15.07.2013 - Uranium, rare earths miners in doldrums
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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