Articles Tagged "uranium market"

United States Still Favors Nuclear Power

According to the results of Gallup's annual Environment survey, conducted earlier this month, the majority of Americans continue to favor nuclear energy as a source of electricity for the United States. Since the inception of the survey, the range of support for the nuclear industry had ranged from a low of 46 percent in 2001 to a high of 62 percent in 2010.

Cameco Increases Hathor Offer to $625 million

Uranium giant Cameco Corp raised its hostile takeover offer for Athabasca Basin uranium junior Hathor Exploration with an increased all-cash offer of $625 million, or $4.50 per share.

Uranium Prices Lower on Thin Volumes

UxConsulting reported that “The spot uranium market continues to edge downward on price-sensitive demand. August is the height of the vacation season, giving buyers yet another reason to stay away from a market that has been languishing this summer as the implications of the Fukushima accident have set in.”