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.

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Name Last Change
DOW 26629.00 0.10%
S&P 500 2931.06 0.09%
NASDAQ 8121.49 0.01%
TSX 16645.41 0.14%
TSX-V 608.21 0.00%

Resource Commodities

Name Last Change
Gold 1274.34 0.25%
Silver 14.92 0.74%
Copper 2.90 2.900
Platinum 901.00 0.67%
Oil 66.30 1.13%
Natural Gas 2.45 2.81%
Uranium 25.63 0.97%
Zinc 1.27 0