Obama To Propose Tripling Of Nuclear Loan Guarantees To US$54 Billion

* Breaking News - JANUARY 29, 2010, 1:53 P.M. ET

The Obama administration is planning to propose tripling a program that provides loan guarantees to construct nuclear reactors, an administration official said Friday, aiming to reach out to Republican lawmakers in an effort to break a logjam over energy policy.

The Obama administration will seek loan guarantees totaling about $54 billion, the official said. That is up from the $18.5 billion authorized. The details are to be unveiled Monday when the White House makes a fiscal 2011 budget request.

LINK http://australianuraniumquicksearch.blogspot.com/

Cheers from tturaniuminvest :)

ERA, majority owned by Rio Tinto Ltd, said the outlook for the uranium market remained bright due to sustained government interest around the world in nuclear energy as a viable source of power.

It said production and sales in 2010 are likely to be broadly similar to previous years, albeit weighted to the second half.

Net profit for calendar 2009 was $272.6 million, up from $221.8 million in 2008, after sales of uranium oxide lifted revenue by 55 per cent to $767.8 million.

ERA says sales revenue rose mostly due to an increase in the average realised sales price.

It realized an average sales price of uranium oxide of $US50.84 per pound in the year, up from $US32.53 per pound in the previous year.

LINK: http://australianuraniumquicksearch.blogspot.com/

Cheers from tturaniuminvest :)

.

Gippsland Limited (ASX: GIP, FRANKFURT: GIX) said the global tantalum market is still expected to experience a significant supply shortfall by 2011 and beyond despite the inflow of what it called cheap conflict tantalum from the Democratic Republic of Congo, which has forced a number of legitimate but high cost tantalum miners and projects including Talison’s Australian operations and Cabot Corporation’s Canadian Tanco operations out of business.

The company expects the tantalum supply shortfall to be further exacerbated by the constraints applied internationally to the use of conflict tantalum, mined by minors and adult workers under adverse conditions, to progressively exclude this material from the supply chain.

The unavailability of this kind of tantalum has sparked interest in the raw material from Gippsland’s Abu-Dabbab project with the company currently engaged in discussions with a number of major tantalum refiners over additional tantalum offtake and involvement in the project. Gippsland expects the shortage and the constraint on conflict tantalum usage to place it in a position to secure a long-term offtake agreement in the near future.

Gippsland already has an agreement with German tantalum refiner HC Starck GmbH for the delivery of conventional tantalum slags and concentrates. The two companies are currently in negotiations to vary the agreement for the delivery of a more valuable high purity synthetic tantalum concentrate (SynCon).

The Abu Dabbab Project has a JORC compliant mineral resource of 44.5 Mt (million tonnes) at a grade of 250 g/t (grammes per tonne) Ta2O5 (tantalum), while the Company's nearby Nuweibi tantalum deposit has a JORC mineral resource of 98 Mt at a grade of 147 g/t Ta2O5.

The total contained Ta2O5 content within the Abu Dabbab and Nuweibi deposits is 55 million pounds of Ta2O5, which Gippsland said was sufficient to satisfy global tantalum demand for more than a decade.

Abu Dabbab is scheduled to commence operations at an initial mill feed rate of 2 Mtpa (million tonnes per annum), producing in excess of 650,000 pounds of tantalum pentoxide per year, which by today's standards would make it the world's largest producer.

The company added that during sampling at its prospecting licenses in Eritrea, anomalous results for gold, copper and zinc were recorded from all of the three 100 sq km (square kilometre) licenses. Based on these results, the company has decided to double its holdings in Eritrea by applying for a further three 100 sq km prospecting licenses in the Adobha region.

During the quarter Gippsland completed a renounceable rights Issue to all shareholders to raise $3.87 million for the company before costs.

Here is a partial list of ASX listed companies with Tantalum Tantalum is a strategic metal. Galaxy Resources Australia's most advanced Lithium play also has Tantalum.

Today's Petroleumnews.net has a little snippett on them today:

"AusTex’s Clark-1 well in the Cooper project in Sheridan County, Kansas, is currently producing 250 barrels of oil per day with no water from the Toronto Formation.

This is expected to increase once a permit for the use of the old Walker-2 well for water disposal is received, allowing the company to flow oil from the Lansin-Kansas City Formation, which had tested at 230bpd of oil and 70bpd water.

AusTex has a 53% working interest in the Cooper project."

For those that don't know about AOK it could be a good time to check this little Aussie producer out. Not only have they increased their acreage by a couple of hundred percent they have tied up some crucial technology for the whole of Oklahoma that allows for the rejuvenation of wells that were abandoned when oil was around $10 per barrel. They control the IP and patents and are also now cash flow positive. (I'm up 100% on my origional stake and can see plenty more upside to come.)

"Arrow increases gross 2P reserves by 2,058 PJ – Exceeds 2009 reserves addition target by 350%."

Arrow Energy Limited (ASX:AOE, Arrow) is pleased to announce a significant reserves upgrade certified by independent consultants Netherland, Sewell and Associates Inc (NSAI) and MHA Petroleum Consultants LLC (MHA).

Arrow’s gross proved and probable (2P) reserves have increased 50.3 percent to 6,150 PJ while gross proved, probable and possible (3P) reserves are up 18.6 percent to 11,042 PJ. The company has added 3,458 gross 2P reserves in 12 months which substantially exceeded our target to add at least 1,000 PJ of gross 2P in 2009. After adjusting for the recent Shell pre-empt on Tipton West 2P reserves net to Arrow have increased 53.4 percent to 3,690 PJ and net 3P reserves have risen 13.8 percent to 5,781 PJ.

Read the announcement

Paladin unlikely to meet uranium target 27/01/2010 6:38:23 PM

Uranium miner Paladin Energy Ltd will probably fail to meet its full year production guidance after disappointing ramp up rates at its second African mine, an analyst says.

Paladin's December quarter report says production at its second mine, Kayelekera in Malawi, is ramping up at slower than planned rates "but rapidly improving".

