Hydrogeological testing has commenced at AMU’s flagship Lo Herma ISR Project in Wyoming’s Powder River Basin to validate aquifer performance concurrent with Phase 1 drilling which aims expand the 8.57Mlb resource at Lo Herma.
American Uranium Limited (ASX:AMU, OTC:AMUIF) (American Uranium, AMU or the Company) is pleased to advise that hydrogeological testing at its Lo Herma ISR uranium project in Wyoming’s Powder River Basin has commenced. Testing is being undertaken by Petrotek Corporation, a leading injection well and subsurface resources consultancy with more than 28 years of experience in hydrogeological... Keep Reading...
Perth, Australia (ABN Newswire) - American Uranium Limited (ASX:AMU,OTC:GTRIF) (OTCMKTS:GTRIF) is pleased to advise that The State of Wyoming's Land Quality Division (LQD) has now approved AMU's resource development drilling program. The first phase of drilling is expected to commence during the coming quarter with further details the timing of the drilling and hydrogeolical testing to be... Keep Reading...
China National Uranium (SZSE:001280) more than tripled in value during its first day of trading in Shenzhen, raising about 4 billion yuan (US$570 million) in its Wednesday (December 3) debut.According to an exchange filing cited by Bloomberg, the state-backed miner priced 248 million shares at... Keep Reading...
Niger’s military government announced that it intends to put uranium produced by the SOMAÏR mine on the international market.Head of the junta, General Abdourahamane Tiani, told state television Tele Sahel that “Niger's legitimate right to dispose of its natural riches to sell them to whoever... Keep Reading...
Orano said it “strongly condemns” the removal of uranium from the SOMAÏR mine in Northern Niger.The French firm called the transfer illegal and a direct breach of the International Center for Settlement of Investment Disputes’ (ICSID) September ruling, which prohibits the material's sale or... Keep Reading...
Canada and India are preparing to unveil a multibillion-dollar uranium export agreement, marking the strongest sign yet that the two countries are rebuilding ties after a diplomatic freeze. Two people familiar with the negotiations revealed that the deal, valued at roughly US$2.8 billion, would... Keep Reading...