| Why consider uranium as a red hot or
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| | becoming depleted faster and faster, with
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| white hot investment? Or think of uranium
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| | much of the present supply-unlike
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| investment for profit at all? Soaring
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| | uranium- located in politically reliable
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| demand for uranium, the worlds principal
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| | or volatile regions. Gas. We have coal
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| nuclear fuel-thats why.
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| | but its dirty and polluting.
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| About one sixth of the world's
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| | Enter uranium mines fuelling nuclear
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| electricity is already coming from 440
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| | power as a major alternative energy, the
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| existing nuclear reactors last year,
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| | uranium coming from within friendly
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| according to the World Nuclear
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| | nations such as Australia, Canada, the
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| Association. That doesnt sound a large
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| | US, Mexico and South Africa, and from new
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| proportion. But...
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| | uranium exploration and mines. There is
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| By 2050, scientists estimate the world
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| | also ongoing research into extracting
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| will need about 900 more nuclear power
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| | uranium from seawater, providing a
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| plants just to keep up with growing
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| | potentially limitless of alternative
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| energy requirements.A new nuclear station
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| | energy.
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| can use three times normal uranium
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| | Then there is cost.
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| requirement.
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| | In spite of high start up costs, nuclear
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| As a result, demand for uranium has been
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| | power is getting cheaper all the time.
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| outstripping supply since 2005. We cant
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| | Power generated via uranium is better
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| get enough out by uranium mining, so we
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| | and cheaper than coal, water, wind solar
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| are reprocessing old Russian nuclear war
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| | and fuel cells. A recent study showed
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| heads. Many countries are already buying
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| | that the next generation of nuclear power
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| uranium wherever they can.
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| | plants should be able to produce
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| Japan is holding years of uranium stocks.
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| | electricity at $ 55 per megawatt hour, as
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| China in particular- the new economic
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| | against an average rate of $50 per
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| powerhouse-has the cash and is buys
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| | megawatt hour at a coal plant. With
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| uranium wherever it can, presently
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| | further refinements, the nuclear power
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| buying up as much as it can of of the
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| | stations using uranium could produce it
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| uranium production within the worlds
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| | at about $44. That makes a uranium
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| largest uranium deposits in Australia.
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| | electricity than coal, without greenhouse
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| Global Warming
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| | ash and pollutants!
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| Since 1990, we have had the 11 hottest
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| | Uranium is therefore underpriced and has
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| global temperature years since records
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| | not nearly reached its old peak in
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| began in 1861. There is worldwide concern
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| | inflation-adjusted term.
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| about further production of greenhouse
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| | Through 2006, the uranium spot market
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| gases which will send climate change into
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| | price continually climbed by 99%, from
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| overdrive. Unfortunately, along with
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| | $36.25 to $72 per pound of uranium
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| cars, the largest producers of polluting
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| | oxide,(U3O8). Now it has begun to climb
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| gases are dirty coal burning power
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| | again and at $75 per pound, the uranium
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| stations. And the two biggest industrial
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| | price is now more than 10 times the
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| giants, the US and China- happen to be
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| | record low of $7 per pound in 2000.
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| the biggest polluters and builders of new
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| | Back in 1978, uranium prices peaked at
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| stations.
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| | $43.40 per pound (around $145 per pound
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| At the moment, most of the West is
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| | in today's dollars. That means uranium
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| antinuclear. However... a coal plant will
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| | prices could nearly DOUBLE and still not
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| produce up to 2.7 MILLION tonnes of
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| | surpass its old inflation-adjusted highs.
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| carbon dioxide and ash, but a nuclear
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| | Expect uranium prices to climb by the end
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| power station produces NO greenhouse
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| | of the year as uranium stocks deplete and
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| gases at all. Public opinion is likely to
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| | new contracts with suppliers are
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| swing towards any energy source that is
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| | negotiated.
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| carbon-neutral- another plus for uranium.
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| | Extra tips-Either invest in pure uranium
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| Even a supposed anti nuclear stronghold,
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| | mine companies or more safely,diversified
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| the former Soviet Republic of Belarus,
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| | industrial miners with big interests in
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| (worst hit by the Chernobyl nuclear
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| | uranium. Look for a firm with aggressive
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| disaster), is now opting to accelerate
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| | innovative exploration plans and well
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| its nuclear energy program, as an
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| | stocked with experienced uranium mining
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| alternative to expensive Russian natural
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| | engineers and geologists- they are rare
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| gas .Use of safer heavy water reactors is
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| | now, so many were laid off after the
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| also likely to allay public opposition to
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| | 1980s.
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| nuclear power
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| | Expect many merger agreements, so firms
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| Heres another factor in favour of
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| | may consolidate neighbouring uranium mine
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| uranium..
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| | claims and 'share' uranium mining
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| Availability
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| | experts.
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| In 2006, global oil demand continued
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| | Expect demand for uranium to reduce
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| growing and will grow this year. The
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| | regulation and bans on uranium
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| world used nearly 31 billion barrels for
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| | prospecting and mining.
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| the year, and the most used
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| | Check out uranium via uranium mining
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| ever,according to the International
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| | companies like Continental Precious
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| Energy Agency. What's more, world demand
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| | Minerals, Frontier Group Inc., Mega
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| is set to rise to nearer 31.5 billion
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| | Uranium, and Alberta Star Development And
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| barrels.
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| | don't forget established blue chip
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| Worldwide oil and gas reserves are
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| | uranium companies like Cameco.
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