Uranium Prices See Largest Weekly Dip

Source: Seeking Alpha (7/29/07)

While TradeTech's uranium spot price indicator remained at US$129 per pound as of July 20, after falling for the three consecutive weeks prior due to less interest from buyers, fellow market monitor Ux Consulting reported a US$10 dip to US$120 last week.

While long-term uranium prices for both groups remain at US$95 per pound, UxC's move represents the largest ever single week drop in weekly prices, RBC Capital Markets analyst Adam Schatzker said in a note to clients. Prices have fallen US$16 this month, or nearly 12%, after averaging a 11% monthly gain during the past 10 months, he added, citing the UxC report.

Announcing Streetwise Live! Events
Source: Streetwise Reports (07/13/2020)

Streetwise Reports is offering 100 investors—at no charge—the opportunity to meet via Zoom with executives of precious metals companies as they discuss recent developments at their companies and upcoming catalysts.

"China's export quota could be opportunity for Canadian miners"

Mexico: Gold's Next Powerhouse Player
Source: Marc Davis, BNW News (11/03/2009)

As the world's key gold producing nations struggle mostly in vain to replenish dwindling below-ground supplies, Mexico is bucking the trend in a big way.

Where Have All the Gold Mines Gone?
Source: Brent Cook, Exploration Insights (04/14/2009)

Given the declining global gold production, mining companies’ demand for reserve replacement and the acute dearth of new gold discoveries, there is no doubt that real economic discoveries will be exceptionally valuable. . .the opportunity for stellar profits is the best it has probably ever been. Identifying the few successes, however, will require vigilant and constant technical assessment of geology and drill results, always with an eye to mine economics.

Congo Completes Mining Review, Says Majors Quit Talks
Source: Reuters (12/20/2008)

"Review process is extended an additional 45 days to allow six companies to return to the negotiating table for direct talks with government ministers."