Uranium Price Appears to Stabilize in the $90 to $95 Price Range

Source: Platts.com (8/28/07)

Both Ux Consulting and TradeTech said they are seeing indications of renewed buying interests at these levels, as well as signs that sellers are growing increasingly resistant to offer material at fixed prices below those levels.

The spot price of uranium appears to have settled for now in a range of $90 to $95/pound U3O8, according to Ux Consulting and TradeTech.

Both price-reporting companies said they are seeing indications of renewed buying interests at these levels, as well as signs that sellers are growing increasingly resistant to offer material at fixed prices below those levels.

If the price stabilizes, both companies said they expect buyer interest to increase. The rapid decline in the price over the past two months--from a high of $136 to $138 a pound at the end of June--left buyers hesitant to commit to a fixed price today if they believed the price was going to continue to fall.

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."