Uranium rise: Bannerman aims for positive investment decision in Namibia
Is yellowcake set for another price spike as seen in 2007, which saw it reach a record $140.75 per pound?
26/01/2023 at 16h54, by Africa Business+
The tensions in the world energy market due to the war in Ukraine, combined with the imperatives of the energy transition, has increased the price of uranium oxide in recent months. In December 2022, the price ended the year at $48/lb, an increase of 12% over the year and +42% compared to 2021.
Recommended articles
Energy
26/08/2022 at 17h26, by Africa Business+
Paladin Energy bets on rising futures in the international uranium market
The Australian yellowcake producer continued to negotiate new sales agreements with various utilities...
Mines
05/07/2022 at 17h45, by Africa Business+
Power Metal Resources PLC secures uranium exploration licence in Togo
The British company is embarking on a new activity in West Africa.
Mines
23/11/2021 at 17h57, by Africa Business+
Paladin negotiates with CNNC and other off-takers as uranium price recovers
The Australian owner of the Langer Heinrich uranium mine in Namibia needs to secure off-take agreements...
Mines
24/03/2021 at 17h34, by Africa Business+
Namibia: Paladin recapitalises to reopen uranium mine
The Australian group, supported by China National Nuclear Corp (CNNC), has raised nearly $170 million...
Mines
04/12/2020 at 15h47, by Africa Business+
Govind Friedland’s Goviex Uranium to begin discussions with buyers and lenders in 2021
The son of Ivanhoe Mines boss Robert Friedland sees the increased price of uranium as the ideal moment...