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Pitchstone Exploration Completes RC Drilling Program at Marble Ridge Zone in Namibia

Pitchstone Exploration Ltd. (TSX VENTURE:PXP) announces that a program of reverse circulation drilling has been completed at the Marble Ridge zone of calcrete-hosted uranium mineralization on the Dome property in Namibia.

1 Mar 2011

Bob Hawke Supports Expanding Uranium Exports to India

The former Australian Prime Minister Bob Hawke said that it was time to accept that uranium exports to India were a good idea. The Labor politician had brokered a deal in 1984 that allowed uranium mining and exports from three mines on the condition that no more were opened.

28 Feb 2011

Pele Mountain Announces Rare Earths Resource Estimate

Pele Mountain Resources said in a press release that it had completed a resources estimate at the Eco Ridge Mine Uranium and Rare Earths Project it owns in Elliot Lake, Ontario. The mine is owned 100% by First Canadian Uranium which is a wholly owned subsidiary of Pele Mountain Resources.

27 Feb 2011

Pele Mountain Resources Completes NI 43-101 Resource Estimate for Eco Ridge Mine Project, Ontario

Pele Mountain Resources Inc. (TSX Venture: GEM) today announced the completion of a NI 43-101 Resource Estimate which for the first time includes both uranium oxide and rare earth oxides at its Eco Ridge Mine Uranium and Rare Earths Project in Elliot Lake, Ontario.

25 Feb 2011

Athabasca Uranium to Use Net Proceedings for Exploration at its Uranium Properties

Athabasca Uranium Inc. has announced that it has arranged a private placement in the capital of the Company for aggregate gross proceeds of up to $2,500,000.

24 Feb 2011

Azimut Exploration Discovers Five New Copper and Rare Earth Element Target Areas at REX Property

Azimut Exploration Inc (TSXV: AZM) announce that five new major copper and rare earth element exploration target areas have been identified on the REX property following the interpretation of comprehensive lake-bottom sediment geochemical and airborne geophysical surveys performed on the property in 2010.

From Azimut Exploration Inc. 24 Feb 2011

Denison Mines Signs Bid Implementation Agreement to Buy White Canyon Uranium

Denison Mines Corp. has announced that it has entered into a Bid Implementation Agreement with White Canyon Uranium Limited under which Denison has agreed to make a takeover offer to acquire 100% of the issued and outstanding shares of White Canyon at a price of AU$0.24 per share for a total consideration of approximately AU$57 million (CDN$56.6 million).

From Denison Mines Corporation 23 Feb 2011

Witwatersrand Consolidated Gold Resources Completes Revised Resource Model for De Bron-Merriespruit South Project

Witwatersrand Consolidated Gold Resources (JSE: WGR) (TSX: WGR) (ADR: WIWTY) has announced the completion of a revised resource model for the De Bron-Merriespruit South project in the southern Free State goldfield, South Africa.

23 Feb 2011

Grand Canyon to be Protected from Mining

The Obama administration's commitment to the preservation of the environment may be causing a lot of raised eyebrows in the mining industry but they are going ahead with it anyhow. U.S. Interior Secretary Ken Salazar said that banning uranium mining near the Grand Canyon for twenty years is part of a proposal in a draft study.

22 Feb 2011

Extract Resources in Talks with Rio Over Namibian Uranium Deposit

Extract Resources and Rio Tinto are talking about developing the Husab Uranium project owned by Extract Resources in Nambia jointly with Rio’s nearby Rossing Uranium mine. The Australian company said that it would be able to capture potential synergies if this were to happen.

From Rio Tinto plc 21 Feb 2011