Uranium Week: Politics Dominates

This story features BANNERMAN ENERGY LIMITED. For more info SHARE ANALYSIS: BMN

The uranium market remains in a state of uncertainty, awaiting geopolitical developments.

-Still no US sanctions of Russian uranium imports
-EU and others push nuclear power
-Spot price recovers slightly Geopolitical news continues to dominate the uranium market.Last week the Republic of Niger announced it intends to terminate its military cooperation agreement with the US, which has a large military base in Niger. It remains unclear if a withdrawal of US troops will be required by Niger, as the US military base is used to patrol a larger section of the Sahel region beyond Niger’s borders.Both Global Atomic Corp and GoviEx Uranium, which each operates a uranium project in Niger, released statements indicating this action would not hinder their ongoing mining efforts.In the US, Congress yet again passed an eleventh hour budget bill on Friday to stave […]

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