Despite Price Surge, Russia’s Uranium Industry Faces Threats to Profitability
Prices for uranium are skyrocketing as governments ramp up efforts to reach climate goals, while new U.S. sanctions on Russia are sparking a push for North American uranium production. The Biden administration’s decision to sanction Russia for its invasion of Ukraine has put a spotlight on the critical need for the U.S. to reduce its […]
This Week’s Top Stories: Uranium’s East/West Divide Intensifies, Central Banks Consider Gold
Gold prices experienced a rollercoaster ride this week, hitting a high of US$2,366 per ounce before settling back down to US$2,325 on Friday morning. The fluctuation came as US jobless claims dropped by 5,000 and single-family housing starts fell by 5.2 percent in May, sparking expectations of an interest rate cut in the fall. Central […]