"I sort of approach it with some tepid enthusiasm from what I can see. We are hopefully going to see a couple of mining projects–predominantly in eastern Canada–that will come to fruition in the next quarter."
A fast-moving wildfire in northeastern Alberta has forced the evacuation of staff at two oil sands facilities representing over 7 percent of Alberta's oil production.
Uranium investors are being urged to exercise caution in the short term due to three events which could affect the prices of the nuclear fuel and the companies that mine it.