Paladin said conventional components of the plant were running well but there had been throughput issues with a screening facility.

"Although the challenges ... have restricted planned production, steady improvement in performance is evident," the miner said on Wednesday in a statement.

"A significant step change in production is expected during February, the expectation remaining that nameplate capacity will be achieved by the end of the March quarter."

Slow ramp-up at Kayelekera and Paladin's first mine, Langer Heinrich in Namibia, during the September quarter prompted the company in October to revise downwards its full year output target.

It now expects to produce between 5.6 and 6.1 million pounds of uranium oxide, from 6.6 million pounds previously.

"Continuing problems mean the uranium producer is unlikely to meet its full year production guidance," IG Markets research analyst Ben Potter said.

Langer Heinrich reached optimal `stage two' production levels mid December quarter, boosting the company's total output to 987,310 pounds, up from 744,188 pounds in the September quarter.

The company also said on Wednesday its capital cost estimate for the stage three Langer Heinrich expansion had jumped to $US99.5 million ($A110.49 million) from $US71 million ($A78.85 million) previously.

The miner said it was well advanced with a trial shipment of uranium to China "to test and demonstrate the efficiency of logistics from Africa to Chinese conversion facilities".

Its existing customers are largely nuclear power plant operators in Europe.

Paladin said it concluded a new long-term sales contract with a major Asian utility during the December quarter for four million pounds of uranium oxide.

The contract commences in 2012 "on terms which will capture the expected strengthening market price".

WE came up with the following:

• CBH RESOURCES LTD
• KAGARA LTD
• MINERALS AND METALS GROUP AUSTRALIA LTD
• PERILYA LTD
• TERRAMIN AUSTRALIA LTD

Does anyone know of any more ASX listed companies that are currently producing lead?

We'd be interested to add them to our knowledge database.

TradeTech's U3O8 spot price indicator now stands at US$43.75/lb, US75c (1.69%) lower than the week prior.

The consultant registered five transactions for a combined total of approximately 700,000 pounds U3O8 equivalent. Buyers included utilities and intermediaries, with TradeTech indicating prices in some of the spot transactions concluded were below the new spot price indicator.

The consultant adds the drop in price seems to have attracted new demand which, in turn, is likely to ease some of the downward pressure on prices.

TradeTech's Mid-Term U3O8 Price Indicator stands at US$50.00/lb, Long-Term Price Indicator stands at US$60.00/lb.

Cheers from tturaniumivest

LINC's high grade coal tenement's for sale include:

• Emerald: The Emerald (Teresa) tenement - inferred 852 million tonnes ("mt") resource in accordance with the JORC code* contains coal of coking and thermal grade.

• Galilee: Coal mineralisation exploration target(1) of 3.0 - 3.4 billion tonnes**, including 1.6 - 1.9 billion tonnes identified for potential extraction via open cut mining methods within a depth of 120 metres.

• Pentland: The Pentland tenement containing a total thermal coal resource of 266mt in accordance with the JORC code**

Recent Developements USA "Linc Energy now holds more Wyoming State coal leases than any other company, with a coal acreage footprint of 173,327 acres. This puts Linc Energy into a very strong position to undertake commercial UCG operations in Wyoming and move quickly to the construction of a commercial Gas to Liquids facility in the USA."

South Australia SAPEX's Ground... Several billion tons of coal that can be converted to oil for around $30 per barrel with 1 ton of coal giving ~1.5 BOE...

"Five exploration wells intersected coal at depths of between 200 and 293 metres with coal seam thickness of up to 23 metres. JORC Code of 1.0 to 1.3 billion metric tonnes. The coal deposit is at an ideal depth for Underground Coal Gasification (UCG) "

Vietnam: Linc Energy entered into a business cooperation contract with Vietnam National Coal and Mineral Industries Group (VINACOMIN) and Japan’s Marubeni Corporation to undertake a trial UCG project in the Red River Delta region in Vietnam.

As you may have noticed Australian-Shares.com has had a revamp. We are also currently updating all our data and as you can imagine this is a long and complicated process. We estimate that it will take about 3 months to research, compile and then bring in all the new data. It is a bit like painting the Sydney harbour bridge as when you finish it you only get a bit of time before you have to redo it again.

I'll let you know every few days what we've updated so make sure you check back in. Thank you and please bear with us, we really appreciate the support.

Cheers,

Susannah (Content Manager)

info@intaanetto.com

Copper, king of metals by Barry Sergeant, Mineweb.net company news

Measured over the past 12 months, rolling stock price returns from listed mining specialists have been dominated by broadly-defined copper stocks.

There are two main reasons explaining this phenomenon, starting with the sharp decline in most commodity prices between mid-2007 and mid-2008. Copper, for one, fell from around USD 4.10/lb to USD 1.25/lb during the second half of 2008, but recovered sharply, in line with most commodities, during 2009, and is now trading up around USD 3.35/lb.

Even at the lowest levels seen during the closing months of 2008, few genuine copper miners across the world experienced cash losses. It was very different for a number of other miners, which crashed deep into negative cash loss territory, with nickel, aluminium and diamonds among the most aggravated cases.

The other main reason for the superior rating of specialist copper miners probably resides in the ability of copper miners to make cash, as mentioned, even at the bottom of a cycle.

There are many other producers, but not too many, and many buyers. In contrast to aluminium and nickel, developments in and around China have had only positive effects on the global copper mining sector.

ENDS

IMO: In terms of timing if the WM releases the JORC sooner than latter he will have blitzed it with spot on timing. Having a large China based big brother with very deep pockets with a minority stake won't hurt either. So now we will see.... If I'm right there will be one or more announcements made very soon declaring the buy-in and the JORC.

(Some of you may remember my posting that this is what I hoped for back in 2007).

Botswana Stock Exchange (BSE) listed uranium explorer A-Cap Resources Limited says it has recently completed a new airborne radiometric and magnetic survey over the Company's Makgadikgadi tenements.

