Uranium price jumps to 15-year high as top miner flags shortfall
Uranium prices jumped on Friday to an almost 15-year high after the world’s largest producer, Kazakhstan’s Kazatomprom (LON: KAP), warned it’s likely to fall short of its output targets over the next two years.
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Uranium price edges higher after Niger coup, further gains anticipated
Mining News Pro - In the aftermath of Niger’s recent military coup against President Mohamed Bazoum, uranium prices have experienced a slight increase, with some analysts predicting more significant gains in the future.
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Uranium price showing resilience relative to other commodities
Mining News Pro - The U3O8 uranium spot price fell slightly from $50.85 to $50.70 in March and remains up 4.93% year-to-date as of March 31, 2023, showing strength relative to other commodities, which declined 6.47% YTD (as measured by the BCOM Index), Sprott Asset Management said in its latest uranium report.
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Kazatomprom raises revenue guidance as uranium price surges
Mining News Pro - Kazakhstan-focused uranium miner Kazatomprom raised its 2022 revenue guidance, as geopolitical tensions and discussion of new nuclear projects spur higher prices.
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Uranium price spikes over Russia supply fears
Mining News Pro - The uranium spot price surged more than 10% on Wednesday closing in on $60 a pound after media reports that the Biden administration is considering imposing sanctions on Russia’s state-owned atomic energy company, Rosatom.
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Uranium price surges as unrest grips world’s top supplier Kazakhstan
Mining News Pro - Uranium prices jumped as Kazakhstan, the world’s largest producer of the radioactive metal, struggles to cope with deadly protests that pose the biggest challenge to the country’s leadership in decades.
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Uranium price rally is a high-stakes bet on future of nuclear power
Mining News Pro - After languishing at historical lows for the better part of the last decade, uranium suddenly came back from the dead.
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Uranium price hits highest level since 2015 as Sprott buys up physical supply
Mining News Pro - The uranium price has surged to the highest level since 2015 due in part to a single fund aggressively cornering the physical market.
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Cameco Cigar Lake restart to put pressure on uranium price
Mining News Pro - Cameco plans to restart production this month at its Cigar Lake uranium mine in northern Saskatchewan.
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Stars are aligning for uranium price rally
Mining News Pro - The uranium market is emerging from years in the doldrums as the overhang from the nuclear disaster in Japan is cleared and global demand picks up steam.
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Uranium price: best performer of 2018 set for more gains
Mining News Pro - The rally in uranium prices, which began in April this year amid production cutbacks in Kazakhstan and Canada, is set to continue as inventories of the nuclear material decline for the first time in nearly a decade.
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