Improving stock prices in the face of depressed uranium prices may be a bullish signal for savvy investors.
Articles Tagged "China"
Reuters reported that the cancellation of a $6.5 billion uranium processing project has left China scrambling to secure supplies for its nuclear reactor building program.
Uranium giant Cameco took some time to chat with Uranium Investing News about uranium and the company's future.
The Global Times reported that China has developed technology to enrich its own uranium.
Mining Weekly reported that production was halted at a China National Nuclear Corp uranium in Niger as workers went on a 72-hour strike to demand better salary and bonuses.
Lackluster uranium spot market activity over the past few months is leading impatient investors to wonder if 2013 will truly be uranium's comeback year.
An extremely destructive storm in Kazakhstan led to a temporary suspension of uranium mining in the Sozak region.
Mining Weekly reported that Niger wants to renegotiate its partnership terms on uranium mining with Areva, a deal which generates €100-million for the country. Niger president Mahamadou Issoufou said they are also looking to partner with other mining investors in their effort to boost their country’s economy.
Both industry experts and market watchers are confident that uranium spot prices will begin to rise this year as nuclear power plants are constructed and commissioned around the world.
Bloomberg reported that uranium is set to rebound from another annual decline with Japan considering reviving its atomic plants and China moving ahead with its nuclear building program, which is the biggest in the world.