London-based Metals One has completed its acquisition of the Uravan uranium-vanadium project in Montrose County, Colorado. The deal, which includes 59 unpatented claims with a 10-year exploration lease, supports the company’s expanding critical minerals portfolio. Total consideration for the acquisition is $50,000 in cash and the issuance of 500,000 new ordinary shares in Metals One. “The formal acquisition of the…
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McArthur River uranium mine headed for restart
Cameco revealed in its recent fourth-quarter earnings report that it will restart its McArthur River mine and Key Lake mill in Saskatchewan, Canada, after nearly three years of being in care and maintenance.
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