The Factors In Favor Of Investing In Uranium

The last few days has seen an awakening amongst many of the financial gurus of the virtues of investing in Uranium producers and we must admit that the factors in favor make a convincing case. In fact many of these plus points have been made in previous posts featuring uranium on this site over the [...]

Nuclear Power | Uranium Stocks Set To Soar

Russia has been a principal supplier of depleted uranium from its nuclear weapons stock pile but that has become just about exhausted so the increasing demand for uranium ore, known as yellowcake, must come from the mining sector.

Uranium Stockpile Held by Bankrupt Bank

Now the news is that Lehman Brothers also held a stockpile of around 450,000 lbs of uranium, the result of a commodities trading contract, gives a whole new slant on the much used expression ‘toxic assets’.

Uranium In Favour With The Japanese

With the spot price dropping like a stone in the last eighteen months before stagnating around $47-$50 a lb.the news that a Japanese industrial & financial corporation has paid a 14% premium over the current share price for a near 20% stake in Uranium One Inc.may herald long overdue renewed activity in the nuclear sector.

Uranium Prices To Remain Volatile For This Year

Uranium Ux308 spot market price stays around US$47 per lb. A spokesman at the mining conference in Cape Town suggests that uranium prices will remain volatile for the remainder of the year.

Uranium and its Growing Potential

Whatever the state of the economies of the world in the forthcoming years, uranium would grow in demand as the source of energy that is the least damaging to the environment.