Tag Archive | "uranium trend"

Growing signs of upward trend for uranium miners

Monday, June 28, 2010

Brisbane Times reports there is a positive sign for uranium miners despite no change in uranium price. With uranium projects in Namibia and Malawi, Paladin’s share price has been travelling down from 2007, accelerating in late 2008. Rising into 2009, the price halted in resistance at about $5.50 last June and resumed the downward path. [...]

Stellar Resources set to rapidly advance uranium projects

Monday, October 19, 2009

Proactive Investors reports Stellar Resources has increased its activity in uranium projects with its exploration and development opportunities in South Australia. In an announcement, Stellar said the company is aiming to rapidly progress its projects based on previous exploration and activities of joint venture partners. The progress work includes undertaking an aerial electromagnetic survey over the southern Pirie Basin to [...]

Uranium price change not expected soon: analyst

Wednesday, September 2, 2009

Australian Journal of Mining reports spot uranium price has remained unchanged at US$47.50/lb. This Fund Implied Price (FIP) indicator currently carries the same valuation as the spot price for uranium. Since the beginning of July, the FIP has traded in a range from ~US$44/lb to ~US$52/lb. This is up from US$35/lb at the end of March. [...]

Rising demand, limited supply suggest price increases for uranium

Monday, August 17, 2009

Metal Miner reports on the trend of uranium price, supply and demand. When all other metals hit a high in 2007-8, crashed and have now made significant gains, uranium has moved steadily downwards. After peaking to over $130/lb briefly in mid 2007, the uranium oxide price has drifted down to less than $47.50/lb today according [...]

Bayswater begins exploration at Boiteau Lake, Labrador

Tuesday, July 21, 2009

Bayswater Uranium Corporation reports that it has began a six week exploration program on its 100% owned Boiteau Lake uranium project, Central Mineral Belt of Labrador. The Boiteau Lake Trend represents one of several high priority targets identified by Bayswater during 2008 requiring detailed ground follow-up. Highlights from the Boiteau Lake Trend include the identification of four [...]

New uranium production still needed to meet growing demand

Thursday, November 13, 2008

Mineweb(Editorial) reports uranium fundamentals for the long term remains positive however new production is needed to meet the future growing demand. Cameco CEO Jerry Grandey said Wednesday, “The long-term fundaments of uranium markets remain strong. New production is needed to meet growing demand.” Meanwhile, Grandey told analysts that he believe global uranium production may fall 5 [...]

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