Big Cash Deal for U-Parts
In another show of love for uranium from the markets, metal trader Uranium Participation (U-T) has closed an equity financing that will bring it $95 million.
Uranium
Uranium Binge for Spruce Ridge
Spruce Ridge Resources (SHL-V) is patiently waiting for Newfoundland’s spring break-up to pass so it can begin a 2,700-metre drill program on its two uranium properties.
Energy Metals Readies La Palangana for Production
The South Texas project held by Energy Metals (EMC-T, EMU-N) and privately held Everest Exploration are now at the permitting and engineering stage, offering hope that the two projects can be in produ…
Powertech Targets Prospects in South Dakota, Wyoming
One year after jumping into the uranium business and assembling a portfolio of U.S. uranium properties amenable to in situ leaching, Vancouver-based junior Powertech Uranium (PWE-V, PWURF-O) has kicke…
Editor’s Picks: Deal-Making Aplenty
The most significant mining event of the fifteenth trading week of 2007 was very good news, even if the announcement was brief.
Rival OmegaCorp Bid Emerges
The proposed takeover bid for Australian uranium developer OmegaCorp (OMC-A, OMGCF-O), issued by Denison Mines (DML-T, DNMIF-O), now faces a rival offer from London-listed Central African Mining &…
Equinox Studies Lumwana’s Uranium Potential
With mine construction well under way at its large, wholly owned Lumwana copper project in northwestern Zambia, Equinox Minerals (EQN-T, EQN-A) now has the time to revise a bankable feasibility study …
CanAlaska Closes Mitsubishi Deal
Vancouver — CanAlaska Uranium (CVV-V, CVVUF-O) has finalized its agreement with Mitsubishi Development to partner on exploration of the West McArthur uranium project in the southeastern Athabasca bas…
Laramide Well Positioned in Uranium Boom
Drill results from Laramide Resources’ (LAM-T, LMRXF-O) La Jara Mesa uranium property, in New Mexico, provided another shot in the arm to the share price of the Toronto-based company at the end of Mar…
UrAsia Shareholders OK Uranium One Arrangement
Vancouver — Shareholders of UrAsia Energy (UUU-V, UAEYF-O, UUU-L) have overwhelmingly endorsed SXR Uranium One’s (SXR-T, SXR-J) friendly deal to acquire the company, with 99.89% of cast votes giving …
Azimut Employs JV Strategy at Quebec Properties
Montreal’s Azimut Exploration (AZM-V, AZMTF-O) has signed several letters of intent for $14.6 million worth of exploration over the next five years on its northern Quebec uranium properties.
Editor’s picks: top stories of week 16
The trading week ended April 20 closed with the partial resolution of a long-standing conflict in the North America…