The uranium spot price is on the rise but not everyone is convinced it should be.
Another week, another slight rise in the uranium spot price despite some end of year selling.
A glance through the latest expert views and predictions about commodities with BA Merrill Lynch offering its picks for 2011, updates from commodity conferences and on nickel and PCI coal.
Industry consultant TradeTech reports spot market volumes for U3O8 have already surpassed last year’s with still a few more weeks to go in 2010.
A sudden surge in interest has seen uranium gain 16% in November to its highest price levels since August 2008.
In a quiet holiday-interrupted week for spot uranium, focus turned to the International Nuclear Symposium, held in China of course.
In a quieter week on the spot uranium market the price is now banging up against important resistance. Will it blow?
Suddenly all the world wants to talk uranium again after a long hiatus. The spot price was up again last week, but analysts are now debating potentially more significant moves.
Following a week of consolidation, the spot uranium price saw another big jump last week on significant demand.
Ahead of the Herd’s Rick Mills sees a bright future for uranium and for producer Uranerz in paricular.