Despite Optimism, Uranium Trades In $5 Band
IBTimes reported that despite guarded optimism among traders, analysts and miners in the uranium industry, the spot price has traded within a US$5 band of US$50 dollars for more than a year now.
IBTimes reported that despite guarded optimism among traders, analysts and miners in the uranium industry, the spot price has traded within a US$5 band of US$50 dollars for more than a year now.
Mineweb reported on the uranium industry as it is changing from fear to a market of necessary energy opening more mines and plants in China and Canada.
Paragon Report announced an analysis concluding the uranium industry is on the rise as the Global X Uranium ETF (URA) is up nearly 12 percent year-to-date.
One year after the Fukushima incident, the World Energy Council has issued a report on the current status and the future of the nuclear industry.
Reportlinker.com announced it has released a new market research report on India's uranium mining market providing an overview and a fiscal forecast.
Analysis from last November reported that Iran’s total low enriched uranium production was estimated to be almost 5,000 kilograms of low enriched uranium hexafluoride. If it is further enriched to weapons grade, this quantity of low enriched uranium is expected to be enough to make four nuclear weapons.
2011 was a challenging year for investment in the uranium industry. However, the new year offers fresh opportunity to build on some positive news that began to gain traction in the latter half of 2011.
Platts reported a study on uranium mining in Virginia concluded the state is not ready to safely mine the element.
Reuters reported Areva (EPA:AREVA) will sell assets and cut investments to restore its budget after a plunge in demand for uranium.
The Street reported a legislative committee will present a report on uranium mining to the Virginia General Assembly.
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