Uranium - Bull market sustained
www.kitcometals.com reports that in the week to 20th November the spot uranium oxide price rose two and a half US cents per pound ($/lb.) to $25.50/lb. This builds on the previous week’s jump, such that since the last Kitcometals pricing point, the spot price is actually up $5.75/lb. These moves masks a big jump post the cutback in production announcement by Canadian major Cameco (CCO-TSX/CCJ-NYSE), a pull back and a subsequent recovery.Rambler Metals and Mining is engaged in the development, mining and exploration of the Ming Copper-Gold Mine located in Newfoundland and Labrador and the exploration and development of other properties within the immediate area.
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