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From today’s miningnew.net
THE market valuation of Australia’s listed uranium plays increased by 11% in March, despite the spot uranium price currently trading at 19% lower than the December 2008 price.
According to Resource Capital Research’s March quarter equity report on global uranium companies, the uranium spot price is currently $US42.50/lb, down from $52.50/lb at December 31, 2008.
This can be seen in this chart
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