By Melissa Pistilli-Exclusive to Uranium Investing News Despite the spot price of uranium dropping yet another dollar to $45 per pound, recent reports from the World Nuclear Association (WNA), the International Atomic Energy Association (IAEA) and industry consultant UxC show that uranium demand is set to outpace uranium supply in the coming decade. China and [...]
By Melissa Pistilli-Exclusive to Uranium Investing News Both the industry’s two leading consultancy firms, TradeTech and Ux, have lowered their weekly uranium spot price indicators to $52 per pound, erasing last week’s gains. The dramatic increase in the short-term U308 price from $49 to $55 over the past month brought new supply to market, but [...]
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 Savvy investors are well aware of the impact political risk can have on the market perception of a company’s share value. The mining industry is especially vulnerable to political risk and the affect it can have on investor interest. If you follow the uranium market, then you’re probably [...]
By Melissa Pistilli-Exclusive to Uranium Investing News Rising demand for uranium and the reality of a supply shortfall are finally having an impact on the spot price of yellowcake. The price has been on an uptrend this past month, reaching $51 per pound this past week. As nations look for ways to keep up with [...]
By Melissa Pistilli-Exclusive to Uranium Investing News The uranium spot price rose for the first time in nearly six months on Friday to $41.50 a pound, up 2.5 per cent according to TradeTech LLC. So far over 4.3 million pounds have been traded for the month of April, nearly double that of January through March [...]
By Melissa Pistilli-Exclusive to Uranium Investing News Despite the uranium spot price losing another 1.8 per cent for a second week in a row, now at $40.50 a pound, analysts and others in the industry are confident that uranium miners are poised to do well. “Uranium has done pretty well overall and certainly I think [...]
By Melissa Pistilli-Exclusive to Uranium Investing News On Tuesday and Wednesday of this week, Paydirt magazine, an internationally-circulating mining publication, hosted its fourth-annual Uranium Conference in Adelaide, South Australia. The two-day program included nuclear industry leaders, exploration and ining representatives, and government officials coming together to discuss the uranium and nuclear energy industries. Some of [...]
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 Over the next ten years, Japan, the world’s third-largest nuclear power generator, aims to build another 13 reactors. In a bid to compete for uranium supplies with the world’s two fastest growing economies, China and India, Japanese energy companies are moving to acquire interests in uranium mines. Depressed [...]
Thursday, September 10, 2009