Antinuclear

Uranium industry keeps up is myth about price rising

Fortune-telling thrives in the uranium/nuclear industry.

Faced with the facts of a glut of uranium, a failing commercial nuclear industry – what do they do?  Well – just predict a boom – just  alittle bit further on…..

Toro looks beyond uranium slump  THE AUSTRALIAN Stephen Bell  October 05, 2009  Article from: Dow Jones Newswires TORO Energy remains confident its $162 million Wiluna uranium project in Western Australia is economically viable, despite a sustained downturn in uranium prices…………..

Spot prices for the nuclear fuel fell last week to about $US42 ($48) a pound, down from a record high of $US136 in June 2007, prompting media speculation that many Australian uranium mining hopefuls would struggle.

October 5, 2009 - Posted by Christina Macpherson | AUSTRALIA - NATIONAL, spinbuster, uranium | antinuclear, Australia, nuclear, radioactive, uranium