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Ux   U3O8 Price

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Historical Ux Price Chart
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Analysis of Uranium supply to 2050
Uranium Marketing Annual Report 2008
Domestic Uranium Production Report 2nd Quarter 2009
Nuclear and Uranium Glossary
Uranium Markets March 2008
Supply of Uranium August 2009
World Uranium Mining July 2009
What is Uranium? How does it work?
Canada's Uranium Production & Nuclear Power

 
 
Uranium Mining Company Search

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Uranium Mining Area Play
 Athabasca Basin, Saskatchewan, Canada
 Central Mineral Belt, Labrador, Canada
 Northwest Territories, Canada

News and Editorials
Mar 10 Nuinsco Resources Limited (NWI,TSX) : Financial And Strategic Analysis Review - New Report Published Officialwire.com
Mar 10 Tournigan Energy Ltd. (TVC,TSXV) : Financial And Strategic Analysis Review - New Report Published Officialwire.com
Mar 10 NQ Exploration Inc. (NQE,TSXV) : Common Shares Issued to the Fonds de Solidarite FTQ and Sidex Yahoo.com
Mar 10 Canada's uranium production recovers World-nuclear-news.org
Mar 10 Spot uranium might have seen the bottom Ninemsn.com.au
Mar 09 Forsys (FSY,TSX) Announces Completion of Strategic Review for the Valencia Uranium Project Yahoo.com
Mar 09 Ditem Explorations Inc. (DIT,TSXV) : Drilling Program Underway on Otish Uranium Yahoo.com
Mar 09 Laramide (LAM,TSXV) Reports Remaining Assays From 2009 Drilling at Westmoreland Yahoo.com
Mar 09 Pacific Bay (PBM,TSXV) Gains 100% of Regalo Uranium Property, Argentina; New Airborne Results Outline Multiple Priority Targets Yahoo.com
Mar 08 Pancontinental(PUC,TSXV) / Crossland's Exploration Budget to Exceed A$3 Million in 2010 Yahoo.com
Mar 08 Virginia (VAE,TSXV) Reports Study Underway for Coles Hill Uranium Project Yahoo.com
Mar 08 Fission Energy (FIS,TSXV) Drills Four More Vertical Step-Out Holes That Extend the J-Zone Including Intervals of 1.9m and 1.6m Over 9,999 CPS Yahoo.com
Mar 08 Kirrin Resources (KYM,TSXV) Update on Otish Basin Plans and Grevet Property Fees; Announces Option Grant Yahoo.com
Mar 08 Kivalliq (KIV,TSXV) Announces Aggressive 2010 Exploration Program; Acceleration of Warrants Yahoo.com
Mar 08 Hathor Exploration Limited (HAT,TSXV) Announces $10 Million Bought Deal Flow-Through Common Share Financing Newswire.ca
Mar 05 Terra Ventures Inc. (TAS,TSXV) : Hathor (HAT,TSXV) Completes the First Drill Fence at the Roughrider Zone East Discovery Yahoo.com
Mar 05 Kirrin Resources (KYM,TSXV) Announces Acquisition of Key Lake SW Project in Athabasca Basin Yahoo.com
Mar 05 Ottawa to rethink uranium rules Financialpost.com
Mar 04 Kodiak (KXL,TSXV) Grants Option on Roy Property / Drilling Continues at Athabasca Basin Project usetdas.com
Mar 04 Pacific Bay Minerals Ltd. (PBM,TSXV) : Partner UrAmerica Outlines Drill Targets on Cerro Solo Area Uranium Claims Yahoo.com
Mar 04 Bannerman (BAN,TSX) Reports Positive Drilling Results and Re-Commences Regional Exploration Programs Yahoo.com
Mar 04 Titan Uranium (TUE,TSXV) Upgrades Indicated Resources to 16.0 Million Pounds eU3O8 at Sheep Mountain Project, Wyoming Yahoo.com
Mar 04 Fission (FIS,TSXV) Intersects 17m of 3.99% U308 Including 7.0m Grading 7.48% U308 Yahoo.com
Mar 04 Energy Fuels (EFR,TSX) and Royal Resources Announce Uranium Property Acquisition and Arizona Strip Exploration Activities Yahoo.com
Mar 04 Rockgate (RGT,TSXV) Intersects 1.0 Metre of 3.05% U3O8 With 201.0 g/t Ag and 4.0 Metres of 0.73% U3O8 With 183.0g/t Ag in Step Out Drilling at Falea Yahoo.com
Mar 04 Cameco (CCO,TSX) downgraded on price weakness Financialpost.com
Mar 04 Ottawa intends to relax uranium rules Theglobeandmail.com
Mar 04 Spot uranium falls to US$40.50 Ninemsn.com.au
Mar 03 IBI (IBI,TSXV) Affiliate Grey Crown Resources Limited Signs Definitive Agreement with Gold Fields Limited usetdas.com
Mar 03 Bayswater (BYU,TSXV) Arranges $25 Million Financing for Reno Creek Acquisition Yahoo.com
Mar 03 Hathor (HAT,TSXV) Intersects 81.5 m of 1.59% U3O8 at Roughrider Zone East, Including a 13.5 m Interval of 6.52% U3O8 With Assays as High as 68.1% U3O8 Yahoo.com
Mar 03 Cameco (CCO,TSX) downgraded on weak uranium price Nationalpost.com
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Uranium Stock Comparables
CompanySymbolStatus
CamecoCCOIn Production
DensionDMLIn Production
UrAsiaUUUIn Production
PaladinPDNIn Production
Energy MetalsEMCQ4/07
Ur-EnergyURE2008
ForsysFSYN/A
ToumiganTVCN/A
AuroraAXU2012
KhanKRIN/A
UEX Corp.UEXN/A
Source : Griffiths McBurney

