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Uranium juniors defy bear market pricing

from Mining.com

Uranium is having the worst start to a year in a decade. Triuranium octoxide is down more than 20 percent in 2016 with the UxC broker average price sliding to $27.25 a pound on Monday. Current levels are the cheapest spot uranium has been since 2005. In contrast the long term price, where most uranium business is conducted, is hovering at around $44 a pound, where it's been since July 2015. more


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