BNN recently spoke with Chris Jones, president and CEO of Uranium Resources, who discussed the pros and cons of investing in the uranium sector.
Uranium Market News Directory
Mining Weekly reported that Canada has no current plans to further ease rules for foreign investment in uranium mines.
Reuters reported that a team of U.N. nuclear inspectors are planning to visit a uranium mine located in Iran as part of a cooperation pact meant to easy international concern relating to the country's nuclear program.
Despite trying to diversify its oil-dominated economy, Western Kazakhstan will not be reviving its uranium mining industry in the near future, according to the Times of Central Asia.
Bloomberg reported that droughts in southwest Africa's Namibia has uranium mines operating the area facing water shortages. Some of the operators include Rio Tinto and Paladin Energy.
The Sydney Morning Herald reported that the Queensland government could be given the power to assess the impact of uranium mines within the state under proposed federal changes to environmental approvals.
Bloomberg reported that US Secretary of State John Kerry said that no nuclear deal with Iran has yet been made, noting that "there are some important gaps that have to be closed." Kerry, along with government members from France, Germany and the United Kingdom, is currently in Geneva to seek an accord over Iran's recent nuclear activities.
Palisade Radio recently spoke to analyst Jeb Handwerger about the uranium sector.
Platts reported that according to the Energy Information Administration (EIA), uranium production in the United States came to 1,171,278 pounds during the third quarter of 2013, an increase of almost 12 percent from the 1,048,018 pounds it put out in the year-ago quarter. It is also the highest Q3 total since 1999.
Bloomberg reported that according to Mohammad Javad Zarif, Iran's foreign minister, Iran has not stopped enriching uranium to 20-percent purity. A parliamentary committee spokesperson had previously said otherwise.