Uranium price ticks up after Niger coup, more gains expected

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Uranium price ticks up after Niger coup, more gains expected uranium nuclearenergy NigerCoup

LONDON - The price of uranium has risen only slightly since a military coup in Niger last week as mining operations have continued in the world's seventh largest producer of the radioactive metal, but a consultancy said prices may rise in coming weeks.

The price has doubled over the past three years, but is well down from a peak of $140 touched in 2007. Orano reiterated on Tuesday that operational activities continued despite plans by France to evacuate its citizens, saying 99% of its staff in the country were Nigerien nationals.

 

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