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When uranium prices cratered following the 2011 Fukushima nuclear power plant meltdown, Uranium Energy stepped into the market and started buying shuttered uranium mines and mine development ...
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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 ...
Fission Uranium Corp. is a mineral exploration company engaged in the exploration and development of uranium assets. Its sole project is the Patterson Lake South (PLS) Project located in Canada's Athabasca Basin District. [2] On December 23, 2024, it was announced that Paladin Energy had acquired full control of the Canadian company. [3]
In 2013, Denison purchased a number of uranium exploration projects from Fission Energy, including the Waterbury Lake uranium development and other properties in the Athabasca Basin. [12] In January 2017 Denison announced it had executed an agreement to increase ownership of the Wheeler River Uranium Project in the Athabasca Basin to 66%. [13]
With the price of uranium low, investment in uranium mining decreased. [7]: 195 The uranium market was a buyers market over the periods 1980 to 1994 and 1998 to 2003. [7]: 195 Beginning in 2001, uranium prices rebounded and continued to increase through the uranium bubble of 2007.
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World uranium reserves in 2010. Uranium reserves are reserves of recoverable uranium, regardless of isotope, based on a set market price. The list given here is based on Uranium 2020: Resources, Production and Demand, a joint report by the OECD Nuclear Energy Agency and the International Atomic Energy Agency. [1] Figures are given in metric ...