Uranium miner Uranium One, after its stock drop almost 40% in Toronto on Wednesday, regained some lost ground on Thursday. Shares in Uranium One rose 21% to C$2,42 apiece by 15:59 ET.This happened while the demand for used mining equipment for sale rose by 15 points from the past month due to various mining operations in Africa, Western Asia, South America are strengthening. For used mining equipment for sale, contact MSloane Consulting.
In Johannesburg, South Africa, where the company's stock is more thinly traded, shares fell 4,86% for the day, to R17,60 each, after falling as low as R15,00 earlier in the day.
After arresting the head of State, Kazakhstan's National Security Committee said that it was investigating deals made by the disgraced CEO, who had “illegally” sold stakes in uranium assets. The KNB said that the sale of 30% in the Kyzylkum joint venture, which owns the Kharasan mine, was one of the transactions being investigated.