The company which is also at an advanced stage towards uranium mining in the Serule and Letlhakane areas, says in a statement that Preliminary interpretation of the data has identified 16 high priority radiometric targets for initial follow up.

" A-Cap will be conducting ground checking of the anomalies early in 2010 as soon as the wet season finishes and access can be made.

"The geology of the area of the Makgadikgadi Prospecting Licences is essentially the basal sequence of the Karoo Supergroup.

"These rocks have been known to host economic deposits of uranium throughout southern Africa such as the Kayelekera deposit in Malawi and A-Cap's own Letlhakane Project in Botswana. Airborne radiometrics are one of the principal early stage exploration tools and in this instance A-Cap has immediately identified 16 targets for ground follow up in early 2010," reads a statement from the company. A-Cap says its ambitions to become Botswana's first uranium miner are being spurred on by anticipated high nuclear energy demand from China and India in the coming years. A-Cap holds six prospecting licences covering a total area of 4,400km2 and three licences under application covering a further 3,000km2. All grounds held by A-Cap was previously explored by major companies, among them Falconbridge, BCL, Urangesellchaft and Union.

Full story

I hold A-CAP and feel that it is a very undervalued play when compared to the Namibian Uranium explorers such as PDN and EXT. (And is valued at less than 10% of Bannerman's Uranium in the ground)

They provide a quick method of understanding the various types of Geothermal plays. Hot Rock Energy Videos

In the understatement of the year J Heugh mentions that CTP "lacks credibility in the market". Personally having closely followed CTP's progress and as an early investor I couldn't agree more.... but the lack of credibility seems to rest with the laziness of Australia's broking houses so called researchers and the various other market commentators who never venture beyond the ASX's top 100.

IMO CTP is one of Australia's great gems and those that get on board are in for huge gains.

THE INTERVIEW

http://australian-gas.com/images/CTP-projects.gif

http://www.ucg-gtl.com/images/ctp-ucg-gtl.gif

In light of the newest exposed information, and revelations of the largest corruption and conspiracy in modern history, right to the executive office of the United States of America, someone damn well needs to be indicted and prosecuted in the world wide hoax of man-made global warming starting with the past Vice President, Al Gore

Please Follow Link To View An Array Of Informative Climategate Videos, That The Governments Of The World Would Like Us All To Ignore.

The Revealing Truth On The Global Warming Scam

LINK

http://australianuraniumquicksearch.blogspot.com/2009/12/climategate.html

Cheers from tturaniuminvest

.

Click Chart To Enlarge http://i33.tinypic.com/29cnbex.jpg

To View Some Excellent Archived 1970's Video's

VISIT MY OTHER SITE

@ australian-uranium-quick-search

http://3.bp.blogspot.com/_dqeZ855XTpU/SqRZqiJu-VI/AAAAAAAAAEk/nJisY1SKaJA/S220/URANIUM+STOCKS+IMAGE.jpeg

.

The figures for 2008 come from a combination of International Atomic Energy Agency statistics and World Nuclear Association research, and include the 14% share as an estimate for the year. This sudden drop is sure to be reversed with the effects of the financial crisis. Flexible but more expensive fuels such as gas that are used to meet peak loads are immediately reduced on drops in demand, while bulk low-carbon sources such as nuclear power and large hydro continue to supply at their usual levels. Renaissance in earnest from 2013? No new reactors started operation in 2008, but construction did begin on ten units, indicating that the same number could be completed per year from around 2013 as visible results of the global push for more nuclear power. Construction starts in 2008 came in China (six units), Russia (two) and South Korea (two). The extensive new build programs in China and Russia are well funded and supported, and China is proposing to accelerate build rates year on year into the middle of the century. Given that India is preparing a major push for new build at the same time as countries such as Italy, the UK and the USA, the 2013-2018 timeframe is expected to see the start of many new construction projects. Decisions in Argentina, Brazil, Slovakia, Romania and the USA to complete stalled nuclear projects first in line with simple economics will see more reactors enter operation in the nearer term. In addition, of course, will come large reactors in Finland and France, as well as two in Japan, two in India, five in Russia and some 12 in China that are all due for completion around 2013.

Western Australia's peak resources body has seen an increase in membership this year, despite a really difficult year for the miners.

Twelve new resource companies signed up to the Chamber of Minerals and Energy, a 3 per cent increase on last year.

Chief executive Reg Howard-Smith says there have been some positives for the resources sector in 2009.

"It's been a year where there's been a lot of policy achievement, with the new state government coming on board, and a lot of the issues that the chamber has been advocating for some years are actually coming to fruition," he says.

"We've actually seen a couple of sectors expanding over the last 12 months and one of those is uranium.

"The uranium industry is gearing up for production in a few years' time, and so that has meant a lot more activity."

http://www.abc.net.au/rural/news/content/200911/s2750993.htm

TOP DAILY PERFORMERS

Friday 20th November 2009 http://i47.tinypic.com/1rqadi.jpg

Thursday 19th November 2009 http://i50.tinypic.com/33y2xsi.jpg

Wednesday 18th November 2009 http://i45.tinypic.com/1z3409d.jpg

Tuesday 17th November 2009 http://i36.tinypic.com/35luib4.jpg

Unfortunately Forum posting Limits Images/Charts to just 4 ( Attention Admin we need 5 ) to cover weekly overview.

Cheers from tturaniuminvest

http://daytradingdiaries.blogspot.com

http://australianuraniuminvesting.blogspot.com

http://australianuraniumquicksearch.blogspot.com

ABSOLUTELY BRILLIANT

Hosted by Stewart Brand. * Full Watch Also Available 1.43Hrs*

Link To Video http://topofblogs.com/thumbs/medium/5/t_28472.jpg

Cheers from tturaniuminvest:rolleyes:

.

US lawmakers approve landmark climate bill Washington, June 27, 2009

The US House of Representatives narrowly approved a historic climate bill that for the first time would force US companies to limit greenhouse-gas emissions blamed for global warming. The 219-212 vote marks a major victory for President Barack Obama, who has made global warming and clean energy legislation a top priority for his administration.

