Extract Resources Limited

Is more uranium consolidation on the way?

The Fukushima nuclear disaster may have winded the nuclear power and uranium markets, but the furious pace of consolidation in the uranium mining sector is leaving investors betting on the next takeover target.So far this year, no less than…



Tough times for TSX

It was rough ride for investors over the May 2-6 period as the TSX Composite Index fell 383 points to finish up at 13,601.49. The drop was severe enough, and accompanied by enough volume, to ignite worries that a significant correction to the…





Uranium On The Up Trend In Namibia

VANCOUVER — Rio Tinto’s (RTP-N, RIO-L) Rossing mine in Namibia already produces roughly 8% of the world’s annual supply of uranium. Now the country looks set to increase its presence on the uranium m…


Kalahari Scraps Extract Merger

Kalahari Minerals (KAH-l) has called off a merger with Extract Resources (EXT-T, EXT-a) over fears that it would give Rio Tinto (RTP-N, RIO-n), a stakeholder in both companies, too much power in the m…




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