Articles Tagged "uranium market"

United States Still Favors Nuclear Power

Uranium – According to the results of Gallup's annual Environment survey, conducted earlier this month, the majority of Americans continue to favor nuclear energy as a source of electricity for the United States. Since the inception of the survey, the range of support for the nuclear industry had ranged from a low of 46 percent in 2001 to a high of 62 percent in 2010.

Cameco Increases Hathor Offer to $625 million

Uranium – Uranium giant Cameco Corp raised its hostile takeover offer for Athabasca Basin uranium junior Hathor Exploration with an increased all-cash offer of $625 million, or $4.50 per share.

Uranium Prices Lower on Thin Volumes

Uranium – UxConsulting reported that “The spot uranium market continues to edge downward on price-sensitive demand. August is the height of the vacation season, giving buyers yet another reason to stay away from a market that has been languishing this summer as the implications of the Fukushima accident have set in.”