UPDATE UPDATE UPDATE..

COMPANY WEB SITE.........

http://www.vaneminerals.com/

THE PRICE OF URANIUM IS GOING BALISTIC...

The uranium spot price hasn't seen a down month since 2001. For years now, uranium producers have met just 60% of total annual demand - the other 40% coming from government stockpiles and decommissioned nuclear warheads. This can go on for only so long.

The tightness of supply comes at a time of atomic resurgence. Three large-scale factors have turned the tide in favour of nuclear energy:
geopolitics, global warming and developing world growth.

Analysts are debating over wether the SP of Uranium increase will be three fold within 2007?.

Looks like to me, the best play on the UK market for Uranium and it hasnt gotten away yet like the other two ZBA Zareba and URA Uranium which have multi bagged. Its also in a position to fund its development with a new gold mine producing. Ive added twice this morning and think this one could be very big. Heres the announcement...........

Vane Minerals PLC
07 March 2005


VANE Minerals plc (AIM: VML)

VANE Announces Diversification Into Uranium Exploration And Development

Vane Minerals ('VANE' or 'the Company') announces that it is diversifying its
current project portfolio by entering into the uranium exploration and
development business.

To date 7 uranium targets have been successfully claimed by the Company and 28
further properties have been identified and are under development. VANE expects
to finalise its property position by the end of the first quarter 2005. The
Company is targeting uranium projects that are either at, or near, resource
stage or targets that exhibit similar surface features to mines with past
production, but that have not yet been evaluated for the presence of uranium.

The 35 properties identified are located within a uranium district with
significant past production as well as significant resources. Due to the
current uranium market conditions, we prefer to not identify the location until
we complete our property position. Previous drilling data available for some of
the 7 properties successfully claimed indicate grade intersects from 0.34 up to
1.78% U3O8.

VANE has incorporated a 100% owned subsidiary to hold its uranium properties and
has also successfully recruited a uranium geologist, Kristopher K. Hefton B.Sc.,
who has considerable experience in this field and is a great addition to the
VANE team. Mr. Hefton has worked with VANE's exploration team in the past during
his time at Freeport McMoran, and he has also worked for Barrick Gold
Corporation, Homestake Mining Company and Energy Fuels Nuclear Inc.

Michael Spriggs, Chairman of VANE, commented, 'We are delighted to announce the
addition of these uranium assets to the VANE portfolio and will update the
market with more substantial details once further properties have been claimed.
The uranium market has been strong for some time now, reflecting a long-term
forecast supply shortage and the growing recognition that nuclear energy offers
a cleaner and more energy efficient fuel source. Through our extensive network,
we have identified some quality projects and look forward to releasing further
details when appropriate.'

Enquiries:

VANE Minerals plc Seymour Pierce Limited Parkgreen Communications
Matthew Idiens Sarah Wharry Justine Howarth / Cathy Malins
020 7667 6322 020 7107 8000 020 7493 3713

cheers GF.

Investor's Chronicle BUY Recommendation

VANE MINERALS (VML)

Created: 2 November 2007 Updated: 1 November 2007 Written by: Alastair Ford
On a 12-month view, in spite of some peaks and troughs along the way, VANE's share price has done very nicely. It's up more than 125 per cent on the 8.38p the shares were trading at this time last year. That should silence most, if not all, of the bulletin board doubters who have had plenty to say about the company since it floated in June 2004. Unfortunately for VANE, much of the criticism was justified as the growth strategy was not always clear, while the plan to support the company's exploration activities through cash flow from producing mines encountered a few hiccups.

In the last year, though, two things have changed. First, VANE was a relatively early starter in the uranium boom. Uranium prices have fallen since the really heady days earlier this year, but they are still strong, and VANE's varied uranium portfolio in the politically safe US underpins its share price nicely. Executive director Matthew Idiens would still like to see prices back at the $100 (48.50) per pound mark to make his projections for the company's small but numerous Arizona properties look really attractive. But, subject to the ultimate arbitration of the drill bit, VANE ought to turn a substantial dollar profit on several of those properties within the next few years. Mr Idiens calculates that each Arizona property could generate revenues of around $230m over the life of the project. Further down the line, there's also a more complex, but larger, uranium property in Idaho that may well add a great deal more value.

Second, the company's producing Diablito gold property in Mexico is finally beginning to come into its own. VANE has been mining gold in Mexico for a while, but previously had not been able to produce the finished article itself. To date, that's meant the company has been vulnerable to the demands of companies with the plant to process its ore. More to the point, its profit margins were never guaranteed. That problem has now been rectified, and Diablito is now throwing off $250,000 per month. Buy.

BULL POINTS:

Exploration backed by cashflow from producing mine

Low political risk

Experienced management

An encouraging post, Driver. Hope it proves to be correct!

pma68
VML have revenue coming in, a £5m placing and a lot a drilling ahead for this year and 2008 very exciting times for VML and us I hope.

Looks like a listing on the TSX (Toronto Stock Exchange) early next year is a distinct possibility,that would do wonders for the sp. imo.

News on the Diabilito mill project should be announced any time now.

All looking very positive.

