2018 has been a challenging year for those of us who speculate in the junior resource space. But, despite one of the toughest years I’ve ever seen, there’s a lot to look forward to in 2019. Earlier this year when everything was rosy, the overall indices and all cryptocurrencies were going straight up (where’d all …
Saudi Arabia’s population has grown from 4 million in 1960 to over 31 million in 2016. It is the main electricity consumer and producer in the Gulf region, with 345 trillion watts of gross production in 2016, of which 41 percent was produced from oil and 59 percent from gas. The electricity consumption in the …
The new Philippe Coste uranium conversion plant at Orano’s Tricastin site in southern France has now been commissioned following the completion of a test programme. Orano said that during the testing programme the plant’s process equipment was progressively started up so that the complete manufacturing line could be tried out. The major equipment of the …
The company behind a £12bn new nuclear power plant in Wales has said it is making every effort to ensure the project goes ahead. Hitachi said it had “not given up” on its plans for Wylfa Newydd, Anglesey. It follows speculation the company was considering scrapping the Horizon project due to potential increases in construction costs. Executive …
On december 3rd McIntyre Partnerships, a hedge fund in New York that normally buys equity and debt securities, told investors it was buying a commodity: uranium. This “slight anomaly” was justified by the metal’s impressive recovery, said its founder, Chris McIntyre. Uranium’s spot price has jumped by 41% since April, to near a two-year high …
Given the security of Hungary’s energy supply as well as economic and climate protection considerations, Hungary has “no alternative” to building a nuclear plant, the minister without portfolio in charge of the upgrade of the Paks nuclear power plant told an international energy conference in Budapest on Tuesday. Climate policy goals cannot be fulfilled without …
It’s been an early start to winter this year across much of the Central and Eastern United States. And plunging temperatures have highlighted a surprising fact: Not only are natural-gas prices soaring, but fuel stockpiles have dipped to unusually low levels. It’s a somewhat unexpected turn of events — since the United States has been the …
The U.S. uranium mining industry has been devastated. This year, we expect it will provide less than 2 percent of the uranium that our country’s nuclear power plants need to produce 20 percent of our electricity — the lowest U.S. supply level since before the Cold War. This is no accident. We believe this is …
Exclusive to SightlineU3O8: Something odd began to occur in September of this year. For the first time in over a decade, the share price of uranium equities began to fall while the Spot price of uranium continued to rise. The last time this happened, the Spot price was running up over US$100/lb and the equity …
Argentina and China are aiming to close a deal within days for the construction of the South American nation’s fourth nuclear power plant, a multi-billion dollar project that would cement Beijing’s deepening influence in a key regional U.S. ally. Argentina hopes to announce an agreement on the Chinese-financed construction of the Atucha III nuclear power …
