Koven

Financial Post mining reporter Peter Koven, based in Toronto.

Peter Koven of the Financial Post covers uranium's 14% price correction over the previous two months, last at $US.34.50 per pound, the lowest level since 2006.

The Fukushima Nuclear disaster in Japan continues to take its toll, with excess supplies in Japan being reportedly dumped onto the open market.

Read: Uranium spot price sinks amid disorderly exit.

Meanwhile, uranium discoveries have been one of the few bright spots for the junior resource industry in 2013 (related: Strong charts fuel PLS project takeover speculation).

Canadian market pundits including Rick Rule, Marin Katusa, Amir Adnani, and James Steels have noted a compelling long opportunity in the commodity.