Vane Minerals PLC
09 November 2007


9 November 2007


VANE Minerals Plc (AIM:VML)

('VANE' or the 'Company')

Notice of EGM & Increase in proposed placing


VANE announces that a notice convening an Extraordinary General Meeting ('EGM')
has been sent to shareholders on 7 November 2007. The EGM is scheduled for
Shareholders to vote on the proposed placing as announced on 2 November 2007. It
is to be held at the offices of Hammonds Solicitors, at 7 Devonshire Square,
Cutlers Gardens, London, EC2M 4YH on 30 November 2007 at 11.00 am.

In addition, the Company announces, further to the statement on 2 November 2007,
that Westwind Partners has exercised an option it had agreed with the Company to
increase the size of the proposed share issue to 6.25 million, by placing an
additional 7,142,857 Ordinary shares.

Accordingly, at the EGM resolutions will be put to Shareholders to approve the
issue of 35,714,285 Ordinary shares.

As previously announced, the net proceeds of the placing are to be used
primarily for accelerating VANE's breccia pipe drilling campaign in northern
Arizona, where the Company has 39 drill targets, and for proceeding to further
rounds of drilling on the Company's six properties in Utah.

Nice steady buying of VML over the last couple of weeks, just need a bit of news on the San Dieguito Mill it must be nearing completion by now.

Nice bit of buying today.

http://moneyam.uk-wire.com/cgi-bin/index?company=VML

VML keeps coming up with good news...looks cheap at 21p.


Vane Minerals finds significant mineralisation at North Alice Extension - AFX

LONDON (Thomson Financial) - Vane Minerals PLC said its US subsidiary has found significant mineralisation at the North Alice Extension drilling campaign in Lisbon Valley, Utah and that it aims to produce a resource estimate in the first half of 2008.

The company said it now plans to drill additional holes and expand the drilling into new areas. It has temporarily suspended drilling pending final approval for these modified plans from the authorities. It has already received the go-ahead from the State of Utah and is awaiting approval from the Bureau of Land Management.

Drilling will recommence as soon as approval is received, Vane Minerals added.

hlyeo98
Agree I will be adding.

A good link from the other side.

http://www.uraniumproducersamerica.com/index.html

And
Peter Schober Gives His View On Uranium
http://www.uranium-stocks.net/peter-schober-gives-his-view-on-uranium/#comments

More good news. Starting production now...great news for Vane Minerals


Vane Minerals says Mexican unit starts 120 tonne per day mill-flotation plant - AFX

LONDON (Thomson Financial) - Vane Minerals PLC said its Mexican unit, Minerales VANE SA de CV, has commenced operations at its 120 tonnes per day mill-flotation plant at San Dieguito de Arriba near the company's underground Diablito silver-gold mine in Nayarit state.

As it is operating its own mill, the company has reduced the ore cut off grade at the Diablito mine and there is now over 15,000 tonnes of ore stockpiled awaiting processing, the AIM-quoted Vane Minerals said.

It also said an option to purchase agreement has been finalised on the Bonanza silver-gold project, and the vein material appears to be ideally suited for supplemental feed to the mill.

Dependent on the confirmation of the old sample results, a drilling program to confirm and expand this potential resource will be initiated in the first quarter of 2008.

The agreement consists of staged payments up to April 2009 and can be terminated by the company at any point with no further payments required, it added.

tfn.newsdesk@thomson.com

certainly not bad news .... it would just be nice for the markets to get out of their current blue funk ..... or should that be red funk?

hlyeo98
Yes very good news this would have been blue today if not for the markets, still plenty of time looking good for 2008

Vane Minerals PLC
30 November 2007

30th November 2007
AIM: VML


VANE Minerals Plc
('VANE' or 'the Company')


Result of EGM


VANE announces that following its Extraordinary General Meeting ('EGM'), held at
11am today, all proposed resolutions were duly passed by shareholders.

The EGM was convened primarily to seek the necessary authorities to approve a
placing of Ordinary shares of 10p each ('Shares') to raise approximately 6.25
million at a placing price of 17.5p per Share.

Application has been made for the 35,714,285 new Shares issued today to be
admitted to trading on AIM. It is expected that trading in the Shares will
commence on Monday 3rd December.

The net proceeds of the Placing will be primarily used to accelerate VANE's
breccia pipe drilling campaign in Northern Arizona, where the Company has 39
drill targets, and to proceed with further rounds of drilling on the Company's
six properties in Utah. It is envisaged that further drilling at the North Alice
Extension and North Wash in Utah should enable the Company to produce a National
Instrument 43-101 complaint resource statement in the early part of 2008.

should that read a compliant resource statement or do they have a grievance??
Alex

anyone nany the wiser with this one?
No-one seems to have looked at this for a while.
Anyone with a modicum of spare time care to comment.

Alex

Rob
Just waiting patiently, I can see this multi bagging this year with 39 drill targets they only need to find a small amount for the sp to shoot up.

New nuclear plants get go-ahead




A new generation of nuclear power stations in the UK has been given formal backing by the government.
Business Secretary John Hutton told MPs they would give a "safe and affordable" way of securing the UK's future energy supplies while fighting climate change.

He said any plants would be built at or near existing reactors by private firms and said he hoped the first one would be completed "well before 2020".

When i see the price falling i like to know why, is it just drifting down on no news?

If you can see it being a multibagger why are people not buying. What about its gold mining, the gold price is at an all time high .