Zambia to raise mining taxes
Vancouver — A significantly increased effective tax rate is bad news for companies interested in mining in Zambia, but it seems proposed hikes in the country’s mining taxes will not affect those majo…
Uranium
First Uranium builds new plant
Capital costs for First Uranium’s (FIU-T, FURAF-O) Buffelsfontein gold-uranium tailings recovery project in South Africa have increased 76% to US$260 million, compared with a preliminary assessment es…
UEX discusses West Bear sale with Cameco and Areva (January 21, 2008)
Lengthy lab turnaround times have driven UEX (UEX-T, UEXCF-O) to reprioritize its Athabasca uranium deposits by putting assays from the larger Horseshoe and Raven deposits ahead of those from West Bea…
UEX targets resource estimates for Horseshoe, Raven in new year
With the release of assays from 23 more holes from its Hidden Bay project in Saskatchewan’s Athabasca basin, UEX Co…
Extract joins uranium stampede in Namibia
SITE VISIT Swakopmund, Namibia — The high-pitched wail from the handheld spectrometer intensifies as the geologist creeps across the dry, rocky terrain of Extract Resources’ (EXT-T, EXT-A) Husab uranium project…
Midwest to go ahead (December 24, 2007)
The partners in the Midwest uranium joint venture in northern Saskatchewan have announced they plan to bring the project into production in 2011.
First Uranium starts plant construction
Capital costs for First Uranium’s (FIU-T) Buffelsfontein gold-uranium tailings recovery project in South Africa hav…
Pebble Creek plans $10M for India
Vancouver — India-focused explorer Pebble Creek Mining (PEB-V, PBLEF-O) plans a $10-million financing to advance its Askot copper-zinc project.
Editorial: Red light, green light
With the global commodities boom marching relentlessly forward, the week ended Dec. 8, the 49th week of 2007, was full of major announcements of mines going forward or else being stopped in their trac…
More water woes for Cameco (December 10, 2007)
Vancouver — Water problems are again affecting underground operations at a Cameco (CCO-T, CCJ-N) uranium project in northern Saskatchewan’s Athabasca basin.
Big money keeps on rolling in (December 10, 2007)
Vancouver — Despite the recent bearish trend in mining indices, financings continue to abound with exploration companies still attracting plenty of capital.
Midwest to go ahead (December 06, 2007)
The partners in the Midwest uranium joint venture in northern Saskatchewan have taken a formal production decision …