Uranium Is So Important Moving Forward

Uranium is so important moving forward.

Uranium ore deposits are economically recoverable concentrations of uranium within the Earth's crust. Uranium is one of the more common elements in the Earth's crust, some 40 times more common than silver and 500 times more common than gold.[1] It can be found almost everywhere in rock, soil, rivers, and oceans.[2] The challenge is to find those areas where the concentrations are adequate to form an economically viable deposit.

Globally, the distribution of uranium ore deposits is widespread on all continents, with the largest deposits found in Australia, Kazakhstan, and Canada. To date, high-grade deposits are only found in the Athabasca Basin region of Canada.

Uranium deposits are generally classified based on host rocks, structural setting, and mineralogy of the deposit. The most widely used classification scheme was developed by the International Atomic Energy Agency (IAEA) and subdivides deposits into 15 categories.

visit : http://en.wikipedia.org/wiki/Uranium_ore

Uranium Mining Overview

updated May 2012

In the last sixty years uranium has become one of the world’s most important energy minerals. 

 It is mined and concentrated similarly to many other metals.

 While uranium is used almost entirely for making electricity, a small proportion is used for the important task of producing medical isotopes. Some is also used in marine propulsion, especially naval.

Uranium is a naturally occurring element with an average concentration of 2.8 parts per million in the Earth's crust. Traces of it occur almost everywhere. It is more abundant than gold, silver or mercury, about the same as tin and slightly less abundant than cobalt, lead or molybdenum. Vast amounts of uranium also occur in the world's oceans, but in very low concentrations.

http://www.world-nuclear.org/info/nuclear-fuel-cycle/mining-of-uranium/uranium-mining-overview/

Uranium Minerals

The major primary ore mineral is uraninite (basically UO2) or pitchblende (U2O5.UO3, better known as U3O8), though a range of other uranium minerals is found in particular deposits. These include carnotite (uranium potassium vanadate), the davidite-brannerite-absite type uranium titanates, and the euxenite-fergusonite-samarskite group (niobates of uranium and rare earths). 

Brannerite (uranium calcium titanium iron oxide, basically uranium titanate - UTi2O6 with some Ca and other elements replacing U and some Fe, and other elements replacing Ti) is particularly important since it occurs as up to 30% of the mineralisation at Olympic Dam and also (<10%) at Valhalla near Mount Isa. It does not dissolve readily in sulfuric acid, and so a substantial proportion is not recovered. Research is being undertaken to improve the recovery of this, which has significant implications for the quantum of Australian recoverable low-cost resources of uranium

A large variety of secondary uranium minerals is known, many are brilliantly coloured and fluorescent. The commonest are gummite (a general term like limonite for mixtures of various secondary hydrated uranium oxides with impurities); hydrated uranium phosphates of the phosphuranylite type, including autunite (with calcium), saleeite (magnesian) and torbernite (with copper); and hydrated uranium silicates such as coffinite, uranophane (with calcium) and sklodowskite (magnesian).

http://www.world-nuclear.org/info/Nuclear-Fuel-Cycle/Uranium-Resources/Geology-of-Uranium-Deposits/

Gold market

The gold market is relatively liquid compared to many other commodity markets. Physical demand for gold is primarily for fabrication purposes, including jewellery (which accounts for just less than 80% of fabricated demand), electronics, dentistry, decorations, medals and official coins. In addition, central banks, financial institutions and private individuals buy, sell and hold gold bullion as an investment and as a store of value.

The use of gold as a store of value (a consequence of the tendency of gold to retain its value in relative terms against basic goods, and particularly in times of inflation and monetary crisis) and the large quantities of gold held for this purpose in relation to annual mine production have meant that, historically, the potential total supply of gold is far greater than demand at any one time. Thus, while current supply and demand play some part in determining the price of gold, this does not occur to the same extent as with other commodities. Instead, the gold price has from time to time been significantly affected by macro-economic factors such as expectations of inflation, interest rate changes, exchange rate changes, changes in reserve policy by central banks, and by global or regional political and economic events. In times of price inflation and currency devaluation, gold is often bought as a store of value, leading to increased purchases and support for the price of gold.

http://www.anglogoldashanti.co.za/subwebs/InformationForInvestors/Reports07/AnnualReport07/review/gold.htm

Do your portfolio a favor and watch the free webinar, where Rick Rule, Amir Adnani, Secretary Spencer Abraham, Lady Judge, and the Honorable Herb Dhaliwal all make impressive, logical arguments why uranium is so important moving forward. For those savvy investors who did watch our webinar and are sitting with a profit on the stocks we recommended in the webinar, we recommend you watch it again, to remind yourself that we are in the very early stages of the next phase of the uranium supercycle that will dwarf the previous uranium bull markets. As my friend David Galland taught me years ago, "fortune favors the bold"—so take an hour out of your House of Cards schedule and watch the uranium webinar, as I believe it will be the foundation for your "house of gold."

https://www.caseyresearch.com/cdd/how-important-is-the-spot-price-of-uranium

more visit here :  http://goo.gl/UzdoA4