Uranium

Uranium, also known as yellow cake or U3O8, incorporates uranium mining and uranium processing. Uranium is often used as feedstock in nuclear power stations to produce nuclear energy. Uranium also includes uranium price, uranium production, energy, nuclear science, nuclear power and energy generation.

Uranium One slashes production forecast

[img:Uranium%20-%20Pic%201_0.jpg|Aerial view of
Uranium One’s Dominion
processing plant
in South Africa
]Toronto, Canada --- MININGREVIEW.COM --- 22 February, 2008 - Uranium One Inc. – a Canadian-based uranium production company with a primary listing on the Toronto Stock Exchange and a secondary listing on the Johannesburg stock exchange – has announced a drastic reduction of almost one-third from its original production estimates for 2008. The company’s operations include the Dominion Reefs uranium mine in South Africa.

New Namibian uranium mine this year

[img:Uranium_2.jpg|A UraMin drilling
rig in operation
at Trekkopje
]Windhoek, Namibia --- MININGREVIEW.COM --- 18 February, 2008 - Emerging African uranium producer UraMin Inc – a subsidiary of world energy expert Areva – is scheduled to open its Trekkopje uranium mine, located about 65 km north-east of Swakopmund in Namibia, in July this year.

In a weekend interview here UraMin managing director Bert Leathly confirmed that the firm expected to export its first yellow cake through Walvis Bay at the end of 2009, but said that the export markets for the uranium oxide were yet to be confirmed.

He told the Namibian Economist that US$920 million (close to R7 billion) was being spent on capital expenses to bring the mine into production. “The company expects to produce 8.5 million pounds of uranium oxide per year, making it Namibia's biggest uranium mine,” he added.

Based on significant prior drilling, SRK Consulting has estimated a measured and indicated mineral resource of 18.4 million pounds of U3O8 (61 million tonnes at a grade of 0.014%), and an inferred mineral resource of 139.2 million pounds of U3O8 (502 million tonnes at a grade of 0.013%). “Trekkopje is expected to become one of the world’s ten largest uranium mines when it achieves full production, and will also be one of the top five low-cost, open pit uranium operations,” said Leathly.

Paladin on track in Africa

[img:Jan%2030%20Paladin_0.JPG|Paladin’s Langer Heinrich
uranium operation
in Namibia
]Sydney, Australia --- MININGREVIEW.COM --- 30 January, 2008 - Paladin Energy Limited – listed on the Australian and Toronto stock exchanges and operating in Africa and Australia with the focus on uranium – is on track with its African projects in Namibia and Malawi.

LARGEST RUBBER HOSE ORDER IN AFRICA

In what is believed to be the single largest order for industrial rubber pulp and slurry hoses on the African Continent, Transvaal Rubber Company (Truco) has supplied products totalling over R8 million to Kentz — a sub-contractor to Bateman on the Kenmare Resources-owned Moma Titanium Minerals project in Northern Mozambique.

Intended for installation between the dredger, plant and tailings dams, the large bore industrial hose includes unique products in terms of size and material of manufacture, as specified by Bateman and their Australian joint venture partners, Multiplex Limited.

URANIUM SURVEY BEGINS

Uranium Mali
Drilling crew at work in Mali

Canadianbased mining and exploration company North Atlantic Resources Limited has started an airborne survey of its three uranium exploration permit areas in the Republic of Niger. This West African country is the world’s fourth-largest uranium producer with annual output of 3 500 tonnes of U3O8.

NEW DRC COPPER AGREEMENT

London-based and AIM-listed Brinkley Mining Plc – a uraniumfocused exploration and development company – has signed a framework agreement which gives it a 75% interest in the uranium projects of the Democratic Republic of Congo (DRC). The agreement is a joint venture with the DRC government, which holds the other 25%.

At a conservative estimate, the DRC uranium resources are reported to be worth at least US100 million (more than R700 million) to Brinkley, although this is regarded as merely the tip of the iceberg in such an under-explored and uranium-rich region.

NEW DRC COPPER AGREEMENT

London-based and AIM-listed Brinkley Mining Plc – a uraniumfocused exploration and development company – has signed a framework agreement which gives it a 75% interest in the uranium projects of the Democratic Republic of Congo (DRC). The agreement is a joint venture with the DRC government, which holds the other 25%.

At a conservative estimate, the DRC uranium resources are reported to be worth at least US$100 million (more than R700 million) to Brinkley, although this is regarded as merely the tip of the iceberg in such an under-explored and uranium-rich region.

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