Yellowcake mining inc 1000 sek in eur
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Company Profile: Yellowcake Mining(ciudadesostenibles.es) • Located in Southern Wyoming, and with an executive team experienced in uranium exploration and mining, Yellowcake is focused on bringing the Juniper Ridge property to production as quickly as possible. • ciudadesostenibles.es The Company entered into an agreement and plan of merger (the “Merger Agreement”) dated January 9, with Yellowcake Mining Inc., a Nevada corporation and wholly-owned subsidiary of Hoopsoft Development Corp., incorporated for the sole purpose of effecting the merger. Pursuant to the terms of the Merger Agreement, Yellowcake Mining Inc. merged with and into Hoopsoft Development Corp., . Yellowcake Mining, Inc., an exploration stage company, engages in the exploration and development of uranium properties located in Wyoming. 31/07/ · On January 9, , we entered into an agreement and plan of merger with Yellowcake Mining Inc., a Nevada corporation and wholly-owned subsidiary of Hoopsoft Development Corp., incorporated for the sole purpose of effecting the merger. Pursuant to the terms of the agreement and plan of merger, Yellowcake Mining Inc. merged with and into Hoopsoft Development Corp., with .
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The contract enables us to acquire uranium at a price to be agreed prior to announcing the intended purchase, or any associated financing, enabling the company to acquire substantial volumes of uranium at undisturbed prices. This allows Yellow Cake shareholders to benefit from any uplift in the uranium price. Yellow Cake has purchased approximately 9.
However, a decade of declining uranium prices has resulted in significantly declining investment in exploration for uranium, impacting the development of new uranium mines, and resulting in projected supply deficits as global production falls below demand. The supply gap that has been created is currently being covered by secondary sources, largely from enrichment providers underfeeding and inventories.
However, secondary sources are declining and, due to the length of time required to develop new uranium mines, new production may not be sufficient to fill the supply deficit. Investment Objective and Strategy Global markets offer limited options for gaining exposure to the uranium price. Yellow Cake is intended to be a uranium focused company without the exploration, development, mining or processing risks usually associated with an operating company.
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Uranium mining in Colorado dates to the late nineteenth century, when uranium resources were discovered in the southwestern part of the state. Both elements have various industrial and military applications. Originally considered a worthless byproduct of vanadium refinement, uranium became a highly valued material when it was found to be useful in the production of nuclear power and weapons.
Uranium mining in Colorado was an expansion of nineteenth- and early twentieth-century vanadium extraction. During World War I , vanadium was used as a steel-strengthening alloy, among other applications. The company also operated a uranium mill near present-day Uravan. With the rise of nuclear power after World War II , uranium became a highly sought after element. Since only New Mexico and Wyoming have more uranium deposits than Colorado, the Centennial State became one of the national sources for uranium mining and processing.
US Vanadium, the Vanadium Corporation of America, and the Metal Reserves Company soon opened uranium mining and refinement facilities around the towns of Naturita, Durango , Loma, and Slick Rock. Uranium extraction in Colorado was a marriage of private mining enterprise and government interest. After World War II, the US Atomic Energy Commission and the US Geological Survey collaborated to study the Uravan Mineral Belt in Montrose and San Miguel Counties.
The Union Carbide and Carbon Corporation received federal contracts to form the Union Mines Development Corporation and the Manhattan Engineer District built its own refinement facility near Durango.
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In late August , in the heat of one of the warmest and driest years on record in the Four Corners country, under a blanket of smoke emanating from wildfires burning all over the place, I piloted the Silver Bullet — my trusty Nissan Sentra — to the quiet burg of Monticello, Utah. I was on my way from one camping site on the Great Sage Plain to another on Comb Ridge, where I would feed my misanthropic side with a searing hike down a canyon, seeking out potholes that still had a smidgen of stagnant water left over from the last rain.
I took a detour through Monticello to look into one of the most contentious fronts of the long-running public-land wars, the battle over uranium mining and milling and even radioactive waste disposal. It was an era of innovation and greed, of hope and harm, of faith in technology and the threat of annihilation, of an almost miraculous source of energy, and of indelible wounds on the land, water and people.
Today, the ghosts of that age lurk everywhere in the county. In Monticello, where for decades a uranium mill churned out poisons, residents are still grappling with the long-term health effects. And the last operating uranium mill in the nation, located just outside Blanding, has yet to give up the ghost. THE NUCLEAR WEST dates back to , long before anyone had thought of nuclear power or nuclear bombs, when Marie Curie discovered radium in unrefined pitchblende.
During the early s, it was added to medicines, cosmetics and sometimes even food. The Denver-based Radio-Active Chemical Company added radium to fertilizers. The Nutex Company made radium condoms. Wear at night. Radiate as directed. Curie found that it, too, contained radium, and she named the ore carnotite.
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Leaders Lotus, Boss, and Vimy are all more or less development ready. Exploration Manager. Future remains golden for Rox Resources. A CFO’s guide to data protection through feasibility and into production. OzAurum drills in home of gold. Subscribe today and enjoy full access to MiningNews. Try MiningNews. Is it finally uranium’s time?
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Yellowcake Mining is a uranium development stage company based in United states of america. Yellowcake Mining holds various exploration projects in USA. Its main exploration property is URAVAN-BECK in USA. English French Subscribe Log in. Word, article or author Company name, symbol A mine, a project Gold bullion Silver bullion. FORUM Gold and silver Political, Dollar, USA It’s nice to talk about Legends Production Mine development Discovery Exploration Past producer On Google Earth, click on the button, to show property information, and access to project page or company page.
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SKY Digital Stores Corp. is based out of Shenzen. Yellowcake Mining, Inc., an exploration stage company, engages in the exploration and development of uranium properties located in Wyoming. It holds options to acquire an 80% interest in the Juniper Ridge project covering an area of 3, acres located in the south central area of Wyoming; a 60%. Yellow Cake is intended to be a uranium focused company without the exploration, development, mining or processing risks usually associated with an operating company. Nuclear energy provides approximately 11% of global energy. However, a decade of declining uranium prices has resulted in significantly declining investment in exploration for.
Yellow Cake is a uranium focused company offering direct exposure to the spot uranium price without exploration, development, mining or processing risk. This is achieved through its strategy of buying and holding physical uranium. The contract enables the company to acquire uranium at a price to be agreed prior to announcing the intended purchase, or any associated financing, enabling the company to acquire substantial volumes of uranium at undisturbed prices.
The Company plans to acquire a further 3. Yellow Cake also has additional proceeds that will give the Company the opportunity to make selective additional purchases of uranium in the spot market. Management Profile. Andre Liebenberg — CEO. Andre Liebenberg is an experienced mining industry professional and has extensive investor marketing, finance, business development and leadership experience. Andre has spent over 25 years in private equity, investment banking, senior roles within BHP Billiton and most recently at QKR Corporation, where he was Chief Financial Officer.
What is your rationale for taking part Mining Investment? To promote Yellow Cake to new and existing shareholders and discus the fundamentals of the uranium market. What recent news would you like to highlight to investors attending? What are your key goals for the next 3, 6 and 12 months? What do you see as the key risks and challenges facing your company at the moment and how are you overcoming these?