Cameco Corp (NYSE: CCJ) is the 800-pound gorilla of the uranium sector. Cameco is to uranium what Wal-Mart is to retailing, and what Saudi Aramco is to petroleum. On a percentage basis, Cameco dominates its sector more so than either of the two. Cameco probably has more clout in turning off the electricity now powering your computer than any other company in the world. This week, the spot price of uranium rose to $40/pound, for the first time since Ronald Reagan was presi...

There is a long tradition in France of militancy when it comes to jobs or anything that impinges on the rights of workers. It seems to me that this is probably the first step in trying to break the power the workers unions currently enjoy in France. Britain was in a similar situation in the 1980's with workers unions able to exert massive influence and control over the politics of the nation. Then came the now infamous 'Miners Strike' that changed the political landscape ...

The Gold and Silver Index (XAU) is holding steady above 120, having reached a high above 156 in January, a level it had not seen since September 18, 1987. The spot uranium price is higher than it?s been since January 1980. Crude oil? Filling up your gas tank should remind you that oil prices are still painfully high. So all of this must mean mining companies are thrilled with their good fortune? WRONG! There?s a snowballing crisis in the mining sector, which has been kept off...

Tanzanite is only found in one place in the entire world, in the foothills of Mt. Kilimanjaro...

Tanzanite is becoming increasingly difficult to find in the better grades and colors. Most of the material presently coming out of the ground is of much lower quality than what has been available for a fair price in the past. Suppliers have been pressed from all of their vendors to continue to maintain a firm line on price, yet continue to provide good color. Something had to give and that something was price.

We talked to North America?s leading In Situ Leach (ISL) uranium mining engineers, and had them explain exactly how ISL worked. Most of the significant ISL operations in the United States were designed and/or constructed by these engineers. They explained how ISL mining is really just reversing the process of Mother Nature. ?Blossom? is what underground uranium miners called the crystals forming on the tunnel walls. Because the ore was in contact with air inside an undergr...

We talked to North America?s leading In Situ Leach (ISL) uranium mining engineers, and had them explain exactly how ISL worked. Most of the significant ISL operations in the United States were designed and/or constructed by these engineers. They explained how ISL mining is really just reversing the process of Mother Nature. ISL EXTRACTION AND PROCESSING During ISL mining, water is pumped to the surface from production wells that contain uranium in very low concentration...