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U3O8 Corp Encounters High-Grade Mineralization at Berlin Project in Colombia

U3O8 Corp. (TSX VENTURE:UWE) a Canadian-based company focused on exploration and resource expansion of uranium and associated commodities in South America, reports grades of uranium, phosphate, vanadium, yttrium, rhenium, silver and molybdenum intersected in its first drilling of the Berlin Project in Caldas Province, Colombia.

9 Dec 2010

Hathor Exploration Reports Final Chemical Assay Results from Midwest Northeast Property

Hathor Exploration Limited (TSX VENTURE:HAT) has provided the final chemical assays for its 2010 summer drill program on it's Midwest Northeast Property, Athabasca Basin, Saskatchewan.

9 Dec 2010

Technology Breakthrough: Medical Isotopes from Low Grade Uranium

A South African company has used low grade uranium to produce a medical isotope using new technology. This valuable isotope had until now only been produced from weapons grade uranium material.

8 Dec 2010

Russia's Rosatom Acquires Wyoming Uranium Mine

The state owned Rosatom Corp’s purchase of 51% of the Canadian company Uranium One Inc will put it in a position to control about half of the U.S. uranium production. The Russian company which recently took charge of uranium mines in Wyoming is barred from exporting produced material.

From Uranium One Inc. 7 Dec 2010

Iran Produces Domestic 'Yellowcake'

Iran is continuing with its nuclear program despite stiff opposition from the west. The country announced on Sunday that it had used domestically mined uranium to make material for its uranium enrichment for the first time.

6 Dec 2010

BHP Submits Olympic Dam Expansion Environmental Report

The final environmental report for the expansion of the Olympic Dam project has been submitted as per schedule by BHP Billiton. This keeps the project on track for a final approval to be given in the latter half of next year.

From BHP Billiton Plc 5 Dec 2010

Cameco Boost Dividend, Upbeat on Future

Cameco Corp has boosted its annual dividend from CAD$0.28 to C$0.40 and has said that it intends to boost its dividend by 43% next year. The Saskatoon based uranium producer sees a strong demand for uranium as fuel for nuclear reactors ahead.

From Cameco Corporation 5 Dec 2010

Queensland Resources Council Backs Uranium Mining

The Queensland Resources Council (QRC) is hoping to push the government to overrule the states on uranium mining. The QRC feels that the anti-nuclear power stand of the state will deny it many uranium mining jobs and multi-million dollar investments in the state.

2 Dec 2010

Vena Resources to File NI 43-101 Compliant Resource Estimate for 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 that an independent National Instrument 43-101 compliant resource estimate for its Macusani Uranium Project, located in Peru will be filed on SEDAR and on the Company's website today.

30 Nov 2010

Uranium One Closes Initial Transaction with JSC Atomredmetzoloto

Uranium One Inc. has announced that it has completed the initial closing of its transaction with JSC Atomredmetzoloto, comprising the issuance of 178,127,165 new common shares of Uranium One to ARMZ in return for US$610 million in cash.

From Uranium One Inc. 29 Nov 2010