Uranium Advances 4% on Kazakh Output Cut, Deutsche Bank Fund
November 12th, 2008By Yuriy Humber
Nov. 10 (Bloomberg) — Uranium rose for a second week after Kazakhstan’s state producer cut its output target for next year and Deutsche Bank AG set up a fund to buy the radioactive metal.
Uranium-oxide concentrate for immediate delivery rose $2, or 4.3 percent, to $48 a pound from a week ago, Denver-based pricing [...]