Industry analysts see early signs of a crucial turnaround for both uranium spot prices and uranium mining shares as the market heads toward a supply deficit.
Articles Tagged "Uranium demand"
As many industry analysts predicted, uranium stocks rallied strongly following the Liberal Democratic Party’s landslide victory in Japan’s election.
The increasing likelihood of a future nuclear fuel shortage presents an upside for uranium exploration and development companies with quality projects in prime locations.
Governments and big money understand that nuclear power is a crucial part of the solution to rising world energy demand. Analysts are forecasting that a uranium market turnaround is on the horizon.
Seeking Alpha reported on the outlook for uranium and oil, saying Cameco (TSX:CCO,NYSE:CCJ) is likely to benefit from increased uranium demand.
Mining Weekly reported GBI Research announced it expects uranium production to increase over the next year.
SMH reported Toro Energy (ASX:TOE) says an expected surge in uranium demand may signal a turnaround in the industry.
Minweb reported an interview with David Talbot, an analyst with Dundee Capital and Geoff Candy about the uranium market landscape.
FM reported the uranium market is set to rise as demand for alternative energy resources increases globally.
Extract Resources Limited was offered $2.2 billion for its Husab uranium project in Namibia, by China Guangdong Nuclear Power Corp (CGNPC). The offer is conditional on the success of an additional proposal to acquire Kalahari Minerals.