Uranium Spot Price Stays at $42.25 Per Pound
Platts reported that spot price of uranium remains stable at $42.25 per pound on steady demand amid the US spring break season.
Platts reported that spot price of uranium remains stable at $42.25 per pound on steady demand amid the US spring break season.
Lackluster uranium spot market activity over the past few months is leading impatient investors to wonder if 2013 will truly be uranium's comeback year.
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.
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.
InvestmentU reported impending uranium supply shortages in September may push prices higher, but the investment market remains volatile in an interview with Kivalliq's (TSXV:KIV,TSX:KIV) CEO.
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.
The uranium market may see relief from depressed prices in the next few years as demand overtakes supply. Many of the world’s producers are slowing development and production plans, and that may lead to a supply deficit.
BHP Billiton and Cameco recently announced delays to large-scale uranium projects; the uranium market is likely to see a higher prices and a supply deficit as a result.
The Energy Report conducted an interview with Edward Sterk, who says a supply gap in uranium is forthcoming.
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