Archive for the ‘articles’ category

Nuclear Power Investing – Uranium Stocks Have Bright Future

December 3rd, 2011

Nuclear energy has been one of the most heavily debated forms of energy in the United States. However, despite many difficulties and setbacks in the past, this energy source is positioned to make a major comeback and develop itself as a major source for energy. As nuclear energy develops and grows, so will the opportunities for a stock market investors in this niche of the energy sector.

President Obama and the current administration are highly motivated to make the transition from traditional sources of energy, such as natural gas and coal, to nuclear. As they do this, investors will shift their attention towards uranium. Uranium plays an essential role in the production of nuclear energy because it is the key ingredient in the process of nuclear fission.

Nuclear energy does have its downsides. It can be very high risk, and has developed a dangerous reputation due to the disasters, Three Mile Island and Chernobyl. A major problem also arises with the storage of nuclear waste, which is an issue that can take a lot of space and money to resolve. While these issues may have scared away investors in the past, with careful implementation and exercise, these risks can be greatly minimized. » Read more: Nuclear Power Investing – Uranium Stocks Have Bright Future

Niger Rebels Pressure Uranium Mining, Possibly Price

December 3rd, 2011

The next potential squeeze on uranium supply could come from terrorism, not nature.

The world’s seventh and eighth uranium producing mines are found in the Republic of Niger the underground Akouta and the open pit Arlit. Together, they produced 3434 tonnes of uranium in 2006, according to the World Nuclear Association. This accounted for more than eight percent of the world’s mining production last year.

How badly would this impact a tight uranium market if either of the Niger mines stopped producing

A Paris-based spokesman for the Niger Movement for Justice (MNJ) Seydou Kaocen Maiga told reporters this weekend, This region has been declared a war zone by the government and in this situation we cannot allow the Chinese to continue extracting natural resources while civilians are being killed.

He had made this statement after Tuareg and other nomadic tribes, led by the highly trained militant Aghaly ag Alambo, kidnapped China Nuclear International Uranium (Sino-U) deputy general manager Zhang Guohua. The kidnapping took place near Ingall, an area which is currently being heavily prospected for uranium deposits, and which we discussed nearly 15 months ago. » Read more: Niger Rebels Pressure Uranium Mining, Possibly Price