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Uranium Energy has a valuable stockpile of uranium to sell, but it still doesn't have an operating uranium mine.
Shares in Uranium Energy (NYSEMKT: UEC) rose by a whopping 17.8% in the week up to Friday morning. The move comes in a positive week of newsflow for the nuclear industry, which is good news for a ...
In 2020, the U.S. government began to invest heavily in uranium mining, contributing to an uptick in the stock market. Uranium fuels nuclear power, which represents approximately 20% of America ...
During this time, large uranium inventories accumulated. Until 1985 the Western uranium industry was producing material much faster than nuclear power plants and military programs were consuming it. The spot price for uranium fell, [7]: 195 leaving the price below $10 per pound for yellowcake by year-end 1989. [10]
The uranium bubble of 2007 was a period of nearly exponential growth in the price of natural uranium, starting in 2005 [2] and peaking at roughly $300/kg (or ~$135/lb) in mid-2007. [citation needed] This coincided with significant rises of stock price of uranium mining and exploration companies. [3] After mid-2007, the price began to fall again ...
West Texas Intermediate (WTI) is a grade or mix of crude oil; the term is also used to refer to the spot price, the futures price, or assessed price for that oil. In colloquial usage, WTI usually refers to the WTI Crude Oil futures contract traded on the New York Mercantile Exchange (NYMEX).
In 2013, Fission Uranium Corp. was spun out of Fission Energy b after a deal was made with Denison Mines Corp to acquire all assets except PLS. [5] In January, 2015, Fission Uranium announced a major resource estimate in the indicated and inferred categories which, at that time, was the largest undeveloped resource in the Athabasca Basin region ...
The largest uranium producer in the United States is ramping up work just south of Grand Canyon National Park on a long-contested project that largely has sat dormant since the 1980s.
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