Uranium

Canada is the world's biggest producer of uranium. In the era of dwindling oil supplies and worries about global warming, nuclear energy is likely one of the few sources of power that can be produced economically on a massive scale and has no green house emissions. For those who are concerned about geo-politics, Canada is a politically stable country. As with oil, most of the deposits are found in countries that are deemed politically hostile and unfriendly to developed nations.

The price of uranium is resurging due to surging demand and lagging supply. Due to years of low prices, there have been barely any new investments in uranium mine production. Given the extreme technical demands of producing uranium, it can take as long as 10 years to get a mine up to production. The supply shortfall is expected to continue as uranium companies are only recently been making investments to add on new production. As a result, the price of uranium is expected to remain high.

Canada is home to many excellent run companies, whether in the exploration phase or in production. In addition to a business friendly environment, uranium companies in Canada can attract the necessary talent to successfully meet its operating targets. Successfully exploring for uranium and developing the mine demands very specialized expertise.