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Uranium Prices Soar
Colorado May Cash In
POSTED: 1:39 pm MDT August 27,
2006
UPDATED: 1:45 pm MDT August 27,
2006
GRAND JUNCTION, Colo. -- The Cold War is over but demand for uranium is rising again.It could mean up to six mines open on the Colorado Plateau in Colorado and Utah.Roch Hochestein, president of International Uranium Corporation, said a nuclear renaissance is occurring worldwide.
Uranium prices have jumped from $7 a pound to $48, the highest prices seen since the Uranium rush of the 1950s.
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Copyright 2006 by TheDenverChannel.com. The Associated Press contributed to this report. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
