| Chart |
 |
|
|
| Uranium Mining Company Search |
|
|
| |
|
|
|
| |
|
|
|
|
| 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
|
|
More>> |
| |
|
|
| Uranium Stock Comparables |
| Company | Symbol | Status |
| Cameco | CCO | In Production |
| Dension | DML | In Production |
| UrAsia | UUU | In Production |
| Paladin | PDN | In Production |
| Energy Metals | EMC | Q4/07 |
| Ur-Energy | URE | 2008 |
| Forsys | FSY | N/A |
| Toumigan | TVC | N/A |
| Aurora | AXU | 2012 |
| Khan | KRI | N/A |
| UEX Corp. | UEX | N/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 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
....
| |
More>>
|
| |
| 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 |
| Mine | Country | Main Owner |
Mine Type | Production (mm lbs) | % World |
 |
| McArthur River | Canada | Cameco |
Underground | 18.7 | 18% |
| Ranger | Australia | Rio Tinto |
Open Pit | 11.3 | 11% |
| Olympic Dam | Australia | WMC Resources |
By-Product | 9.6 | 9% |
| Rossing | Namibia | Rio Tinto |
Open Pit | 7.9 | 8% |
| McClean Lake | Canada | Cogema |
Open Pit | 6.0 | 6% |
| Rabbit Lake | Canada | Cameco |
Underground | 5.4 | 5% |
| Akouta | Niger | Cogema |
Underground | 5.2 | 5% |
| Arlit | Niger | Cogema |
Open Pit | 3.3 | 3% |
| Beverly | Australia | Heathgate Resources |
Insitu Leach | 2.4 | 2% |
| Vaal River | South Africa | Anglogold Ashanti |
By-Product | 2.0 | 2% |
 |
| Sub-Total | | |
| 71.9 | 69% |
| World Total | | |
| 104.7 | |
| Source : World Nuclear Association, GMP
|
|
|
|