News You Can Use for Thursday
Uranium prices fall again after steady week Uranium spot prices returned to their downward trend last week, dipping another US$6 to US$123 per pound, after holding steady the previous week, TradeTech said in the July 27 issue of Nuclear Market Review.
But some say the market may be ready for an upswing ...
"Not surprisingly, with the downturn in the spot U3O8 market, uranium stock shares are also down. However, some suggest this may be time for the bull to emerge again in the uranium market."
And some good stats HERE as well.
Also ...
Energy Bill Aids Expansion of Atomic Power A one-sentence provision buried in the Senate’s recently passed energy bill, inserted without debate at the urging of the nuclear power industry, could make builders of new nuclear plants eligible for tens of billions of dollars in government loan guarantees.
Could the Moon help power Earth? Some scientists are taking a closer look at the moon and see a shining new opportunity.
In other news ...
Stocks in Sydney Rally From Biggest Loss in Six Years, Led by BHP Billiton Australia's S&P/ASX 200 Index rebounded from its biggest loss in almost six years, led by BHP Billiton Ltd. after U.S. markets reversed losses as concern eased the country's subprime mortgage losses are spreading.
Russian Explorers Reach Polar Seabed in Bid to Claim Natural Resources Russian explorers reached the seabed under the North Pole in a bid to claim natural resources before countries including the U.S. and Canada.
Copper Futures Climb After Rebound in Equities; Zinc, Aluminum Advance Copper futures in Asia rose as Asian equity markets showed signs of stabilizing after declines yesterday prompted selling in metals and other commodities to cover losses and reduce risks.
OPEC Posts Record 06 Oil Revenue; Lags Western Companies by Half In an indication as to why it may be keeping a tight rope on future production capacity, the report showed OPEC's base of economically recoverable oil reserves last year was flat if new, higher estimates from troubled OPEC producer Venezuela are stripped out, the worst growth in this key metric in recent years.
But some say the market may be ready for an upswing ...
"Not surprisingly, with the downturn in the spot U3O8 market, uranium stock shares are also down. However, some suggest this may be time for the bull to emerge again in the uranium market."
And some good stats HERE as well.
Also ...
Energy Bill Aids Expansion of Atomic Power A one-sentence provision buried in the Senate’s recently passed energy bill, inserted without debate at the urging of the nuclear power industry, could make builders of new nuclear plants eligible for tens of billions of dollars in government loan guarantees.
Could the Moon help power Earth? Some scientists are taking a closer look at the moon and see a shining new opportunity.
In other news ...
Stocks in Sydney Rally From Biggest Loss in Six Years, Led by BHP Billiton Australia's S&P/ASX 200 Index rebounded from its biggest loss in almost six years, led by BHP Billiton Ltd. after U.S. markets reversed losses as concern eased the country's subprime mortgage losses are spreading.
Russian Explorers Reach Polar Seabed in Bid to Claim Natural Resources Russian explorers reached the seabed under the North Pole in a bid to claim natural resources before countries including the U.S. and Canada.
Copper Futures Climb After Rebound in Equities; Zinc, Aluminum Advance Copper futures in Asia rose as Asian equity markets showed signs of stabilizing after declines yesterday prompted selling in metals and other commodities to cover losses and reduce risks.
OPEC Posts Record 06 Oil Revenue; Lags Western Companies by Half In an indication as to why it may be keeping a tight rope on future production capacity, the report showed OPEC's base of economically recoverable oil reserves last year was flat if new, higher estimates from troubled OPEC producer Venezuela are stripped out, the worst growth in this key metric in recent years.
Labels: commodity supercycle, copper, crude oil, uranium
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posted by Sean Brodrick @ 8:23 AM
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