But the legislation deeply divided US politicians, businesses and even climate groups. The outcome of the House vote was uncertain to the very last minute: Only eight Republicans voted in favour and 43 Democrats voted against the measure.

The bill now moves to the Senate, which could have an even tougher time getting the measure passed. Groups on both sides have also vowed to continue pushing for changes as the legislation makes its way through the US Congress.

The US, which together with China emits about half of the world's greenhouse gases, has long faced pressure from other governments to more aggressively reduce its carbon footprint. German Chancellor Angela Merkel, who met Obama earlier Friday at the White House, backed the House bill as "an enormous success, which I would not have thought possible a year ago".

The mandatory emissions curbs approved Friday were long resisted by former president George W. Bush. The Obama administration hopes the bill will bolster the country's bargaining position at a critical meeting in Copenhagen in December, where governments are expected to thrash out a new global treaty to combat climate change.

"It's a huge boost to the international negotiations," Jennifer Haverkamp of the Environmental Defence Fund, a non-partisan environmental group, told DPA. "The negotiations have really been on hold, waiting to see what the United States will do," she said. The centrepiece of the legislation is a so-called cap-and-trade system, which already exists in Europe and creates a market for carbon dioxide emissions that cause global warming. Companies would get pollution allowances that can be traded between dirtier and cleaner firms.

Supporters and opponents of the bill had been lobbying furiously throughout the week. Climate, business and industry groups have been out in force with television advertisements and mobilising their supporters to call their congressional representatives.

Lawmakers were locked in a spirited debate on the floor of the House throughout the afternoon. Opposition Republicans and some Democrats argued the bill would impose an undue burden on the US economy and shift jobs to emerging economies with less stringent environmental rules.

"The jobs will go to China and the (US) economy will go to hell," said Dana Rohrabacher, a Republican from California. "Wake up America!" Obama hopes a cap-and-trade system will cut US emissions 17 percent below 2005 levels - about seven percent below 1990 levels - by 2020, and nearly 80 percent below 2005 levels by 2050.

Obama earlier Friday said the US had failed to tackle climate change in the past and acknowledged the country was lagging behind Europe in reducing emissions.

"Europe in many ways over the last several years has moved more rapidly than the United States," Obama said after his meeting with Merkel. He was "impressed" with Germany's "foresight and commitment to clean energy".

"It is my hope that the United States will match that commitment today," Obama said of the House vote.

But the bill has been watered down over the last few weeks and is still below the European Union's commitments. The EU has promised a 20-percent emissions cut below 1990 levels by 2020 and called for other wealthy countries to adopt stiffer targets as well.

Democratic leaders were forced into last-minute compromises to get the backing of lawmakers from farm and coal producing states, agreeing to hand out some pollution credits for free. The compromises have made some climate groups uneasy. Carl Pope of the Sierra Club said his organisation would be pushing for major changes in the coming weeks.

"We urged the House to pass this bill so that we could work to strengthen it before it reaches President Obama's desk," Pope said in a statement. "It is now of the utmost importance that the Senate improve several of its provisions."

US businesses, many of which have pushed for a federal cap on emissions to replace a patchwork of state regulations, have also been divided over whether to support the bill.

The US Chamber of Commerce, which represents more than three million businesses around the US, came out in opposition.

"The chamber hopes, at some point, that Congress will find a way to balance the need for a strong US economy while still addressing global climate change. Unfortunately, Congress has fallen short with this bill," William Kovacs of the chamber said in a statement.

http://www.hindustantimes.com/StoryPage/StoryPage.aspx?sectionName=HomePage&id=333e0f06-3c28-4877-9d1a-1e40e9555d62&Headline=US+lawmakers+approve+landmark+climate+bill .

Clickable Chart http://i34.tinypic.com/1z1s49c.jpg

VISIT MY OTHER SITES

@

australian-uranium-quick-search

http://australianuraniuminvesting.blogspot.com

http://3.bp.blogspot.com/_dqeZ855XTpU/SqRZqiJu-VI/AAAAAAAAAEk/nJisY1SKaJA/S220/URANIUM+STOCKS+IMAGE.jpeg

Cheers from tturaniuminvest

Clickable Chart http://i37.tinypic.com/5pijhu.jpg

VISIT MY OTHER SITES

@

australian-uranium-quick-search

http://australianuraniuminvesting.blogspot.com

http://3.bp.blogspot.com/_dqeZ855XTpU/SqRZqiJu-VI/AAAAAAAAAEk/nJisY1SKaJA/S220/URANIUM+STOCKS+IMAGE.jpeg

Cheers from tturaniuminvest

http://www.world-nuclear-news.org/uploadedImages/wnn/Images/Floating%20NPP%20%28Energoatom%29.jpg How the completed floating plant could look (Image: Energoatom)

An acceptance committee has confirmed that reactor is to the required standard. The committee comprised representatives from NN-AEP, Afrikantov OKBM, from Energoatom's Directorate for the Construction of Floating Nuclear Power Plants, the Russian Maritime Register of Shipping and the Federal Service for Ecological, Technological and Nuclear Supervision (Rostekhnadzor). Assembly of the first reactor for the floating plant was completed earlier this year and the reactor vessel for the unit was shipped to the Baltiysky Zavod shipbuilding company in St Petersburg on 31 May for fitment to the completed keel of the first floating plant, the Akademik Lomonosov. The pressure vessel for the second reactor was shipped on 5 AugustThe reactor internals are scheduled to be shipped to the company in mid-August. The Akademik Lomonosov will house two 35 MW KLT-40S nuclear reactors, similar to those used in Russia's nuclear powered ice breakers, and its generators will be capable of supplying a city of 200,000 people, officials said. OKBM has designed and supplied the reactors, while Kaluga Turbine Plant will supply the turbo-generators. The power vesselwas originally destined for the Archangelsk industrial shipyard, which is near to Severodvinsk in northwestern Russia, but will now be deployed at Vilyuchinsk, in the Kamchatka region in Russia's far east. Baltiysky Zavod is to complete the floating plant in 2011. It should then be ready for transportation by the second quarter of 2012 and is set to be handed over to Energoatom by the end of 2012. Rosatom is planning to construct seven further floating nuclear power plants in addition to the one now under construction, with several remote areas under consideration for their deployment. Gazprom is expected to use a number of the floating units in order to exploit oil and gas fields near the Kola and Yamal Peninsulars.

