Perhaps the massive blow-up and run-down in uranium shares last year has left your memory. Uranium producers have certainly not been popular of late. There are two uranium companies whose fortunes could be about to change. But to understand why, you should know the full story of uranium. The uranium price from last year reminds us a bit of when Jack tossed those magic beans out the kitchen window. Zip. Pretty soon a massive growth had burst out of nowhere.
May 7th, 2008 | Gabriel Andre | 0 comments | ContinuedAll Posts Tagged With: "mining"
Riding the Bear & Deep Drilling in Australia
Australia’s deepest on-shore drilling effort doesn’t have anything to do with oil, gas, or mining. It is energy related though. Geothermal hopeful Geodynamics (ASX:GDY) finished drilling its Habanero 3 well in early February to a depth of 4,221 metres. Even if you don’t get all the way through the Earth’s crust at that depth, it’s still pretty hot down there, which is the whole point. Geodynamics hopes to be operating Australia’s first commercial geothermal electric generating plant by the end of this year.
April 30th, 2008 | Dan Denning | 0 comments | Continued
Chinese Foreign Mining Acquisition Equal to All of 2007
Spot coking coal (steel marking) prices have quadrupled in the last 12 months, and in the last two months they’ve doubled. The value of announced cross-border Chinese foreign mining acquisitions so far this calendar year…
April 14th, 2008 | Dan Denning | 0 comments | Continued
A Resource Investors Guide to Understanding Drilling Methods
According to a report released by the ASX last year, 7.3 million Australians own shares. That’s over 46% of the population (one of the highest proportions in the world), and all of them want to optimize their returns. One of the best ways you can develop an investing edge over the teeming masses is to [...]
September 27th, 2007 | Al Robinson | 2 comments | Continued