Articles Tagged "utility demand"

Global credit crunch drags down spot price..

Uranium Investing News and U308.biz reports the ongoing global markets uncertainty has further contributed to the fall in uranium spot price last week. Price publisher Ux Consulting reduced its uranium spot price estimate by US$2 to US$44 a pound U3O8. Analysts are now waiting for things to stabilize at a point where demand would be [...]

Spot prices fall but analysts bullish as utilities return to the market

Uranium Investing News & u3o8.biz reports uranium spot prices continue to drop even though Washington’s huge rescue plan of its financial service industry bail-out is in place, however a leading uranium price publisher says utility interest is returning to the market. Tradetech reports on its website that spot uranium prices were under downward pressure all last week, [...]

Uranium stocks soar

Uranium Investing News & u3o8.biz reports with recent market turmoil, Washington sends out a huge escue plan which fuelled huge gains across all the major boards. In an effort to end the worst banking crisis since the Great Depression, the U.S. Treasury plans to buy mortgage-related securities from any financial institution headquartered in the United States, a move [...]