Tag: uranium production

INN’s U3O8 Price Update: Q2 2018 in Review

By SightlineU3O8   Posted in Demand U
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U3O8 spot prices experienced growth in Q2, reversing a downward trend experienced in late 2017 and early 2018. Prices were at US$22.80 per pound as of June 30, up slightly from US$22.62 month-on-month, however during the quarter prices were up by as much as 15 percent. Despite improvement in the month over month trend, U308 …

Paladin to halt Langer Heinrich, expects uranium rebound in coming years

By SightlineU3O8   Posted in Known Reserves U
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Paladin Energy has confirmed that the Langer Heinrich uranium mine (LHM) in Namibia will be placed on care and maintenance. The company announced last month that it may take this move at Langer Heinrich in response to challenging market conditions, including low uranium prices. It has since received the consent of key stakeholders to make the care …