|February 02, 2017|
INTERVIEWS: Junior uranium explorer anticipating higher prices
Excerpted from Stockhouse Interviews
The five-year bear market in the mining industry has been a very difficult
period for many metals markets and the companies producing and exploring for
those metals. Nowhere has this slump been more difficult than in the uranium
sector. In 2007; the price of yellowcake spiked to over $150/lb. After
plunging to as low as $40/lb by the end of 2009, the price of uranium
rebounded back to approximately $80/lb by 2011 -- and then came Fukushima.
The negligence which led to that catastrophe caused a kneejerk reaction from
many governments, some reactors were taken out of commission and some future
projects were shelved. At times, prices have dipped below $20/lb.
To view entire article, please click HERE
You can return to the main Articles and Reports page, or press the Back button on your browser.