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Uranium Miners Jump as Japan Moves to Restart Reactors

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Uranium prices and producers’ shares soared after Japan cleared the way for restart of the first of the nuclear reactors shut after the March 2011 earthquake and tsunami.

Cameco Corp., Canada’s largest uranium producer, increased 11 percent, the biggest gain since August 2010. Denison Mines Corp. climbed 20 percent and explorer Fission Uranium Corp. rose 18 percent in Toronto.