Uranium Investing News talks shop with resource stock guru Rick Mills, who believes a perfect storm of increasing demand alongside dropping above-ground supply will create ideal conditions for near-term producers.
At a conference in New Delhi lat week, India reaffirmed its commitment to nuclear energy to avoid the country facing an economic slow down.
CNBC reported Areva (EPA:AREVA) saw revenues decline 2.6% in 2011 after a uranium mining disaster, change in leadership and global uranium price drop.
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.
Mining giant Rio Tinto PLC has finally engaged in a long anticipated competition for junior uranium company Hathor Exploration Ltd. with a friendly $572-million bid, escalating a challenge against an earlier hostile offer from uranium giant Cameco for the promising Saskatchewan property.
Commodityonline reported on the uranium markets, stocks and price since the Japanese nuclear incident
A conscientious administration of uranium mining and processing is critical within all stages of activities and planning, incorporating decisions from exploration through development, operations and construction, as well as the terminal decommissioning.
Tigris Uranium (CVE:TU) announced the acquisition of the Treeline project in Cibola and McKinley counties, New Mexico, in addition to five uranium projects in Wyoming.
Resource Investor reported on Doug Casey, Casey's Research Chairman, the prospects for uranium in Asia and the other developing nations.
With uranium producers and reactor suppliers also potentially benefiting in the process Secreatry Chu stated "Establishing this reserve will put confidence in the US as a reliable supplier of nuclear fuel and should encourage other governments to see American nuclear vendors as preferable partners."
Get our independent commentary on uranium trends and companies delivered to your inbox.
