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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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Saturday March 13, 08:47Premium risk at Prudential

Insurance giant Prudential has stolen the headlines this week, after their decision to buy AIA, the Asian life business of US insurer AIG, has attracted a mixed response from shareholders.

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Friday March 12, 07:58Lithium and rare earths markets poised for growth

Right now, the world relies almost completely on China for its rare-earth supply. The Chinese have made it clear that they want to keep more supply for themselves as they try to be the world leader in green technology

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Friday March 12, 07:51White Energy enters coal deal with China Guodian Group

White Energy Company (ASX: WEC; OTCQX: WECFY) has inked a non-binding heads of agreement with state owned Guodian Inner Mongolian Energy Sources Co Limited to develop a coal upgrading [...]

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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).

Wednesday, June 24, 2009

Uranex taps $4.7 million capital raising to advance Manyoni uranium project study

company news image

Uranex (ASX: UNO) has raised $4.7 million via a placement of 11.8 million fully paid shares at 40 cents per share.

Funds raised will be used to advance the Manyoni Pre-Feasibility Study and exploration at the Mkuju Project. This follows positive scoping study results at Manyoni.

Uranex will use the injection of funds to progress "the company to uranium producer" John Cottle Managing Director of Uranex said.

Current Manyoni JORC Inferred Resource stands at 15 million pounds of U3O8 above 100ppm U3O8. Uranex is aiming to be Tanzania’s first uranium producer and has 4 tenements (3 granted and 1 application) covering an area of 4,700km2.  The project area is linked by road and rail to the national capital of Dodoma located 70kms to the east.

The Study is scheduled for completion by December 2009.

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