SXR Uranium One sees strong price, output growth

(Reuters) - Uranium One said on Monday it expected its output to grow significantly over the next few years to pip top producer Cameco Corp. by 2013 on current estimates.

Uranium One Chief Executive Neal Froneman said prices for uranium would also grow steadily and viewed the company's production profile as healthy, and well distributed globally with output from Kazakhstan, South Africa and the United States.


Read more at Reuters Africa

Australia's S&P/ASX 200 Drops for Fifth Day, Led by BHP, Woodside, Paladin

(Bloomberg) -- Australia's S&P/ASX 200 Index fell for
a fifth day, its longest losing streak since March. BHP Billiton
Ltd. and Woodside Petroleum Ltd. led resources shares lower after
prices of commodities including copper, zinc and oil dropped.

Uranium producers Energy Resources of Australia Ltd. and
Paladin Resources Ltd. declined on concern prices of the nuclear
fuel may have peaked.


Read more at Bloomberg Stocks News