URANIUM.

Evidence of expanding markets, improved prices and the short-supply of uranium became abundantly clear in 1975, providing the much needed impetus for widespread activity in all phases of uranium operations. Exploration activity that had been at low levels in recent years in Canada was evident in most provinces as well as the Northwest Territories. All producers were in the process of expanding their uranium-producing facilities. The most significant international development has been the turn-around in uranium prices, resulting in increased uranium exploration activity, hampered only by limitations in equipment and personnel.