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To wrap up the first quarter, Resource Investing News has assembled the uranium stories that generated the most buzz over the last three months.
Between the ongoing release of drill results from both Fission Uranium (TSX:FCU) and NexGen Energy (TSXV:NXE), the uranium mining ban in Queensland and the announcement of a merger between Energy Fuels (TSX:EFR,NYSE MKT:UUUU) and Uranerz Energy (TSX:URZ,NYSEMKT:URZ), there has been no shortage of positive news.
To wrap up the first quarter, Resource Investing News took a look at which uranium stories got the most buzz over the last three months. The most popular articles, listed below, are mostly focused on what analysts and company executives had to say about the current market situation and their thoughts on the future of the uranium space.
1. David Sadowski: A Bullish Future for Uranium
At the 2015 AME BC Mineral Exploration Roundup in January, David Sadowski, an analyst at Raymond James, shed some light on supply and demand fundamentals in the uranium space and provided investors with some insight on what to expect for the metal’s short- and long-term future. He also suggested that those looking to invest in the commodity should pay attention to activity in the Athabasca Basin, where companies like Fission Uranium and Denison Mines (TSX:DML,NYSEMKT:DNN) are operating. Click here to read the full story.
2. Analysts Expect Big Moves for Uranium Price
Usually accidents like the fire at Rio Tinto’s (ASX:RIO,NYSE:RIO,LSE:RIO) Rössing mine in Namibia or the electrical fault at BHP Billiton’s (ASX:BHP,NYSE:BHP,LSE:BLT) Olympic Dam in Australia would be considered a bad thing, but for this article Resource Investing News spoke with analysts that saw a positive side to these minor disasters. Analysts from both Raymond James and Cantor Fitzgerald predicted the accidents would cause the uranium spot price to make a big move. Click here to read the full story.
3. Cameco CEO Talks Uranium Market
At BMO’s 24th Annual Global Metals and Mining Conference in Florida, Tim Gitzel, CEO of Cameco (TSX:CCO,NYSE:CCJ), spoke about future uranium demand and explained that in order for the world to meet it, the equivalent of about three or four more Cigar Lake mines will need to come online within 10 years. Gitzel also touched on what reactor restarts in Japan could mean for the uranium market. Click here to read the full story.
4. Rob Chang on the Uranium Market for 2015
At the 2015 PDAC conference in Toronto, Resource Investing News had the chance to interview Cantor Fitzgerald Senior Analyst Rob Chang about what’s in store for the uranium space in 2015. Besides speaking about what Cantor Fitzgerald sees the uranium spot price averaging this year, Chang talked about which companies were on his radar. On the list were Ur-Energy (TSX:URE) and Uranium Energy (NYSEMKT:UEC). Click here to watch the full video interview.
5. PDAC 2015 Watch List: Uranium Companies Making Waves
This list was created to give investors some insight into which uranium companies would be attending PDAC. Companies featured on the list include CanAlaska Uranium (TSXV:CVV), Forum Uranium (TSXV:FDC), Macusani Yellowcake (TSXV:YEL) and Kivalliq Energy (TSXV:KIV). Click here to read the full list.
Securities Disclosure: I, Kristen Moran, hold no direct investment interest in any company mentioned in this article. ect investment interest in any company mentioned in this article.
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