Uranium Stocks Suffer...Again

Source: Mineweb.com (1/29/08)

Spot uranium prices came under substantial pressure on Tuesday, as reported by Tullet Prebon, an inter-dealer broker that operates across 18 countries. At the same time, widely followed uranium specialists Ux Consulting published a weaker spot uranium price of $78/lb, down by $8 from last week.

According to trade reports, physical offers have been put up for February and March 2008 in all three holding areas - the US, Europe and Canada - with prices below $80/lb in two of the areas. According to market players, one of the sellers has entered the market with "hundreds of tons" of material (each 100 tons equates to more than 220,000 pounds of uranium oxide).

It is said that there are no speculative funds or hedge funds on the Tullet Prebon screen at this time. According to one dealer, "it looks like the spot price may test the $75/lb level again before potentially rebounding toward the end of this quarter".

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."