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    market news

    Uranium One Says Tanzanian Unit Prepared To Build Mkuju River Uranium Mine

    Investing News Network
    Oct. 24, 2012 11:43AM PST
    Energy Investing

    Mining Weekly reported Uranium One’s (TSX:UUU) says it unit in Tanzania will begin building its Mkuju River uranium mine.

    Mining Weekly reported Uranium One’s (TSX:UUU) says it unit in Tanzania will begin building its Mkuju River uranium mine.

    As quoted in the market news:

    Mantra Tanzania’s managing director Asa Mwaipopo said on Wednesday the Mkuju River project in southern Tanzania had an updated resource of 119.4-million pounds of uranium.

    Toronto-listed Uranium One is the operator of the Mkuju River project, which is owned by the Canadian uranium producer’s majority shareholder, Russia’s JSC Atomredmetzoloto (ARMZ).

    Click here to read the full Mining Weekly report.

    market newsjsc atomredmetzolototsx:uuurussiauranium one
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