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Coal and Uranium Mining Company, Atomic Resources To Explore Coal Mine In Tanzania
Coal and uranium exploration company Atomic Resources has secured the concession rights to two new exploration locks covering the northern extension of the Ngaka coalfield in western Tanzania.
Uranium Mine Exploration, Uranium Hunter Corporation Advance Field Program at The Ruhuhu Exploration Site in Tanzania
Uranium Hunter Corporation is pleased to announce that its advanced field program at the Ruhuhu exploration site in Tanzania is well underway. Ground targets based on the geophysical interpretation of the helicopter survey announced previously have been mapped by field crew now in place.
Systematic sampling as part of the advanced field program, followed by pitting [...]
Canadian Firm Acquires Uranium Property
VIPR Industries Inc. of Canada has completed its acquisition of the Manyoni Uranium Property, which it described in a statement yesterday as highly prospective.
The company said surveys have established strong potential for significant uranium mineralization at the property in Singida Region. Its president and chief executive officer Mike Gerstner said the property demonstrates excellent potential [...]
Gold Exploration in Tanzania
Kilimanjaro Mining Company (KMCI) is pleased to provide an update of exploration results from gold projects in Tanzania.
Kinyambwiga Gold Project
Gold assays continue to be reported from colluvium and bedrock samples acquired from trenches and pits near gold veins at Kinyambwiga.
A total of 212 soil samples and 355 trench samples have been sent for assay; 100 [...]
Albidon hedges Zambia nickel output
Australia’s Albidon Ltd has locked in high nickel prices for the first years of its flagship Munali project in Zambia, its managing director said.
Albidon is seeking to expand regional exploration, with exploration projects in four other African countries.
Construction is underway on the company’s Munali underground nickel mine, which is due to produce its first concentrate [...]
Denison Makes a New Bid to Acquire OmegaCorp Limited
Denison Mines Corp. (”Denison”) (TSX:DML)(AMEX:DNN) is pleased to announce a new takeover offer to acquire all of the remaining shares of OmegaCorp Limited (”OmegaCorp”) (ASX:OMC) (including any shares issued on exercise of an option issued in OmegaCorp) that Denison does not already own at a price of AU$1.30 per share, for a total consideration of [...]
Namibia: Investors’ Credibility Can Be Verified Before Granting Licences
Namibia’s Chamber of Mines has cautioned the government against closing its doors to potential investors in the uranium sector.
The government last year stopped issuing uranium prospecting licences to regulate the activities because of an upsurge of demand in the global market for the resource, considering that uranium was not only used for electricity generation but [...]
Camec in £100m bid for Australian uranium miner
Camec, the African-mining group run by the former England spin bowler Phil Edmonds, has targeted expansion in the booming market for uranium after launching an offer for OmegaCorp that values the Australian miner at nearly £100m.
Uranium prices have surged 20 per cent to $113 a pound over the past week, the highest level since the [...]
Camec in £100m bid for Australian uranium miner
Camec, the African-mining group run by the former England spin bowler Phil Edmonds, has targeted expansion in the booming market for uranium after launching an offer for OmegaCorp that values the Australian miner at nearly £100m.
Uranium prices have surged 20 per cent to $113 a pound over the past week, the highest level since the [...]
