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Ux   U3O8 Price

(The Ux Consulting Company, LLC)
 
Country Briefing
Historical Ux Price Chart
Historical Ux Month-end Spot Prices
Analysis of Uranium supply to 2050
Uranium Marketing Annual Report 2008
Domestic Uranium Production Report 1st Quarter 2009
Nuclear and Uranium Glossary
Uranium Markets March 2008
Supply of Uranium June 2008
World Uranium Mining June 2009
What is Uranium? How does it work?
Canada's Uranium Production & Nuclear Power

 
 
Uranium Mining Company Search

 Show all Uranium Production Company
 Show all Uranium Exploration Company
 
Uranium Mining Area Play
 Athabasca Basin, Saskatchewan, Canada
 Central Mineral Belt, Labrador, Canada
 Northwest Territories, Canada

News and Editorials
Jul 03 Solex Resources Corp. (SOX,TSXV) Announces Extension of Non-Brokered Private Placement Yahoo.com
Jul 03 Western Prospector Group Ltd. (WNP,TSXV) Announces Changes to Board of Directors and Officer Yahoo.com
Jul 02 Pinetree Capital Ltd. (PNP,TSX) Acquires Securities of 49 North Resource Fund Inc. Yahoo.com
Jul 02 Raytec (RAY,TSXV) Shareholders Re-Elect Directors Yahoo.com
Jul 02 Paladin Energy Ltd. (PDN,TSX) : Langer Heinrich Uranium Project, Namibia Yahoo.com
Jul 02 Energy Fuels (EFR,TSX) Announces Closing of Merger with Magnum Uranium Corp. (MM,TSXV) Yahoo.com
Jul 02 TradeTech Introduces Mid-Term Uranium Price Indicator Yahoo.com
Jun 30 Fission (FIS,TSXV) Drill Program Near Prominent Roughrider Zone Extension Step-Out Holes to Begin in August Yahoo.com
Jun 30 U3O8 Corp. (UWE,TSXV) Shareholders Approved All Matters at Annual & Special Meeting Yahoo.com
Jun 30 Matamec (MAT,TSXV) Announced Results on Channel Sampling on the Kipawa Rare Earth Elements-Yttrium-Zirconium Deposit on its Zeus property Yahoo.com
Jun 30 Denison Mines Corp. (DML,TSX) : Drilling at Wheeler River Intersects 55% eU3O8 Over 6.0 Metres and Extends High Grade Uranium Mineralization Yahoo.com
Jun 30 Macusani Yellowcake (YEL,TSXV) Completes Purchase of Additional Uranium Concessions on Macusani Plateau, Peru Yahoo.com
Jun 30 Paladin Energy Ltd. (PDN,TSX) : Langer Heinrich Uranium Project, Namibia Yahoo.com
Jun 30 Uranium found on the moon Space.com
Jun 30 Canada uranium mining industry analysis & forecasts to 2015 Pr-inside.com
Jun 29 Bayswater's (BAY,TSXV) Revised News Release on Tejana Mesa Property, New Mexico Yahoo.com
Jun 29 Pitchstone (PXP,TSXV) Begins Summer Drilling at Gumboot Yahoo.com
Jun 29 Uranium Bay (UBR,TSXV) 2009 Annual General Meeting Yahoo.com
Jun 29 Xemplar (XE,TSXV) Intersects U3O8 Mineralization Over 22 Metres at Big Yellow Yahoo.com
Jun 26 Altius Minerals Corp. (ALS,TSX) Reports Annual Net Earnings of $28.5 Million Yahoo.com
Jun 26 Quest (QUC,TSXV) Completes $1.5 Million Private Placement Yahoo.com
Jun 26 A big conspiracy theory about a little uranium Stuff.co.nz
Jun 25 CanAlaska Uranium Ltd.(CVV,TSXV) : Summer Exploration to Commence at Poplar Uranium Project Yahoo.com
Jun 25 Positive Preliminary Assessment for Tournigan's (TVC,TSXV) Kuriskova Uranium Deposit Yahoo.com
Jun 25 Conceptual Studies Commence on Formation Capital's (FCO,TSX) Virgin River Uranium Project Yahoo.com
Jun 25 Copper uranium and gold.......in that order Seekingalpha.com
Jun 24 Bayswater (BAY,TSXV) Provides Review of Land Position and Significant Results From 2008 Exploration Program, Central Mineral Belt, Labrador Yahoo.com
Jun 24 Hathor's (HAT,TSXV) Midwest NorthEast Drill Hole #131 Intercepts 13.5 metres of 9.64% U3O8 Yahoo.com
Jun 24 Mawson (MAW,TSX) stakes high grade sandstone-hosted uranium projects in Sweden Yahoo.com
Jun 24 Pinetree Capital Ltd. (PNP,TSX) Acquires Securities of Tinka Resources Ltd. Yahoo.com
Jun 24 Korean utility to acquire 17% of uranium miner Denison (DML,TSX) Mineweb.net
Jun 24 Namibia Uranium Mining Industry Analysis and Forecasts to 2015 Researchandmarkets.com
More>>
 

