Uranium Update 14 April 2010

Uranium-Stocks.net reports an update on the uranium sector.

The spot price for uranium has been below what some companies say they need in order to advance their mining projects. Will the price rise in the months and years ahead? And, what are the opportunities for retail investors? BNN finds out with Geordie Mark, research analyst, Haywood Securities.

Canada is now the second largest producer of uranium, with Kazakhstan well and truly holding onto the top spot. For Cameco fans he also mentions Cigar Lake as reaching its maximum output in 2017 and the start of production being projected as 2013.

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