US miners ask Supreme Court to end uranium mining ban near Grand Canyon
The National Mining Association (NMA) and the American Exploration and Mining Association (AEMA) have filed petitions asking the court to reverse the 2012 ban.
Good news arrived last week for moribund uranium markets and miner Cameco after Japan approved what will be the first restarts of its dormant reactor fleet.
Near-term oversupply is suppressing uranium prices but there are signs of upside movement, says Colin Healey, research analyst with Haywood Securities.