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NY Times reports uranium spot market surging and capturing market attention.
NY Times reports uranium spot market surging and capturing market attention.
The top story is quoted as saying:
Uranium industry insiders were caught off guard by a deep run-up in spot market prices, which are now about $58 a pound, up sharply from the low $40s in the summer. “We all knew it was going to happen,” says Ron F. Hochstein, the president and chief executive of the Denison Mines Corporation. “We just didn’t anticipate it would happen this year.”
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