Cameco’s Grandey Says Investors Confuse Uranium, Oil

Cameco Corp. Chief Executive Officer Jerry Grandey says some investors in the world’s largest uranium producer mistakenly expect its shares to perform like other energy companies. “They just treat all energy equally — uranium, oil and gas,” Grandey, 60, said yesterday in an interview in New York. “It’s silly because the markets are completely disconnected.” Shares... 

WW Energy Announces Letter of Intent to Purchase Producing Oil and Gas Assets in Montana Including Oil Sands and Pipeline

WW Energy Inc. is pleased to announce that it has entered into a letter of intent to acquire forty-one percent of a private company’s natural gas and oil interests in Montana. The assets are characterized by producing oil and gas assets along with associated facility infrastructure (twenty miles of pipeline). The properties also contain a significant portfolio of development opportunities with... 

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Uranium to Gain on Plants, Merrill Says

Uranium prices may gain as Japan, South Korea, India and the United Kingdom build more nuclear reactors to meet rising energy demand, Merrill Lynch & Co. said. Uranium for immediate delivery may average $43 a pound this year, Vicky Binns and Daniel Hynes said in a July 12 report. This is 8 percent higher than Merrill’s previous estimate of $40 and compares with last year’s average...