Clickable Chart http://i33.tinypic.com/153wrc3.jpg

VISIT MY OTHER SITES

@

australian-uranium-quick-search

http://australianuraniuminvesting.blogspot.com

http://3.bp.blogspot.com/_dqeZ855XTpU/SqRZqiJu-VI/AAAAAAAAAEk/nJisY1SKaJA/S220/URANIUM+STOCKS+IMAGE.jpeg

Cheers from tturaniuminvest

Click Chart To Enlarge http://i35.tinypic.com/2lkp6qw.jpg

VISIT MY OTHER SITES

@

australian-uranium-quick-search

http://australianuraniuminvesting.blogspot.com

http://3.bp.blogspot.com/_dqeZ855XTpU/SqRZqiJu-VI/AAAAAAAAAEk/nJisY1SKaJA/S220/URANIUM+STOCKS+IMAGE.jpeg

Cheers from tturaniuminvest

Click Chart To Enlarge http://i33.tinypic.com/rrnotc.jpg

VISIT MY OTHER SITES

@

australian-uranium-quick-search

http://australianuraniuminvesting.blogspot.com

http://3.bp.blogspot.com/_dqeZ855XTpU/SqRZqiJu-VI/AAAAAAAAAEk/nJisY1SKaJA/S220/URANIUM+STOCKS+IMAGE.jpeg

Cheers from tturaniuminvest

UxC's weekly spot price indicator has risen to US$47.75/lb. Its Mid-Term price indicator remains unchanged at US$55/lb. Long Term Contract Pricing remained steady at US$65/lb. Possibility This Could Be The Trigger To Send A Bullish Uptrend To Investors

________________________________________

Auto Updating Chart

http://www.uxc.com/review/uxc_g_u3o8-sm-2.png

_________________________________________

TradeTech’s Uranium Spot Price Indicator is $47.50 per pound U3O8—up $2.00 from the October 9 value. The spot price continued to climb this week on the news that BHP Billiton’s Olympic Dam mine was shutdown following a mechanical failure to the main haulage system. BHP will provide an update of the situation on October 21. Until then, sellers are taking advantage of the momentum created as a result of the accident by raising offer prices.

Cheers from tturaniuminvest

http://australianuraniumquicksearch.blogspot.com

.

I'm very keen to dip into the mining sharemarket but have not ever done so before...I have toher shares but not in this sector....could anyone help me out in referring me a decent website (besides this one) that gives a good rundown of floated companies in the mining sector :D

I'm interested in Uranium and Nickel mining the most

Cheers,

M

Click Chart To Enlarge http://i34.tinypic.com/nl21xd.jpg

VISIT MY OTHER SITES

@

australian-uranium-quick-search

http://australianuraniuminvesting.blogspot.com

http://3.bp.blogspot.com/_dqeZ855XTpU/SqRZqiJu-VI/AAAAAAAAAEk/nJisY1SKaJA/S220/URANIUM+STOCKS+IMAGE.jpeg

Cheers from tturaniuminvest

Click Chart To Enlarge http://i33.tinypic.com/n39g7r.jpg

VISIT MY OTHER SITES

@

australian-uranium-quick-search

http://australianuraniuminvesting.blogspot.com

http://3.bp.blogspot.com/_dqeZ855XTpU/SqRZqiJu-VI/AAAAAAAAAEk/nJisY1SKaJA/S220/URANIUM+STOCKS+IMAGE.jpeg

Cheers from tturaniuminvest

Click Chart To Enlarge http://i36.tinypic.com/121dend.jpg

To View Some Excellent Archived 1970's Video's

VISIT MY OTHER SITE

@

australian-uranium-quick-search

http://3.bp.blogspot.com/_dqeZ855XTpU/SqRZqiJu-VI/AAAAAAAAAEk/nJisY1SKaJA/S220/URANIUM+STOCKS+IMAGE.jpeg

Cheers from tturaniuminvest

Click Chart To Enlarge http://i37.tinypic.com/9rhm3k.jpg

To View Some Excellent Archived 1970's Video's VISIT MY OTHER SITE

@ australian-uranium-quick-search

http://3.bp.blogspot.com/_dqeZ855XTpU/SqRZqiJu-VI/AAAAAAAAAEk/nJisY1SKaJA/S220/URANIUM+STOCKS+IMAGE.jpeg

Cheers from tturaniuminvest

.

http://t2.gstatic.com/images?q=tbn:NRNi7oHZWSyOCM:http://media.readersdigest.com.au/dynamic/77/40/88/Should-Australia-adopt-nuclear-powercrop.jpg

More than 50 years ago, Australia was set to become the first nation south of the equator to build and operate a nuclear power plant to generate electricity. Sadly, this project and many other planned ventures connected with the technology and commercialization of the global nuclear industry have not gone ahead. This incredible neglect has been largely due to poor education, the pressures of Australia's hydrocarbon lobby, the pseudo-science of the "renewables" special interest groups and the politics of fear and risk beloved by Australia's "radical greens".

On April 18, 1958, prime minister Robert Menzies opened the Australian Atomic Energy Commission's (AAEC) Research Laboratories at Lucas Heights near Sydney. He challenged the nation to "enter the nuclear age". His vision was shared by Sir Philip Baxter, the first vice-chancellor of the University of NSW and the first chairman of the AAEC. In 1964, Australia's first and only school of nuclear engineering was established at the University of NSW.

