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By Rose Ragsdale
For Mining News 

Uranium shows new signs of life

Explorers return to Nunavut to seek new deposits, expand known resources, while markets recover on stronger demand for yellowcake

 

Last updated 8/28/2011 at Noon



Five months after the devastating blow dealt to uranium markets by the earthquake and tsunami that damaged Tokyo Electric Power Co.'s Fukushima Dai-Ichi power station in March, global markets are showing signs of life as miners in Nunavut report encouraging drill results and exploration activity.

Uranium spot prices remain depressed by Japan's ongoing nuclear crisis - down 24 percent since the...



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