More information about uranium minining

ByRod Adams

As mentioned in a previous Atomic Show, the uranium market is full of speculators and get rich quick opportunists.

The International Herald Tribune published a story on March 28, 2007 titled High price of uranium prods U.S. mines to life that gives some indications about the natural response from mining companies and independent explorers. A close read of the article will provide some feel for the productive capability within US borders that has remained dormant during the long hiatus in new nuclear plant construction.

The high current prices are having the exact effect that textbook economics says will happen with a dramatic rise in the price of a commodity – the suppliers recognize the opportunity and rapidly ramp up production to meet the demands.

Once again a warning – it is rarely a good time to buy a commodity or a commodity play in a situation where there has been a 900-1000% price increase over a five year period.

Rod Adams
Rod Adams

Rod Adams is Managing Partner of Nucleation Capital, a venture fund that invests in advanced nuclear, which provides affordable access to this clean energy sector to pronuclear and impact investors. Rod, a former submarine Engineer Officer and founder of Adams Atomic Engines, Inc., which was one of the earliest advanced nuclear ventures, is an atomic energy expert with small nuclear plant operating and design experience. He has engaged in technical, strategic, political, historic and financial analysis of the nuclear industry, its technology, regulation, and policies for several decades through Atomic Insights, both as its primary blogger and as host of The Atomic Show Podcast. Please click here to subscribe to the Atomic Show RSS feed. To join Rod's pronuclear network and receive his occasional newsletter, click here.

Similar Posts

  • President Kalam of India calls for huge nuclear power program

    ByRod Adams

    Dr. APJ Abdul Kalam, the President of India wants his government to back a plan to increase its nuclear power generating capacity from 2700 MW to 50,000 MW by the year 2030. He also called for an increased focus on the use of thorium since India owns about 30% of the world’s know supplies of…

  • Teaching Nuclear Science to bright, open-minded, questioning teenagers

    ByRod Adams

    Some of you might have been missing irregular, but frequent, updates here on Atomic Insights for the past few weeks. You may have wondered why most comment threads have been closed. You may have even noticed that the Twitter tool in the right hand column didn’t include any new tweets for days on end. I…

  • Apologies for the hiatus

    ByRod Adams

    Shane and I have missed you all the last couple of weeks. One week it was illness – it is hard to do an audio show with laryngitis – and then this week we had an operator error by the show’s producer – me. We had a great chat about uranium and the hazards of…

  • Al Gore and nuclear power

    ByRod Adams

    As I talk with other “nukes” at conferences, on the web and in other social circumstances, I often get into political discussions. I know – you are supposed to avoid politics, religion and sex in social circumstances, but I guess I never really accepted the idea that one should avoid all interesting topics as a…

  • The Atomic Vacation is over

    ByRod Adams

    I have returned from a wonderfully relaxing and informative trip. My wife and I took a cruise up the Rhine River from Basel, Switzerland to Amsterdam and saw a lot of quaint villages, castles and a whole bunch of industry, coal barges and power plants. Once I get out from under the pile of email,…