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Formation Metals Inc. (TSX:FCO,OTCQX:FMETF) primary asset, located in the mining friendly state of Idaho, is the 100% owned, Idaho Cobalt Project. The ICP is a unique, high grade, primary cobalt deposit which is comprised of the mine and mill site and the proposed refining facility, the Cobalt Production Facility, a stand-alone hydrometallurgical facility that will process the ICP Mine concentrates into cobalt sulfate, copper sulfate, copper concentrate, magnesium sulfate and gold. Connect with Formation Metals to get their latest news instantly.
Global Cobalt Appoints Andrey Melnikov CEO

Global Cobalt Appoints Andrey Melnikov CEO

Global Cobalt Corporation (TSXV:GCO) announced the appointment of Andrey Melnikov as the company’s chief executive officer, and Alexei Musteatsa was elected as the company’s interim chief financial officer, effective immediately.

TSXV Accepts Anfield Resources Acquisition of Uranium One Americas

TSXV Accepts Anfield Resources Acquisition of Uranium One Americas

Anfield Resources Inc. (TSXV:ARY,OTCQB:ANLDF) announced that TSX Venture Exchange has accepted for filing: and asset purchase agreement among Anfield Resources Inc, an amended assignment and assumption agreement dated June 30, 2015, among Anfield, the purchaser, Uranium One and U.S. Energy Corp. and a memorandum of understanding dated June 11,

Uranium Mining in the United States

Uranium Mining in the United States

The USA currently ranks ninth in the world for known uranium resources with 207,000 tonnes of uranium, behind Australia, Kazakhstan, Canada, Russia, South Africa, Namibia, Brazil and Niger. Mining operations are currently undertaken by a few companies on a relatively small scale; however, exploration is being conducted by many companies

Anfield Resources Raises $1,000,050

Anfield Resources Raises $1,000,050

Anfield Resources (TSXV:ARY,OTCQB:ANLDF,FWB:0AD) reported that it has raised $1,050,000. This was through a combination of a non-brokered, fully-subscribed, private placement of $500,000 secured convertible debentures at an interest rate of 15%, and an amended, fully-subscribed, non-brokered private placement of $550,000.

The Common Man: Betting on Uranium Exploration

Robert Simpson, a former journalist and leading authority on public perceptions, is trying his hand at investing in resource stocks. Here he explains why he’s giving uranium a shot and identifies the company he’s bought shares in. Read on to find out which it is.

China Looking to Grow its Stake in the Uranium Market

More than one big announcement from China hit the uranium space this week. First, China National Nuclear and China General Nuclear Power Group announced plans to obtain stakes in French nuclear company Areva. Then CNNC subsidiary CNNC International said it plans to seek acquisition opportunities to help meet growing Chinese

Energy Fuels Reports 2015 Quarterly Results

Energy Fuels Inc. (TSX:EFR) announced its financial results for its 2015 first quarter, which included a net loss of $2.36 million, or $0.12 per share, compared to $6.34 in Q1 2014. The company also provided an outlook for 2015.

Energy Fuels Files Technical Reports for 3 Projects

Energy Fuels Inc. (NYSEMKT:UUUU,TSX:EFR) announced the SEDAR filing of an updated mineral resource estimate and preliminary economic assessment for the Roca Honda uranium project (60% owned), a mineral resource estimate for its Wate breccia-pipe uranium project (50% owned). and an updated mineral resource estimate for its Sage Plain uranium/vanadium project

Plateau Uranium Inc. (TSXV:PLU) has successfully consolidated all known uranium resources on the Macusani Plateau in Puno, Peru, solidifying a dominant position in one of the largest undeveloped uranium districts in the world. Connect with Plateau Uranium to receive instant updates.
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