Thursday, July 19, 2007

The Uranium Juniors and Majors: A Symbiotic Relationship

By Katherine Young, ResourceX investor May 4, 2007 Fears about peak oil and the concept of uranium as a cleaner energy source have coupled in the industry’s collective imagination and forced the price of uranium to triple in the last year. On the supply side experts are alerting the public of shortages and many are saying that the uranium price will continue to climb as a result. With bio-energy solutions seen as being far-off in the future, uranium is being touted as nothing less than the solution to world’s energy and greenhouse gas problems. Consequently, the juniors are aggressively exploring for the next uranium ore body. But as uranium decays, it emits radiation. For that reason uranium mining is subject to the most stringent regulations of any mining indus View the rest of this article


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