Aussie firm joins the 'uranium scramble'

A-Cap Resources and African Energy were the first two companies to be granted such a licence for a mineral whose worldwide demand is high due to its use as an alternative source of energy and in nuclear weaponry.

Impact Minerals, which was established to explore for deposits of uranium, gold and nickel and which was listed on the ASX in November 2006, has been granted exploration licences covering about 20,000 sq. km to explore specifically for uranium.