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By Kiely (registered) | Posted November 08, 2010 at 15:32:26
Keep in mind most mines rarely dig up one thing. Uranium is often found in copper mines.
I know two very rich copper mines, one in Zambia and one in China, that are sitting on their secondary Uranium reserves, apparently waiting for the market price to increase. The hole in the ground is often being dug anyway so it becomes hard to crunch numbers to find the actual cost of uranium extraction... processing is of course a different matter.
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