Uranium 2007

Resources, Production and Demand

image of Uranium 2007
Based on official information received from 40 countries, Uranium 2007 provides a comprehensive review of world uranium supply and demand as of 1st January 2007, as well as data on global uranium exploration, resources, production and reactor-related requirements. It provides substantive new information from major uranium production centres in Africa, Australia, Central Asia, Eastern Europe and North America. Projections of nuclear generating capacity and reactor-related uranium requirements through 2030 are also featured, along with an analysis of long-term uranium supply and demand issues. It finds that with rising demand and declining inventories, uranium prices have increased dramatically in recent years. As a result, the uranium industry is undergoing a significant revival, bringing to an end a period of over 20 years of underinvestment.

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South Africa

Nuclear Energy Agency

The world-wide search for uranium resources in the early 1940s resulted in the commencement of uranium exploration in South Africa during 1944. Attention at the time was focused on the occurrence of uranium in the gold bearing quartz-pebble conglomerates of the Witwatersrand Supergroup. Exploration for uranium in the Witwatersrand Basin was always a consequence of gold exploration until the oil crisis emerged in 1973. With the price of uranium increasing more than five times in a short space of time, uranium exploration activities intensified leading to the establishment of South Africa’s first primary uranium producer at Beisa Mine in 1981.

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