From Yahoo Finance: The new NYMEX futures market will involve financially settled contracts that are separate from the physical uranium market. Traders won’t take possession of the commodity, but they can take title of it and receive exposure to its price. “We are excited to introduce uranium futures contracts and to provide the industry with [...]
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Wall St Catches Uranium Mania
After watching Uranium move from $40 to over $110 in the past year Goldman and others are starting to dediciate resources to the volatile metal. Soon even more people will be in the game with the introduction of uranium futures. It is not currently traded on an exchange and its price is hard to determine [...]
Uranium Above $100
See our previous post on the next boom commodity More uranium mine flooding has pushed the price over $100 a pound. Supply keeps going down as demand is rising: Last week, ERA, which is controlled by Rio Tinto, said production from its Ranger mine in the Northern Territory would fall between 25 per cent to [...]
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