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    Uranium in the Land Down Under

    Melissa Pistilli
    Apr. 15, 2009 07:07AM PST
    Market News

    Uranium Investing News & U308.biz report uranium spot price at $40.50/lb shows positive light for uranium miners. “Uranium has done pretty well overall and certainly I think it’s a general feeling it will go back up,” says Ron Matthews, managing director of Cameco’s Kintyre project in Western Australia. “There’s a definite demand out there and …

    Uranium Investing News & U308.biz report uranium spot price at $40.50/lb shows positive light for uranium miners.

    “Uranium has done pretty well overall and certainly I think it’s a general feeling it will go back up,” says Ron Matthews, managing director of Cameco’s Kintyre project in Western Australia. “There’s a definite demand out there and people are actively looking for new sources of uranium as the world looks at nuclear power increasingly.”

    For complete story, click this link. Follow developments in resource mining and exploration for free. Sign on to The Resource Stock Watch.

     

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