No uranium protesters rally in Sydney

Demonstrators have rallied outside NSW Parliament House to voice their opposition to state government plans to let a uranium industry.Images of destruction from Japan's tsunami and 'No-nuclear' signs were held outside the gates as about 50 people took to Macquarie Street through the lunch hour, chanting: 'Shame Barry Shame'.

NSW Deputy Opposition Leader Linda Burney told the crowd Premier Barry O'Farrell couldn't be trusted, after he exposed plans to reverse a 25-year ban on uranium exploration in the state. 'Do not trust Barry O'Farrell,' she said. 'Just before the election he said that he was not involved in nuclear exploration and mining in NSW. 'He has now known the go-ahead for exploration.'

Earlier, Ms Burney told AAP that NSW Labor remained opposed to uranium mining and exploration, in spite of the federal Labor conference in December voting to undo its longstanding three-mine policy preventive the number of uranium mines in the country. Standing beside her, Greens upper house MP Jeremy Buckingham told demonstrators his party stood with NSW Labor in differing uranium mining.

Hathor urges shareholders to reject Cameco bid

Hathor Exploration (HAT.TO) urged shareholders on Wednesday to reject a conquest offer from Cameco Corp (CCO.TO), saying the C$520 million ($526 million) bid undervalues the excellence of its Roughrider uranium deposit.

Cameco launched its aggressive bid for the uranium exploration company in late August, after talks meant at a friendly deal failed [ID:nNL4E7JQ27] at stake is Hathor's Roughrider deposit, a uranium project situated near Cameco's Rabbit Lake mill in the Athabasca Basin of the Canadian province of Saskatchewan.

Hathor said Cameco's C$3.75 a share offer was financially insufficient and failed to ascribe value to Roughrider and to its other assets, as well as its Russell Lake property in the southeastern Athabasca Basin, Cameco, which is Canada's top uranium producer, argue that Hathor is underestimating the costs, timeline and risks related with building a uranium mine and mill, and as such, has overstated the worth of its projects.

Uranium is the next year gold

A military coup, massacre of civilians and the attempt murder of the coup leader is not what Forte Energy had in mind when it bought the human rights to dig for uranium in the West African state of Guinea. After a horrible 18 months, bullish Aussie chief in service officer Brad George reckons all bets are reverse on and uranium could be “next year’s gold”. The company was target a JORC-compliant resource approximation at Firawa when the president died and an opportunistic army officer took over. Within a year, Captain Moussa Dadis Camara had been shot in the head by the previous chief of the presidential guard.

Just three months earlier, soldiers loyal to Camara slaughtered 150 civilians protest at his predictable candidacy in elections. He hasn’t returned to Guinea, exit his old defence minister to organise the voting. Forte hopes all the problem is over and it can get back to business. Investors empty the company on the assumption it had lost the Firawa license, but Forte chiefs expect they may return when Guinea sort its act out. George told ShareCast the exploration season is receiving underway again and the source should be several times bigger. “We are back to prove it up,” he said. A pre-viability study is planned for 2011.

Thankfully, the climate is altogether more peaceful though considerably hotter in Forte’s other goal area Mauritania. It’s been granted nine uranium exploration licences there and more permit are awaiting approval. Good news is the politics is less exciting than Guinea and the government is “squeaky clean”. Bad news was the company struggle to get test results back in a credible timeframe. It would take months to send and receive information, which lost Forte reliability in the City. Now there’s a limited laboratory in Mauritania run by an Irish solid that claims it can do it in just a few weeks. Assay subject solved, says George, also a mining forecaster at Mayfair based finance house Matrix.

Uranium Energy Corporation (UEC) Links Growth to Top Management Team

Uranium Energy Corp., a U.S. uranium exploration and development company using a giant uranium exploration database to goal properties in the Southwest, draws upon the diverse talents of a remarkable management team to take advantage of the burgeoning require for uranium. Mr. Adnani, since January of 2005, has a strong entrepreneurial background. He founded Blender Media, a Vancouver based company providing planned marketing and financial communications services to public companies and investor in mineral exploration, mining, and energy.

It was named one of the fastest rising companies in Canada. Earlier he co-founded Fort Sun Investments, a leading strategic marketing firm, providing services to little and mid-cap public companies. Mr. Anthony is internationally recognized specialist in the uranium industry, has been a professional engineer for 36 years. He is celebrated for being a pioneer in the development of the ISR process for uranium removal, a less costly and less environmentally damaging technique, and has been involved with every famous ISR uranium mine in the world.

He was a senior officer and director of the public company Uranium Resources, responsible for all technological aspects of mine development, and has provided technical services to many other companies. He is a sought-after speaker on uranium and connected issues. Mr. Obara has been a financial and administrative advisor to a number of private and public companies. He has served as the CFO and director of two publicly held investigate and technology companies, and was involved in their restructuring, organizing, and management.