Uranium Stock Comparables
CompanySymbolStatus
CamecoCCOIn Production
DensionDMLIn Production
UrAsiaUUUIn Production
PaladinPDNIn Production
Energy MetalsEMCQ4/07
Ur-EnergyURE2008
ForsysFSYN/A
ToumiganTVCN/A
AuroraAXU2012
KhanKRIN/A
UEX Corp.UEXN/A
Source : Griffiths McBurney

Feature Presentation
The Athabasca Basin in Northern Saskatchewan hosts the world's largest and highest grade uranium deposits accounting for 1/3 of the global uranium supply, a figure which is expected to increase significantly by the end of the decade. The Basin has witnessed a rush in claim staking activity since 2004 due to the rise in the price of uranium to about US$40/lb (March 13, 2006). At present, there are more than 30 companies exploring for uranium in the Basin.
Full coverage of the Athabasca Basin

Uranium Sector Reports
by Resource Captial Research

Uranium Market Commentary
U3O8.biz : Jun 25, 2008 - Increasing global uranium demand - On Friday, industry consultant TradeTech LLC announced it had raised its weekly uranium spot price indicator by $3 to $55 per pound in step with what it calls "robust demand" in the uranium market. Since bottoming at its lowest level in over three years in April ($40 per pound), the price of yellow cake has been slowly but steadily rising as demand for energy commodities in general increases across the globe and utilities companies seek partnerships with uranium miners. "Uranium has moved up in line with energy commodities" over the last two months, said Glyn Lawcock, head of resources research at UBS AG in Sydney. "The price got beaten up earlier this year because people needed to generate cash, but things have calmed down." Despite recent gains, the spot price still remains 60 per cent below June 2007's record price of $138 per pound. .....
More>>
 
Facts (Source: Uranium Information Centre Ltd)
Over half of the world's production of uranium from mines is in Canada and Australia. Canada produces the largest share of uranium from mines (29% of world supply from mines), followed by Australia (21%).
Canada has two relatively new mines which have come into production: Cogema's McClean Lake mine started up in 1999 and is producing almost 3000 t/yr U3O8 (2550 tU). Cameco's McArthur River deposit has enormous high-grade reserves and has started supplying ore from its underground mine to the Key Lake mill, to produce about 8200 t/yr U3O8 (7000 tU).
Two more are ready to develop: Cameco's Cigar Lake underground mine will truck ore for treatment at McClean Lake and Rabbit Lake mills, 80 km away, to produce 8200 t/yr U3O8 (7000 tU). Cogema's Midwest mine will be underground, and this ore also is likely to be milled at McClean Lake nearby, to produce 2600 t/yr U3O8 (2200 tU).
Thus by about 2006, Canadian output could be substantially be concentrated at two mills: McClean Lake producing over 9000 tU and Key Lake 7000 tU per year, with about 2500 t/yr coming from Rabbit Lake. All this will be over half of projected world mine production. (See also UIC Briefing paper #3 on Canada.)
In Australia Beverley, a 1000 tU/yr ISL mine in South Australia, started up late in 2000. Two further mines are under development. A similar-sized ISL mine under development is Honeymoon. These are similar to those providing most US uranium. Jabiluka, NT, is to be a conventional underground mine, though its production will be phased in to match the decline of Ranger.
With the ISL mines plus Ranger and the expanded Olympic Dam, Australian uranium production is likely to reach some 9000 tonnes U per year. This will be almost a quarter of projected world mine production. (See also UIC Briefing paper #1 on Australia)

Primary Supply by Mine
MineCountryMain Owner Mine TypeProduction
(mm lbs)
%
World
McArthur RiverCanadaCameco Underground18.718%
RangerAustraliaRio Tinto Open Pit11.311%
Olympic DamAustraliaWMC Resources By-Product9.69%
RossingNamibiaRio Tinto Open Pit7.98%
McClean LakeCanadaCogema Open Pit6.06%
Rabbit LakeCanadaCameco Underground5.45%
AkoutaNigerCogema Underground5.25%
ArlitNigerCogema Open Pit3.33%
BeverlyAustraliaHeathgate Resources Insitu Leach2.42%
Vaal RiverSouth AfricaAnglogold Ashanti By-Product2.02%
Sub-Total    71.969%
World Total    104.7 
Source : World Nuclear Association, GMP

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