T.AZZ: Executes Earn-In Agreement for Kyzyl Ompul for Project Consideration of US$7.6 Million and a Net Smelter Royalty

GREENWOOD VILLAGE, COLORADO–(Marketwired – Aug. 2, 2017) – AZARGA URANIUM CORP. (TSX:AZZ)(FRANKFURT:P8AA)(OTC PINK:PWURF) (“Azarga Uranium” or the “Company”) is pleased to announce that its 70% controlled subsidiary, UrAsia in Kyrgyzstan Limited Liability Company (“UrAsia”), has executed an earn-in agreement (the “Agreement”) with Mining Investment Company Alliance (“Alliance”). The Agreement provides Alliance with an earn-in option to acquire a …

T.U: Uranium Participation Corporation Reports Net Asset Value at July 31, 2017

TORONTO, ONTARIO–(Marketwired – Aug. 3, 2017) – Uranium Participation Corporation (“UPC”) (TSX:U) reports its estimated net asset value at July 31, 2017 was CAD$390.6 million or CAD$3.23 per share. As at July 31, 2017, UPC’s investment portfolio consisted of the following: (in thousands of Canadian dollars, except quantity amounts) Quantity Fair Value Investments in Uranium: Uranium …

A.RIO: Rio Tinto announces cash generation of $6.3 billion and cash returns to shareholders of $3.0 billion

Rio Tinto chief executive J-S Jacques said “Today we have announced total cash returns to shareholders of $3 billion. By driving performance, focusing on cash and allocating it with discipline we are delivering superior cash returns to our shareholders. “These are strong results: operating cash flow was $6.3 billion and we met our $2 billion cash …

Utility stops construction of new South Carolina nuclear plant in ‘disappointing’ decision

South Carolina’s leading power utility decided Monday to cease construction at the V.C. Summer Nuclear Station’s two reactors after spending nearly $5 billion on the project. Santee Cooper’s board of directors approved the plan to stop construction of reactor units 2 and 3. The facility represented another blow for the nuclear power industry, which has …

T.DML : New High-Grade Discovery on Waterbury Lake Property

Denison Reports High-Grade Uranium Discovery on the Waterbury Lake Property TORONTO, ONTARIO–(Marketwired – Aug. 1, 2017) – Denison Mines Corp. (“Denison” or the “Company”) (TSX:DML)(NYSE MKT:DNN)(NYSE American:DNN) is pleased to report a new high-grade uranium intersection in basement rocks from the first hole completed as part of the summer 2017 drilling program at the Waterbury Lake …

V.PTU : McArthur East Gravity Survey Returns Anomaly Over Primary Exploration Target

Purepoint Uranium Reports McArthur East Gravity Survey Returns Anomaly Over Primary Exploration Target TORONTO, ONTARIO–(Marketwired – Aug. 1, 2017) – Purepoint Uranium Group Inc. (the “Company” or “Purepoint“) (TSX VENTURE:PTU) today reported the results of a ground gravity survey conducted at its 100% owned McArthur East project in the eastern area of Canada’s Athabasca Basin in …

China, Pakistan agree to uranium cooperation

China and Pakistan have agreed to cooperate in uranium exploration and mining. China National Nuclear Corporation (CNNC) said it had signed a framework agreement with the Pakistan Atomic Energy Commission yesterday for technical cooperation in the exploration and development of uranium resources. China signed a similar agreement with Saudi Arabia earlier this year. Under the new agreement, …