By Melissa Pistilli-Exclusive to Uranium Investing News The short-term uranium spot price has fallen $2.50 to $42 per pound U308 continuing its three month downtrend. The biggest factor affecting recent cuts is fear in the market over the US Department of Energy’s (DOE) release of 1,200 tonnes of UF6 into the market next month. However, [...]
Continue reading "Uranium Remains Undervalued"
Thursday, September 10, 2009
By Melissa Pistilli-Exclusive to Uranium Investing News Despite the spot price of uranium dropping yet another dollar to $45 per pound, recent reports from the World Nuclear Association (WNA), the International Atomic Energy Association (IAEA) and industry consultant UxC show that uranium demand is set to outpace uranium supply in the coming decade. China and [...]
Continue reading "Uranium Demand Set to Outpace Supply"
Thursday, August 27, 2009
By Melissa Pistilli-Exclusive to Uranium Investing News Despite the upward trend in spot prices for most commodities this year, uranium prices seem immune to positive investor sentiment that economic recovery is on the horizon. Last year, the spot price for U308 averaged about $62 per pound, but by May had fallen to $52. Monday, Ux [...]
Continue reading "Spot Uranium Prices Going Flat"
Tuesday, June 30, 2009
By Melissa Pistilli-Exclusive to Uranium Investing News Both the industry’s two leading consultancy firms, TradeTech and Ux, have lowered their weekly uranium spot price indicators to $52 per pound, erasing last week’s gains. The dramatic increase in the short-term U308 price from $49 to $55 over the past month brought new supply to market, but [...]
Continue reading "Wanted: African Uranium Resources"
Friday, May 29, 2009
Yahoo Finance reports uranium stocks were driven higher as news on stockpiles may be insufficient. The International Atomic Energy Agency said that uranium supplies in Russia and the US may only cover 5% of the world’s demand by 2015, according to Bloomberg. For complete story, click this link. Follow developments in uranium mining and exploration [...]
Continue reading "Supply and demand drives uranium stocks higher"
Friday, May 22, 2009
First Uranium Corporation reports the commissioning of the uranium plant at the Company’s South African underground uranium and gold mine, the Ezulwini Mine. The Company also reported its production results for the fiscal quarter ended March 31, 2009 (“Q4 2009″), during which the Company processed 1,693,000 tonnes of reclaimed tailings at its Mine Waste Solutions tailings [...]
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.
Monday, September 28, 2009