Call it investing through the looking glass or sympathetic fallacy, the temperature and mood at PDAC 2010 could not have been more different than last year’s convention. An increase in the number of attendants, the weather outside and the mood of the market combined to create a great sense of optimism among this year’s participants.
In last week’s Throne Speech, the Harper government laid out plans to liberalize foreign investment in the Canadian uranium industry in an effort to fire up mining activity.
2010 is expected to be a strong year for mining in B.C. Growing resource demand from Asian markets is likely to fuel a recovery in B.C.’s mineral exploration sector in terms of both buyers for supply and investment.
Mineral exploration expenditures in British Columbia fell victim to the global credit crisis in 2009, dropping 58 per [...]
Uranium Investing News & U308.biz report uranium spot price in the short term has fallen $2.50 to $42 per pound U308 continuing its three month downtrend.
However, some analysts point out that although these fears are influencing the short-term price, long-term prices have not been affected because strong fundamentals in the uranium market as a whole remain in [...]
Silver Investing News reports Aquiline Resources Inc. is an exploration and development company advancing one of the world’s largest undeveloped silver deposits (Navidad) as well as a gold deposit (Calcatreu), both in Argentina and a gold deposit in Peru (Pico Machay).
What We Like About Aquiline Resources!
632 million ounces silver measured and indicated
119 million ounces silver inferred
Expanding [...]
Uranium Investing News & U308.biz report the recent uranium spot price change by TradeTech and Ux Consulting.
The World Nuclear Association anticipates uranium demand to rise from the current 65,000 tonnes a year to 74,000 tonnes by 2015.
“With the nuclear drive worldwide, demand is expected to spike,” said Deutsche Securities Inc. analyst, Tomohiro Jikihara. “Securing the [...]
Uranium Investing News and U308.biz report on the global uranium supply and the recent scandal with Kazakhstan and Uranium One.
Rumors are circulating that political motivations are behind Dzhakishev’s arrest. Some question how Dzhakishev could have stolen “more than 60 per cent of state uranium deposits worth tens of billions of dollars,” as the KNB claims, [...]
Uranium Investing News & U308.biz report the recent impact on Uranium One’s share value due to the political risk in Kazakhstan.
If you follow the uranium market, then you’re probably aware of the recent pressure placed on Uranium One’s (TSX: UUU) share price after reports started circulating last week that its joint venture property in Kazakhstan may be a [...]
Uranium Investing News and U308.biz report uranium price making a comeback after a big fall last year.
According to TradeTech, the price spiked a solid $4 to US$49 per pound last week. Today, another industry consultant, UxC is reporting a spot price of $51 per pound.
TradeTech also reported “robust” buying interest responsible for 2.5 million pounds [...]
Uranium Investing News & U308.biz report on uranium top performance stocks.
Mineweb’s recent selection of 100 of the world’s best performing mining stocks, which Barry Sergeant notes is “vastly outperforming any other known grouping of equities,” is proof positive that the mining industry is primed for a comeback. The listed stocks have shown a weighted average gain [...]
Thursday, March 11, 2010
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