nuclear-news

first nuclear, then uranium, shares tumble

Nuclear sell-off sweeps to uranium mining, Financial Times, By William MacNamara in London,  March 20 2011 The sell-off slamming the nuclear power industry has swept to uranium mining, the source of nuclear fuel, with a range of miners’ shares opening this morning at least 15 per cent lower than levels preceding the earthquake in Japan.
Shares in Cameco, the major Canadian uranium producer, have fallen 20 per cent since March 10 despite Jerry Grandey, chief executive, saying that the impact of the Japanese nuclear crisis on the company’s sales would be “minimal”….

March 22, 2011 - Posted by Christina Macpherson | business and costs, Uranium