Australian uranium industry “in crisis” says Paladin Energy boss
I wasn’t able to read this whole article, as I am not a registered reader. However, I’d bet that Mr Borschoff goes on to speak of the wonderful investment opportunities that must exist, seeing that the uranium price must now be at rock bottom. I mean – it can’t go further down – or can it?
I love the way the uranium lobby and Australia’s subservient mass media use the ever plunging uranium price as evidence of what a fine investment it must be – CM
Uranium industry facing volatility: Paladin MD John Borshoff BY:PAUL GARVEY , THE AUSTRALIAN, July 18, 2013 THE uranium industry is “in crisis” and faces years of uncertainty and volatility, mining veteran John Borshoff has warned.
Mr Borshoff, the managing director of Perth-based uranium miner Paladin Energy, told the Australian Uranium Conference in Fremantle yesterday that “absurdly low uranium prices” had halted the development of the new supplies …. (registered readers only) http://www.theaustralian.com.au/business/mining-energy/uranium-industry-facing-volatility-paladin-md-john-borshoff/story-e6frg9df-1226680989121
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