As charts go, they don’t come much more volatile then this one of Khan Resources. The legal battle with the Russians is set to continue with many twists and turns yet to come.

Russia is moving forward with plans to expand the role of nuclear energy. But is it resorting to strong-arm tactics to secure uranium properties in neighbouring countries (read more…)

Source: Brian Sylvester of The Energy Report 7/20/10
http://www.theenergyreport.com/cs/user/print/na/6850

You don’t hear a lot of talk about uranium these days. It’s just not as sexy as gold or silver. But with a host of reactors slated for construction, the sector is rife with opportunities. Haywood Securities Analyst Geordie Mark visits numerous uranium projects each year, researching plays at all levels. In this exclusive interview with The Energy Report, Geordie tells us why he’s given “sector outperform” ratings to no less than 11 companies. It could be the most comprehensive global roundup of uranium plays anywhere (read more…)

The average spot price for uranium has remained steady for most of this year as the above chart from u308.biz indicates with the long term uranium price currently standing at $60.00/lb according to uranium.info. The sector remains flat for uranium stocks with very little in the way of movement other than a general drift to lower stock prices (read more…)

The stock price of Uranium Participation Corporation (U) has taken a battering over the last six months along with most uranium stocks and now looks to be oversold as the uranium sector remains on the floor. As we can see from the above chart the RSI dipped below the ‘30′ level for a short time suggesting that this stock was a buy and the STO has just turned upwards and is now pointing to higher ground (read more…)

A week ago Cameco released its first quarter results which unfortunately did not sit too well with investors as the stock was sold off. We have listed the highlights of the news release and ask the question has the sell off been overdone.

As we can see from the above chart the RSI has dropped below ‘30′ to 16 which suggests that Cameco is now oversold, also note the STO looks to have bottomed and has turned up slightly and the MACD is in oversold territory (read more…)

The new military government in Niger has decided to instigate an audit of the mining contracts starting with the uranium and gold sectors, which usually means that they would like a larger share of the cake. Companies such as Areva SA and Semafo Incorporated operate in Niger and no doubt will be concerned as to how these changes will impinge on their operations.

Niger, the world’s sixth-largest uranium producer, will review mining agreements with companies including Areva SA to ensure they’re fair to the West African country, a mines ministry official said (read more…)

The latest news release from Extract resources reveals the appointment of a new chief Executive Officer, Jonathan Leslie, as follows:

Extract Resources Ltd a uranium exploration and development company with projects in Namibia, today announces the appointment of Mr Jonathan Leslie as the Group’s Chief Executive Officer (CEO) with immediate effect. Mr Leslie will join the Board of Extract in due course.

Mr Leslie is a highly experienced mining executive, with extensive operational and management knowledge of the global mining industry which includes experience in uranium marketing and project management (read more…)

Good news today for First Uranium boosted the stock price by 36% on volume of 11.9 million shares traded as we write, largely based on the following news release:

First Uranium Corporation (TSX:FIU, JSE:FUM) has been notified by the North West Provincial Government’s Department of Agriculture, Conservation, Environment and Rural Development that they have issued a positive decision on the amendment application lodged by MWS last year pertaining to the Environmental Authorization (”EA”) for a future Tailings Storage Facility (”TSF”) for its Mine Waste Solutions tailings reclamation project (”MWS”) near the town of Stilfontein, North West Province, South Africa (read more…)

After a rocket like climb Extract Resources Limited (EXT) have settled back to trade at $6.65. The technical indicators are in the oversold zone and suggest that this uranium stock might just be a buy at these levels (read more…)

A recent news release from Uranerz (URZ) has helped to stimulate interest in this uranium stock as the the price has rose dramatically over the last few days (read more…)