Grants, New Mexico was the world’s largest uranium producer before the price of spot uranium went into a 20-year depression. With the soaring price of uranium, miners are coming back. Are they welcome again in Grants?
New Mexico: Who Are The Serious Players?
Uranium prices continue to soar, and now uranium mining is making a comeback in the state of New Mexico. There may be four serious players hoping to develop their properties in this state. Who are they?
Camecos Uranium for New Mexicos New Enrichment Facility?
According to a New Mexico State Senator, the proposed uranium enrichment facility in New Mexico may be getting its uranium from Canada, completing shutting the U.S. out of the mining and enrichment process steps of the nuclear fuel cycle. Will Cameco be the supplier? If so, will the uranium ore come from Canada or Kazakhstan?
U.S. Uranium Industry to Produce 20 Million Pounds by 2012
We talked to Jon Indall, Executive Director of Uranium Producers of America, who told us U.S. uranium production could annually reach 20 million pounds in five to six years. Indall also told us the domestic uranium market is critical to the renaissance in nuclear energy.
Will Chinas New Five-Year Plan Force U.S. Utilities to Ration Your Electricity?
Taking your electrical needs for granted? A new five-year plan announced by the Chinese government may put the reliability of your electrical supply at risk. China may snap up all the available uranium over the next few years. U.S. utilities depend upon uranium to power their nuclear reactors, which provide 20% of your electricity.
Safest Ways To Invest In Uranium Companies
Summary: Because of soaring uranium prices, hundreds of companies have formed to capitalize upon the latest craze. How do you avoid being fooled? Look to ISL uranium companies. About 21 percent of the worlds nuclear reactors are now fueled by uranium mined using this method. How do you evaluate the many uranium companies now developing their ISL operations?
Now that the spot uranium price has sustained above $40/pound, after a 20-year drought and a bottom of $6.40/pound a…
Earths Population to Drop by 80 Percent, Says Top U.K. Scientist
An exclusive interview with James Lovelock about his latest book, our doomed civilization, how todays environmental movement is wrecking the environment and nuclear energy remains one of our few hopes for the survival of our society and quality of life.
UxC President To U.S. Utilities: Buy American
Summary: In the face of Asian competition and possible supply shocks to the uranium market, UxC president Jeff Combs urges U.S. utilities to support the expansion of production in the United States. He believes theres a good chance for $50/pound uranium this year. Any shock to supply could send prices much, much higher.
StockInterview: How would you sum up the uranium market right now?
Jeff Combs: Theres a very tight supply/demand situation that exists now for del…