Corp. (TSX:DML)(NYSE Amex:DNN) has announced initial estimates of mineral resources prepared in accordance with National Instrument 43-101 (NI 43-101) from the work carried out to date on the Wheeler River project located in the rich Athabasca Basin of northern Saskatchewan.
Strateco Resources Inc. has announced the discovery of a new high-grade lens 1.5 km south of the three known high-grade lenses at the Matoush project.