There are "growing signs" that Outer Harbour will take precedence over BHP's massive Olympic Dam project and the greenfield Jansen potash venture in Canada.
If the board of the world's largest miner does not make a decision on the giant copper-gold-uranium-silver project in South Australia's outback by 8 December then it would lose all approvals and royalties concessions.
John Hick, lead independent director of First Uranium Corp, described demands from Olma Investment Group and other dissident shareholders received by the company Tuesday as "unrealisic".
The copper-uranium-gold-silver project has a 100 year mining life, so a glitch this year was unlikely to sway a company that thinks well ahead, the CEO of the Olympic Dam Taskforce said Tuesday.
Rick Rule's presentation at the New York Hard Assets Conference earlier this week sees some light for the informed junior resource investor despite current patterns which have mostly been Bad or Ugly!
Uranium Energy Corp. has acquired the rights to explore for uranium on the Channen Project, a 10,704-acre property located in southern Goliad County, Texas.
“Where the industry previously lacked investment opportunities and choice, it now has more projects than cash flows. All of us in the industry are having to make choices.”