Australia, the third-largest uranium producer in the world, is home to nearly one-third of the world’s known uranium resources.
Articles Tagged "Paladin Energy"
Ongoing problems at the disaster-stricken Fukushima Daiichi nuclear power plant aren’t helping Japanese citizens' perceptions of nuclear power’s safety.
This week, the uranium spot price fell 50 cents, to $43 per pound U3O8; however, the market is anticipating higher prices down the road.
Germany's views on the nuclear renaissance may have flipped, but nations like China, France, Argentina, Bangladesh and even oil-rich Saudi Arabia are staying the course.
Mining Weekly reported Paladin Energy (TSX:PDN,ASX:PDN) said a proposed demonstration at its Kayelekera uranium project has been canceled.
The uranium spot price continued to slide this week, yet confidence in the long-term outlook for the uranium market remains positive. Industry insiders are looking forward to strong demand expected to come from the numerous reactors under construction worldwide.
The spot price of uranium continues to slump, but that is not stopping uranium heavyweight Cameco from scouring the globe for more projects. The start up of Japan's nuclear reactors is also creating bullishness on the part of uranium analysts.
Mining Weekly reported Paladin Energy (ASX:PDN,TSX:PDN) widened its full-year loss by 110% to 172.8-million.
A Dundee Securities analyst believes that the uranium market has hit its bottom. More positively, prices are seen climbing this year and into 2013 as Japanese reactors come back to life and the Megatons to Megawatts program expires.
The Q2 results for a slew of major and junior uranium companies are in, and most show that while production has increased, profits and sales have not followed suit.