MINING.COM

New lawsuit to reverse Grand Canyon uranium mining ban

Canadian mining company Quaterra Alaska and county supervisors in northern Arizona have filed a lawsuit against the US government, aiming to reverse a federal 20-year closure of one million acres of uranium-rich public lands located near the Grand Canyon.

Cecilia Jamasmie | April 19, 2012 | 5:28 pm

Analysts raise uranium targets as producers show signs of life

One year after Japan’s Fukushima nuclear crisis, analysts are hiking ratings and price targets on uranium companies that have posted some impressive gains of late.

Financial Post | April 18, 2012 | 10:14 pm

IMF forecast gets more upbeat

The International Monetary Fund increased its outlook for the world's economy on Tuesday, saying it expects global GDP to expand by 3.5 per cent this year.

CBC Ottawa | April 17, 2012 | 7:36 pm

Silicon Valley looks east for cheap energy to power data centers: Greenpeace

While Silicon Valley maybe a center of the environmental activism, Greenpeace issued a report on Tuesday accusing IT companies of setting up data centers in the eastern United States where power is cheaper and dirtier.

Michael Allan McCrae | April 17, 2012 | 5:34 pm

Sunny day for uranium miners; Energy Fuels grabs Denison’s American assets

Denison Mines (NYSEAMEX:DNN) was up 14.69% to $1.64 on Tuesday after announcing Energy Fuels Inc. (TSE:EFR) will acquire all its mining assets and operations located in the United States in exchange for 425.44 million common shares of EFR.

Michael Allan McCrae | April 17, 2012 | 4:43 pm

Pele Mountain waves gold goodbye to focus on rare earths and uranium

Canadian rare earth explorer Pele Mountain Resources Inc. (TSX-V:GEM)(OTCQX:GOLDF) announced today that it has entered into a binding agreement to sell its Highland Gold projects to a wholly owned subsidiary of Prodigy Gold Inc. (TSX-V:PDG) for US$1.8 million.

Cecilia Jamasmie | April 17, 2012 | 4:35 pm