Energy

Mineweb reported Areva (EPA:AREVA) delayed the start of its $1 billion Trekkopje uranium mine in Namibia until market conditions improve.

Mineweb reported Areva (EPA:AREVA) delayed the start of its $1 billion Trekkopje uranium mine in Namibia until market conditions improve.

As quoted in the market news:

Uranium prices have been on the decline since the nuclear disaster at Fukushima in Japan in March 2011, with some countries questioning the safety and viability of nuclear energy and some suspending their plans to build new plants altogether.

Click here to read the full Mineweb report.

Featured

MARKETS

Markets
TSX20099.81+400.76
TSXV696.65+29.40
DOW32196.66+466.36
S&P 5004023.89+93.81
NASD11805.00+434.04
ASX7075.10+134.10

COMMODITIES

Commodities
Gold1815.51+3.21
Silver21.25+0.04
Copper4.18+0.01
Palladium1979.50+34.50
Platinum953.00+7.00
Oil110.34-0.15
Heating Oil3.77+0.01
Natural Gas7.80+0.14

DOWNLOAD FREE REPORTS

×