About the conference

“Steady as she goes” could quite easily be the mantra for Paydirt’s Uranium Conference in 2008. 2007 was a watershed year for the uranium and exploration and mining industry, the highlight being the scrapping of prohibitions on the commissioning of new uranium mines in some states and territories of Australia.

And while there might still be some reticence on the parts of certain State Governments to join the world of uranium mining, there is no stopping the exploration for the commodity which is powering base-loads for an increasing percentage of the developed world and emerging economies.

Resource Capital Research has predicted that by September 2008, the spot price of uranium oxide would be $US115/lb. There are more than 65 Australian juniors on the hunt for the valuable yellowcake and their share prices have reflected the enthusiasm for this increasingly popular alternative to fossil fuels. Although not as buoyant as in 2006, share prices of uranium juniors settled at more realistic levels during 2007 – reflecting a greater maturity in the market.

There is a great hunger for this commodity, as the number of planned and proposed new nuclear power reactors worldwide has increased dramatically. There are nearly 450 nuclear power reactors already in operation around the world.

Most of the new proposed reactors will be in China, a country with which Australia already has solid trade links. More than 60 reactors are planned for this country, which has largely accounted for the boom in other commodities like iron ore, nickel and copper.

There could be no better time to join the best – in Australia’s uranium industry – at Paydirt’s Uranium Conference, which will be held at the Hilton Adelaide Hotel on March 17-18, 2008