Uranium in the Land Down Under

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.”

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