The Energy Report
Expert laments “the continued credit crisis gripping the US and its impact on the world economy, including the uranium market”; uranium oxide price drops to two-year low.
Scores of investors in dozens of listed uranium stocks around the world were once again disappointed in the past few days as uranium oxide prices moved down again, this time, to two year lows. Specialist trade entities Ux Consulting reported spot prices falling this week to USD 53/lb, down by USD 5/lb, while TradeTech reported USD 55/lb, also down USD 5/lb.
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Uranium Prices Fall Again As Credit Crunch Bites
Source: Mineweb (10/1/08)
Scores of investors in dozens of listed uranium stocks around the world were once again disappointed in the past few days as uranium oxide prices moved down again, this time, to two year lows.
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