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.

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 .

Option to Purchase Agreement on Silver /Gold Prospect





VANE Minerals Plc (the 'Company') and its 100% owned Mexican subsidiary,
Minerales VANE SA de CV, are pleased to announce the startup of its 120 tonnes
per day mill/flotation plant located at San Dieguito de Arriba, some 30 km NNW
of the Company's underground Diablito silver/gold mine.



As a result of operating its own mill, the Company has been able to reduce the
ore cut off grade at the Diablito mine and there is now over 15,000 tonnes of
ore stockpiled awaiting processing. It is planned to utilize the lower grade
material first in the 2 to 4 week start up period during which the mill will be
fine tuned to optimize recovery.



An 'Option to Purchase Agreement' on the Bonanza silver/gold prospect, located
15 km SE of the mill at San Dieguito de Arriba has been finalized. The blocked
portal has been reopened and underground sampling of the steeply dipping quartz
vein is in progress to confirm old rib sampling which indicated approximately
18,000 tonnes of readily available vein material between the surface and the 355
metre elevation. Historic data available to the Company indicate the vein
material sampled and drilled by Industrias Penoles S.A. de C.V. in 1986 averaged
350 g/T Ag and 3.0 g/T Au. The vein material appears to be ideally suited for
supplemental feed to the mill in San Dieguito de Arriba.



Dependent on the confirmation of the old sample results, a drilling program to
confirm and expand this potential resource will be initiated in Q1 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.

This is the interesting bit.

Dependent on the confirmation of the old sample results, a drilling program to
confirm and expand this potential resource will be initiated in Q1 2008.

they had better hurry up and make some announcement then if end March is not to arrive too early

Vane Minerals PLC
15 January 2008

Aproval of further 8 drilling programs in Northern Arizona Breccia Pipe project


VANE is pleased to announce that its wholly-owned uranium subsidiary VANE
Minerals (US) LLC, has received approvals on eight 'Plans of Operations' put
forward by VANE for exploration drilling on its breccia pipe targets in northern
Arizona.


Seven approvals to drill are on projects located on U.S. Forest Service lands in
the Kaibab National Forest. According to the Forest Service, the applications
received from VANE were the first submitted in over 20 years for breccia pipe
drilling in this area. Activities in the area began to close in the mid-1980's
due to uranium market conditions. The Company is very encouraged with these
approvals and believes it has established a process whereby approvals can be
obtained for projects on Forest lands on a timely basis moving forward. The
approvals are for drilling on the Antelope Pipe and the CP3, CP4, CP6, CP8,
CP10, and CP11 pipe targets. Approval of the applications comes following
archaeological and biological surveys carried out by the Company in 2007.


The eighth approval received is on the Willaha target located on State of
Arizona school trust lands. On surface indications are that this target contains
uranium mineralization, with 5000 counts per second (cps) gamma radiation or 50
times background recorded by VANE in 2007 from a hand-held gamma-ray
scintillometer.


These projects will be added to the current drilling schedule to be drilled in
2008. The Company is presently looking to contract a second rig suitable for
breccia pipe drilling in order to accelerate the pipe exploration program.


Matthew Idiens, Director of Corporate Development commented: 'These approvals
are significant for the Company in that we are the first in 20 years to obtain
permits from the Forest service in this area. The drilling programs continue to
move ahead and following last year's successful fundraising, we believe the
Company is in a strong position to create significant value for shareholders in
2008'




Kristopher K. Hefton, Chief Operating Officer VANE Minerals (US) LLC, BSc
Geology, who meets the criteria of a qualified person under the AIM Rules -
Guidance for Mining, Oil and Gas Companies, has reviewed and approved the
technical information contained within this announcement

Excellent news for Vane.

hardly earth shattering ..... it's nice to have some news, but even the CEO's statement is pretty muted (we believe the Company is in a strong position to create significant value for shareholders in 2008) .... i'll believe that when i see sp chugging upwards