IFandP.com reports on the uranium market for the summer period. Uranium spot prices fell by US$1.00 to US$45.00/lb in the week ended August 30 – the same price differential was recorded over the past month as the market cooled down after its July peak. For complete news, click here.
Continue reading "Uranium market cools after July heat"
Wednesday, September 1, 2010
Hathor Exploration Limited (CVE:HAT) reports an update to its 2010 summer drill program at its Midwest NorthEast property, Saskatchewan, Canada. The strong alteration intersected under the eastern shore of McMahon Lake southwest of Roughrider East corroborates the large resistivity anomaly that extends south westerly from Roughrider East along the Midwest Trend. For complete news release, click [...]
Continue reading "Hathor Extends Roughrider East 60 m"
Wednesday, September 1, 2010
Platts.com reports on spot uranium diving and rebounding trends in the past week. The spot market price of uranium seesawed over the past week, dropping by more than $2 a pound U3O8 to below $44/lb, but then rebounding to about $45/lb by midday Tuesday, according to sources. For complete details of the news, click here.
Continue reading "Spot uranium price dives before making recovery"
Tuesday, August 24, 2010
Techuranium.blogspot reports on uranium indices. I have developed two Uranium Indices. They each have the same component stocks but are calculated using different methodologies. My weekly Index is based upon the average weekly performance of the component stocks. For complete editorial, click here.
Continue reading "Technically Uranium with Merv"
Tuesday, August 24, 2010
Fission Energy (CVE:FIS) reports Korea Waterbury Uranium Limited Partnership have entered into a definitive Limited Partnership agreement with the company to further the joint exploration and development of the Waterbury Lake property, Athabasca Basin. An approximate C$2.07 million Budget and Work Plan for the Summer 2010 exploration program has been approved, which includes a 4,000m drill program (see [...]
Continue reading "Fission: Expenditures at Waterbury Lake Double"
Friday, August 20, 2010
Commodity Online reports uranium spot price continues to demonstrate upward price movement, increasing $0.75 to $46.00 per pound this week. Over 1 million pounds uranium equivalent changed hands in seven transactions. For complete news, click here.
Continue reading "Uranium prices scale new heights"
Thursday, August 19, 2010
RIA Novosti reports Ukraine has an agreement with Russia in a uranium deal. Ukraine has signed an agreement with Russia on the purchase of a 10% stake in an international uranium enrichment center in Siberia, Ukraine’s Nuclear Fuel state-controlled concern said on Thursday. For complete news, click here.
Continue reading "Ukraine signs deal on 10% stake in Siberian uranium center"
Friday, August 6, 2010
AFP reports Paladin Energy (ASX:PDN) has made long term plans with China in uranium sales. The agreement also mentioned the possible expansion of joint venture relationships between Paladin and Energy Metals, in which CGNPC holds a 69-percent stake, the firm said in a statement released Thursday. Energy Metals is an Australian uranium exploration company and holds [...]
Continue reading "Chinese nuclear firm ties up with Australian uranium miner"
Tuesday, July 27, 2010
Ninemsn reports on the uranium markets and price. It has taken a while but it would appear general interest in uranium and shares of uranium companies is picking up again. After all, it has been three years since spot uranium peaked at US$136/138/lb in 2007. For complete news, click here.
Continue reading "Uranium Regains Its Lustre"
Monday, July 5, 2010
Canadian Mining Journal reports a perspective of the highs and lows of the uranium sector. RCR then compared market valuation changes in Australian and Canadian producers. In both countries, uranium mining companies suffered shrinking value in the past month and three months. However, over the past 12 months, these companies have increased in value 48% [...]
Continue reading "Perspective: Uranium ups and downs"
Conferences and Trade Shows: For more information on the uranium market and companies, add the U2009 Global Uranium Symposium conference May 9-13, 2009 in Keystone, CO to your calendar. Other shows include: Cambridgehouse, IIC, Chicago Resource Expo
The Uranium Investing Glossary: This glossary covers investing in junior resource companies. For the experienced investor or the newbie, you should find everything you need here. If not, let us know and we’ll research and add what you’re looking for.
u3o8.biz Database of Uranium Companies/Uranium Stocks: A comprehensive list of uranium companies including: Trading Symbol, Share Price, Market Cap, Resource, Land Holdings, and Market Cap / U3O8 lbs
UraniumInvestingNews.com maintains a focus on Uranium exploration and investment opportunities. For broader Natural Resource Investing, see ResourceInvestingNews.com.
Wednesday, September 1, 2010