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Posts Tagged ‘ Uranium Mining Stocks ’

BHP to Help China Find Uranium

Jun 14th, 2008 | By Contrarian Profits | Category: Featured, Financial News

As China looks to nuclear power for its future energy needs, China Guangdong Nuclear Power Group Co said it plans to team up with BHP Billiton Ltd., the world’s biggest mining company, for uranium exploration.

Last year, China’s uranium reserves came to more that 300,000 tons — enough to meet demand until 2030.

Jason Simpkins in Money Morning reckons one of the best alternative energy investments is in uranium mining stocks…



Vietnam Plans to Mine Uranium

Jun 2nd, 2008 | By Contrarian Profits | Category: Featured, Financial News

Vietnam has drawn up plans to mine local uranium for its first civilian nuclear power plant, which is expected to come online in 2020.

According to Bloomberg, the project aims to extract about 8,000 metric tons of uranium octaoxide from the central province of Quang Nam.

“If coal is the short-term solution to the world’s energy needs, uranium is the long-term play,” says Jason Simpkins in Money Morning.