25.11.2008 - Uranium price, trading rise for fourth week as output curbed
From Bloomberg: Uranium gained for a fourth week, the longest winning streak this year, as producers curb development of mines and utilities bought on concern prices will keep rising. Uranium-oxide concentrate for immediate delivery rose $2 to $55 a pound, Denver-based pricing service TradeTech LLC said in a report Nov. 21. Weekly demand totaled 6.5 million pounds, about 2 million pounds more than supply. Last week saw nine deals for 1.4 million pounds, 8 percent more than the previous week..... Full Article: Source
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