Spot uranium rose a dollar to $69.75 a pound last week, according to Ux Consulting, who noted that supply was thin and that volume continued to increase.
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In contrast, uranium stocks showed signs of weakening enthusiam.
While Cameco (NYSE:CCJ) continued its descent from the peak on Valentine's Day,
the Global X Uranium ETF (NYSEARCA:URA) drifted sideways in a narrow range after recovering from a minor sell-off the previous week.
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In a report released last week, PwC predicted more uranium M&A to come this year, as well as more off-take agreements.
Cameco quietly advanced its plan to expand operations at its Key Lake facility in northern Saskatchewan.
Denison (NYSEMKT:DNN) CEO Ron Hochstein made a presentation in which he said that vanadium was key to its US strategy, planning to sell 2.2 million pounds of the alloying agent, in addition to 1.3 million pounds of uranium, in 2011.
In junior stocks, Rockgate released new assays from its Falea Project in Mali, including an intersection of 1.09% U3O8, 443 g/t Ag, and 0.26% Cu over 2 metres.
Fission Energy found new mineralization 1.3 km west of its J Zone discovery in the Athabasca basin.
U3O8 Corp reported positive metallurgical tests on from the Laguna Salada project in Argentina.
Titan increased the drill-indicated resource at its Sheep Mountain project to more than 30 million pounds of uranium oxide.
Strateco announced the results for the first four holes drilled this year at Matoush, confirming earlier high grades.
Dan Rather interviewed a variety of nuclear energy players, including Eric Loewen, whose PRISM reactor actually runs on the waste generated by current reactors.
In an interview with Hard Assets Investor, Mickey Fulp lays out his reasons for being bullish on uranium.
A new post by Jeb Handwerger of Gold Stock Trades explains how to play the coming nuclear renaissance and why soft prices are valuable.
Finally, an editorial in the Massachusetts Daily Collegian calls for nuclear power over solar, reflecting a changing mindset in what was traditionally a no-nuke demographic.
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The Wall Street Journal reports on Bill Gates and TerraPower, whose goal is to make nuclear reactors smaller, cheaper and safer.
The United Arab Emirates is set to become the first Arab state to use civilian nuclear power. Construction started last December, and the first reactor is scheduled to go online in 2017
Saskatchewan will spend $30 million to create a new nuclear research centre at the University of Saskatchewan, to expand nuclear medicine but also materials science and small reactor design.
Fission Energy closed a $7.5 million non-brokered private placement.
First Uranium raised $52 million at a buck.
Energy Fuels filed a preliminary prospectus for a best-efforts offering.
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