French company Areva announced 2 billion euro worth of sales in the first quarter in a statement on Monday. This is 2.2% higher than the same quarter last year. The rising prices of uranium have undoubtedly contributed to the mining and enrichment business of the company.
Woomera village is the center for an Australian Defence Force facility that supports a defence weapons testing range for the RAAF. Located in the north western part of the outback desert it was established in mid 1947. The launch site in the facility was in its day a rival to the one at Cape Canaveral and was central to Australia’s position in space research and development.
Extract Resources is a uranium explorer hoping to conduct business in Namibia. The company has said that it will be seeking clarification from the Namibian government on comments that were made by it regarding plans to assign almost all mining and exploration rights to the state owned mining company.
Namibia is expecting about $3.5 billion worth of investments into its mining sector over the coming five years. As per the Mines and Energy Minister Isak Katali, the mining industry accounts for 15% of its total economic output in terms of GDP in the financial year ending March 2011.
The Australian Treasurer Wayne Swan spoke to the Queensland Media Club and told them that there would be no rivers of gold from the mining industry in the upcoming budget.
The Ranger uranium mine has been mining on a lease inside the Kakadu National Park for 30 years. Now following the Japanese Fukushima nuclear fiasco the traditional land owners say that they do not want uranium mining to continue on their land. The Mirarr people want the Jabiluka uranium deposit to not be mined and included into the national park protection area.
Forte Energy, an international uranium company, has reported the assay results of the final two holes from the 7000m reverse circulation (RC) drilling and the first four hole results from the 1500m diamond drilling at the A238 uranium prospect in northern Mauritania.
Athabasca Uranium has signed an agreement with an arm's-length vendor, through which it has an alternative to earn total interest in the Hodges Lake property in northeast Saskatchewan.
Crosshair Exploration & Mining has announced facts of the 2011 exploration program at Juniper Ridge Property in southwest Wyoming.
Pitchstone Exploration has received the latest analytical results from reverse circulation (RC) drilling program at the Marble Ridge zone. This is a calcrete-hosted uranium mineralized zone on the Dome property in Namibia.
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