Cameco Predicts Uranium Spot Market Downwards Correction
Source: Mineweb.com��(7/31/07)
A forecast of lower sales and spot prices by Canadian uranium über-miner Cameco Monday during a conference call generated concern among analysts and reporters, resulting in a written clarification by the world's largest uranium miner. More >

Energy Bill Aids Expansion of Atomic Power
Source: New York Times��(7/31/07)
A one-sentence provision buried in the Senate’s recently passed energy bill, inserted without debate at the urging of the nuclear power industry, could make builders of new nuclear plants eligible for tens of billions of dollars in government loan guarantees. More >

Uranium Prices Tumble Again After Steady Week
Source: Seeking Alpha��(7/31/07)
Uranium spot prices returned to their downward trend last week, dipping another US$6 to US$123 per pound, after holding steady the previous week, TradeTech said in the July 27 issue of Nuclear Market Review. More >

Uranium Prices See Largest Weekly Dip
Source: Seeking Alpha��(7/29/07)
While TradeTech's uranium spot price indicator remained at US$129 per pound as of July 20, after falling for the three consecutive weeks prior due to less interest from buyers, fellow market monitor Ux Consulting reported a US$10 dip to US$120 last week. More >

Australian Uranium Explorers Under a Microscope from Haywood's Mustard
Source: Mineweb.com��(7/26/07)
Haywood Securities senior mining analyst Jim Mustard told delegates at the Australian Uranium Conference in the Perth port city of Fremantle that any Australian companies with only domestic uranium projects could be prime takeover targets, with North American companies the likely bidders. More >

“Energy Stategist” Elliott Gue Takes the Long View on Uranium
Source: The Uranium Report��(7/24/07)
Elliott Gue, Editor of “The Energy Strategist,” talks with The Uranium Report (UR) about some of the biggest forces shaping the uranium market. More >

More Australian Takeovers?: A New M&A Season in Progress?
Source: Mineweb��(7/18/07)
...the Australian rumour mill is now posing arguments for the takeover of Paladin Resources by Canada's global uranium giant Cameco, and for Oxiana to be a target for Melbourne-based global lead-zinc giant Zinifex Ltd and Canada's Teck Cominco. More >

Uranium Price Falls Again: Possible Buying Opportunity
Source: Seeking Alpha��(7/17/07)
Uranium prices fell for the third straight week as buyer interest continues to cool. TradeTech's spot price indicator fell US$4 to US$129 per pound of uranium, it said in Friday's issue of Nuclear Market Review. More >

Uranium Short Sellers Make Record Bets Against Cameco
Source: Bloomberg��(7/17/07)
Demand from utilities to fuel nuclear reactors has plunged 72 percent from an April 6 peak, according to TradeTech LLC, which has tracked uranium prices since 1968. More >

James Dines: "One of the Greatest Bull Markets in History"
Source: The Uranium Report��(7/16/07)
A URANIUM REPORT EXCLUSIVE: James Dines, the "Original Uranium Bug," legendary financial prognosticator and editor of The Dines Letter, gives us his latest insights on the uranium market. More >

Profiting from the Next Big Uranium Discovery
Source: Marin Katusa, Casey Energy Speculator��(7/16/07)
". . .here’s the good news: a major discovery in uranium is now all but inevitable, due to the unprecedented amount of money that has been spent in uranium exploration programs over the past few years. And when the long-awaited discovery does come, accompanied as it will be by stories of shareholders striking it rich overnight, it promises to kick start another bull run for the sector as a whole. And especially for anyone fortunate enough to have invested in a company with holdings near the discovery." More >

Uranium Stocks Tipped to Resume Upward Path
Source: thewest.com��(7/14/07)
The roller-coaster ride of uranium stocks is about to crank up again, with expectations the price of yellowcake, which has been treading water over the past few weeks, will bounce up again next week. More >

