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Sunday
Nov302014

Julie Bishop reopens nuclear debate as route to cut carbon dioxide emissions

Foreign Minister Julie Bishop says nuclear energy remains an option for Australia, describing it as an "obvious direction" as it considers how to cut carbon dioxide emissions after 2020.

Ms Bishop called for a an open discussion about the feasibility of nuclear power, given Australia's abundance of uranium, but accused Labor of resorting to a scare campaign when the issue was raised during the Howard government years.

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Monday
Nov242014

China to Need 1,000 Nuclear Reactors as Part of Climate Pledge?

China could need about 1,000 nuclear reactors, 500,000 wind turbines or 50,000 solar farms as it gears up to fight climate change, Bloomberg reported last week.

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Monday
Nov242014

Uranium spot price plummets as buyers exit market

Remember way back to last week when there was so much excitement about the rallying uranium price? Uh, yeah. So do we. Unfortunately, the market has taken a serious turn for the worse.

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Monday
Nov242014

Holiday Special: Your Money Back if SK OptionTrader Loses Money

SK Options Trading has enjoyed positive returns every year since it began. This year we have continued that success and are on track to close out 2014 as yet another profitable year. To celebrate this we are offering a limited time only, money back special to new subscribers.

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Tuesday
Nov182014

Australian uranium shipments planned for 2015 as India ramps up nuclear power  

The uranium industry is hoping to make trial shipments to India next year as the nation makes plans to move to 25 per cent nuclear power by 2050.

Prime Minister Tony Abbott and Indian leader Narendra Modi have discussed the supply of Australian uranium for India's nuclear power plants.

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Monday
Nov172014

Gold To Head Higher, But There’s A New Metal To Watch - Cayman Speaker

(Cayman Islands) - Kitco News speaks with the CEO of Uranium Energy Corporation Amir Adnani about why he thinks uranium is the commodity to watch. Uranium has had the largest weekly increase since 1996 and is currently trading at its highest level in 18 months, around $42 per pound.

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Monday
Nov102014

Uranium Spot Prices Could Rise Above $50/lb in 12 Months, Says H.C. Wainwright (URZ) (UEC) (URG)

H.C. Wainwright analyst Jeffrey Wright thinks uranium spot prices could rise above $50 per lb in the next twelve months. The reported noted a positive decision regarding the restart of two Japanese nuclear reactors, which could alleviate psychological pressures on the uranium market.

"Since falling below $40 per lb in 2013, spot prices have been unable to breach the $40 per lb mark until now. The recent recovery in spot prices from a little above $28 per lb earlier this year to more than $40 per lb,

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Monday
Nov102014

Gold-prices.biz Stock Trader Update 11 November 2014

This is just a quick note to let you know that today we closed another short trade on GDXJ generating a profit of 35.26%.

This is the third time that we have successfully shorted GDXJ since the inception of this premium trading service, our trading record will be updated as soon as we can get to it.

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Sunday
Nov092014

First Japanese nuclear power plant since Fukushima to resume operations

Local governor gives final approval to restart two reactors at Sendai under new safety rules despite residents’ concerns

Sendai reactors

A local governor in Japan has given final approval to restart a nuclear power plant in southern Japan, the first to resume operations in the country under new safety rules imposed after the 2011 Fukushima Dai-ichi meltdowns caused by an earthquake and tsunami.

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Thursday
Nov062014

Ur-Energy Posts Third-quarter Financial Results, Raising Expectations

Chart courtesy of u308.biz

Ur-Energy (TSX:URE,NYSEMKT:URG) released its third-quarter financial results on Monday and analysts have been poring over them ever since.

During the quarter, the company captured 131,331 pounds of U3O8, with 125,915 pounds of that amount being packaged in drums. Ur-Energy was able to sell 100,000 pounds to generate revenue of $6 million

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