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Commodities Briefing - Categorized | Bullion/Gold, Metals and Minerals more

Is there synergy in going after both Uranium and Gold?

Posted on 12 August 2014

Simply put, there is a short-term supply problem in the uranium industry. We believe, however, in the long term, supply will not be able to keep up with demand growth. The point at which we previously expected demand to outstrip supply has been pushed out by a couple of years. That development has impacted the price in recent months, as well as Raymond James’ outlook for the price going forward.
The three main reasons for continued global growth of uranium mine production are the persistence of long-term fixed-price sales contracts, the intransigence of government producers who believe that security of supply is more important than mine economics, and byproduct uranium production. Secondary supply sources also remain robust……………………………………Full Article: Source


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VRS - who has written 36995 posts on Opalesque Commodities Briefing.


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