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Canada Mining Company, Ivanhoe Mine To Develop Copper Mine Deposit in Mongolian
The Mongolian government has given the long-awaited green light for a proposal by Canada’s Ivanhoe Mines to develop one of the world’s richest copper deposits, the company said.
Atomic Minerals Announces Signing of Letter of Intent to Acquire 1209 Unpatented Uranimum Mining Claims in Colorado
Atomic Minerals Ltd. (”Atomic” or the “Company”) is pleased to announce that it has entered into an agreement in principle with 0754257 B.C. Ltd. (the “Target”) dated January 11, 2007 (the “Agreement”) to acquire all of the issued and outstanding securities of the Target (the “Proposed Acquisition”).
Atomic is a capital pool company and intends [...]
Uranium now a hot commodity
Uranium is the energy investment of choice for a growing number of hedge funds, which claim a sixfold gain since 2001 is just the beginning of a rally that will last years.
“We’re in a historic uranium shortage,” said James Passin, who manages $580 million at New York-based Firebird Management and began buying shares of uranium [...]
