Uranium One today announced that Grier Colter has been appointed as the Company's Executive Vice President and Chief Financial Officer. Mr. Colter has over 15 years of experience in finance and most recently held senior level positions at Barrick Gold Corporation, with a focus on financial reporting, treasury and corporate finance. Before joining [...]
Uranium One today reported record revenue of $562.9 million for 2012 at an average total cash cost per pound sold of $16 based on sales of 11.7 million pounds at an average realized sales price of $48 per pound. Attributable production for 2012 was 12.2 million pounds.2012 HighlightsOperationalTotal attributable production during 2012 was a record [...]
Uranium One announced today that it has received securityholder approval for the proposed plan of arrangement pursuant to which JSC Atomredmetzoloto and its affiliates would acquire all of the common shares of Uranium One that they do not already own. Approval was given at a special meeting of Uranium One common shareholders and optionholders held [...]
Uranium One today announced that it has entered into a definitive agreement with JSC Atomredmetzoloto and its affiliate, Effective Energy under which the Company would be taken private pursuant to a plan of arrangement. ARMZ and its affiliates currently own 51.4% of the Uranium One common shares. Under the Plan of Arrangement, ARMZ would acquire [...]
Before the Fukushima disaster, the demand for nuclear power was rapidly growing as China and India had plans to construct over 50 nuclear reactors over the next five years. After pausing those plans in 2011 the countries have just recently began moving forward with their nuclear expansion plans. Five Star Equities examines the outlook for companies [...]
TORONTO, Nov. 1, 2012 /CNW/ - Uranium One Inc. ("Uranium One") announced today that it will release its third quarter 2012 results after market close in Toronto on Monday, November 5, 2012.Uranium One has also scheduled a conference call and webcast for investors and analysts at 10:00 a.m. (Eastern Time) on Tuesday, November 6, 2012.Live Conference [...]
Uranium stocks have struggled recently as uranium prices have experienced a sharp decline. Spot prices for uranium are currently at a new two-year low according to Ux Consulting. The Global X Uranium ETF (URA) has fallen nearly 14 percent year-to-date, after gaining as much as 20 percent during the first quarter. The Paragon Report examines [...]
TORONTO, Aug. 13, 2012 /CNW/ - Uranium One Inc. ("Uranium One") today reported quarterly revenue of $96.8 million for Q2 2012 based on sales of 1.9 million pounds at an average realized sales price of $52 per pound. Attributable production for the quarter was 3.0 million pounds at an average total cash cost per pound sold of $16.Q2 2012 [...]
TORONTO, July 30, 2012 /CNW/ - Uranium One Inc. ("Uranium One") announced today that it will release its second quarter 2012 results after market close in Toronto on Monday, August 13, 2012.Uranium One has also scheduled a conference call and webcast for investors and analysts at 10:00 a.m. (Eastern Time) on Tuesday, August 14, 2012.Live Conference [...]
Uranium One today announced that it has entered into a coordination and integration agreement with JSC Atomredmetzoloto, the holder of approximately 51% of Uranium One's outstanding common shares. The coordination agreement sets out a framework for enhanced coordination and integration between the parties in six designated areas - Uranium One's [...]
TORONTO, June 4, 2012 /CNW/ - Uranium One Inc. ("Uranium One") today announced that it has entered into a coordination and integration agreement with JSC Atomredmetzoloto ("ARMZ"), the holder of approximately 51% of Uranium One's outstanding common shares.The coordination agreement sets out a framework for enhanced coordination and integration [...]
The Uranium Industry after a tough 2011 has begun to rebound. According to numbers released by the World Nuclear Association there are 61 reactors that are presently under construction, and plans to build another 162. Long-term Uranium prices have finally shown signs of movement since the Fukushima disaster. The Paragon Report examines investing [...]