Ernst & Young Finds Private Equity Houses May Be Targeting Mining
Source: Mineweb.com��(7/12/07)
Ernst & Young asserted in their report, "Mining Is Now the Time for Private Equity," that mining management is "behaving more astutely in limiting capacity expansion and future overproduction. As a result, normal supply/demand economics are being established." More >

Cameco’s Cigar Lake Uranium Start-up May Be Delayed Until 2011
Source: Mineweb.com��(7/12/07)
Saskatoon's mega-uranium miner Cameco announced Wednesday that flooding and dewatering issues continue to plague its Cigar Lake project, the world's largest undeveloped uranium mine, possibly delaying the start of production until 2011. More >

Queenland's Uranium Mining Ban 'Nonsensical' Says Ian Macfarlane
Source: qbr.com��(7/11/07)
Sharp rises in the spot price for uranium have triggered an exploration boom for the mineral according to Australian Resources Minister, Ian Macfarlane. More >

Spot Uranium Price Drops, But Niger Rebels Pressure Miners
Source: Seeking Alpha��(7/9/07)
According to Nuclear Market Review [NMR] editor Treva Klingbiel: Sellers are for the first time in many, many months showing a willingness to sell below the current published price in order to attract a willing buyer. As a result, TradeTech's Spot Price Indicator dropped to $133 per pound U3O8, a decrease of $2.00 from the June 30th Exchange Value. More >

Uranium Bull Market Far From Over
Source: Seeking Alpha��(7/9/07)
...This also means that the uranium industry has not yet entered into a manic blow-off phase of the bull market. Easy money may be over in the sector, but there is still a lot to be made by carefully selecting the stocks that will be the next acquisition targets... More >

Is the End of the Uranium Rush in Sight?
Source: Seeking Alpha��(7/6/07)
After an uninterrupted four-year rise, uranium prices have finally met some resistance, and investors are weighing the probability of the uranium rush coming to an end, with the metal's prospects as a long-term source of alternative energy. More >

Spot Uranium Price Takes A Temporary Dip
Source: Seeking Alpha��(7/3/07)
After 47 consecutive months without a drop in price, weekly spot U3O8 had a small hiccup. It was inevitable. In 85 percent of those 47 months, the uranium price surged higher. More >

Uranium Price Falls For First Time in Four Years
Source: Bloombert��(7/2/07)
Spot prices for uranium oxide concentrate dropped US$3 to US$135 a pound last week, Denver-based TradeTech said June 30 in its weekly Nuclear Market Review. Prices rose almost 13-fold to a record $138 over the previous 47 months, driven by supply cutbacks and speculation by investment funds. More >

Cameco's McArthur River Uranium Deposit an Absolute "Gold Mine"
Source: Mineweb��(7/1/07)
Cameco's flagship McArthur River mine -- which is also 30 percent owned by France's state-owned nuclear group Areva -- holds 367 million pounds of reserves and should produce 18.7 million pounds this year, about 17 percent of global supply and enough to meet about 7 percent of U.S. electricity demand, the company says. More >

Australian Mining Stocks in Big Market Catch Up With Canadians
Source: Mineweb��(6/29/07)
Sydney-based Resource Capital Research (RCR) saw a major lift in market performance by Australian juniors in a catch up to Canadian stocks - the market leader in the uranium exploration boom. More >

Australian Broker Sees Longevity in High Spot Uranium Price
Source: Mineweb.com��(6/25/07)
A study by Southern Cross Equities believes that "the current uranium spot price is very sustainable for at least the next 4-5 years." More >

As Prices Soar, Uranium Initiatives Rise
Source: Mining Weekly��(6/22/07)
Another sign of the times in gold and uranium mines is allowing either the energy metal or the precious metal to dominate, depending on their prices. More >

Hedging Their Bets
Source: The Uranium Report��(6/20/07)
It’s still too early to tell exactly what impact the newly launched NYMEX uranium futures exchange will have on the industry. While the volume of trading on NYMEX is low, there’s a huge volume of speculation from industry observers and participants on what lies ahead. More >