Uranium Resources plans to buy out Tanzania JV partners

Aim-listed uranium exploration company Uranium Resources plans to raise £1,6-million by December to fund a proposed A$2,9-million cash-and-share deal to acquire its Tanzanian uranium projects joint-venture partners. It would acquire the share capital of WML Uranium Holdings and Western Metals Tanzania, which were subsidiaries of the Indago Group, for A$2,5-million in cash and A$400 000 [...]

Tawana still looking for JV partners to develop SA, Botswana projects

JSE-listed diamond explorer Tawana Resources on Friday reported that it was still searching for joint-venture (JV) partners to assist in developing two of its South African and its Botswana projects. One of the projects is the Kareevlei kimberlitic project, in the Northern Cape. Read more….