Posts Tagged ‘uranium’

OTTAWA, ONTARIO–(Marketwire – Feb. 7, 2012) – Orezone Gold Corporation (TSX:ORE) announces that it plans to enter into definitive share exchange agreements (the “Share Exchange Agreement”) with the minority shareholders of its 67% owned uranium subsidiary, Brighton Energy Corporation Full story

BHP Billitonis “rapidly spending” the $1.2 billion it promised the South Australian government it would invest in the lead up to the mining giant's decision on whether to proceed with the expansion of the Olympic Dam mine, says Premier Jay Weatherill. Full story

BHP Billiton has bought up several exploration tenements near its Olympic Dam mine in South Australia. Full story

cooke.jpg Gold Fields and Gold One International have entered into a Memorandum of Understanding (MOU) to investigate the viability of concurrently reprocessing their combined surface tailings deposits, located on the West Rand region of South Africa’s Witwatersrand Basin. Gold One and Gold Fields currently operate mines on the West Rand, a region with a long history of gold and uranium mining. Gold Fields and ... Full story

By Jeb Handwerger Commodities In Characteristic Selloff Once again at the end of 2011 we heard the voices of negation sounding the fear of the bursting of the commodities bubble. The naysayers come out with their Cassandra calls whenever commodities go into a characteristic and salubrious selloff. They never really learn to respect the importance of gold ( GLD ) and silver’s ( SLV ... Full story

AUSTRALIA'S peak mining industry body has set the scene for a renewed debate on the mining tax, arguing the sector has not agreed to a minimum amount of revenue to be raised from the controversial scheme. The Gillard government has projected the minerals... Full story

First Uranium (TSE:FIU) said it plans to lay off up to 1,850 employees at its Ezulwini Mine in South Africa. First Uranium said action was necessary in order to stem ongoing operating losses. “The extremely unfortunate fatal accidents in the latter half of the calendar year have had a significant impact on employee morale and productivity, and as such the expected improvement in production ... Full story

JOHANNESBURG (miningweekly.com) − Job seekers in the Australian mining and construction industry were likely to benefit from a favourable hiring climate in the first quarter of 2012, said recruitment solutions provider Manpower. Continue reading at Mining Weekly Full story

A commodity is something that has universal definition and demand. Everyone knows what food is, and everybody wants it Full story

Goldman Sachs Group forecast that commodities may rally 15% in the next 12 months, sticking with an “overweight” recommendation on raw materials and predicting Brent crude may surge to highest level since 2008. Full story