An example of what's going on in the world affecting us is the rise in the global
uranium spot prices - the price per pound of uranium used in nuclear power plants - and how it relates to work we do, especially regarding proposed uranium mining in New Mexico (pages 8 - 9).
Not exact matches
An example is
uranium with the
spot price recently rallying by close to 30 % while most
uranium companies remain stuck in neutral.
Another metal is
uranium, with the current
spot price of $ 31.63 per pound (as of August 21, 2014).
Perhaps the most obvious answer to the uptick in
uranium prices lies simply in the actions of
uranium producing companies to bolster their balance sheets and remain profitable in the low
spot and term
price environments.
Hard rock deposits by and large are not economic at current
spot (or term)
uranium prices, so if you see
uranium at $ 75 or $ 80 per pound in the coming years (I don't), purchasing shares in hard rock
uranium development companies could lead to gains.
The jump is in the
spot market
price for
uranium oxide, which is also known as «yellowcake,» the form of
uranium produced at
uranium mills and in situ mines.