SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Uranium Exploration (U3O8)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: NYBob1 who wrote (10)8/25/2007 6:22:03 PM
From: NYBob1  Read Replies (1) of 21
 
The world's largest builder of nuclear reactors -
planned to triple its investment in uranium mining
to take advantage of higher prices for the metal
and a revival in nuclear power projects -

Areva, a French state-controlled company -
that is also a major uranium producer,
plans to triple its exploration spending -
to about €90 million, or $124 million -
in the next few years, along with hiring hundreds -
of geologists and seeking partnerships -
and acquisitions, Mallet said in an interview -

Areva spent €30 million on exploration in 2006 -
and employs 150 geologists -

"We aim to triple our exploration budget -
double the number of geologists and buy permits" -
Mallet said. –

International Tribune --
siliconinvestor.com
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News