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Stock Market & Financial Investment News

News Breaks
May 20, 2014
08:33 EDTUECUranium Energy acquires Longhorn Project
Uranium Energy announced that it has acquired the Longhorn Project, located in central Live Oak County, Texas. Live Oak County has a long history of significant uranium production with an estimated output exceeding 30M pounds U3O8. On trend with the Company's Project, US Steel Corp. and other operators mined approximately 13.5M pounds of U3O8 using in-situ recovery methods along the historic George West district trend. The Longhorn ISR Project has an existing aquifer exemption which provides three major advantages. First, it eliminates a major permitting hurdle for the project, which will help expedite the regulatory process. Second, the existing AE interval already includes the mining zone of interest so no amendments are necessary. Third, the existing AE is large enough to allow additional expansion without amending the aquifer exemption boundary.
News For UEC From The Last 14 Days
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May 29, 2015
09:08 EDTUECUranium Energy advances Yuty ISR project in Paraguay
Uranium Energy announced that its Yuty ISR Project in Paraguay has received a signed resolution from the Ministry of Public Works and Communication, the national agency that regulates mining in Paraguay, advancing the Project from the Exploration Phase into the Exploitation Phase. In Paraguay, UEC controls one of the largest in-situ recoverable property positions in the world with approximately 750,000 acres of prospective area. The Company's Yuty Project has a National Instrument 43-101 Measured and Indicated Resource1 of 8.914 million pounds grading 0.052% U3O8 with an Inferred Resource of 2.226 million pounds grading 0.047% U3O8. The company's Oviedo Project has an Exploration Target2 of 23 to 56 million pounds grading 0.040% to 0.052% U3O8. Historic exploration by the Anschutz/Taiwan Power/Korea Electric Power joint venture, Cameco/Cue Resources, and recent exploration by UEC totals approximately $50M in advancing these projects.
May 27, 2015
08:07 EDTUECUranium Energy receives permits for expansion at Palangana ISR mine
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