This week's Asia Pacific Economic Cooperation (APEC) summit in Sydney brings together some countries that don't appear to share many business interests -- Russia and host nation Australia, for example. But nothing could be further from the truth.

A new resource estimate for Tournigan Gold Corp.'s (TSX.V: TVC) Kuriskova project saw the company's stock jump 34.8% to $4.03 on Monday.

Fears about peak oil and the concept of uranium as a cleaner energy source have coupled in the industry's collective imagination and forced the price of uranium to triple in the last year. On the supply side experts are alerting the public of shortages and many are saying that the uranium price will continue to climb as a result. With bio-energy solutions seen as being far-off in the future, uranium is being touted as nothing less than the solution to world's energy and greenhouse gas problems.

As government and corporate leaders look to uranium as a cleaner alternative to fossil fuel energy sources, some environmental groups are demanding that resource companies act responsibly. Recently, I spoke with the president of Ultra Uranium Corp. [TSX: V.ULU], Ray Roland, about Ultra's stance on this issue.

First Uranium Corporation announced the appointment of Emma Oosthuizen as Chief Financial Officer. With her appointment, First Uranium has completed its near term goal of hiring its management team to lead the Company in the execution of its strategies.