FULL ARTICLE http://australianuraniumquicksearch.blogspot.com/2009/10/nuclear-energy-key-to-future.html

Click Chart To Access June Quarterly Financial Reports http://i34.tinypic.com/23hr3tl.jpg

http://3.bp.blogspot.com/_dqeZ855XTpU/SqRZqiJu-VI/AAAAAAAAAEk/nJisY1SKaJA/S220/URANIUM+STOCKS+IMAGE.jpeg

.

Click Chart To Access June Quarterly Financial Reports http://i38.tinypic.com/2nk2qfk.jpg

http://3.bp.blogspot.com/_dqeZ855XTpU/SqRZqiJu-VI/AAAAAAAAAEk/nJisY1SKaJA/S220/URANIUM+STOCKS+IMAGE.jpeg

.

Click Chart To View Videos

http://i35.tinypic.com/2urv62e.jpg

australian-uranium-quick-search

http://3.bp.blogspot.com/_dqeZ855XTpU/SqRZqiJu-VI/AAAAAAAAAEk/nJisY1SKaJA/S220/URANIUM+STOCKS+IMAGE.jpeg

.

Volume: 582,094 No. of Trades: 69 Opening Price: 0.67 High Price: 0.80 Low Price: 0.63

Closed at 0.80 Up 25.00% Clickable Image http://i36.tinypic.com/16gfy1d.jpg%20width=400

Marathon Resources Limited is a minerals exploration company focused on the development of Mt Gee, one of Australia's largest undeveloped uranium deposits.

Charting Analysis Overview Of MTN's Current Trading # Closed outside top Bollinger # Closed within .02 from Record High # Rising Volume

5-day EMA: 0.637 10-day EMA: 0.648 15-day EMA: 0.661 30-day EMA: 0.696 Average Daily Volume 137,075

Click Chart To Enlarge Chart Below Showing Cross-Over of Buyers~~~~ over Sellers~~~~~ http://i34.tinypic.com/2j5iavo.jpg

Marathon Resources Limited Announcement

Recent News - Annual Report To Shareholders Click To View http://t0.gstatic.com/images?q=tbn:7CfUD4XgumgGoM:http://up2.podbean.com/image-logos/17528_logo.jpg

___________________________________

Click Chart To Enlarge http://i33.tinypic.com/mvq36d.jpg

VISIT MY OTHER SITE @ australian-uranium-quick-search

http://3.bp.blogspot.com/_dqeZ855XTpU/SqRZqiJu-VI/AAAAAAAAAEk/nJisY1SKaJA/S220/URANIUM+STOCKS+IMAGE.jpeg

.

.

Volume: 3,277,462 No. of Trades: 181 Opening Price: 0.18 High Price: 0.24 Low Price: 0.18

Closed at 0.235 Up 38.24% Clickable Image http://i35.tinypic.com/25ib2wn.jpg%20width=400

Royal Resources Limited has a strong portfolio of advanced projects offering outstanding potential for future economics development of Uranium and Iron Ore.

Royal Resources has recently acquired 742 claims prospective for uranium in Colorado, USA.

Charting Analysis Overview Of ROY's Current Trading # Closed outside top Bollinger # Today's Close is above the 6 Month High # 3 Day's Rising Volume

5-day EMA: 0.153 10-day EMA: 0.148 15-day EMA: 0.144 30-day EMA: 0.134 Average Daily Volume 741,172

Click Chart To Enlarge Chart Below Showing Cross-Over of Buyers~~~~ over Sellers~~~~~ http://i33.tinypic.com/x3ol5.jpg

Royal Resources Limited Announcement

Recent News - Razorback Investor Presentation Click To View http://t0.gstatic.com/images?q=tbn:7CfUD4XgumgGoM:http://up2.podbean.com/image-logos/17528_logo.jpg

___________________________________________________

Mega executive vice-president project development, Peter McNally, told The Australian yesterday the company received the approval several days ago and hoped to start construction at its Lake Maitland prospect in the eastern goldfields by mid-2011. While numerous approvals are still needed, Mr McNally said Mega was well-advanced in the design phase to build a small uranium processing plant to export about 750 tonnes a year from early 2012. The project, which is a joint venture with Japan's JAURD and Itochu Corporation, is worth up to $3 billion in exports over its 10 to 12-year life. Four other companies with uranium deposits have also had uranium exclusion clauses removed from agreements as the WA government powers ahead with establishing the industry, but Mega's timetable puts it firmly in the lead.

Premier Colin Barnett, who overturned the former Labor government's ban last year, said uranium mining was potentially the state's most significant new sector of minerals development.

Last week, he warned the Labor opposition to get its cheque book ready if it did not get on board. "If the Labor Party, should it ever return to power, is going to try to close the industry down, then you had better put into your forward estimates hundreds of millions of dollars of compensation funded by the taxpayer," the Premier said.

Mr McNally said Mega expected to have its export contracts in place before the election, which is not due until 2013.

The Lake Maitland deposit is estimated at about 12,000 tonnes, but Mr McNally said it was likely to grow.

"From recent exploration work, Mega increased the resource in the vicinity of 15 per cent, which is quite significant, and we're continuing to explore to the south," Mr McNally said. 'We expect to find more."

http://australianuraniuminvesting.blogspot.com

.

Sept. 28, 2009 German stocks and nuclear power plant operators in particular rose, while solar-related companies dropped Monday after election results indicated that a center-right coalition will be formed. In Sunday's election, Chancellor Angela Merkel's conservative CDU/CSU bloc won 33.8% of the vote, while the pro-business Free Democratic Party (FDP) captured 14.6% of the vote, according to projections by German television ARD, allowing for the creation of a center-right coalition.

"The German market usually performs better after CDU/FDP wins," said Martin Lueck, economist at UBS, in a note to clients. "Last night's outcome should therefore be good news for the market."

Germany's center-right parties generally want to reduce taxes and create investment incentives. tturaniuminvest ! Could this be the trigger to set the Uranium spot into an uptrend fingers crossed that it is.

Current Spot Price http://charts.infomine.com/multivariantcharts/showchart.aspx?mv=1&f=f&r=1m&c=curanium.xusd.ulb,curanium.xcad.ulb,curanium.xaud.ulb

Red US$ Green Canadian$ Blue Australian$

http://australianuraniuminvesting.blogspot.com

.

