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Uranium, rare earths miners in doldrums

Posted on 15 July 2013

A few years ago, talking up a well-balanced portfolio of uranium and rare earth elements assets would have been a mouth-watering come-on for investors. Not now, of course.
You’ve got Toro Energy (TOE) with most of its ducks in a row including finance and government approvals to develop Western Australia’s first uranium mine. All except the rather important duck of a spot uranium price somewhere in the vicinity of $US70 a pound that would make the mine viable; it’s stuck with $US39.50/lb………………………………………..Full Article: Source


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VRS - who has written 47828 posts on Opalesque Commodities Briefing.


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