Uranium

Cigar Lake flooded

Vancouver — Mine development at Cameco’s (CCO-T, CCJ-N) 50%-owned Cigar Lake uranium project in the Athabasca basin of northern Saskatchewan was dealt a blow recently, when a rock fall caused major f…







CanAlaska, Mitsubishi partner in Saskatchewan

Vancouver — CanAlaska Uranium (CVV-V, CVVLF-O) has landed Mitsubishi Development as an exploration partner on its West McArthur uranium project in the southeastern portion of northern Saskatchewan’s…


VIRGINIA HEFFERNANMatoush project geologist Jonathan Lafontaine examines the core from hole MT-06-10 as Strateco Resources president Guy Hbert looks on.

Matoush mineralization continues to expand

Otish Mountains, Que. — The buzz of the scintilometer grows louder as consultant Roger Laine springs through the spongy muskeg on his way to a trench carved out of the sediments of northern Quebec’s…




Denison to Take Over IUC

Denison Mines (DEN-T, DNMIF-O) plans to move back into the mid-tier of uranium producers through a friendly merger with International Uranium (IUC-T, IUCPF-O)….


PALADIN RESOURCESPaladin Resources recently announced the commissioning of its plant at the Langer Heinrich mine in Namibia, shown here during the installation of the leach tanks. The mine is expected to initially produce 2.6 million lbs. U3O8 per year. The company also has a significant uranium asset in Malawi known as the Kayelekera project, which currently has a resource of 8.5 million tonnes grading 0.13% U3O8 for about 10,700 tonnes. Geiger Counter owns a stake in Paladin and its shares are trading in the $4.35 range.

Uranium fund a new way to play

Considering all the recent buzz around uranium, surprisingly little has been done in the way of investment vehicles that would give investors better exposure to the hot commodity….


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