Rediff.com reports nuclear energy becomes the main focus in the climate meet. Proposals are being worked upon at the Copenhagen summit to cut the greenhouse gas emissions in the atmosphere, prominent among which is the use of nuclear energy. A broad scientific consensus predicts that climate change will worsen dramatically when the concentration of greenhouse [...]
By Melissa Pistilli-Exclusive to Uranium Investing News On Friday, industry consultant TradeTech LLC announced it had raised its weekly uranium spot price indicator by $3 to $55 per pound in step with what it calls “robust demand” in the uranium market. Since bottoming at its lowest level in over three years in April ($40 per [...]
By Melissa Pistilli-Exclusive to Uranium Investing News Kuwait has become the latest nation to contribute funds to US billionaire Warren Buffet’s proposed multinational low-enriched uranium fuel bank. The country’s $10 million contribution has helped the Nuclear Threat Initiative (NTI) reach its $100 million goal and then some. NTI, of which Buffet is an advisor, is [...]
By Melissa Pistilli-Exclusive to Uranium Investing News A recent agreement between India and the International Atomic Energy Agency (IAEA) signed February 2 has opened up a huge market for Canadian uranium producers, which had been closed for over three decades. The agreement will allow nuclear power technology in India along with United Nations oversight of [...]
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