Long term uranium market fundamentals remain strong, despite worries over what Japan will do with 53 of its 54 nuclear reactors, which are currently rest shut down for maintenance or safety reviews, says Australian research group, Resource Capital Research (RCR).
Uranium Energy Corp ("UEC" or the "Company") (nyse-amex:UEC) and CUE Resources Ltd. ("CUE")CA:CUE 0.00% are pleased to announce that UEC's acquisition of CUE by way of a plan of arrangement (the "Transaction") has closed, effective at 12:01 am on March 30, 2012.
Harmony Gold Mining (NYSE:HMY) traded today at a new 52-week low of $10.58. So far today approximately 1 million shares have been exchanged, as compared to an average 30-day volume of 2.1 million shares.
The Canadian finance minister delivered a budget for the resource sector, promising faster project approvals and changes to immigration to increase manpower, while enviromental groups will receive closer scrutiny from the Canadian Revenue Agency.