Trading data for uranium remains as rare as hen’s teeth with investors tracking the next uranium auction with the view that a result will be indicative of uranium’s future direction.

According to the usual sources (read more…)

Public opinion in Britain may be turning towards acceptance of a new nuclear power programme but the bureaucratic progress is slow and arduous. The original consultation has been judged to be very seriously flawed and so the public consultation period ensues bringing mixed results (read more…)

As Fronteer are now focused on gold exploration we have decided to transfer it to our gold mining investment account at gold prices.biz where we will report on the companies progress and any trades that we make. Just follow this LINK and many thanks for your patience.

The New Jersey energy company, NRG Energy Incorporated is to submit an application to build two new reactors in southern Texas according to The Wall Street Journal.

In their introduction to the article they had this to say (read more…)

Uranium Chart:

Having been battered by both a market sell off and a U-turn in the spot price of uranium the bottom fishers have arrived and uranium stock prices are recovering mostly on increased volume.

The spot price is languishing at around $85/lb down from $105/lb last month. As we have written many times this is a thin market and the lack of trades sometimes produces a spot price based on estimates rather than hard facts (read more…)

According to the Sydney Morning Herald the government and the opposition have overcome the Tasmanian Greens Party to make the mining of uranium in Tasmania legal.

This is another victory for common sense and another blow to the Green movements outdated policies. We see this change in political will as a major move forward for Australia which will add pressure to the other states such as Queensland which so far has resisted the call to allow uranium mining (read more…)

The words of Neal Froneman the CEO of Uranium One in an article carried by Mining Weekly who went on to say that (read more…)

It feels like forever since we could actually point to a real price for uranium with an audit trail to the buyers and the sellers. Now it appears that all we have to go on is estimates of what the various parties think it will trade at when it next trades (read more…)

The interesting point about this news release is that this company is actually ahead of its drilling programme and can therefore expand its area of exploration.

Mr Bill Boberg, President and Chief Executive Officer had this to say (read more…)

On the 20th August we signalled to all our readers of The Silver Prices Newsletter that there was a short term trading opportunity in silver as silver prices had fallen considerably and it appeared like a great buying opportunity for us.

Just moments ago, the silver futures prices moved up to where we had placed a sell order at $13.15/ounce on silver futures contracts for December. This means our silver trade has closed with 100% profit in 30 days, a trade with are extremely pleased with.

Read more.