While miners and explorers may be hitting the investment conferences looking for funding, NGOs are successfully using crowd sourcing to get projects started.
In what is likely to be upbeat year for Australian mining M&A, some large Asian and U.S. companies are ready to bet on the country's coal, iron ore and uranium assets to meet booming demand for power.
TORONTO, Jan. 16, 2012 /CNW/ - Uranium One Inc. today announced record production of 10.7 million pounds and record sales of 9.9 million pounds for the full year 2011.
AP reports that the Obama administration is ignoring intense lobbying from the mining industry and political opponents on the right and will formally ban new uranium mining on 1 million acres around the Grand Canyon on Monday. Miners who registered thousands of claims during the final Bush years remain free to push ahead with new projects.
The Obama Administration is expected to announce Monday a moratorium on uranium mining on a million acres near the Grand Canyon, The New York Times is reporting.