The Conversation (0)
Wyo. uranium industry bullish amid rising prices
Jan. 07, 2011 10:32AM PST
Long TailAP reports the uranium sector is bullish with a rise in uranium spot price in the recent weeks.
AP reports the uranium sector is bullish with a rise in uranium spot price in the recent weeks.
The market news is quoted as saying:
Companies touted plans to mine more uranium in Wyoming during a Wyoming Mining Association news conference Thursday.
“I think uranium will be here to stay,” said the association’s assistant director, Lynn Welker.
Titan Uranium USA Inc. said it planned to open a combination surface-underground uranium mine in Wyoming. Meanwhile, the top U.S. miner of uranium, Cameco Resources, said it planned to double uranium production in Wyoming by 2018.
Click here to access the entire news.