Uranium – Virginia Uranium Inc. values the Virginia ore deposit to potentially be worth $8 billion to $10 billion. The company maintains the mining can be done safely, and provide hundreds of jobs in an economically depressed area of the state.
Uranium – Italy is the largest importer of electricity in the world with the majority of its sources located in Switzerland and France. The successful integration of an increased domestic nuclear infrastructure will help the country achieve its objectives with regards to security of supply, carbon reductions and price competitiveness.
Uranium – This year may become a record breaking year for spot volume as only one other year, 1990, has seen this level of activity. The uranium spot market price is $61.75 per pound, up 29 percent from the $48.00 range in September and an increase of nearly 52 percent from $40.75 range in June. The spot price reached a recent low of $40.50 March 2010.
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