At the Vancouver Resource Investment Conference, Mickey Fulp identified Energy Fuels as a company that will prosper as the uranium price rises.
Articles Tagged "United States"
To help investors understand what is going on in the uranium market, Uranium Investing News spoke with Marin Katusa, Chief Energy Investment Strategist for Casey Research.
Enriched uranium supplier USEC (NYSE:USU) said that it expects to file for bankruptcy protection as part of its deal with bondholders.
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.
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.
Although Iran has said it has no interest in nuclear weapons, global leaders remain skeptical about the country's uranium enrichment plans, and talks have continued.
Canada has been a hot topic for uranium market players due to the high-grade discoveries in the Athabasca Basin. But the buzz around Canadian uranium deposits should not take precedence over the bigger picture price catalysts at play in the United States.
The Canadian Press reported that on Wednesday, Republicans in the US House pushed through a bill aimed at speeding up the governmental review process for gold, silver, copper and uranium mining on federal land. If passed in the Senate, the bill will make it harder for opponents to legally oppose new ventures and will put in place "a 30-month timeline for environmental reviews."
Uranium giant Cameco took some time to chat with Uranium Investing News about uranium and the company's future.
Nuclear energy expert Tom Drolet speaks with Andrew Topf, the INN's senior editor, about what the future holds for uranium and nuclear power.