Uranium

The world uranium industry faced diminishing short-term prospects in 1980, brought about by a decline in prices and downward revisions to nuclear power growth projections, and leading to a general moderation in activities. In Canada uranium exploration and development momentum was generally maintained, with the focus in Saskatchewan. Production of uranium in Canada in 1980 was 7 152 tonnes U. Mineable uranium resources (up to $200/kg U) were estimated to be 770 000 tonnes U. The author reviews government affairs, markets and prices, refining, nuclear power developments, and international highlights