Feature Presentation
The Athabasca Basin in Northern Saskatchewan hosts the world's largest and highest grade uranium deposits accounting for 1/3 of the global uranium supply, a figure which is expected to increase significantly by the end of the decade. The Basin has witnessed a rush in claim staking activity since 2004 due to the rise in the price of uranium to about US$40/lb (March 13, 2006). At present, there are more than 30 companies exploring for uranium in the Basin.
Full coverage of the Athabasca Basin

Uranium Sector Reports
by Resource Captial Research

Uranium Market Commentary
U3O8.biz : Mar 09, 2010 - Canada opens arms to uranium investment - In last week's Throne Speech, the Harper government laid out plans to liberalize foreign investment in the Canadian uranium industry in an effort to fire up mining activity. The move comes at a critical time as Canada, the long-time leader in global uranium production, will be outdone by Kazakhstan this year and risks falling behind Australia in the near future. Although Canada has "the most favorable geological environment" and "the highest grade deposits . . . these projects cost billions of dollars to build and by having foreign investment they are going to create further jobs and keep Canada on top of the pedestal," points out Simon Tonkin, analyst at Thomas Weisel Partners. Present legislation restricts foreign ownership in Canadian uranium mining projects to 49 per cent. The Harper government views the cap as too restrictive in that it "inhibit[s] the growth of Canada's uranium mining ....
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Facts (Source: Uranium Information Centre Ltd)
Over half of the world's production of uranium from mines is in Canada and Australia. Canada produces the largest share of uranium from mines (29% of world supply from mines), followed by Australia (21%).
Canada has two relatively new mines which have come into production: Cogema's McClean Lake mine started up in 1999 and is producing almost 3000 t/yr U3O8 (2550 tU). Cameco's McArthur River deposit has enormous high-grade reserves and has started supplying ore from its underground mine to the Key Lake mill, to produce about 8200 t/yr U3O8 (7000 tU).
Two more are ready to develop: Cameco's Cigar Lake underground mine will truck ore for treatment at McClean Lake and Rabbit Lake mills, 80 km away, to produce 8200 t/yr U3O8 (7000 tU). Cogema's Midwest mine will be underground, and this ore also is likely to be milled at McClean Lake nearby, to produce 2600 t/yr U3O8 (2200 tU).
Thus by about 2006, Canadian output could be substantially be concentrated at two mills: McClean Lake producing over 9000 tU and Key Lake 7000 tU per year, with about 2500 t/yr coming from Rabbit Lake. All this will be over half of projected world mine production. (See also UIC Briefing paper #3 on Canada.)
In Australia Beverley, a 1000 tU/yr ISL mine in South Australia, started up late in 2000. Two further mines are under development. A similar-sized ISL mine under development is Honeymoon. These are similar to those providing most US uranium. Jabiluka, NT, is to be a conventional underground mine, though its production will be phased in to match the decline of Ranger.
With the ISL mines plus Ranger and the expanded Olympic Dam, Australian uranium production is likely to reach some 9000 tonnes U per year. This will be almost a quarter of projected world mine production. (See also UIC Briefing paper #1 on Australia)

Primary Supply by Mine
MineCountryMain Owner Mine TypeProduction
(mm lbs)
%
World
McArthur RiverCanadaCameco Underground18.718%
RangerAustraliaRio Tinto Open Pit11.311%
Olympic DamAustraliaWMC Resources By-Product9.69%
RossingNamibiaRio Tinto Open Pit7.98%
McClean LakeCanadaCogema Open Pit6.06%
Rabbit LakeCanadaCameco Underground5.45%
AkoutaNigerCogema Underground5.25%
ArlitNigerCogema Open Pit3.33%
BeverlyAustraliaHeathgate Resources Insitu Leach2.42%
Vaal RiverSouth AfricaAnglogold Ashanti By-Product2.02%
Sub-Total    71.969%
World Total    104.7 
Source : World Nuclear Association, GMP

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