Cameco halts conversion facility in Ontario
Canada’s Cameco (TSX: CCO; NYSE: CCJ), the world’s largest publicly traded uranium miner, is placing its plant at the Port Hope conversion facility in Ontario in a temporary safe shutdown…
Kazatomprom
Uranium holding companies offer alternative to producers
The uranium spot price has hovered around US$25 ($32.86) per lb. over the better part of the last year and long-term pricing is at the US$32 per lb. level. The…
Editorial: Global geopolitics sideswipe African uranium miners
The global uranium mining market in the 2010s took a hit from the Fukushima nuclear disaster in Japan in 2011 — which cut global uranium demand some 10% for many…
BMO launches coverage of Kazatomprom
BMO Capital Markets has initiated coverage of Kazakhstan-based uranium producer Kazatomprom (LON: KAP), with an outperform rating and a target price of $17 per share. The company recently listed about…
Editorial: Kazatomprom’s cuts and uranium’s rebound
What a difference a month makes. After an absolutely desultory past few years for uranium oxide prices — which saw the spot price of yellowcake hit 11-year lows of only…