The Uranium Juniors and Majors: A Symbiotic Relationship

Fears about peak oil and the concept of uranium as a cleaner energy source have coupled in the industry
Consequently, the juniors are aggressively exploring for the next uranium ore body. But as uranium decays, it emits radiation. For that reason uranium mining is subject to the most stringent regulations of any mining industry. The licensing process is lengthy and expensive and uranium production regulations make production prohibitive to juniors. So what becomes of a junior uranium company once it has a significant ore body? Conversely, how does a major like Cameco Corp. acquire more valuable uranium to meet growing demand and remain the industry leader it has been?

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