(Bloomberg) -- Australian uranium stocks surged after the nation's opposition Labor Party ended a 25-year ban on new mining of the radioactive mineral.
Shares in Perth-based Deep Yellow Ltd., which is seeking the uranium in Namibia as well as four Australian states and territories, gained as much as 13 percent. Eromanga Uranium Ltd., with projects in South Australia and Western Australia, rose 11 percent.
Read more at Bloomberg Energy News
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