"Everything depends on the pace of nuclear energy development. Uranium fans have reason to rejoice - Uranium fans have reason to rejoice - While uranium prices did not cause any leaps of joy for many years, things are looking much better for the… 12/28/2020 Gold and silver super cycle - The consequences of the money printing and stimulus packages will continue to have an effect for a long time. The price of uranium continues to climb, thanks to production cuts by major providers like Cameco (TSX:CCO) and Kazatomprom (LSE:KAP).It is becoming a more interesting market for sophisticated investors, as projected demand for uranium around the world is expected to increase just as production starts to drop, contributing to a potential supply squeeze. In November 2020, the global per pound price for uranium stood at 29.486 U.S. dollars, up from 24.988 U.S. dollars one year before. Maurice Jackson: The uranium spot price has had a steady increase in price from the lows of $19/pound back in 2017. Uranium is having a moment in 2020, climbing a third in six weeks while much of the commodities universe melts down. ... CRU Economics ran its fourth annual survey to gauge our clients’ expectations of economic conditions for 2020. There is no stopping the slide in spot uranium, or so it appears, with industry consultant TradeTech’s spot price indicator losing a further -US25c to US$24.60 during the week ending January 10, 2020. Two-part question: What is the probability that we may see the uranium price potentially reaching the highs that we saw back in 2007? Could uranium be 2020’s breakout metal after years of utter destruction? LONDON (Sputnik) — The current slump in global uranium prices may rebound after 2020 depending on investment in the nuclear power industry, the Russian ARMZ Uranium Holding company's Deputy Director General for Strategy and Business Development Marina Liborakina said Friday. Guest(s): Amir Adnani, CEO, UEC . It was one week ago when we wrote about the uranium market: Uranium Price Explodes, Is This A New Bull Market. Maurice Jackson: The uranium spot price has had a steady increase in price from the lows of $19/pound back in 2017. Weekly Reports | May 05 2020. The World Nuclear Association projects a 30% increase in electricity generation from nuclear power by 2030 and a 35% increase by 2035.These trends bode well for uranium prices. Rick Rule, President and CEO Sprott US Holdings Inc has been pushing uranium since 2018 and feels the price will rise further. Such fears have been roundly dismissed by experts. Because of the COVID-related disruption, uranium production in 2020 could fall as low as 45,000 tU, leaving a shortfall of 33% which again has to be filled from inventories and secondary supplies. "We expect prices to increase gradually through mid-2020s into the $35-40/lb range, from circa-$30/lb currently, supported by the uranium cost curve," RBC said. Most new mine supply that could come online in the next cycle requires a base price of $55 per pound. This is the equivalent of 8 per cent of global supply. At the beginning of 2020, two conventional uranium mills - Shootaring Canyon Uranium Mill in Utah and Sweetwater Uranium Project in Wyoming - … Uranium Giant Cameco Shuts Plants, 2020 Outlook Uncertain Cameco's production cuts may add to the euphoria in uranium prices, but it could hurt the company. 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