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Additional information
Additional Information
Market: ASX
Sector: General Mining
Epic: ASX:UNX
News: Latest news
Web Site: Uranex
Other Articles: 10-12-200930-10-200924-06-2009

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Tuesday March 16, 11:29Mercator Gold to sell exclusive Copper Flat option to Canada's THEMAC Resources

The deal will allow the group to retain a substantial interest in the promising Mexican copper-gold-molybdenum-silver project without the associated costs.

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Wednesday March 17, 03:46Access Pharmaceuticals’ Cobalamin oral platform could offer new way to administer insulin

This morning, Access Pharma reported that two independent animal studies confirmed earlier findings that Cobalamin offers significant bioavailability of orally delivered insulin

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Monday March 15, 08:01China's growth boosting commodity prices

The latest economic figures from China have put pressure on the dollar and boosted a number of high-yielding currencies, including the Australian dollar and the South African rand.

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Uranex

Uranex

Uranex is an Australian listed company with advanced uranium projects in Australia and Tanzania.

Two uranium resources have been defined in accordance with the 2004 Australian JORC Code guidelines, and further drilling is continuing on these deposits to further upgrade resources as to both quantity (tonnes) and quality (JORC Classification).

Tuesday, June 23, 2009

Uranex in capital raising trading halt, uranium market red-hot again

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Uranex (ASX: UNX) has requested a trading halt, pending an announcement by the company about a "substantial capital raising by way of a share placement" until Thursday 25 June 2009.

Uranex last traded at 40 cents.  This continues the recent spate of capital raisings by uranium developers and explorers, as medium term supply worries re-surface and ignite investor interest.

The uranium explorer recently commenced the Pre-Feasibility Study for its Manyoni Project in Central Tanzania, following positive Scoping Study results.

The Study is scheduled for completion by December 2009 for the prospective Manyoni Project.

The current Manyoni JORC Inferred Resource is 15 million pounds of U3O8 above 100ppm U3O8.  A new rig will provide low cost, high quality samples for the upgrade of the resource in 2009.

 

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