Will Trump's Focus on Energy Security Boost U.S. Uranium Mining?

SUGAR LAND--February 27, 2017--Written by John Egan for Industrial Info Resources (Sugar Land, Texas)--Uranium spot prices have shot up about 49% over the last three months to a recent price of $26.50 per pound, compared with $17.75 per pound last December, a uranium mining executive told the Colorado Mining Association's 119th National Western Mining Conference & Exhibition last week in Denver. There are reasons to think this price jump could be the beginning of a long-awaited recovery in uranium mining, according to Mark Chalmers, chief operating officer for Energy Fuels Resources Incorporated (Lakewood, Colorado). Within this article: A variety of insights into how uranium could fare over the coming years, including the many other hurdles that could keep this long-depressed sector from fully flourishing.