Supply
In the first half of 2006, US production of uranium concentrate totaled 1.8 million pounds, up 36% from the first half of 2005, and the highest since 2000.
Total global uranium consumption was estimated at 176.3 million pounds in 2005. Only 47% was supplied directly from mining. The rest was from stockpiles, which are dwindling – fast!
Demand
130-160 new nuclear power reactors planned or under construction
There are 442 operational nuclear power reactors in the world, with high demand for uranium fuel
Next 20 years, according to the EIA US demand for oil is expected to jump 30% and nat. gas > 50%
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News Releases
UTAH URANIUM COMPLETES FIRST 10 HOLES, ADDITIONAL DRILLING BEING PERMITTED December 06th, 2007
The first 10 holes of the first phase of drilling operations on the Company's Pinto Project, located near Hanksville, UT has been completed. Material collected from the drilling has been sent to ALS Chemex Lab in Elko, Nevada for analyses. Results are expected in the next few weeks. Read [→]
UTAH URANIUM ACQUIRES ADDITIONAL URANIUM MINES December 04th, 2007
An Agreement for the acquisition of a 100% interest in a 12 claim license package consisting of 2 past producing Uranium - Vanadium mines known as the "Marcas" and the "Ray Marie has been signed. Read [→]
UTAH URANIUM STARTS DRILLING PINTO PROJECT November 14th, 2007
This first phase of drilling will encompass the drill-testing of up to 20 holes in the massive Salt Wash member of the Morrison formation. Chip samples will be examined by geologists and evaluated with a Radiation Solutions Inc. Read [→]
UTAH URANIUM RECEIVES FINAL PERMIT, DRILL AND CREW MOBILIZED November 9th, 2007
The first phase drilling program will entail drilling of up to 20 holes out of a permitted 50-hole drill program. Results of the first phase drilling will be announced as received.Read [→]
UTAH URANIUM CORP. ANNOUNCES JOINT VENTURE ON PINTO CLAIMS, DRILLING TO COMMENCE October 25th, 2007
Under the terms of the Agreement, Abaddon will be responsible for payments to Utah Uranium totalling $550,000, the issuance of a total of 550,000 shares over the life of the agreement, and they will be required to complete a minimum of $605,000 in work on the property in a two-phase work program prior to June 1, 2008. Read [→]
UTAH URANIUM CORP. SIGNS DRILLING CONTRACT OPERATIONS TO COMMENCE SHORTLY October 24th, 2007
Bob Shupe Drilling of Moab, contracted to commence operations on the north-western section of the Pinto Claims. An initial 20 drill-hole work program designed to test the massive Salt Wash member of the Morrison formation has been proposed by the company to explore the areas potential for roll-front uranium mineralization. Read [→]
MURER JOINS UTAH URANIUM TECHNICAL ADVISORY BOARD, UPDATES CLAIMS AND MINING ACTIVITY October 11th, 2007
Murer's theory of where the larger terminal deposits would be located based on the geologic settings in the area was tested and proven in the discovery of the "Tony M" mine (Denison). The company is in the final stages of a joint venture agreement.Read [→]
UTAH URANIUM CONFIRMS RENEWALS OF ALL MINING CLAIMS, CONTINUES NEGOTIATIONS ON JOINT VENTURE AGREEMENTS September 13th, 2007
The Company's focus has been to accumulate several past-producing or highly prospective Uranium properties in the Four Corners area of the U.S.Read [→]
UTAH URANIUM ANNOUNCES DRILL PROGRAM APPROVED August 14th, 2007
Utah Uranium has signed an agreement for 100% interest in 10 mineral claims in Montrose County, Colorado.Read [→]
UTAH URANIUM ACQUIRES THE HOOPIE URANIUM MINE August 9th, 2007
Utah Uranium has signed an agreement for 100% interest in 10 mineral claims in Montrose County, Colorado.Read [→]
UTAH URANIUM ANNOUNCES ADDITIONAL PROPERTY ACQUISITION August 1st, 2007
Utah Uranium acquires 100% interest in 33 mineral claims, consisting of 660 acres in the Lavender Canyon, Monticelo Mining District, San Juan County, Utah. Read [→]
UTAH URANIUM ADDS FURTHER DEPTH TO BOARD, COMMENTS ON WHITE MESA MILL BUYING SCHEDULE July 11th, 2007
Donald Miller with 35 years in the mining industry in Senior Management positions working for seven mining and natural resource companies in 14 countries on 5 Continents agrees to join the board. Read [→]
UTAH URANIUM ANNOUNCES ACQUISITION OF THE "HAT" PROPERTY July 2nd, 2007
Utah Uranium Corp. signs a Letter of Intent for the acquisition of 100% interest in 18 mineral claims, consisting of 333 acres in the Montrose County, Colorado, herein known as the "Hat" property (the "Property"). Read [→]
UTAH URANIUM ANNOUNCES ACQUISITION OF PINTO MINING CLAIMS June 27th, 2007
Utah Uranium Corp. acquires 100% interest in approximately 344 mining claims, consisting of 6,800 acres in the Henry Mountain Mining District, Utah, herein known as the "Pinto" property. The Property is located in the Henry Mountain Basin of South Central Utah. Read [→]
UTAH URANIUM ANNOUNCES URANIUM GEOLOGIST AND TECHNICAL ADVISOR June 20th, 2007
Uranium geologist, Glenn Harder, with 20 years experience in uranium exploration to assist the company in advancing its uranium projects. He has extensive experience in Canada, ranging from Vancouver Island to the Labrador coast, having work experience with Granges, Rayrock, Brinco, Home Oil, Sherritt Gordon, Gulf Minerals, Teck, Dickenson mines, Saarberg, Geotest, RH Morse and others. Read [→]
UTAH URANIUM ANNOUNCES ACQUISITION OF FAMILY BUTTE MINE PROPERTY - June 1st, 2007
Utah Uranium Corp. acquires 100% interest in approximately 112 mineral claims, consisting of 2,075 acres in the San Rafael Mining District, Utah, herein known as the "Family Butte" property (the "Property"). The Property is located in the San Rafael Swell area of East Central Utah. Read [→]
UTAH URANIUM ANNOUNCES NEW DIRECTOR - May 30th, 2007
Utah Uranium Corp. is pleased to announce the addition of Michael H. Sandidge, P. Geo, MSc. to the Board of Directors. Read [→]
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