Volume: 3,337,606 No. of Trades: 219 Opening Price: 0.48 High Price: 0.59 Low Price: 0.475

Closed at 0.57 Up 26.67% Clickable Image http://i36.tinypic.com/1564vis.jpg%20width=400

Charting Analysis Overview Of ENT's Current Trading # Closed outside top Bollinger # Closed within .02 from Record High # 2 Day's Rising Volume

5-day EMA: 0.441 10-day EMA: 0.432 15-day EMA: 0.423 30-day EMA: 0.406 Average Daily Volume 493,669

Click Chart To Enlarge Chart Below Showing Cross-Over of Buyers~~~~ over Sellers~~~~~ http://i36.tinypic.com/sbiteh.jpg

Enterprise Metals Limited Announcement

Recent News - Heritage Clearance Drill Program to Commence Click To View http://t0.gstatic.com/images?q=tbn:7CfUD4XgumgGoM:http://up2.podbean.com/image-logos/17528_logo.jpg

___________________________

$2 million SPP offer closed oversubscribed after 16 days receiving very strong shareholder response and rapid take-up Geolsec phosphate project is now fully funded to production targeted to commence in 2010

1 GeolSec phosphate project has potential to generate 32.5 cents per share over 3 years 2 Korab to recommence mining at Bobrikovo gold mine in Ukraine Mine design and mine permitting process at Melrose gold project in WA to commence shortly Korab wishes to announce that the $2 million capital raising by way of a Share Purchase Plan (SPP) offer to eligible shareholders which was announced on 3 September 2009 and opened on 9 September 2009 has closed on 25 September 2009 substantially oversubscribed.

In excess of 250 Korab shareholders have applied for shares under the offer. Applications were processed on the first come first served basis. The issue and allotment of 10,000,000 new shares at 20 cents each will be completed during the next few days. Korab would like to thank all those shareholders who have participated in the offer for their vote of confidence in Korab's future. We would also like to thank all Korab shareholders for their continued support . All Korab directors have participated in the SPP.

USE OF FUNDS

The funds raised under this SPP will be used to fund: 1. start-up costs and working capital requirements of GeolSec phosphate rock organic fertiliser business which is located 65 km south of Darwin in the Northern Territory

2. re-commencement of mining and stockpiling of ore at the Bobrikovo gold mine which is located within the Tethyan belt in eastern Ukraine.

3. mine design and commencement of mine permitting process at Melrose gold project which is located within the Wanganoo belt 160 km north of Leonora in Western Australia.

4. working capital requirements

Site Link to Korab resources http://www.korabresources.com.au

Cheers from tturaniuminvest

ALL SECTORS WEEKLY GAINERS

http://t3.gstatic.com/images?q=tbn:K7HLae24-tz2vM:http://1.bp.blogspot.com/_YqYaSbT8xWI/SWVcAz-acgI/AAAAAAAACwo/PSI4QNt2J4Q/s320/ASX.gif

CLICK IMAGE ABOVE FOR ASX TRADE DATA

Cheers from tturaniuminvest

,

Click Chart To Enlarge http://i33.tinypic.com/tapo4x.jp

To View Some Excellent Archived 1970's Video's

VISIT MY OTHER SITE

@

australian-uranium-quick-search

http://www401.blibs.com/working/125373211029305.gif

Volume: 8,766,572 No. of Trades: 606 Opening Price: 0.485 High Price: 0.505 Low Price: 0.440

Closed at 0.44 Up 29.41% Clickable Image http://i36.tinypic.com/2ytwt4z.jpg%20width=400

Charting Analysis Overview Of THX's Current Trading # Closed outside top Bollinger # Closed Today at a 6 Month High # 3 Day's Rising Volume

5-day EMA: 0.313 10-day EMA: 0.299 15-day EMA: 0.289 30-day EMA: 0.269 Average Daily Volume 718,157

Click Chart To Enlarge Chart Below Showing Cross-Over of Buyers~~~~ over Sellers~~~~~ http://i37.tinypic.com/2ngtx5t.jpg

Thundelarra Exploration Limited Announcement

Recent News - Spectacular Drill Results at Thunderball up to 20.3% U3O8 Click To View http://t0.gstatic.com/images?q=tbn:7CfUD4XgumgGoM:http://up2.podbean.com/image-logos/17528_logo.jpg

_______________________________________

Click Chart To Enlarge http://i37.tinypic.com/4gkdg7.jpg

To View Some Excellent Archived 1970's Video's VISIT MY OTHER SITE

@ australian-uranium-quick-search

http://www401.blibs.com/working/125373211029305.gif

_______________________

Volume: 14,091,179 No. of Trades: 279 Opening Price: 0.185 High Price: 0.22 Low Price: 0.18

Closed at 0.22 Up 25.71% Clickable Image http://i34.tinypic.com/v0w1.jpg%20width=400

Charting Analysis Overview Of FTE's Current Trading # Closed outside top Bollinger # Closed Today at Record High # 2 Day's Rising Volume

5-day EMA: 0.171 10-day EMA: 0.167 15-day EMA: 0.162 30-day EMA: 0.155 Average Daily Volume 2,086,204

Click Chart To Enlarge Chart Below Showing Cross-Over of Buyers~~~~ over Sellers~~~~~ http://i33.tinypic.com/2mcca6e.jpg

Forte Energy Limited Announcement

Recent News - Resource Drilling Commences at Bir En Nar in Mauritania Click To View http://t0.gstatic.com/images?q=tbn:7CfUD4XgumgGoM:http://up2.podbean.com/image-logos/17528_logo.jpg

___________________________________________________

Click Chart To Enlarge http://i38.tinypic.com/jaweab.jpg

To View Some Excellent Archived 1970's Video's VISIT MY OTHER SITE

@ australian-uranium-quick-search

Wednesday 23rd Sept 2009 Marmota Energy Limited (MEU) Clickable Image http://www.marmotaenergy.com.au/templates/marmota/media/meu-mast-right.gif

