Hot Uranium News

Monday, May 21

Uranium: Interview with James Dines

Uranium: Interview with James Dines: "Uranium: Interview with James Dines
Print This Post Print This Post | Email This Page: Topic: Other — May 21st, 2007

This interview with James Dines is a ‘must’ for all investors who have an interest in the hottest stock market play in town."



(Via Uranium-stocks.net.)

Monday, May 14

UxC: The Uranium Market Outlook

UxC: The Uranium Market Outlook: "The Uranium Market Outlook

Special Issue Offer: In today's nuclear fuel market, the introduction of new supply is critical in all three front-end markets. This is especially true for the uranium and enrichment markets, which have experienced considerable upward price pressure this year, pressure that shows no signs of abating anytime soon. In uranium, the Cigar Lake and ERA floods have further impacted important sources of supply, with attendant market impacts. In UxC's January 2007 Uranium Market Outlook (UMO) report, published on February 21, we address the prospects for uranium prices in the wake of their doubling last year by examining the forces that led to the reversal of oil prices last year and the reasons behind the price declines following the two previous price booms in uranium. Also included are a review of recent market activity and a look a current and prospective activity, and a detailed listing of reactor and production developments that promise to shape the future market. "



Uranium May Rise to $250 in 2008

Bloomberg.com: Canada: "Uranium may more than double to $250 a pound next year as demand for the nuclear fuel outpaces production, according to SXR Uranium One Inc...``We'll see resistance at around $200 to $250, where utilities will take some pain,'' Neal Froneman, Toronto-based SXR's chief executive officer, said in a May 11 phone interview from Johannesburg. ``Within a few weeks, you'll see it go to $130'' and $150 later this year, he added."



Bloomberg: Uranium Supply Crunch Coming

Bloomberg.com: News & Commentary: "Prices for uranium, used to generate 16 percent of the world's electricity, may rise a quarter this year as stockpiles of the nuclear fuel dwindle and demand is set to rise from reactors being built in China and India...``You have gone from a buyers to a sellers' market,'' said Bob Mitchell, who holds physical uranium worth more than $26 million for Adit Capital Management in Portland, Oregon. ``Most reactors under construction haven't secured long-term supply and there is no inventory left among utilities.''"



(Via .)

Uranium price hike tipped to lift investment.

Uranium price hike tipped to lift interest. 08/09/2005. ABC News Online: "The continuing rise in the price of uranium has been forecast to boost investment and exploration...Areas just across the South Australian border from Broken Hill are considered prospective for uranium and Southern Cross Resources has a deposit ready at Honeymoon, 75 kilometres west of the city...The chief executive and chairman, Mark Wheatley, says he can see lots of money coming from investors."

Saturday, May 12

U.S. may lift duty on Russian uranium (UPI)



Uranium miner Uranium Resources Inc. said Friday it swung to a first-quarter loss from a year-ago profit that included hefty gains, but the uranium miner's shares hit a new year-high as revenue surged on higher selling prices.



Tuesday, May 8

Uranium Supplies Dwindling

United Press International - Energy - Briefing: "With an enhanced demand for uranium to fuel a nuclear-power boom worldwide, supplies are quickly dwindling. While that is incentive to build the uranium industry, it worries the Energy Department and U.S. nuclear plants, which need a constant and affordable supply... Like the Strategic Petroleum Reserve, which stockpiles oil in case of emergency, the department is looking into a uranium reserve."