Uranium Continues To Inch Up

Uranium Investing

Ninemsn reports spot uranium continues to rise with sellers meeting with buyers.
Four spot transactions were noted for the week for a total of 600,000lbs of U3O8. This was down from a million pounds last week but prices paid had TradeTech ratcheting up its weekly spot price indicator by US75c to US$42.00/lb. Buying interest is currently […]

Ninemsn reports spot uranium continues to rise with sellers meeting with buyers.

Four spot transactions were noted for the week for a total of 600,000lbs of U3O8. This was down from a million pounds last week but prices paid had TradeTech ratcheting up its weekly spot price indicator by US75c to US$42.00/lb. Buying interest is currently diverse, the consultant notes, covering utilities, producers and intermediaries. Aside from actual transactions there has been an increase in buying interest as yet unsatisfied.

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