Volume: 1,010,106 No. of Trades: 50 Opening Price: 0.14 High Price: 0.165 Low Price: 0.14

Closed at 0.16 Up 33.33% Clickable Image http://i35.tinypic.com/2uduecz.jpg%20width=400

Charting Analysis Overview Of MEU's Current Trading # Closed just outside top Bollinger # Last price closed within 10% of its 6 Month High

Click Chart To Enlarge Chart Below Showing Cross-Over of Buyers~~~~ over Sellers~~~~~ http://i38.tinypic.com/29w1fl0.jpg

Marmota Energy Limited Announcement

Recent News - New Uranium Prospect at Mulyungarie Click To View http://t0.gstatic.com/images?q=tbn:7CfUD4XgumgGoM:http://up2.podbean.com/image-logos/17528_logo.jpg

___________________________________________________

Click Chart To Enlarge http://i34.tinypic.com/2u8cojn.jpg

To View Some Excellent Archived 1970's Video's VISIT MY OTHER SITE

@ australian-uranium-quick-search

Tuesday 22nd Sept 2009 Gondwana Resources Limited (GDA) Clickable Image http://www.proactiveinvestors.co.uk/genera/img/companies/original_logos/gondwana.gif

Volume: 2,862,158 No. of Trades: 36 Opening Price: 0.031 High Price: 0.034 Low Price: 0.030

Closed at 0.034 Up 13.33% Clickable Image http://i36.tinypic.com/2eaml35.jpg%20width=400

Charting Analysis Overview Of NTU's Current Trading # Closed outside top Bollinger # Last price was within 10% of its 6 Month High

Click Chart To Enlarge Chart Below Showing Cross-Over of Buyers~~~~ over Sellers~~~~~ http://i33.tinypic.com/f3cksk.jpg

Gondwana Resources Limited Announcement

GDA's June 2009 Half Yearly Report & Accounts Click To View http://t0.gstatic.com/images?q=tbn:7CfUD4XgumgGoM:http://up2.podbean.com/image-logos/17528_logo.jpg

___________________________________________________

Monday 21st September 2009 Northern Uranium Limited (NTU) Clickable Image http://northernuranium.com.au/images/imgLogoLarge.jpg

Volume: 564,222 No. of Trades: 70 Opening Price: 0.29 High Price: 0.35 Low Price: 0.28

Closed at 0.315 Up 31.25% Clickable Image http://i33.tinypic.com/w8rzb4.jpg%20width=400

Charting Analysis Overview Of NTU's Current Trading # Gapped Up # Closed outside top Bollinger # Rising volume

Click Chart To Enlarge Chart Below Showing Cross-Over of Buyers~~~~ over Sellers~~~~~ http://i38.tinypic.com/24fd7hy.jpg

Northern Uranium Limited Announcement

Drilling commences at NTU's Gardiner-Tanami Uranium Project Click To View http://t0.gstatic.com/images?q=tbn:7CfUD4XgumgGoM:http://up2.podbean.com/image-logos/17528_logo.jpg

___________________________________________________

Click Chart To Enlarge

http://i35.tinypic.com/2dhvg9l.jpg

http://www.blogcatalog.com/blog/australian-uranium-investing

______________________________________________

Four Indian tribes near the Grand Canyon have now banned uranium exploration and mining on their reservations. "Northern Arizona's Hualapai Tribe has renewed its ban on uranium mining on nearly one million acres of land near the Grand Canyon. In an interview with the Associated Press, David Brett, president and CEO of Pacific Bay Minerals (TSX-V: PBM), said, the company had been in negotiations to explore for uranium on the Hualapai's three-state reservation, when the tribal leaders renewed their ban.

When the ban was first enacted late last year, Sean Muller of Golden Eagle said, "The decision to ban uranium mining has come as a result of recent pressure from their attorney who also works for the Navajo Nation." In 1982, Muller, formerly the principal geologist for the Council of Energy Resources Tribes, successfully negotiated a uranium lease on the Hualapai Reservation with Energy Fuels.

The book "Quest for the Pillar of Gold" says, "Besides Western Nuclear (later Energy Fuels Nuclear), claims were made across much of the plateau region adjacent to Grand Canyon by Pathfinder Mines Corporation of St. George, Utah; UranezUSA of Denver, Colorado; and Rocky Mountain Energy (later Union Pacific Resources- Minerals) of Denver. Pathfinder Mines located two uranium ore bodies in breccia pipes west of Hacks Canyon, the EZ-1 and EZ-2. Union Pacific Resources found two breccia pipes that contain uranium ore: the Sage pipe, about ten miles south of Supai, on the Coconino Plateau, and the SBF pipe farther to the southwest, near the eastern boundary of the Hualapai Indian Reservation."

During testimony before the House Subcommittee on National Parks, Forests and Public Lands in March 2008, Hualapai Tribe Chairman Charlie Vaughn said, "It is our concern that the proliferation of mining activity near the Grand Canyon may affect the water that flows underground and issues at places like Havasu Falls."

"It is our concern that potential mining sites may compromise traditional and cultural sites that are Hualapai," he said, adding, "suffice it to say we do not want to see the land in proximity to the Grand Canyon scarred by additional roads or mining sites that will be a vestige of the beauty that once was for several generations to come."

"There's a perception out there that is very hard to dislodge that it poses this major health risk. " Brett said the "basically unexplored territory" is geologically crying out to be explored."

The Navajo and the Hopi have sued or threatened to sue over cleanup of uranium from the land near Tuba City, Arizona. The Hualapai, Navajo, Havasupai and Hopi tribes have all banned uranium mining on their lands.

Arizona Mining Association President Sydney Hay told AP, "There are some legacy sites that have given uranium mining a bad name, but the way to fix that is to clean up those legacy sites."

http://www.mineweb.net/mineweb/view/mineweb/en/page72103?oid=89406&sn=Detail

.