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Red Book reveals plenty of uranium

Investing News Network
Jul. 23, 2010 08:20AM PST
Long Tail

Nuclear Engineering reports the latest edition of  Uranium 2009, also known as the “Red Book”  has revealed that there is plenty of uranium. 
The total identified uranium resources are up 15% on 2007, but so are exploration costs, which have more than doubled despite the declining uranium market price (The uranium price has fallen from a high […]

Nuclear Engineering reports the latest edition of  Uranium 2009, also known as the “Red Book”  has revealed that there is plenty of uranium. 

The total identified uranium resources are up 15% on 2007, but so are exploration costs, which have more than doubled despite the declining uranium market price (The uranium price has fallen from a high of $137/lb U3O8 in mid-2007 to around $40/lb U3O8 today.)

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