Uranium Exploration Corp. - 1968 dated Colorado Mining Stock Certificate
Inv# MS3417 StockStock printed by Security-Columbian Banknote Company. Uncancelled and not negotiable. Uranium mining involves the extraction of uranium ore from the earth. In 2019, over 50,000 tons of uranium were produced globally. The leading producers of uranium were Kazakhstan, Canada, and Australia, which collectively contributed to 68% of the world's total production. Other nations that produced more than 1,000 tons annually included Namibia, Niger, Russia, Uzbekistan, the United States, and China. The vast majority of mined uranium is utilized for generating electricity in nuclear power plants. Historically, uranium found use in products such as uranium glass and ferrouranium; however, these applications have diminished due to concerns regarding uranium's radioactivity. Presently, these uses are largely replaced by a readily available and inexpensive supply of depleted uranium, which is also employed in uranium-based ammunition.
A stock certificate is issued by businesses, usually companies. A stock is part of the permanent finance of a business. Normally, they are never repaid, and the investor can recover his/her money only by selling to another investor. Most stocks, or also called shares, earn dividends, at the business's discretion, depending on how well it has traded. A stockholder or shareholder is a part-owner of the business that issued the stock certificates.
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