Uranium’s Perfect Storm Is Brewing

The stars are aligned for uranium prices, said Blake Steele, president and CEO of Azarga Uranium.

“I think you’ve got a bit of a perfect storm brewing here. You’ve got the demand pressures coming out of China. You’ve got Japanese restarts. You’ve got nine reactors restarting in Japan,” Steele told Kitco News on the sidelines of the Swiss Mining Institute Conference in Geneva.

Subscribe to the RSD email list and get the latest resource stock activity directly to your inbox, for free.

Part of the Stock Digest family of websites

Small Cap Stock Digest



Name Last Change
DOW 25985.50 0.52%
S&P 500 2788.10 0.47%
NASDAQ 7513.22 0.71%
TSX 16047.88 0.29%
TSX-V 622.96 0.00%

Resource Commodities

Name Last Change
Gold 1330.49 0.53%
Silver 15.96 0.94%
Copper 2.90 0.030
Platinum 844.00 1.97%
Oil 56.96 0.35%
Natural Gas 2.70 2.26%
Uranium 28.70 0.00%
Zinc 1.22 0.00%