Many Americans, including me, had our views of nuclear power strongly shaped by the 1979 film The China Syndrome. This polemic’s alarming message was amplified when the Three Mile Island nuclear accident occurred just days after its release. Splitting uranium atoms to generate electricity had once been touted as a miraculous solution to the world’s …
Denison Mines Corp. (“Denison” or the “Company”) (DML: TSX, DNN: NYSE American) filed its Consolidated Financial Statements and Management’s Discussion & Analysis (“MD&A”) for the year ended December 31, 2018. Both documents can be found on the Company’s website at www.denisonmines.com or on SEDAR (at www.sedar.com) and EDGAR (at www.sec.gov/edgar.shtml). The highlights provided below are derived …
The world’s largest producer of Uranium has gone on to say that its sales have jumped by 65 percent. The Kazakhstan-based Kazatomprom is the world’s largest producer of natural uranium, having almost total access to one of the world’s largest uranium resource bases while producing other rare earth metals as a secondary source of revenue. …
Uranium Participation Corporation (“UPC”) (TSX:U) reports its estimated net asset value at February 28, 2019 was CAD$656.0 million or CAD$4.75 per share. As at February 28, 2019, UPC’s uranium investment portfolio consisted of the following: (in thousands of Canadian dollars, except quantity amounts) Quantity Fair Value Investments in Uranium: Uranium oxide in concentrates (“U3O8“) …
Ur-Energy Inc. (NYSE American:URG)(TSX:URE) (“Ur-Energy” or the “Company”) has filed the Company’s Annual Report on Form 10-K, Consolidated Financial Statements, and Management’s Discussion & Analysis, all for the year ended December 31, 2018, with the U.S. Securities and Exchange Commission on EDGAR at www.sec.gov/edgar.shtml and with Canadian securities authorities on SEDAR at www.sedar.com. These filings …
Cameco (TSX: CCO; NYSE: CCJ) reaffirms its ability to meet its financial obligations and self-manage risk, despite the recent downgrade in its credit rating. “We are disappointed by the ratings downgrade. Our 2018 results and our outlook for 2019 are as expected, but the deliberate decisions we have made to strengthen the company for the …
EXCLUSIVE TO SIGHTLINE U3O8: In January 2017, while announcing planned production cuts, the Chairman of the Management Board of Kazatomprom (Kazakhstan’s national uranium arm) explained that the glut of uranium supply would be the reality of the market for the near term. He then went on to state, “It will be better for our shareholders and …
Anfield Energy Inc. (TSX-V: AEC, OTCQB: ANLDF, FRANKFURT: 0AD) (“Anfield” or the “Company”) is pleased to announce, further to its news releases on March 12, 2018, and January 8, 2019, that it has closed its previously-announced transaction (the “Transaction”) with Cotter Corporation (N.S.L.) (“Cotter”) to acquire both the Charlie ISR Uranium Project (the “Charlie Project”) and nine past-producing …
MINING operations at Swakop Uranium’s Husab mine in Erongo were stopped on Tuesday after workers aired concerns over their safety in light of claims that unchecked explosives and detonators were discovered on the site. Sources on the mine told The Namibian that about 500 workers in the mining department stopped working yesterday already and will not return …
The share of nuclear power generation in the global energy mix is set to decline through 2040 if there is no policy support to promote investment, according to the International Energy Agency (IEA). “Nuclear energy plays a major role in both energy security and sustainability in today’s energy mix,” Dr Fatih Birol, the IEA’s Executive …