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    market news

    Mining firms going home

    Melissa Pistilli
    Aug. 15, 2008 08:36AM PST
    Market News

    Times & Transcript reports the government’s recently announced regulations on uranium exploration aren’t enough. Sheri Strickland, spokeswoman for the Department of Natural Resources, says along with Sparton, Ucore Uranium of British Columbia has also pulled out of New Brunswick. Harmen Keyser, VP of project development with Ucore Uranium says: We spent about $150,000 in the province over …

    Times & Transcript reports the government’s recently announced regulations on uranium exploration aren’t enough.

    Sheri Strickland, spokeswoman for the Department of Natural Resources, says along with Sparton, Ucore Uranium of British Columbia has also pulled out of New Brunswick.

    Harmen Keyser, VP of project development with Ucore Uranium says:

    We spent about $150,000 in the province over the last year, and most of that went to New Brunswick contractors and suppliers.”  “We’re not doing anything else until we have a chance to review how this is going to affect our rights and titles and obligations.”

    For complete story, click this link. To view Ucore’s company profile, click here. Follow developments in resource mining and exploration for free. Sign on to the Resource Investing Newsletter.

     

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