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Uranium Prices Soar

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The Cold War is over but demand for uranium is rising again, according to a recent report on TheDenverChannel.com.

The Cold War is over but demand for uranium is rising again, according to a recent report on TheDenverChannel.com.

It could mean up to six mines open on the Colorado Plateau in Colorado and Utah.

Roch Hochestein, president of International Uranium Corporation, said a nuclear renaissance is occurring worldwide.

Uranium prices have jumped from $7 a pound to $48, the highest prices seen since the Uranium rush of the 1950s.

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